Rikhav Securities Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 15-01-2025 | 17-01-2025 | ₹5 per share | 0 | 1,600 Shares | BSE SME | 1,03,28,000 shares (aggregating up to ₹88.82 Cr) | 2025-01-20 00:00:00 | 2025-01-21 00:00:00 | 2025-01-21 00:00:00 | 22-01-2025 |
About The Company
Rikhav Securities IPO is a book built issue of Rs 88.82 crores. The issue is a combination of fresh issue of 83.28 lakh shares aggregating to Rs 71.62 crores and offer for sale of 20.00 lakh shares aggregating to Rs 17.20 crores.
Rikhav Securities IPO opens for subscription on January 15, 2025 and closes on January 17, 2025. The allotment for the Rikhav Securities IPO is expected to be finalized on Monday, January 20, 2025. Rikhav Securities IPO will list on BSE SME with tentative listing date fixed as Wednesday, January 22, 2025.
Rikhav Securities IPO price band is set at ₹82 to ₹86 per share. The minimum lot size for an application is 1600. The minimum amount of investment required by retail investors is ₹1,37,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹2,75,200.
Smart Horizon Capital Advisors Private Limited is the book running lead manager of the Rikhav Securities IPO, while Link Intime India Private Ltd is the registrar for the issue.The market maker for Rikhav Securities IPO is Shreni Shares Limited.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 18071 | 4298 | 1762 | 7585.94 | 7086.54 | 1506.12 |
| 31-03-2023 | 18772 | 5452 | 1910 | 9496.21 | 7998.01 | 994.27 |
| 31-03-2024 | 30207 | 11134 | 4265 | 13807.74 | 12309.54 | 12309.54 |
| 30-09-2024 | 33791 | 9616 | 5037 | 18845.06 | 17346.86 | 2598.06 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | 137600 |
| Retail (Max) | 1 | 1600 | 137600 |
| HNI (Min) | 2 | 3200 | 275200 |
IPO Listing Details
| Listing Date | 22-01-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
The Promoters of the company are Mr Hitesh Himatlal Lakhani, Mr Rajendra N Shah, Ms Bharti Hitesh Lakhani, Ms Vaishali R Shah, Mr Deep Hitesh Lakhani, Mr Monil Rajendra Shah and M/s. Hitesh Himatlal Lakhani HUF.
Contact Information of the Company
Rikhav Securities Limited
Office No. 922 - A
9th Floor, P. J. Towers, Dalal Street,
Fort, Mumbai - 400001
Phone: 022 - 69078300
Email: investor@rikhav.in
Website: https://www.rikhav.net/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: rikhav.smeipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
IPO Lead Manager
Smart Horizon Capital Advisors Private Limited (Past IPO Performance)