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Reetech International Cargo & Courier Ltd
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 Rs. 10.00 each ("Equity Shares") of Reetech International Cargo and Courier Limited (the "Company" or the "Issuer") for cash at a price of Rs. 105.00 per equity share including a share premium of Rs. 95.00 per equity share (the "Issue Price") aggregating to Rs. 11.71 crores ("The Issue") comprising of a fresh issue of 5,97,600 equity shares aggregating to Rs. 6.27 crores (the "Fresh Issue") and an offer for sale of 5,17,200 equity shares by the selling shareholders ("Offer for Sale") aggregating to Rs. 5.43 crores of which 56,400 equity shares aggregating to Rs. 0.59 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 Rs. 11.11 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 Rs. 10.00 and the issue price is 10.5 times of the face value of the equity shares.
Issue
Opens On
Closes On
27-Sep-22
29-Sep-22
Money Payable On
Application
Allotment
105.00
0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
7.02
Gretex Corporate Services Ltd
Project Financed through Current Offer (
.Cr)
11.71
Post Issue Equity Share Capital (
.Cr)
4.23
Issue Price (
)
105.00
Projects
Working Capital Requirements
General Corporate Purposes
Promoted By
Mahendra Ahuja
Roma Ahuja
Listing At
BSE - SME
Registrar to the Issue
No Data Available
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