Reetech International Cargo & Courier Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 529,200 (47%) | — | ₹556 Cr |
| Retail | — | 529,200 (47%) | — | ₹556 Cr |
| Market Maker | — | 56,400 (5%) | — | ₹6 Cr |
| Σ Total | — | 1,114,800 (100%) | — | ₹11,705 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹126,000 |
| Retail (Max) | 13 | 15,600 | ₹1,638,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,764,000 |
| B-HNI (Min) | 67 | 80,400 | ₹8,442,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 19 | 1,842 | 11,689 |
| Profit After Tax | 14 | 30 | 417 |
| Net Worth | 325 | 366 | 801 |
| Total Assets | 396 | 878 | 1,728 |
| Reserves & Surplus | 273 | 314 | 749 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Working Capital Requirements – 5.51
- 2 General Corporate Purposes – 1.51
Company Overview
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.