Listed Price₹73.00
Listing Gain+0.00%
Price Band₹71 - ₹73
Lot Size1,600 shares
Min Bid₹1,16,800
SubscriptionTracking
Listed Market Snapshot
₹73.00Listed price from market data
+0.00%listing gain
Issue Amount
₹48 Cr
Listed Price
₹73.00
Current Price
₹274.05
Registrar
Link Intime India Private Limited
Timeline•Bookbuilding IPO
Open28 Jan 2019
Close30 Jan 2019
Allotment05 Feb 2019
Listing07 Feb 2019
Quota Reservation Portions
Market MakerPortion: 3,34,400 shares
5.07%HNIPortion: 31,32,800 shares
47.47%RetailPortion: 31,32,800 shares
47.47%Minimum Application Bracket Matrix
Retail1 lots / 1,600 shares
₹1,16,800HNI2 lots / 3,200 shares
₹2,33,600About the Company
Incorporated in 2001, Delhi-based Ritco Logistics Limited provides goods transport and warehousing services, specializing in Contract Logistics, Less than Truck Load (LTL), and Fleet Rental services for industrial customers across India. Contract Logistics forms the bulk of its revenue, contributing 78.73% in 2017-18. The company operates a network of 30 branches across 14 states and 1 union territory and owns a fleet of 256 heavy commercial trucks. Ritco Logistics reported revenues of ₹343.91 Cr, ₹328.96 Cr, and ₹314.16 Cr for 2018, 2017, and 2016, with PAT of ₹10.27 Cr, ₹3.80 Cr, and ₹1.44 Cr, respectively. The company employs 342 full-time staff.
Company Promoters
Mr. Sanjeev Kumar ElwadhiMr. Man Mohan Pal Singh Chadha
Lead Managers
Registrar
Link Intime India Private Limited