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IPO Synopsis

Ritco Logistics Ltd
Registered Office: 508 5th Floor Janakpuri,Jyoti Shikhar Tower , New Delhi - 110058 , Delhi , India.
Phone : 91-0124-4702300   Fax:
Email :  cs@ritcologistics.com  
Website :  www.ritcologistics.com
Initial public offer of 66.00.000 equity shares of face value of (Rs)10/- each ("equity shares") of Ritco Logistics Limited ("company" or "offerer") for cash at a price of (Rs)73/- per equity share (including a share premium of (Rs)63/- per equity share) aggregating (Rs)48.18 Crores (the "offer") consisting of a fresh issue of 50.00.000 equity shares agregating (Rs)36.50 Crores ("fresh issue") and an offer for sale of 16,00,000 equity shares including 8,33,000 equity shares by sanjeev kumar elwadhi and 7,67,000 equity shares by man mohan pal singh chadha ("the selling shareholder(s)") aggregating (Rs)11.68 Crores ("offer for sale). the offer includes a reservation of 3,34,400 equity shares of face value (Rs)10/- lach at a price of (Rs)73/- per equity' share aggregating 2.44Crores for subscription by the market maker to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e. net offer of 62,65,600 equity shares of face value of i 10/- lach for cash at a price of (Rs)73 /- per equity' share, aggregating (Rs)45.7389 Crores is hereinafter refered to as the "net offer". the offer and the net offer constitutes 26.96% and 25.60 % respectively of the post offer paid up equity' share capital of the company. The face value of equity shares is (Rs)10 each. The offer price is (Rs)73 per equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Jan-19 30-Jan-19 (Rs)73.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 48.18 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 48.18  
Post Issue Equity Share Capital 24.48  
Issue Price (Rs)73.00  
Projects
Warehouse Development Funding the workring capital requirements of the company
Technology up gradation/development of Digital Platform General Corporate purposes
Fleet Centre Up gradation/Development
Promoted By
Man Mohan Pal Singh Chadha  
Sanjeev Kumar Elwadhi  
Listing At
BSE - SME 
Registrar to the Issue
No Data Found.

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