| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹11.71 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹11.71 Cr |
| Fresh Issue | ₹5.68 Cr |
| Offer for Sale | ₹5.43 Cr |
| Face Value | βΉ10 Per Equity Share |
| Issue Price | βΉ105.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543617 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Gretex Corporate Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 2008, Reetech International Cargo and Courier Ltd is a Coal Supplier in India. The company'sΒ 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 :
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (βΉ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 5.51 |
| 2 | General Corporate Purposes | 1.51 |
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 17.28 | 8.78 | 3.96 |
| Total Income | 116.89 | 18.42 | 0.19 |
| Profit After Tax | 4.17 | 0.30 | 0.14 |
| NET Worth | 8.01 | 3.66 | 3.25 |
| Reserves and Surplus | 7.49 | 3.14 | 2.73 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROE | 71.54% |
| ROCE | 72.81% |
| RoNW | 52.09% |
| PAT Margin | 3.87% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (βΉ) | 11.50 | |
| P/E (x) | 10.64 | |
| Promoter Holding | 99.99% | 73.62% |
| Market Cap | βΉ44.39 Cr. | |