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Rikhav Securities Ltd

Rikhav Securities Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹86
₹86
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹86
Based on GMP
Min. Investment
₹137,600
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
15 Jan 2025
Close Date
17 Jan 2025
Allotment
20 Jan 2025
Listing Date
22 Jan 2025
Exchange
BSE SME
Price Band
₹86
Listing Price
See chart
Allotment Status
Price Band
₹86
Per share
Face Value
₹5 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
1,03,28,000 shares (aggregating up to ₹88.82 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹137,600
1 lot
Pre-IPO Holding
2,99,64,000 shares
Promoters
Post-IPO Holding
3,82,92,000 shares
Promoters
P/E (Pre)
6.04x
 
P/E (Post)
3.27x
 
EPS (Pre)
₹14.23
 
EPS (Post)
₹26.31
 
UPI Deadline
2025-01-17
Mandate
Anchor AllotmentTue, 14 Jan 2025
Basis of AllotmentMon, 20 Jan 2025
Refund InitiationTue, 21 Jan 2025
Demat CreditTue, 21 Jan 2025
Listing DayWed, 22 Jan 2025
UPI Mandate Deadline2025-01-17
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public98,03,200 shares (aggregating up to ₹84.31 Cr)
Market Maker Quota5,24,800 shares (aggregating up to ₹4.51 Cr)
Fresh Issue Shares78,03,200 shares (aggregating up to ₹67.11 Cr)
Offer for Sale20,00,000 shares of ₹5 (aggregating up to ₹17.20 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Rikhav Securities Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 17 Jan 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
524,800
₹4.51
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
10,328,000
100% ₹88.82
IPO Shares Offered
Rikhav Securities Ltd IPO total issue size: ₹88.82 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 524,800 ₹4.51
5.08%
Total 10,328,000 ₹88.82
100.00%
* Based on upper price band ₹86 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹86.00
Upper Band
Min Investment
₹137,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹275,200
Retail (Max — 13 Lots)1320,800₹1,788,800
S-HNI (Min — 14 Lots)1422,400₹1,926,400
B-HNI (Min — 68 Lots)68108,800₹9,356,800
* Issue Price ₹86 × Lot Size 1,600 shares
IPO Schedule
Anchor
14 Jan 2025
✓ Done
IPO Open
15 Jan 2025
✓ Done
IPO Close
17 Jan 2025
✓ Done
Allotment
20 Jan 2025
✓ Done
Refunds
21 Jan 2025
✓ Done
Demat Credit
21 Jan 2025
✓ Done
Listing Day
22 Jan 2025
✓ Done
Rikhav Securities Ltd — Live Price LIVE
₹86.00
INR · BSE
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Issue ₹86.00 Live Price
About Rikhav Securities Ltd
Incorporated in 1995, 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.The company also undertakes market-making activities.Competitive StrengthLong term relationship with the clientsAn integrated financial services platformExperienced management team with proven execution capabilitiesAs of September 30, 2024, the company has about 394 employees managing daily operations and administrative, legal, and accounting functions. 
Objects of the Issue
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
Rikhav Securities Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹5,452.4
31 Mar 2023
₹11,134.3
31 Mar 2024
₹9,615.8
30 Sep 2024
Profit After Tax (PAT)
₹1,910.3
31 Mar 2023
₹4,264.6
31 Mar 2024
₹5,037.3
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 9615.83 11134.26 5452.43
EBITDA N/A N/A N/A
Profit After Tax (PAT) 5037.32 4264.63 1910.27
Net Worth 18845.06 13807.74 9496.21
Total Assets 33791.49 30206.82 18772.01
Reserves & Surplus 17346.86 12309.54 7998.01
Borrowings 2598.06 4806.11 994.27
EBITDA Margin (%) N/A
PAT Margin (%) 40.94%
P/BV Ratio
1.87
RoE
36.60%
RoCE
29.48%
RoNW
30.89%
PAT Margin
40.94%
Debt/Equity
0.35
Issue Structure & Shareholding
Total Shares Offered1,03,28,000 (100.00%)
Net Offer to Public98,03,200 shares (aggregating up to ₹84.31 Cr)
Reserved for Market Maker5,24,800 shares (aggregating up to ₹4.51 Cr)
Pre-Issue Promoter Holding2,99,64,000 shares
Post-Issue Promoter Holding3,82,92,000 shares
P/BV Ratio1.87
RoE36.60%
RoCE29.48%
Debt / Equity0.35
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Lead Manager
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Rikhav Securities Ltd IPO subscribed?

Rikhav Securities Ltd IPO is subscribed 1.00 times by Jan 17, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Rikhav Securities Ltd IPO retail subscription status?

The Rikhav Securities Ltd IPO retail category is subscribed 1.00 times as of 17 Jan 2025. The retail portion is oversubscribed.

How to subscribe Rikhav Securities Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 15 Jan 2025 and closes 17 Jan 2025. Min investment: ₹137,600 (1 lot = 1,600 shares). UPI mandate: 2025-01-17.

How many times Rikhav Securities Ltd IPO subscribed?

The Rikhav Securities Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Rikhav Securities Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 20 Jan 2025. Refunds: on 21 Jan 2025.

When Rikhav Securities Ltd IPO will be listed?

The Rikhav Securities Ltd IPO listing date is 22 Jan 2025, Wednesday. Listed on: BSE SME. Issue price: ₹86. Estimated listing: ₹86. GMP: NIL.

When Rikhav Securities Ltd IPO close?

The Rikhav Securities Ltd IPO closes on 17 Jan 2025, Friday. UPI mandate: 2025-01-17. Allotment: 20 Jan 2025. Listing: 22 Jan 2025.