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Rikhav Securities Limited SME IPO
Issue Size (Net)
up to Rs.88.82 Cr
Price Band
Rs.82 to Rs.86 per share
Issue Opens
January 15, 2025
Issue Closes
January 17, 2025

Company Highlights

1.Company Information

Founded in 1995, Rikhav Securities Limited is a financial services firm based in India that provides brokerage, investing, and banking solutions. The organization is registered with SEBI as a stockbroker and is affiliated with BSE Limited (BSE), the National Stock Exchange of India (NSE), and the Multi Commodity Exchange (MCX). Its offerings encompass equity broking, cash delivery, intraday trading, as well as futures and options. The firm engages in trading across various derivative and commodity markets. As a Self-Clearing Member of the Indian Clearing Corporation and NSE Clearing, Rikhav Securities facilitates smooth trade settlements. Rikhav Securities assists clients in participating in IPOs and offers depository services for demat accounts. As mutual fund advisors, the firm provides guidance to clients regarding their investment choices. Additionally, the company engages in market-making activities.

2. Strenghts

1) Durable partnerships with clients 2) A comprehensive financial services system 3) Skilled management team with a track record of successful execution

3. Objects of the Issue

The company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects: 1) Funding the incremental working capital requirements; 2) Funding of capital expenditure requirements of the company towards the purchase of IT Software, Computers and Laptops: 3) General corporate purposes

4.Rikhav Securities Limited 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

Rikhav Securities IPO Financials

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
30-Sep-24
33,791.49
9,615.83
5,037.32
18,845.06
17,346.86
2,598.06
31-Mar-24
30,206.82
11,134.26
4,264.63
13,807.74
12,309.54
4,806.11
31-Mar-23
18,772.01
5,452.43
1,910.27
9,496.21
7,998.01
994.27
31-Mar-22
18,070.69
4,298.31
1,762.47
7,585.94
7,086.54
1,506.12
Amount in Rs. Lakhs

Rikhav Securities IPO Details

Issue Opening Date
January 15, 2025
Issue Closing Date
January 17, 2025
Face Value
Rs.5 per share
Price
Rs.82 to Rs.86 per share
Lot Size
1600 Shares
Issue Size
1,03,28,000 shares (aggregating up to Rs.88.82 Cr)
Fresh Issue
83,28,000 shares (aggregating up to Rs.71.62 Cr)
Offer for Sale
20,00,000 shares of Rs.5 (aggregating up to Rs.17.20 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME

Rikhav Securities Limited IPO Timeline

Event
Tentative Date
Opening Date
Wednesday, January 15, 2025
Closing Date
Friday, January 17, 2025
Basis of Allotment
Monday, January 20, 2025
Initiation of Refunds
Tuesday, January 21, 2025
Credit of Shares to Demat
Tuesday, January 21, 2025
Listing Date
Wednesday, January 22, 2025
Cut-off time for UPI mandate confirmation
5 PM on January 17, 2025

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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