Rikhav Securities IPO open date is January 15, 2025, and the IPO will close on January 17, 2025. Rikhav Securities IPO is a Book Built Issue, aiming to raise around ₹88.82 crores, comprising a fresh issue of ₹71.62 crores and an offer for sale of up to 20,00,000 equity shares with a face value of ₹5 each. The price band for the IPO is ₹82 to ₹86 per share, with a retail quota of 35%, QIB at 50%, and HNI at 15%. It will be listed on BSE on January 22, 2025, and the allotment date is January 20, 2025. The company reported a revenue of ₹111.34 crores in 2024, up from ₹54.52 crores in 2023. Profit increased to ₹42.65 crores in 2024, compared to ₹19.10 crores in 2023. As per the financials, the IPO investors should consider applying for the IPO for a long term.
Rikhav Securities IPO Details
Field
Value
ipo title
Rikhav Securities BSE SME
status
Listed
gain percentage
90%
subscription
N/A
price
86
gmp
96
est listing
182 (111.63%)
ipo size
₹ 88.82 Cr
Rikhav Securities IPO Dates
Field
Value
lot
1,600
open
15-Jan
close
17-Jan
boa dt
20-Jan
listing
22-Jan
Rikhav Securities IPO Financial Report
The company reported revenue of ₹111.34 crores in 2024, a significant increase from ₹54.52 crores in 2023. Profit for 2024 stood at ₹42.65 crores, compared to ₹19.10 crores in 2023, marking a notable growth.
Financial Year
2022
2023
September 2024
Revenue
₹42.98
₹54.52
₹96.16
Expense
₹20.86
₹29.90
₹33.24
Profit
₹17.62
₹19.57
₹50.37
Total Assets
₹180.71
₹187.72
₹337.91
About Rikhav Securities IPO
Rikhav Securities, founded in 1995, is well-known for offering financial services like equity broking, investing, and trading. It is registered with SEBI as a stockbroker and is a member of BSE, NSE, and MCX. The company’s services include equity broking, cash delivery, intra-day trading, and futures and options trading. Rikhav Securities caters to both regular and high-net-worth clients, offering services in derivatives and commodities. Additionally, the firm has assisted 66 companies in getting listed on SME platforms with market-making. Broking and financial services are provided online and through digital platforms. As of 2024, Rikhav Securities has approximately 394 employees on its payroll. Financially, the company reported a revenue of ₹104.16 crores in 2024, reflecting growth compared to the previous years.
Asha Nagar Park Road, Mulund West, Mumbai – 400 080,
Phone: +91 022 – 69078300,
E-mail: investor@rikhav.in,
Website: www.rikhav.net
Rikhav Securities IPO FAQs
What is Rikhav Securities IPO?
Rikhav Securities IPO is a SME IPO where the company plans to raise ₹88.82 Crores. The issue is priced at ₹82 to ₹86 per equity share and is to be listed on BSE.
When will Rikhav Securities IPO open for subscription?
The IPO will open for subscription on January 15, 2025, and will close on January 17, 2025.
What is the investors’ portion for Rikhav Securities IPO?
The portion for QIB investors is 50%, for NII is 15%, and for Retail is 35%.
How to apply for the Rikhav Securities IPO?
You can apply for the IPO via ASBA online through your bank account or via UPI through your stock brokers. You can also apply offline through your stock brokers by filling up the physical form.
What is the Rikhav Securities IPO issue size?
The issue size for Rikhav Securities IPO is ₹88.82 crores.
What is the Rikhav Securities IPO price band?
The price band for the IPO is ₹82 to ₹86 per equity share.
What is the Rikhav Securities IPO lot size?
The minimum lot size is 1600 shares, amounting to ₹1,37,600.
What is the Rikhav Securities IPO allotment date?
The allotment date for Rikhav Securities IPO is January 20, 2025.
What is the Rikhav Securities IPO listing date?
The IPO will list on January 22, 2025, on BSE.
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