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Reetech International Cargo IPO Subscription Details (Live Status)

Reetech International Cargo IPO Details

IPO Open Sep 27, 2022
IPO Close Sep 29, 2022
IPO Price ₹105
Face Value ₹10
IPO Size ₹11.71 Cr
Listing At BSE SME
Lot Size 1200
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Reetech International Cargo IPO Subscription Status Live

Reetech International Cargo IPO subscribed 1.67 times. The public issue subscribed 1.92 times in the retail category, [.] times in QIB, and 1.43 times in the NII category by Sep 29, 2022.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers1.43
Retail Investors1.92
Employees[.]
Others[.]
Total1.67

Reetech International Cargo IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Sep 27, 2022
0.020.200.11
Day 2
Sep 28, 2022
0.130.390.26
Day 3
Sep 29, 2022
1.431.921.67

Reetech International Cargo IPO Shares Offered

Reetech International Cargo IPO is a public issue of 1,058,400 equity shares. The issue offers 529,200 shares to retail investors, 0 shares to qualified institutional buyers, and 529,200 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
NII529,2005.5650.00%
Retail529,2005.5650.00%
Total1,058,40011.11100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Reetech International Cargo IPO Subscription FAQs

The Reetech International Cargo IPO is subscribed 1.67 by Sep 29, 2022.

Reetech International Cargo IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.43
Retail Individual1.92
Employee Reservations[.]
Others[.]
Total Subscription1.67

Retail category of Reetech International Cargo IPO subscribed 1.92 times as of date Sep 29, 2022. The public issue closes on Sep 29, 2022 for bidding.

An investor can apply in Reetech International Cargo IPO online via bank (using ASBA) or the broker (using UPI). The Reetech International Cargo IPO shares are offered online only.

The Reetech International Cargo IPO is subscribed 1.67 by Sep 29, 2022.

The Reetech International Cargo IPO allotment status is expected on or around Oct 4, 2022. Visit Reetech International Cargo IPO allotment status to check.

The Reetech International Cargo IPO listing date is not yet announced. The Reetech International Cargo IPO is planned to list on Oct 10, 2022, at BSE SME.

Visit Reetech International Cargo IPO subscription status page for real-time bidding information about Reetech International Cargo IPO.

Reetech International Cargo IPO Timetable

IPO Opens OnSep 27, 2022
IPO Closes OnSep 29, 2022
Finalisation of Basis of AllotmentOct 4, 2022
Initiation of RefundsOct 6, 2022
Credit of Shares to Demat AccountOct 7, 2022
IPO Listing DateOct 10, 2022