Reetech International Cargo and Courier Limited
Fixed Price IPO · BSE
- Price band
- ₹105 - ₹105
- Lot size
- 1,200 shares
- Issue amount
- ₹11.71 cr
- Total subscription
- 1.67×
- Opens
- 27 Sept 2022
- Closes
- 29 Sept 2022
- Allotment
- 4 Oct 2022
- Listing
- 10 Oct 2022
Offer at a glance
Issue overview
- Issue size
- 11,14,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,26,000
- Fresh issue
- ₹5.68 cr
- Offer for sale
- ₹5.43 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,26,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 36,29,500
- Shares after issue
- 42,27,100
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,26,000 |
| HNI | 2 | 2,400 | ₹2,52,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Reetech International Cargo and Courier Ltd, incorporated in 2008, is a coal supplier in India with a diversified portfolio sourcing coal from Indonesia, South Africa, Australia, and India. The company caters to customers across sectors such as power, steel, rolling, and other industries, ensuring efficient order handling and transportation through road and rail networks. Initially, the company was engaged in agriculture, including rice milling, rice sorting, dal milling, dal processing, and other agricultural products.
Strengths
- Proven Experience & Track Record: Demonstrates a strong history of successful operations.
- Experienced Promoters & Management: Led by knowledgeable leaders with industry expertise.
- Repeat Business: Maintains long-term relationships with returning customers.
- Strategic Location Advantage: Operates from locations that support business growth and accessibility.
- Satisfied Vendor Network: Works with a reliable and content chain of suppliers.
- Progressive Employer: Provides a positive and forward-thinking work environment.
Promoters
Mr. Mahendra Ahuja
Ms. Roma Ahuja
Registrar & documents
Lead manager
Gretex Corporate Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Sai Kunj, Civil Lines, Raipur, Chhattisgarh 492001
+ 91 7714003800
[email protected]Company website ↗Understanding REETECH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.