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IPO

IPO Details


Reetech International Cargo & Courier Ltd
Registered Office: Sai Kunj, Civil Lines, Raipur - 492001, Chattisgarh
Phone: 91-7714003800
Email: info@reetechinternational.com
Website: www.reetechinternational.com
Public issue of 11,14,800 equity shares of face value of Rs. 10.00 each (Equity Shares) of Reetech International Cargo and Courier Limited (the Company or the Issuer) for cash at a price of Rs. 105.00 per equity share including a share premium of Rs. 95.00 per equity share (the Issue Price) aggregating to Rs. 11.71 crores (The Issue) comprising of a fresh issue of 5,97,600 equity shares aggregating to Rs. 6.27 crores (the Fresh Issue) and an offer for sale of 5,17,200 equity shares by the selling shareholders (Offer for Sale) aggregating to Rs. 5.43 crores of which 56,400 equity shares aggregating to Rs. 0.59 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 10,58,400 equity shares aggregating to Rs. 11.11 crores (the Net Issue). The issue and the net issue will constitute 26.37% and 25.04% respectivelyof the post issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 10.5 times of the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
27-Sep-2022 29-Sep-2022 ₹ 105.00 ₹ 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
(₹)Cr. Lead Managers to the Issue
Project Cost 7.02 Gretex Corporate Services Ltd
Project Financed through Current Offer 11.71
Post Issue Equity Share Capital 4.23
Issue Price ₹105.00
Projects
Working Capital Requirements
General Corporate Purposes
Promoted By
Mahendra Ahuja
Roma Ahuja
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

84,167.51 982.71 (1.18%)

Nifty

25,705.20 289.40 (1.14%)

GLOBAL INDICES

USD

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NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)