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Ritco Logistics Ltd.

Ritco Logistics Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹73
₹73
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹73
Based on GMP
Min. Investment
₹116,800
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Jan 2019
Close Date
30 Jan 2019
Allotment
04 Feb 2019
Listing Date
07 Feb 2019
Exchange
BSE SME
Price Band
₹73
Listing Price
See chart
Allotment Status
Price Band
₹73
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
66,00,000 shares (aggregating up to ₹48.18 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹116,800
1 lot
Pre-IPO Holding
1,94,76,618 shares
Promoters
Post-IPO Holding
2,44,76,618 shares
Promoters
UPI Deadline
2019-01-30
Mandate
Anchor AllotmentSun, 27 Jan 2019
Basis of AllotmentMon, 04 Feb 2019
Refund InitiationTue, 05 Feb 2019
Demat CreditWed, 06 Feb 2019
Listing DayThu, 07 Feb 2019
UPI Mandate Deadline2019-01-30
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public62,65,600 shares (aggregating up to ₹45.74 Cr)
Market Maker Quota3,34,400 shares (aggregating up to ₹2.44 Cr)
Fresh Issue Shares46,65,600 shares (aggregating up to ₹34.06 Cr)
Offer for Sale16,00,000 shares of ₹10 (aggregating up to ₹11.68 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Ritco Logistics Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Jan 2019.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
334,400
₹2.44
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,600,000
100% ₹48.18
IPO Shares Offered
Ritco Logistics Ltd. IPO total issue size: ₹48.18 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 334,400 ₹2.44
5.07%
Total 6,600,000 ₹48.18
100.00%
* Based on upper price band ₹73 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹73.00
Upper Band
Min Investment
₹116,800
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹233,600
Retail (Max — 13 Lots)1320,800₹1,518,400
S-HNI (Min — 14 Lots)1422,400₹1,635,200
B-HNI (Min — 68 Lots)68108,800₹7,942,400
* Issue Price ₹73 × Lot Size 1,600 shares
IPO Schedule
Anchor
27 Jan 2019
✓ Done
IPO Open
28 Jan 2019
✓ Done
IPO Close
30 Jan 2019
✓ Done
Allotment
04 Feb 2019
✓ Done
Refunds
05 Feb 2019
✓ Done
Demat Credit
06 Feb 2019
✓ Done
Listing Day
07 Feb 2019
✓ Done
Ritco Logistics Ltd. — Live Price LIVE
₹73.00
INR · BSE
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Issue ₹73.00 Live Price
About Ritco Logistics Ltd.
Incorporated in 2001, Delhi based Ritco Logistics Limited is a company engaged in the business of providing goods transport service along with warehousing facilities. The company provides a range of services including Contract Logistics, Less than Truck Load (LTL) and Fleet Rental Services. The company primarily serves to industrial customers who need to transport bulk quantities of their goods within India. The major portion of the revenue comes from Contract Logistics. In 2017-18, Contract Logistics services contributed 78.73% of total revenue. The company has built a widespread transportation network of 30 branches in 14 States and 1 Union Territory across India. It owns a fleet of 256 heavy commercial trucks of different sizes and carrying capacities. The total revenue of the Company stood at Rs. 343.91 crores, Rs. 328.96 crores and Rs. 314.16 crores for 2018, 2017 and 2016 respectively. The PAT for the same period was Rs. 10.27 crores, Rs. 3.80 crores and Rs. 1.44 crores respectively. The company has 342 full-time employees on its payroll.Business Overview20+ years of experience, an integrated supply chain solution company driven by technologyOptimal mix of 3PL & assets base with presence in wide verticals such as Contract Logistics, Bulk. FTL, LTL, Warehousing, 3PLMarquee institutional customers with long standing relationshipsPAN-India presence through an established network of 30 branches, 1 lakh+ sq. ft, of warehouse space, 300+ employees1400+ operational fleets with 350+owned vehiclesUnique institutional contracts for fleet maintenance
Objects of the Issue
1
1 Warehouse development
2
2 Technology up gradation / development of Digital Platform
3
3 Fleet Centre Up gradation / development
4
4 Funding the working capital requirements of the Company
5
5 General corporate purposes
Ritco Logistics Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹32,896.1
31-Mar-17
₹34,391.5
31-Mar-18
₹20,860.3
30-Sept-18
Profit After Tax (PAT)
₹381.8
31-Mar-17
₹1,028.0
31-Mar-18
₹621.2
30-Sept-18
Particulars30-Sept-1831-Mar-1831-Mar-17
Revenue from Operations 20860.31 34391.49 32896.06
EBITDA N/A N/A N/A
Profit After Tax (PAT) 621.18 1027.95 381.83
Net Worth N/A N/A N/A
Total Assets 17894.47 15403.43 9707.73
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered66,00,000 (100.00%)
Net Offer to Public62,65,600 shares (aggregating up to ₹45.74 Cr)
Reserved for Market Maker3,34,400 shares (aggregating up to ₹2.44 Cr)
Pre-Issue Promoter Holding1,94,76,618 shares
Post-Issue Promoter Holding2,44,76,618 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Ritco Logistics Ltd. IPO subscribed?

Ritco Logistics Ltd. IPO is subscribed 1.00 times by Jan 30, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Ritco Logistics Ltd. IPO retail subscription status?

The Ritco Logistics Ltd. IPO retail category is subscribed 1.00 times as of 30 Jan 2019. The retail portion is oversubscribed.

How to subscribe Ritco Logistics Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Jan 2019 and closes 30 Jan 2019. Min investment: ₹116,800 (1 lot = 1,600 shares). UPI mandate: 2019-01-30.

How many times Ritco Logistics Ltd. IPO subscribed?

The Ritco Logistics Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Ritco Logistics Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Feb 2019. Refunds: on 05 Feb 2019.

When Ritco Logistics Ltd. IPO will be listed?

The Ritco Logistics Ltd. IPO listing date is 07 Feb 2019, Thursday. Listed on: BSE SME. Issue price: ₹73. Estimated listing: ₹73. GMP: NIL.

When Ritco Logistics Ltd. IPO close?

The Ritco Logistics Ltd. IPO closes on 30 Jan 2019, Wednesday. UPI mandate: 2019-01-30. Allotment: 04 Feb 2019. Listing: 07 Feb 2019.