Rikhav Securities Ltd. IPO

Min Investment
₹ 1,37,600 / 1600 shares
Price Range
₹82 - ₹ 86
Bidding Dates
15 Jan '25 - 17 Jan '25
Total Issue Value
88.82 Cr
Lot Size
1,600
Total Issue Size
88.82 Cr
Listing At
BSE SME
Subscription
261.56 times
BSE Price
56.80 (-33.95%)

IPO Timeline

  • 15 Jan 2025
    Bidding Starts
  • 17 Jan 2025
    Bidding Ends
  • 20 Jan 2025
    Allotment Finalization
  • 22 Jan 2025
    Listing

About Rikhav Securities Ltd.

Our company “Rikhav Securities Limited” (RSL), established in the year 1995, is engaged the business of equity broking, investing, and trading activities. Our services encompass a comprehensive range of financial activities such as, equity broking, we offer cash delivery, intra-day ... Read more

Parent organisation
Founded
Rikhav Securities Ltd.
1995

Rikhav Securities Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 29,20,000 (28.27%)
Market Makers 5,24,800 (5.08%)
Non Institutional Investors 14,80,000 (14.33%)
Qualified Institutional Buyers (QIBs) 19,55,200 (18.93%)
Retail Individual Investors (RIIs) 34,48,000 (33.38%)

Rikhav Securities Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 327.87 Cr 23.93 Cr 207.39 Cr
31 Mar 2024 110.45 Cr 42.37 Cr 123.33 Cr
31 Mar 2023 53.57 Cr 20.19 Cr 80.95 Cr

Rikhav Securities Ltd. Background

Major Events And Milestones
  • 2006
    Name of the Company changed to Rikhav Securities Limited
  • 2007
    Registered as Trading Member in Capital Market of BSE
    Registered as Trading Member in Capital Market of NSE
    Registered as Trading Member in F&O Trading of NSE
    Registered as Depository Participant in CDSL
    First Demat Account opened
    Received Certificate of Registration as Participant from SEBI
  • 2008
    Registered as Trading Member in MCX
    Registered as Trading Member in Currency Derivative Segment in MCX
    Our Company crossed the 5,000 mark in opening of Demat Accounts
  • 2010
    Our Company crossed the 10,000 mark in opening of Demat Accounts
  • 2011
    Registered as Trading Member in F&O segment in BSE
    Registered as Trading Member in Cash Market in BSE
    Registered as Currency Trading Member in NSE
    Registered as Trading Member in Currency Derivative Segment in NSE
  • 2012
    Registered as Market Maker in SME segment of NSE and BSE
    Received Permanent Registration Certificate as a Depository Participant of CDSL
  • 2013
    Received Certificate of Registration as F&O Trading Member in MCX
    Received Certificate of Registration as Cash Member in MCX
    Received Certificate of Registration as Self Clearing Member in MCX
  • 2016
    Active participation in the first weekly Option Contacts on the NIFTY Bank Index
    Our Company crossed the 15,000 mark in opening of Demat Accounts
  • 2019
    Our Company crossed the 20,000 mark in opening of Demat Accounts
  • 2024
    Mobile Application Launched
Rikhav Securities Ltd. Object of Issues

1. Funding working capital requirements of our company
2. Funding of capital expenditure requirements of our company towards purchase of IT Software, Computers & Laptops
3. General corporate purposes

Rikhav Securities Ltd. IPO Listing Details
Listing Date
22 Jan 2025
BSE Script Code
RIKHAVSEC
ISIN
INE0CFH01028
Final Issue Price
₹ 86
Rikhav Securities Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 86.00 -
Open ₹ 163.40 -
Low ₹ 163.40 -
High ₹ 171.57 -
Last Trade ₹ 171.55 -
Rikhav Securities Ltd. Company Promoters

1. Mr. Hitesh Himatlal Lakhani
2. Mr. Rajendra N Shah
3. Ms. Bharti Hitesh Lakhani
4. Ms. Vaishali R Shah
5. Mr. Deep Hitesh Lakhani
6. Mr. Monil Rajendra Shah
7. M/s. Hitesh Himatlal Lakhani HUF

Industry Overview

India has a diversified financial sector undergoing rapid expansion both in terms of strong growth of existing financial services firms and new entities entering the market. The sector comprises commercial banks, insurance companies, nonbanking financial companies, co-operatives, pension funds, ... Read more

Rikhav Securities Ltd. Contact Details
Address: Office No.922-A, 9th Floor, P.J.Tower, Dalal Street, Mumbai Maharashtra - 400001
Phone no:69078304
69078304
|
Rikhav Securities Ltd. IPO Registrar
Link Intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083
8108114949
Rikhav Securities Ltd. IPO Lead Manager(s)
Smart Horizon Capital Advisors Pvt. Ltd.
B/908, Western Edge II, Kanakia Space, Behind Metro Mall, Off Western Express Highway, Magathane, Borivali East, Mumbai Maharashtra - 400066
28706822

FAQs

When does Rikhav Securities Ltd. IPO opens and closes?

Rikhav Securities Ltd. IPO opens from 15th January to 17th January 2025.

What is the size of Rikhav Securities Ltd. IPO?

The size of the Rikhav Securities Ltd. IPO is ₹88.82 Cr.

What is the price range of Rikhav Securities Ltd. IPO?

The price range of Rikhav Securities Ltd. IPO is at ₹82 to ₹86 per share.

What is the minimum investment and lot size required for the Rikhav Securities Ltd. IPO?

The minimum investment required is ₹1,37,600 and minimum lot size is 1600 shares.

When is Rikhav Securities Ltd. IPO listing date?

The Rikhav Securities Ltd. IPO will be listed on 22nd January 2025.

What is the objective of Rikhav Securities Ltd. IPO?

1. Funding working capital requirements of our company
2. Funding of capital expenditure requirements of our company towards purchase of IT Software, Computers & Laptops
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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