:::LALKAR GROUP::::

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	73.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600

	(Rs)	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	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