Rikhav Securities Limited IPO
BSE SME Allotment AwaitedOffer Date: Jan 15, 2025 - Jan 17, 2025
Exp. Premium: 80-85 (93.02%)
₹ 137600 /1600 Shares
Check Allotment*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Rikhav Securities IPO Live Subscription Details
15 Jan, 2025
Open Date17 Jan, 2025
Close Date20 Jan, 2025
Allotment Date21 Jan, 2025
Listing DateIssue Price
₹82-86 per equity shareFace Value
₹5 Per Equity ShareListing at Group
BSE SMERegistrar
Link Intime India Private LtdMarket Lot
1600 Shares (₹137,600/-)Lead Manager
Smart Horizon Capital Advisors Private LimitedIssue Size
1,03,28,000 shares(aggregating up to ₹88.82 Cr)Retail Portion
35%Subscription
285.33 timesRikhav Securities IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 19,55,200 / 14,80,000 | 34,48,000 | 68,83,200 |
| Day 1 - 15-01-25 06:00 PM | 0.00 / 7.57 x | 13.66 x | 8.47 x |
| Day 2 - 16-01-25 06:00 PM | 0.87 / 28.42 x | 59.41 x | 36.12 x |
| Day 3 - 17-01-25 06:00 PM | 170.92 / 616.42 x | 251.36 x | 307.00 x |
Rikhav Securities Valuations
EPS Pre IPO
₹14.23/-EPS Post IPO
₹26.31/-P/E Pre IPO
6.04P/E Post IPO
3.27RoNW
30.89%Rikhav Securities Company Financials All values are in ₹ Lakh
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 33,791.49 | 30,206.82 | 18,772.01 | 18,070.69 |
| Revenue | 9,615.83 | 11,134.26 | 5,452.43 | 4,298.31 |
| Profit After Tax | 5,037.32 | 4,264.63 | 1,910.27 | 1,762.47 |
About The Company
Rikhav Securities Limited is a financial services company in India that offers brokerage, investing, and banking services.
The company is registered with SEBI as a stockbroker and holds memberships with BSE Limited (BSE), the National Stock Exchange of India (NSE), and the Multi Commodity Exchange (MCX).
The company's services include equity broking, cash delivery, intra-day trading, futures, and options.
The company trades in various derivative and commodity segments. As a Self-Clearing Member of the Indian Clearing Corporation and NSE Clearing, the company ensure smooth trade settlements. Rikhav Securities helps clients participate in IPOs and provides depository services for demat accounts.
As mutual fund advisors, the company guides clients through their investment options.
Rikhav Securities - Promoter(s)
Pre Issue Share Holding: 90.55%
Post Issue Share Holding: 65.63%
- 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
Rikhav Securities IPO - Issue Objectives
- Funding the incremental working capital requirements
- Funding of capital expenditure requirements of the company towards the purchase of IT Software, Computers and Laptops
- General corporate purposes
Rikhav Securities IPO - FAQs
Ans. Rikhav Securities Limited IPO is a SME IPO. The issue is priced at ₹82-86 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jan 15, 2025, and closes on Jan 17, 2025. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Rikhav Securities Limited IPO opens on Jan 15, 2025 and closes on Jan 17, 2025.
Ans. The size of Rikhav Securities Limited IPO is 1,03,28,000 shares(aggregating up to ₹88.82 Cr).
Ans. The IPO price band is set between ₹82-86 per equity share.
Ans. To apply for Rikhav Securities Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Rikhav Securities Limited 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 Rikhav Securities Limited IPO is Jan 20, 2025.
Ans. The Rikhav Securities Limited IPO will be listed on Jan 21, 2025.
Ans. Follow the steps to check the allotment status for Rikhav Securities Limited IPO here.
