Reetech International Cargo And Courier Limited – Our diversified portfolio comprises coal from Indonesia, South Africa and India, among other origins.
Reetech International Cargo And Courier has today emerged as the leading Supplier of coal in India. We have operations spread across in India; with a good network of Customers .Our diversified portfolio comprises coal from Indonesia, South Africa and India, among other origins.
We provide our 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.
In a very short span of time, Reetech International Cargo And Courier has been able to recognize itself as a trusted name in the coal industries due to its commitment to quality and reliability since its inception. Reetech International Cargo And Courier is one of the leading traders of Coal and perform its operations from Gangavaram and other port.
The company is currently importing the entire spectrum of South African coal. It is importing the entire spectrum of Indonesian coal grades. It procures Indian coal through e-auctions conducted by the various subsidiaries of Coal India Limited. It imports US coal on Kandla port of GCV higher than 7000.
Competitive Strengths
- Experience and Track Record
- Repeat Business
- Location Advantage
- Satisfied Chain of Vendors
- Progressive Employer
- Experienced Promoters and Management
Company Promoters
- Mr. Mahendra Ahuja
- Ms. Roma Ahuja
Company Financials
| Particulars | 31 March 2022 | 31 March 2021 | 31 March 2020 |
|---|---|---|---|
| Total Revenue | 11,689.10 | 1,842.41 | 18.99 |
| Total Expense | 11,101.66 | 1,801.91 | 0.10 |
| Profit Before Tax | 583.13 | 40.51 | 18.89 |
| Profit After Tax | 417.29 | 30.10 | 13.98 |
Object Of The Issue
- Working Capital Requirements
- General Corporate Purposes
Reetech International Cargo and Courier IPO – Details
| IPO Opening Date | 27 September 2022 |
| IPO Closing Date | 29 September 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹11.70 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹105 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Reetech International Cargo and Courier IPO – Date Schedule
| IPO Open Date | 27 September 2022 |
| IPO Close Date | 29 September 2022 |
| Basis of Allotment Date | 04 October 2022 |
| Initiation of Refunds | 06 October 2022 |
| Credit of Shares to Demat Account | 07 October 2022 |
| IPO Listing Date | 10 October 2022 |
Reetech International Cargo and Courier IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 1200 | 1,26,000 |
| Maximum | 1 | 1200 | 1,26,000 |
Reetech International Cargo and Courier IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 73.62% |
Reetech International Cargo and Courier IPO Prospectus
Company Contact Information
| Reetech International Cargo and Courier Limited IPO “Sai Kunj” Civil Lines, Raipur- 492001, Chhattisgarh, India Phone: +91-7714003800 Email: info@reetechinternational.com Website: https://reetechinternational.com/ |
Reetech International Cargo and Courier IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Reetech International Cargo and Courier IPO Lead Manager(s)
| 1. Gretex Corporate Services Limited |
Reetech International Cargo and Courier IPO FAQs
| What is Reetech International Cargo and Courier IPO? Reetech International Cargo and Courier IPO is a SME IPO. The issue is priced at ₹105 per equity share. The IPO is to be listed on BSE SME. |
| When Reetech International Cargo and Courier IPO will open? The IPO is to open on 27 September 2022 for NII and Retail Investors. |
| What is Reetech International Cargo and Courier IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Reetech International Cargo and Courier IPO? You can apply Reetech International Cargo and Courier 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 and Courier IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Reetech International Cargo and Courier”. 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 Angle One. |
| How to Apply the Reetech International Cargo and Courier IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Reetech International Cargo and Courier”. 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 5 Paisa. |
| How to Apply the Reetech International Cargo and Courier IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Reetech International Cargo and Courier”. 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 and Courier IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Reetech International Cargo and Courier”. 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 IIFL. |
| What is Reetech International Cargo and Courier IPO Size? Reetech International Cargo and Courier IPO size is ₹11.70 crores. |
| What is Reetech International Cargo and Courier IPO Price Band? Reetech International Cargo and Courier IPO Price Band is ₹105. |
| What is Reetech International Cargo and Courier IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,26,000 amount while the maximum bid is 1200 shares with ₹1,26,000. |
| What is the Reetech International Cargo and Courier IPO Allotment Date? Reetech International Cargo and Courier IPO allotment date is 04 October 2022. |
| What is the Reetech International Cargo and Courier IPO Listing Date? Reetech International Cargo and Courier IPO listing date is 10 October 2022. The IPO is to list on BSE SME. |
