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Market | Equity | Daily Market Tracker | IPO Synopsis
Reetech International Cargo & Courier Ltd
Registered Office:
Sai Kunj,Civil Lines,
Raipur - 492001,
Chattisgarh, India.
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.
Money Payable On
Opens On
Closes On
Minimum Application for shares in Nos : 1200     Further Multiples of : 1200
Lead Managers to the Issue
Project Cost
Gretex Corporate Services Ltd
Project Financed
Post Issue
Issue Price
Working Capital Requirements
General Corporate Purposes
Promoted By
Mahendra Ahuja
Roma Ahuja
Listing At
Registrar to the Issue
No Data Available!!!
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