Rikhav Securities Ltd
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Rikhav Securities Ltd IPO Timeline
Rikhav Securities Limited was originally incorporated under the name 'Brijmohan Sagarmal Finance Limited' vide Certificate dated March 21, 1995, issued by the Additional, Registrar of Companies, Maharashtra. Subsequently, the Company name was changed to 'Rikhav Securities Limited' and a Fresh Certificate of Incorporation pursuant to change of name dated February 13, 2006, was issued by Registrar of Companies, Maharashtra, Mumbai.
| Event | Date |
|---|---|
| Rikhav Securities Ltd IPO Opening Date | 15 January 2025 |
| Rikhav Securities Ltd IPO Closing Date | 17 January 2025 |
| Basis of Allotment | 20 January 2025 |
| Initiation of Refunds | 21 January 2025 |
| Credit of Shares to Demat | 21 January 2025 |
| Rikhav Securities Ltd IPO Listing Date | 22 January 2025 |
Rikhav Securities Ltd IPO Details
| Rikhav Securities Ltd IPO Date | - |
| Rikhav Securities Ltd IPO Face Value | - |
| Rikhav Securities Ltd IPO Price | - |
| Rikhav Securities Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | Not more than 19,55,200 of the Net Offer |
| Retail Shares Offered | Not less than 34,48,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 14,80,000 of the Net Offer |
| Company Promoters | Hitesh Himatlal Lakhani, Rajendran N Shah, Bharti Hitech Lakhani |
Rikhav Securities Ltd IPO Lot Size
The Rikhav Securities Ltd IPO lot size is Invalid Number shares. A retail-individual investor can apply for up to NaN lots (NaN shares or ₹NaN).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- Risks
- Opportunities
- An integrated financial services platform.
- Risk management system.
- Long term relationship with the clients.
- Experienced management team with proven execution capabilities.
Company Financials
Rikhav Securities Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 293.56 | 110.45 | 42.37 |
| 03-2023 | 185.93 | 53.57 | 20.19 |
| 03-2022 | 171.11 | 42.72 | 17.39 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding its incremental working capital requirements
- Funding of capital exp requirements of the company towards purchase of IT software computers and laptops
- General corporate purposes
Rikhav Securities Ltd IPO Promoter Holding
| Pre Issue Share Holding | 7.64% |
| Post Issue Share Holding | 5.98% |
Rikhav Securities Ltd IPO Subscription Status (Bidding Detail)
The Rikhav Securities Ltd IPO is subscribed 204.6572 times on NaN Invalid undefined 05:00:00 PM. The public issue subscribed 251.3587 times in the retail category, 170.9206 times in the QIB category, and 616.7773 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 170.9206 | 616.7773 | 251.3587 | - | 204.6572 |
Rikhav Securities Ltd IPO Prospectus
Rikhav Securities Ltd IPO Listing Date
| BSE Script | 544340 |
| NSE Symbol | - |
| Listing In | - |
| ISIN | INE0CFH01028 |
| IPO Price | ₹86 |
| Face Value | ₹5 |
Company Contact Information
Office #.922-A 9th FloorP.J.Tower Dalal Street Fort,Mumbai-400001
Phone: +91 022 6907 8300
Email: investor@rikhav.in
Website: https://www.rikhav.net/
Rikhav Securities Ltd IPO Registrar
Rikhav Securities Ltd IPO Lead Manager(s)
- Smart Horizon Capital Advisorrs Pvt Ltd
FAQ
What is the issue size of Rikhav Securities Ltd IPO?
I have pre-applied for Rikhav Securities Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.