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As on : Apr 23,2024 04:36 PM
Ritco Logistics Ltd
Registered Office: 508 5th Floor Janakpuri,Jyoti Shikhar Tower, New Delhi - 110058, Delhi, India.
Phone : 91-0124-4702300   Fax:
Email :    
Website :  
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 (Rs) 0.00
Minimum Application for shares in Nos : 1600   Further Multiples of : 1600
  Lead Managers to the Issue
Project Cost (Rs.Cr) 48.18 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer (Rs.Cr) 48.18  
Post Issue Equity Share Capital (Rs.Cr) 24.48  
Issue Price (Rs) 73.00  
Projects
Warehouse Development Technology up gradation/development of Digital Platform
Fleet Centre Up gradation/Development Funding the workring capital requirements of the company
General Corporate purposes
Promoted By
Man Mohan Pal Singh Chadha
Sanjeev Kumar Elwadhi
Listing At
BSE - SME
Registrar to the Issue
No Data Available