IPO IPO-Synopsis
Reetech International Cargo & Courier Ltd

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Registered Office: Sai Kunj,Civil Lines , Raipur - 492001 , Chattisgarh , India.
Phone : 91-7714003800   Fax:
Email :  info@reetechinternational.com  
Website :  www.reetechinternational.com
Public issue of 11,14,800 equity shares of face value of Rs10.00 each ("Equity Shares") of Reetech International Cargo and Courier Limited (the "Company" or the "Issuer") for cash at a price of Rs105.00 per equity share including a share premium of Rs95.00 per equity share (the "Issue Price") aggregating to Rs11.71 crores ("The Issue") comprising of a fresh issue of 5,97,600 equity shares aggregating to Rs6.27 crores (the "Fresh Issue") and an offer for sale of 5,17,200 equity shares by the selling shareholders ("Offer for Sale") aggregating to Rs5.43 crores of which 56,400 equity shares aggregating to Rs0.59 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 10,58,400 equity shares aggregating to Rs11.11 crores (the "Net Issue"). The issue and the net issue will constitute 26.37% and 25.04% respectivelyof the post issue paid-up equity share capital of the company. The face value of the equity share is Rs10.00 and the issue price is 10.5 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
27-Sep-22 29-Sep-22 Rs105.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 7.02
Gretex Corporate Services Ltd
Project Financed through Current Offer 11.71  
Post Issue Equity Share Capital 4.23  
Issue Price Rs105.00  
Projects
Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Mahendra Ahuja
Roma Ahuja
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd