Open Date
-
Close Date
-
Listing Date
-
Price Range
₹30.0 to ₹0.0
IPO Size
₹5.35 Cr
Exchange Symbols
Reet Projects Ltd
Reet Projects Ltd
₹-
/ - shares
Cutoff - Lot Size
Reet Projects Ltd
Reet Projects Ltd
₹-
/ - shares
Cutoff - Lot Size
IPO Details
Open Date
-
Close Date
-
Listing Date
-
Price Range
₹30.0 to ₹0.0
IPO Size
₹5.35 Cr
Exchange Symbols
NSE - N/A, BSE - N/A
IPO Dates and Timelines
IPO Size and Allocation Details
Risks and Strengths
Strength
Risks
Experienced Promoters and Management Team.
Operation methodology.
Quality Assurance and Standards.
Locational advantage.
The company may not be able to successfully identify and acquire suitable land or development rights, which may affect its business and growth prospects.About
Our Company was originally formed as a partnership firm in the name and style of "M/s. Orbit Corporation" vide partnership deed dated April 29, 2014 which was reconstituted on February 11, 2019, August 8, 2022 and February 16, 2023. The name of the partnership firm was changed to "M/s. Reet Projects" with the consent of the partners vide deed of partnership dated February 16, 2023. Later on, the firm was converted into a public limited company under same style as "Reet Projects Limited" under the Companies Act, 2013 vide certificate of incorporation dated March 31, 2023 issued by Assistant Registrar of Companies, Central Registration Centre, bearing Corporate Identification Number U41001GJ2023PLC139730.
| Company Name | Reet Projects Ltd |
| Headquarter | Surat |
| info@reetprojects.com | |
| Website | www.reetprojects.com |
Financials
Peers
Reet Projects Ltd
- Kesar India Ltd
- AMJ Land Holdings Ltd
- Ratnabhumi Developers Ltd
IPO Registrar
KFin Techologies Ltd
| Phone Number | 91-40-67162222 |
| Email ID | einward.ris@kfintech.com |
| Website | www.kfintech.com |
Synopsis
Reet Projects Ltd
Initial public issue* of up to 17,84,000 equity shares of face value Rs. 10/- each ("Equity Shares") of Reet Projects Limited ("The Company" or the "Issuer") for cash at a price of Rs. 30 per equity share (including a securities premium of Rs. 20 per equity share) ("Issue Price"), aggregating up to Rs. 5.35 crores (the "Issue"). 96,000 equity shares aggregating to Rs. 0.29 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 16,88,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 30 per equity share aggregating to Rs. 5.06 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute [*]% and [*]% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalisation of basis of allotment The face value of the equity shares is Rs. 10/- each and the issue price is 3.0 times of the face value.
Address: Shop # 327 3rd Floor Ishana-, The Business Hub Althan, Surat, Gujarat, 395017
Phone: +91 99 9866 5650
Email: info@reetprojects.com
Website: www.reetprojects.com
Open Date: -
Close Date: -
Issue Price: ₹
FAQ’s
What is the open date of IPO?
- The opening date of IPO is .
What is the close date of IPO?
- The closing date of IPO is .
What is the issue size of IPO?
- The issue size of IPO is Rs 5.35 Cr.
What is the lot size of IPO?
- The size per lot of IPO is 0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is .
What is the listing date of IPO?
- IPO will get listed on .
Who is the registrar of IPO?
- The registrar of IPO is KFin Techologies Ltd .
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