Issue Price
₹105
Per Share
GMP
NIL
Grey Market
Est. Listing
₹105
Expected Price
Min. Application
₹252,000
2 lots × 1200 shares
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.
Reetech International Cargo & Courier Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 56,400 | — | ₹0.59 Cr | — |
| TOTAL | 1,114,800 | 100.00% | ₹11.71 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹126,000 |
| Retail (Max) | 13 | 15,600 | ₹1,638,000 |
| sNII (Min) | 14 | 16,800 | ₹1,764,000 |
| bNII (Min) | 68 | 81,600 | ₹8,568,000 |
| Particulars | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue from Operations | 18.99 | 1842.41 | 11689.10 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 13.98 | 30.10 | 417.29 |
| Net Worth | 325.06 | 365.59 | 801.06 |
| Total Assets | 396.17 | 877.78 | 1727.52 |
| Reserves & Surplus | 273.21 | 313.74 | 749.21 |
| Total Borrowings | N/A | N/A | N/A |