Reetech International Cargo IPO subscription status started on Tuesday, September 27, 2022 and will close on September 29, 2022. Reetech International Cargo IPO to raise around ₹11.71 crores via IPO. The retail quota is 50%, and HNI is 50%. The price band is fixed at ₹105 per equity share. The IPO to list on BSE.
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.
IPOWatch View:
We recommend investors may apply an IPO with Short-term and Long-term Views. Investors should also look at the Retail and HNI numbers before investing. You can check the Reetech International Cargo IPO allotment status here.
Reetech International Cargo IPO Subscription Status
Last Updated on Day 3 at 5:00
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.02 | 0.13 | 1.43 |
| RII | 0.20 | 0.39 | 1.92 |
| Total | 0.11 | 0.26 | 1.67 |
Reetech International Cargo IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Reetech International Cargo IPO Review
- Avoid
Reetech International Cargo IPO Date & Price Band
| 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
| Minimum IPO Lot Size: | Minimum 1200 shares for 1 lot |
| Minimum Amount: | ₹126,000 for 1 lot |
Reetech International Cargo IPO Subscription Dates
| 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 |
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.
