247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Reetech International Cargo and Courier Limited IPO (Reetech International Cargo and Courier IPO) Details

Reetech International Cargo and Courier Limited is an Logistics based company, located in Raipur, Reetech International Cargo and Courier Limited IPO size was 11.71 Cr. and was issued at 105.00 per share. The share of Reetech International Cargo and Courier Limited were listed at 83.60 per share and are currently trading at 43.01 per share.

Type :
Sub Sector :
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
116.89 Cr.

PAT :
4.17 Cr.

Pricing Report

Issue Price :
105.00

Listing Price :
83.60

Current Market Price :
43.01

Issue Price vs CMP :
61.99 (59.04%)

listing Price vs CMP :
40.59 (48.55%)

Performance Report (CAGR* wise)

CAGR : -32.34
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Reetech International Cargo and Courier

Company Information
Reetech International Cargo and Courier was incorporated in the year 2008, in the name and style of M R Agriculture Private Limited by the joint efforts of Mr. Mahendra Ahuja and Ms. Roma Ahuja. Company started its operation in the year 2009-10 Initially the Company was engaged in the business of agriculture goods such as Rice Milling, Rice Sorting, Dal Milling, Dal Processing and Agriculture Products. The business of trading of Agriculture goods had been operated by the Company successfully in the past. In the year 2020, their promoters commenced business of trading of coal. In the year 2021, the company changed its name from M R Agriculture Private Limited to Reetech International Cargo and Courier Private Limited. Their Promoters has a vision to look
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Object of Issue
  • Working Capital Requirements
  • General Corporate Purposes

Reetech International Cargo and Courier SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Oct, 2022
IPO Size :
11.71 Cr.
Market Cap :
44.39 Cr.   
IPO Subscription :
1.67 X     
PE Multiple :
10.64
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Reetech International Cargo and Courier operates in Logistics and . The Issue is listed on BSE SME in Oct, 2022. Reetech International Cargo and Courier IPO size was 11.71 Cr. with Issue price of 105.00 .

Reetech International Cargo and Courier IPO subscription was 1.67 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Reetech International Cargo and Courier IPO listed at a listing price of 83.60 against the offer price of 105.00.

The current market price of Reetech International Cargo and Courier is 43.01.

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