Reetech International Cargo and Courier Limited
ListedSMEServices / Logistics · BSE
Reetech International Cargo and Courier Ltd, incorporated in 2008, is a coal supplier in India with a diversified portfolio sourcing coal from Indonesia, South Africa, Australia, and India. The company caters to customers across sectors such as power, steel, rolling, and other industries, ensuring efficient order handling and transportation through road and rail networks. Initially, the company was engaged in agriculture, including rice milling, rice sorting, dal milling, dal processing, and other agricultural products.
Price Band
₹105
Issue Size
₹11.71 Cr
Lot Size
1200 shares
GMP
—
Est. Listing
₹105
at current GMP
Subscribed
1.67x
overall
Open
27 Sep 2022
Close
29 Sep 2022
Allotment
4 Oct 2022
Refund
5 Oct 2022
Demat Credit
6 Oct 2022
Listing
10 Oct 2022
Last updated 12 days ago
Official Registrar Verification
Reetech International Cargo and Courier Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
4 Oct 2022
Basis finalization
Refunds Initiate
5 Oct 2022
Mandate release
Demat Credit
6 Oct 2022
Shares in demat
Listing Debut
10 Oct 2022
Trading begins
How to Check Reetech International Cargo and Courier Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Reetech International Cargo and Courier Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Reetech International Cargo and Courier Limited Public Issue & Market Profile
Reetech International Cargo and Courier Limited is bringing an initial public offering (IPO) in the Services / Logistics sector with an aggregate issue size of ₹11.71 Crores. The shares are offered at a price band of ₹105 to ₹105 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,26,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-10-06, while un-allotted funds or UPI block mandates will be released on 2022-10-05.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.