IPO

Richa Info Systems IPO

NSE SME

Listed On: Feb 21, 2022 at ₹ 125.00

₹ 250000 /2000 Shares
*Min Investment

09 Feb, 2022

Open Date

11 Feb, 2022

Close Date

16 Feb, 2022

Allotment Date

21 Feb, 2022

Listing Date
IPO Issue Details
  • Issue Price ₹125 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr)

    #Fresh Issue: 800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr)
  • Listing at NSE SME
  • List Price 125.00
  • Listing Date 2022-02-21
  • Lead Manager Swastika Investmart Ltd
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Documents
IPO Details


Richa Info Systems IPO is an SME IPO, priced at ₹125 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.

The IPO bidding window is open from Feb 9, 2022 to Feb 11, 2022. The allotment is expected to be finalized on Feb 16, 2022, and the tentative listing date is Feb 21, 2022.


The registrar of the IPO is Link Intime India Private Ltd, and

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IPO Subscription Analysis And Details
Retail
6.94x
Total
5.05x
As onQIB / NIIRetailTotal
Shares Offered / Reserved380,000380,00076500,000
Day 1 09-02-22 05:30 PM
1.40 x2.53 x1.96 x
Day 2 10-02-22 05:30 PM
2.16 x3.97 x3.06 x
Day 3 11-02-22 05:30 PM
3.16 x6.94 x5.05 x
Valuations
Earnings Per Share (EPS) ₹2.97/-
P/E Ratio 42.07
RoNW 51.62%
Net Asset Value (NAV) - Post Issue ₹49.4/-
Company Financials
In Crs.
In Cr.
30-Nov-2131-Mar-2131-Mar-20
Assets17.218.834.06
Revenue13.9620.1117.56
Profit After Tax0.480.720.33
About Company

Richa Info Systems is engaged in the business of assembling innovative products and systems. The company acts as an integrator of multifaceted solutions of leading quality products like Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk, and CCTV Cameras. The total ratio of the company's outsourcing and in-house assembling is 20:80.

The company imports raw material from China, after which it assembles the semi-finished products and installs the requisite software as per the client's requirement. The company operates manually in assembling of products and service industry and don't have any plant & machinery of its own.

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- Promoter(s)

Mr. Tushar Dineshchandra Shah

Mrs. Hemaben Tushar Shah

Pre Issue Share Holding : 100%

Post Issue Share Holding : 67.08%

IPO - Issue Objectives
1

To meet incremental working capital requirements

2

General corporate purpose

3

To meet public issue expenses