Reetech International Cargo & Courier Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

27 Sep 2022

Close Date

29 Sep 2022

Allotment

04 Oct 2022

Listing Date

10 Oct 2022

Exchange

BSE SME

Price Band

₹105

Listing Price

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Allotment Status

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Price Band

₹105

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

11,14,800 shares (aggregating up to ₹11.71 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹126,000

1 lot

Pre-IPO Holding

36,29,500 shares

Promoters

Post-IPO Holding

42,27,100 shares

Promoters

P/E (Pre)

10.64x

UPI Deadline

2022-09-29

Mandate

Anchor AllotmentMon, 26 Sep 2022

Basis of AllotmentTue, 04 Oct 2022

Refund InitiationThu, 06 Oct 2022

Demat CreditFri, 07 Oct 2022

Listing DayMon, 10 Oct 2022

UPI Mandate Deadline2022-09-29

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public10,58,400 shares (aggregating up to ₹11.11 Cr)

Market Maker Quota56,400 shares (aggregating up to ₹0.5922 Cr)

Fresh Issue Shares5,41,200 shares (aggregating up to ₹5.68 Cr)

Offer for Sale5,17,200 shares of ₹10 (aggregating up to ₹5.43 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Reetech International Cargo & Courier Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Sep 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	56,400	—	₹0.59
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,114,800	100%	₹11.71

IPO Shares Offered

Reetech International Cargo & Courier Ltd. IPO total issue size: ₹11.71 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	56,400	₹0.59	5.06%
Total	1,114,800	₹11.71	100.00%

* Based on upper price band ₹105 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹105.00

Upper Band

Min Investment

₹126,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹252,000
Retail (Max — 13 Lots)	13	15,600	₹1,638,000
S-HNI (Min — 14 Lots)	14	16,800	₹1,764,000
B-HNI (Min — 68 Lots)	68	81,600	₹8,568,000

* Issue Price ₹105 × Lot Size 1,200 shares

IPO Schedule

Anchor

26 Sep 2022

✓ Done

IPO Open

27 Sep 2022

✓ Done

IPO Close

29 Sep 2022

✓ Done

Allotment

04 Oct 2022

✓ Done

Refunds

06 Oct 2022

✓ Done

Demat Credit

07 Oct 2022

✓ Done

Listing Day

10 Oct 2022

✓ Done

₹105.00

INR · BSE

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Issue ₹105.00 Live Price

About Reetech International Cargo & Courier Ltd.

Incorporated in 2008, Reetech International Cargo and Courier Ltd is a Coal Supplier in India. The company's diversified product portfolio comprises coal from Indonesia, South Africa, Australia and India, among other origins.The company supply the products to 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.Initially the Company was engaged in the business of agriculture goods such as Rice Milling, Rice Sorting, Dal Milling, Dal Processing and Agriculture Products.Competitive Strength :Experience and Track Record.Experienced Promoters and Management.Repeat Business.Location Advantage.Satisfied Chain of Vendors.Progressive Employer.

Objects of the Issue

1 Working Capital Requirements

2 General Corporate Purposes

Reetech International Cargo & Courier Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹11,689.1

31-Mar-22

₹1,842.4

31-Mar-21

₹19.0

31-Mar-20

Profit After Tax (PAT)

₹417.3

31-Mar-22

₹30.1

31-Mar-21

₹14.0

31-Mar-20

Particulars	31-Mar-20	31-Mar-21	31-Mar-22
Revenue from Operations	18.99	1842.41	11689.10
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	13.98	30.10	417.29
Net Worth	325.06	365.59	801.06
Total Assets	396.17	877.78	1727.52
Reserves & Surplus	273.21	313.74	749.21
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered11,14,800 (100.00%)

Net Offer to Public10,58,400 shares (aggregating up to ₹11.11 Cr)

Reserved for Market Maker56,400 shares (aggregating up to ₹0.5922 Cr)

Pre-Issue Promoter Holding36,29,500 shares

Post-Issue Promoter Holding42,27,100 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Gretex Corporate Services Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Reetech International Cargo & Courier Ltd. IPO subscribed? ▲

Reetech International Cargo & Courier Ltd. IPO is subscribed 1.00 times by Sep 29, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Reetech International Cargo & Courier Ltd. IPO retail subscription status? ▼

The Reetech International Cargo & Courier Ltd. IPO retail category is subscribed 1.00 times as of 29 Sep 2022. The retail portion is oversubscribed.

How to subscribe Reetech International Cargo & Courier Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 27 Sep 2022 and closes 29 Sep 2022. Min investment: ₹126,000 (1 lot = 1,200 shares). UPI mandate: 2022-09-29.

How many times Reetech International Cargo & Courier Ltd. IPO subscribed? ▼

The Reetech International Cargo & Courier Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Reetech International Cargo & Courier Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Oct 2022. Refunds: on 06 Oct 2022.

When Reetech International Cargo & Courier Ltd. IPO will be listed? ▼

The Reetech International Cargo & Courier Ltd. IPO listing date is 10 Oct 2022, Monday. Listed on: BSE SME. Issue price: ₹105. Estimated listing: ₹105. GMP: NIL.

When Reetech International Cargo & Courier Ltd. IPO close? ▼

The Reetech International Cargo & Courier Ltd. IPO closes on 29 Sep 2022, Thursday. UPI mandate: 2022-09-29. Allotment: 04 Oct 2022. Listing: 10 Oct 2022.

Quick Actions

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Live Price LIVE

Last Price₹105.00

Change—

Issue Price₹105.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹105

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹126,000

GMPNIL

Est. Listing₹105

Subscribed1.00x

Open Date27 Sep 2022

Close Date29 Sep 2022

Allotment04 Oct 2022

Listing Date10 Oct 2022

ExchangeBSE SME

UPI Deadline2022-09-29