IPO

Richa Info Systems IPO

NSE SME

Listed On: Feb 21, 2022 at ₹ 125.00

₹ 125000 /1000 Shares

IPO Details

09 Feb, 2022

Open Date

11 Feb, 2022

Close Date

16 Feb, 2022

Allotment Date

21 Feb, 2022

Listing Date

Issue Price

₹125 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

125.00

Listing Date

2022-02-21

Market Lot

1000 Shares (₹125,000/-)

Lead Manager

Swastika Investmart Ltd

Issue Size

800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr)

#Fresh Issue: 800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr)

Retail Portion

N/A

Subscription

5.05 times

IPO Docs

DRHP RHP

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved380,000380,00076500,000
Day 1 - 09-02-22 05:30 PM1.40 x2.53 x1.96 x
Day 2 - 10-02-22 05:30 PM2.16 x3.97 x3.06 x
Day 3 - 11-02-22 05:30 PM3.16 x6.94 x5.05 x

Valuations

Earnings Per Share (EPS)

₹2.97/-

P/E Ratio

42.07

RoNW

51.62%

Net Asset Value (NAV) - Post Issue

₹49.4/-

Company Financials All values are in ₹ Cr.

30-Nov-2131-Mar-2131-Mar-20
Assets17.218.834.06
Revenue13.9620.1117.56
Profit After Tax0.480.720.33

About The Company

Richa Info Systems is engaged in the business of assembling innovative products and systems. The company acts as an integrator of multifaceted solutions of leading quality products like Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk, and CCTV Cameras. The total ratio of the company's outsourcing and in-house assembling is 20:80.

The company imports raw material from China, after which it assembles the semi-finished products and installs the requisite software as per the client's requirement. The company operates manually in assembling of products and service industry and don't have any plant & machinery of its own.

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- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 67.08%


Company Promoter(s)

  1. Mr. Tushar Dineshchandra Shah
  2. Mrs. Hemaben Tushar Shah

IPO - Issue Objectives

  1. To meet incremental working capital requirements
  2. General corporate purpose
  3. To meet public issue expenses

IPO - FAQs

Ans. Richa Info Systems IPO is a SME IPO. The issue is priced at ₹125 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Feb 9, 2022, and closes on Feb 11, 2022. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Richa Info Systems IPO opens on Feb 9, 2022 and closes on Feb 11, 2022.

Ans. The size of Richa Info Systems IPO is 800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr) #Fresh Issue: 800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr).

Ans. The IPO price band is set between ₹125 per equity share.

Ans. To apply for Richa Info Systems IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Richa Info Systems IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Richa Info Systems IPO is Feb 16, 2022.

Ans. The Richa Info Systems IPO will be listed on Feb 21, 2022.

Ans. Follow the steps to check the allotment status for Richa Info Systems IPO here.