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Reetech International Cargo and Courier Limited IPO

Reetech International Cargo and Courier Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 82.00 (-21.90%)

The Initial Public Offering of Reetech International Cargo and Courier Limited's culminated in its successful listing on 10-10-2022 at the BSE trading platform. The company secured 11,14,800 Shares through this capital market exercise, with 5,41,200 Shares allocated to new capital formation and ₹5.43 Cr to existing shareholder liquidity.

Investors participated within the price parameters of ₹105 to ₹105, with minimum investment requirements of 1200 shares. The subscription period from 27-09-2022 to 29-09-2022 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 04-10-2022. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Reetech International IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Reetech International IPO Key Performance Indicator
Company Financials ( In Lakhs )

Reetech International IPO About Company

Reetech International Cargo and Courier Ltd, incorporated in 2008, is a coal supplier in India with a diversified portfolio sourcing coal from Indonesia, South Africa, Australia, and India. The company caters to customers across sectors such as power, steel, rolling, and other industries, ensuring efficient order handling and transportation through road and rail networks. Initially, the company was engaged in agriculture, including rice milling, rice sorting, dal milling, dal processing, and other agricultural products.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Reetech International IPO Strength Factors

  1. Proven Experience & Track Record: Demonstrates a strong history of successful operations.
  2. Experienced Promoters & Management: Led by knowledgeable leaders with industry expertise.
  3. Repeat Business: Maintains long-term relationships with returning customers.
  4. Strategic Location Advantage: Operates from locations that support business growth and accessibility.
  5. Satisfied Vendor Network: Works with a reliable and content chain of suppliers.
  6. Progressive Employer: Provides a positive and forward-thinking work environment.

Reetech International IPO Risk Factors

NA


Reetech International IPO Lead Manager(s)

  • Gretex Corporate Services Limited

Reetech International IPO Promoter(s)

  1. Mr. Mahendra Ahuja
  2. Ms. Roma Ahuja

Reetech International IPO Company Details

Reetech International Cargo and Courier Limited
Phone:
address:

Reetech International IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Reetech International IPO FAQs