Reetech International IPO GMP, Review, Price, Allotment

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Reetech International IPO GMP

Reetech International IPO description – The company was originally incorporated as M R Agriculture Private Limited and was engaged in the business of agriculture goods such as Rice Milling, Rice Sorting, Dal Milling, Dal Processing and Agriculture Products. In the year 2020, the promoters commenced business of trading of coal. In the year 2021, the company changed its name to Reetech International Cargo and Courier Private Limited.

In these years, Reetech has emerged as one of the recognised suppliers of coal in the state of Chhattisgarh. The company is based at Raipur, Chhattisgarh, and its operations are spread across India, with a wide network of customers. Its diversified product portfolio comprises coal from Indonesia, South Africa, Australian and India, among other origins. The company supplies its products to the customers in various sectors i.e., Power, Steel, Rolling and other industries. The company is one of the recognised traders of Coal and perform its operations from Gangavaram and other ports.

Promoters of Reetech International – Mr Mahendra Ahuja and Ms Roma Ahuja


Reetech International IPO Details

Reetech International IPO Dates27 – 29 September 2022
Reetech International IPO PriceINR 105 per share
Fresh issue597,600 shares (INR 6.27 crore)
Offer For Sale517,200 shares (INR 5.53 crore)
Total IPO size1,114,800 shares (INR 11.71 crore)
Minimum bid (lot size)1,200 shares
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Reetech International Financial Performance

 FY 2020FY 2021FY 2022
Revenue1,840.2611,373.97
Expenses0.101,801.9111,101.66
Net income13.7540.53440.47
Figures in INR Lakh unless specified otherwise

Reetech International Offer News


Reetech International Valuations & Margins

FY 2020FY 2021FY 2022
EPS0.390.8311.50
PE ratio9.13
RONW (%)4.308.2352.09
NAV154.51
Debt/Equity ratio0.120.17
ROCE (%)4.979.9072.81

Reetech International IPO GMP Daily Trend

DateConsolidated IPO GMPKostakSubject to Sauda

Reetech International Offer Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered529,200529,2001,058,400
Day 10.020.190.10
Day 20.130.390.26
Day 31.431.921.67
Last updated on
29 Sep 2022 | 06:59:28 PM

Reetech International Offer Lead Manager

GRETEX CORPORATE SERVICES LIMITED
Office No. 13, 1st Floor, New Bansilal Building, Raja
Bahadur Mansion, 9-15, Homi Modi Street, Fort,
Mumbai– 400001, Maharashtra, India
Phone: +91 – 22 – 4002 5273 / +91 96532 49863
Email[email protected]
Website: www.gretexcorporate.com


Reetech International Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6 – 2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Cave Road, Andheri (East),
Mumbai – 400093, Maharashtra
Phone: 22 6263 8200
E-mail: [email protected]
Website: www.bigshareonline.com


Reetech International Contact Details

REETECH INTERNATIONAL CARGO AND COURIER LIMITED
“Sai Kunj” Civil Lines,
Raipur- 492001,
Chhattisgarh, India
Phone: +91 7714003800
E-mail: [email protected]
Website: www.reetechinternational.com


Reetech International IPO Allotment Status

Reetech International IPO allotment will be available on Bigshare Services’ website. Click on this link to get allotment status.


Reetech International IPO Timetable

Reetech International IPO Opening Date27 September 2022
Reetech International IPO Closing Date29 September 2022
Finalisation of Basis of Allotment4 October 2022
Initiation of refunds6 October 2022
Transfer of shares to demat accounts7 October 2022
Reetech International IPO Listing Date10 October 2022
Opening Price on BSE SMEComing soon
Closing Price on BSE SMEComing soon

Reetech International IPO FAQs

What is Reetech International offer size?

Reetech International offer size is INR 11.71 crore.

What is Reetech International IPO Price Band?

Reetech International public offer price is INR 105 per share.

What is the lot size of Reetech International Offer?

Reetech International offer lot size is 1,200 shares.

What is Reetech International IPO GMP today?

Reetech International IPO GMP today is NA per share.

What is Reetech International kostak rate today?

Reetech International kostak rate today is NA per application.

What is Reetech International Subject to Sauda rate today?

Reetech International Subject to Sauda rate today is INR70,000 per application.

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