IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

Up to ₹535.20 lakhs in equity shares

Investor category and sub category

Qualified Institutional Buyers  |   Retail Individual Investors  |   Non-institutional Investor  |  

About Reet Projects Ltd

The company undertakes real estate development and construction, primarily developing and constructing projects such as Residential and Commercial Plotting, residential, commercial and industrial buildings, colonies, mills and factory's buildings, workshop's building, etc. They are primarily operating in the Bharuch district of Gujarat where they are focused on the development of plot, construction of row houses, bungalows, residential & commercial projects.

They focus on developing projects on land or sell plotted lands held by them as stock-in-trade. They also enter into memorandums of understanding for project management, marketing and branding development services with parties for development of projects.

The current shortage of housing in urban areas is estimated to be ~10 million units. An additional 25 million units of affordable housing are required by 2030 to meet the growth in the country’s urban population. This gap between demand and supply may provide a great opportunity for Reet Projects for its future growth.

Reet Projects Ltd IPO Details

Reet Projects Ltd IPO Dates

The dates for bidding for the Reet Projects IPO are yet to be announced.

Reet Projects Ltd IPO Price Band

Reet Projects is a fixed price IPO. The exact price is yet to be announced.

Reet Projects Ltd IPO Lot Size

The Reet Projects Ltd IPO lot size is not announced yet.

Reet Projects Ltd IPO Objectives

The net proceeds of the IPO will be used for the following purposes:

  1. Funding working capital requirements.
  2. General corporate purposes

Peer Details

The following are the listed peers of Reet Projects:

  1. Kesar India Limited
  2. AMJ Land Holdings Limited
  3. Ratnabhumi Developers Limited

How To Check the Allotment Status of the Reet Projects Ltd IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of Reet Projects Ltd

Registered office: Shop No. 327, Third Floor, Ishana the Business Hub, Althan Surat City, Surat 395017, Gujarat

Phone: +91 99 9866 5650

E-mail: info@reetprojects.com

IPO Financials

Particulars Year Ending on March 31, 2023 (Amount in ₹ lakhs) Year Ending on March 31, 2022 (Amount in ₹ lakhs) Year Ending on March 31, 2021 (Amount in ₹ lakhs)
Total Income 80.51 31.59 159.40
Profit After Tax 9.27 0.54 0.52
Return on Capital Employed 0.06 0.01 0.00
Debt to Equity Ratio 8.97 1.92 1.32
Current Ratio 17.00 1.79 3.66

Know before investing


  1. They focus on the overall management of their projects, including land acquisition, project conceptualisation and marketing. They work with service providers such as architects, project management consultants, contractors and international property consultants. It allows their clients to use Reet Projects as a single point of contact for all their real estate solutions.

  2. The area in and around Bharuch has major residential concentration owning to its proximity to the Dahej GIDC, which has over 170 companies. With the expansion of the companies in the GIDC, Reet Projects could see an influx of population around these areas, leading to a need to accommodate these employees within a reasonable distance. This would lead to an increased demand for the services of Reet Projects.


  1. Their ability to identify suitable parcels of land for development is a vital element of growing the business and involves certain risks, including identifying land with clean title and at locations that are preferred by their target customers.

  2. Work stoppages, shortage of labour and other labour problems could adversely affect their business. Further, their operations are dependent on contract labour and an inability to access adequate contract labour at reasonable costs at the project sites may adversely affect their business prospects and results of operations.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Reet Projects Ltd IPO FAQs

What is Reet Projects Ltd's IPO?

Reet Projects IPO is a fixed price IPO. The dates for the IPO are yet to be announced.

When will Reet Projects Ltd's IPO be allotted?

The date of allotment is not announced yet.

When will Reet Projects Ltd's IPO open for subscription?

The IPO subscription window is not announced yet.

What minimum lot size can retail investors subscribe to?

The lot size for the IPO is yet to be announced.

When will Reet Projects Ltd list on exchanges?

The listing date for Reet Projects is not announced yet.

What would be the listing gains on the Reet Projects Ltd IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. The date of listing is yet to be announced.

I have finished the application process for the Reet Projects Ltd IPO, but the funds still need to be debited. What is the reason?

Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.

How do I approve the UPI mandate request for Reet Projects Ltd's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Reet Projects Ltd using one PAN?

You can submit only one application using your PAN card.