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Reetech International Cargo IPO Date, GMP, Price, Review, Allotment

Reetech International Cargo IPO

Table of Contents

Reetech International Cargo IPO date is fixed, The IPO will open on September 27 and will close on September 29, 2022. Reetech International Cargo is a BSE SME IPO to raise ₹11.71 crores via IPO. The Reetech International Cargo IPO price band is fixed at ₹105 with a market lot of 1200 shares.

Reetech International Cargo and Courier Ltd is one of the leading Coal Supplier in India. Their diversified portfolio comprises coal from Indonesia, South Africa and India, among other origins.

The company has good network of customers and operations spread across India. They provide services to the customers in Power, Steel, Rolling and other industries. An effective handling and transportation of the orders is facilitated through Road transportation and Railway. REETECH is one of the leading traders of Coal and perform its operations from Gangavaram and other port.

Objects of the Issue:

  • Working Capital Requirements.
  • General Corporate Purposes.

Reetech International Cargo IPO Review

  • To be updated soon

Reetech International Cargo IPO GMP Live Rates day by day with Kotak rates.

DateGMPKostakSubject to
24 September₹-₹-₹-

Reetech International Cargo IPO Date & Price Band Details

Reetech International Cargo IPO Open:September 27, 2022
Reetech International Cargo IPO Close:September 29, 2022
Reetech International Cargo IPO Size:Approx ₹11.71 Crores, 1,114,800 Equity Shares
Face Value:₹10 Per Equity Share
Reetech International Cargo IPO Price Band:₹105 Per Equity Share
Reetech International Cargo IPO Listing on:BSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Reetech International Cargo IPO Market Lot

The Reetech International Cargo IPO minimum market lot is 1200 shares with a ₹126,000 application amount.

Minimum IPO Lot Size:Minimum 1200 shares for 1 lot
Minimum Amount:₹126,000 for 1 lot

Reetech International Cargo IPO Dates

The Reetech International Cargo IPO date is September 27 and the IPO close date is September 29. The IPO allotment date is October 4 and the IPO might list on October 10.

Reetech International Cargo IPO Open Date:September 27, 2022
Reetech International Cargo IPO Close Date:September 29, 2022
Basis of Allotment:October 4, 2022
Refunds:October 6, 2022
Credit to Demat Account:October 7, 2022
Reetech International Cargo IPO Listing Date:October 10, 2022

You can check Reetech International Cargo IPO subscription status and Reetech International Cargo IPO allotment status on their respective pages.

Reetech International Cargo IPO Form

How to apply Reetech International Cargo IPO? You can apply Reetech International Cargo IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Reetech International Cargo IPO in the Invest section. The other option you can apply Reetech International Cargo IPO via IPO forms download via the BSE website. Check out the Reetech International Cargo forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Reetech International Cargo Company Financial Report

₹ in Crores
RevenueExpensePAT
2020₹0.19₹0.00₹0.14
2021₹18.42₹18.02₹0.30
2022₹116.89₹101.02₹4.17

Reetech International Cargo IPO Valuation – FY2022

Check Reetech International Cargo IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹11.50 per Equity Share
Price/Earning P/E Ratio:9.13
Return on Net Worth (RoNW):52.09%
Net Asset Value (NAV):₹154.51 per Equity Share

Peer Group

  • Anmol India Limited
  • Redington (India) Limited

Company Promoters

  • Mr. Mahendra Ahuja
  • Ms. Roma Ahuja

Reetech International Cargo IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Reetech International Cargo IPO Allotment Status

Check Reetech International Cargo IPO allotment status on Bigshare website URL. Click Here

Reetech International Cargo IPO Lead Managers

  • Gretex Corporate Services Pvt Ltd

Company Address

Reetech International Cargo and Courier Ltd
Raipur, 492001
Phone: + 91 7714003800
Email: [email protected]
Website: https://reetechinternational.com/

Reetech International Cargo IPO FAQs


What is Reetech International Cargo IPO?

Reetech International Cargo IPO is a BSE SME IPO. They are going to raise ₹11.71 Crores via IPO. The issue is priced at ₹105 per equity share. The IPO is to be listed on BSE.

When Reetech International Cargo IPO will open?

The IPO is to open on September 27, 2022 for NII, and Retail Investors.

What is Reetech International Cargo IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Reetech International Cargo IPO?

You can apply Reetech International Cargo IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Reetech International Cargo IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Reetech International Cargo”. 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. Open Demat Account with Zerodha.

How to Apply the Reetech International Cargo IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Reetech International Cargo”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Reetech International Cargo IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Reetech International Cargo”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Reetech International Cargo IPO Size?

Reetech International Cargo IPO size is ₹11.71 crores.

What is Reetech International Cargo IPO Price Band?

Reetech International Cargo IPO Price Band is ₹105 per equity share.

What is Reetech International Cargo IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹126,000.

What is Reetech International Cargo IPO Allotment Date?

Reetech International Cargo IPO allotment date is October 4, 2022.

What is Reetech International Cargo IPO Listing Date?

Reetech International Cargo IPO listing date is October 10, 2022. The IPO to list on BSE SME.

Note: The Reetech International Cargo IPO details are announced officially. The IPO grey market premium (Reetech International Cargo IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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