What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Reetech International Cargo and Courier Limited IPO?

Reetech International Cargo and Courier Limited IPO has received a total subscription of 1.67 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Reetech International Cargo and Courier Limited

ListedSME

Services / 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.67x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.67x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	557,619	—	0.00x
Non-Institutional (NII / HNI)	167,286	—	0.00x
Retail Individual (RII)	390,333	—	0.00x
Total	1,115,238	0	1.67x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.67x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	325	543	1.67x
HNIs (10L +)	2	3	1.50x
HNIs (2-10L)	10	17	1.70x
Total Applications	337	563	1.67x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is Reetech International Cargo and Courier Limited IPO GMP today?

Currently, Reetech International Cargo and Courier Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹105 to ₹105 per equity share.

What is the expected profit per lot for Reetech International Cargo and Courier Limited IPO?

The retail lot size is 1200 shares requiring a minimum application amount of ₹1,26,000. Expected listing price is ₹105 per equity share.

What is the issue size and price band for Reetech International Cargo and Courier Limited IPO?

The Reetech International Cargo and Courier Limited IPO aggregate issue size is ₹11.71 Crores with an equity price band set at ₹105 to ₹105 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,26,000.

How can I check Reetech International Cargo and Courier Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.67x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Reetech International Cargo and Courier Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-10-04. Investors can verify status using PAN card or application number.

When is the listing date for Reetech International Cargo and Courier Limited IPO?

Reetech International Cargo and Courier Limited shares are scheduled to list on BSE on 2022-10-10.