Reetech International Cargo IPO will be Open on 27 September 2022 and closes on 29 September 2022. The company has fixed the price of this IPO at ₹105 according to the face value of ₹10. The company will raise ₹11.70 Crores through this IPO under the 11,14,800 Equity Shares public issue. And the offer is 100% Fixed Price Issue. You can check here to know Reetech International Cargo IPO GMP and Reetech International Cargo IPO subscription status here.
Reetech International Cargo and Courier Ltd is engaged in the business of agriculture goods such as Rice Milling, Rice Sorting, Dal Milling, Dal Processing and Agriculture Products. The business of trading of Agriculture goods had been operated by the Company successfully in the past. The company also commenced business of trading of coal In the year 2022.
The company has emerged as one of the recognised suppliers of coal in the state of Chhattisgarh. The company is based at Raipur, Chhattisgarh, and our operations are spread across India, with a vide network of Customers.
The company diversified product portfolio comprises coal from Indonesia, South Africa, Australian and India, among other origins. The company supply our products to the customers in various sectors i.e Power, Steel, Rolling and other industries. An effective handling and transportation of the orders is facilitated through Road transportation and Railway.
Objects Of The Issue :
- Working Capital Requirements
- General Corporate Purposes
Company Strengths :
- Experience and Track Record
- Experienced Promoters and Management
- Repeat Business
- Location Advantage
- Satisfied Chain of Vendors
- Progressive Employer
| Read also: Upcoming IPO List 2022 |
Reetech International Cargo IPO Review :
■ Apply For Long Term
Reetech International Cargo IPO GMP Live:
Reetech International Cargo IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 27 Sep 2022 | ₹0-₹0 | ₹0 |
| 26 Sep 2022 | ₹0-₹0 | ₹0 |
| 25 Sep 2022 | ₹0-₹0 | ₹0 |
| 24 Sep 2022 | ₹0-₹0 | ₹0 |
Reetech International Cargo IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 27 September 2022 |
| IPO Close : | 29 September 2022 |
| IPO Size : | ₹11.70 Cr {11,14,800 Shares} |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹105 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹11.70 Cr {11,14,800 Shares} |
| Fresh Issue : | ₹6.27 Cr {5,97,600 Shares} |
| Offer For Sale : | ₹5.43 Cr {5,17,200 Shares} |
Reetech International Cargo IPO Market Lot :
Reetech International Cargo IPO Minimum Market lot is 1 Lot with 1200 shares with ₹126,000 Application amount. The retail investors can apply up to 1 lots with 1200 Shares or ₹126,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 1200 Shares |
| Minimum Amount : | ₹126,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 1200 Shares |
| Maximum Amount : | ₹126,000 |
Reetech International Cargo IPO Shares Offer :
A Total of 11,14,800 shares are to be bid for the public issue by Reetech International Cargo IPO with 5,97,600 for Fresh issue and 517,200 for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 5,97,600 | ₹6.27 Cr |
| Offer For Sale : | 5,17,200 | ₹5.43 Cr |
| Total : | 11,14,800 | ₹11.70 Cr |
Reetech International Cargo IPO Reservation :
Reetech International Cargo IPO Total Reservation of 11,14,800 shares are to be bid for the public issue by Reetech International Cargo IPO with – for QIB and 5,29,200 for NII 5,29,200 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹- |
| NII : | 50% | 5,29,200 | ₹5.55 Cr |
| RII : | 50% | 5,29,200 | ₹5.55 Cr |
| MMRP : | – % | 56,400 | ₹0.60 Cr |
| Total : | 100% | 11,14,800 | ₹11.70 Cr |
Reetech International Cargo IPO Dates :
Reetech International Cargo IPO Date is 27 September 2022 and closes on 29 September 2022. The allotment will be finalized on 04 October 2022 and the IPO may list on 10 October 2022.
| Issue Open Date : | 27 September 2022 |
| Issue Close Date : | 29 September 2022 |
| Allotment Date : | 04 October 2022 |
| Refund Date : | 06 October 2022 |
| Share Credit Date : | 07 October 2022 |
| Listing Date : | 10 October 2022 |
Reetech International Cargo IPO Form :
There are two ways to apply in Reetech International Cargo IPO. You can apply for Reetech International Cargo IPO through ASBA available in your bank account. You have to go to your online bank login and select Reetech International Cargo IPO in the Invest section and apply through your bank account. Another option is you can apply Reetech International Cargo IPO through IPO form download through NSE and BSE. See the Reetech International Cargo IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Reetech International Cargo Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹11,689.10 | ₹11,101.66 | ₹417.29 |
| 2021 | ₹1,842.41 | ₹1,801.91 | ₹30.10 |
| 2020 | ₹18.99 | ₹0.10 | ₹13.98 |
Company Promoters :
■ Mr. Mahendra Ahuja
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Reetech International Cargo IPO Lead Managers :
■ Gretex Corporate Services Limited
Reetech International Cargo IPO Registrar :
Bigshare Services Private Limited
S6-2, 6th Pinnacle Business Park,
Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093,
Maharashtra, India.
Tel. No.: +91 – 22 – 6263 8200;
Fax No.: +91 – 22 – 6263 8299
Email: [email protected]
Investor Grievance Email: [email protected] ;
Website: www.bigshareonline.com
Note: Check Reetech International Cargo IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Reetech International Cargo and Courier Ltd
“Sai Kunj” Civil Lines,
Raipur- 492001, Chhattisgarh, India
Tel: +91 77140 03800
Email: [email protected]
Website: www.reetechinternational.com
Reetech International Cargo IPO FAQs :
What is Reetech International Cargo IPO?
Reetech International Cargo IPO is SME IPO. They are going to raise ₹11.70 Crores via IPO. The issue is priced at ₹105 per equity share. The IPO to be listed on BSE, SME.
When Reetech International Cargo IPO will open?
The IPO is to open on 27 Sep – 29 Sep for QIB, NII & RII.
What is Reetech International Cargo IPO Size?
Reetech International Cargo IPO size is ₹11.70 Crores.
What is the Fresh issue size of Reetech International Cargo IPO?
The Fresh issue size of Reetech International Cargo IPO ₹6.27 Cr.
What is the Offer For Sale size of Reetech International Cargo IPO?
The Offer For Sale size of Reetech International Cargo IPO ₹5.43 Cr.
What is Reetech International Cargo IPO Price Band?
Reetech International Cargo IPO Price Band is ₹105 Per share.
What is Reetech International Cargo IPO Minimum and Maximum Lot Size?
The minimum bid is 1200 Shares with ₹126,000 amount while the maximum bid is 1200 shares with ₹126,000.
What is Reetech International Cargo IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Reetech International Cargo IPO Allotment Date?
Reetech International Cargo IPO allotment date is 04 October 2022.
What is Reetech International Cargo IPO Listing Date?
Reetech International Cargo IPO listing date is 10 October 2022. The IPO to list on BSE, SME.
How to Apply the Reetech International Cargo IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Reetech International Cargo IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Reetech International Cargo IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Reetech International Cargo IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Reetech International Cargo IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Reetech International Cargo IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Reetech International Cargo IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Reetech International Cargo IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Reetech International Cargo GMP: Click Here Reetech International Cargo Subscription: Click Here Reetech International Cargo Allotment: Click Here Reetech International Cargo Listing: Click Here |
All Reetech International Cargo IPO-related links are available here. If you want to know the details then click on Click Here Link.
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