IPO

Rithwik Facility Management Services Ltd IPO

BSE SME

Offer Date: Dec 29, 2017 - Jan 3, 2018

₹ 300000 /6000 Shares
*Min Investment

29 Dec, 2017

Open Date

03 Jan, 2018

Close Date

09 Jan, 2018

Allotment Date

11 Jan, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 50 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 8,10,000 Equity Shares of Rs 10/- each at a price of 50/- per share aggregating to 4.05 Cr
  • Listing at BSE SME
  • Lead Manager Inventure Merchant Banker Services Pvt Ltd
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Rithwik Facility Management Services Ltd IPO is an SME IPO, priced at Rs 50 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Dec 29, 2017 to Jan 3, 2018. The allotment is expected to be finalized on Jan 9, 2018, and the tentative listing date is Jan 11, 2018.


The registrar of the IPO is Bigshare Services Pvt. Ltd , and

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IPO Subscription Analysis And Details
As onQIB / NIIRetailTotal
Shares Offered / Reserved3,84,0003,84,0007,68,000
Day 1 29-12-17
1,32,000 0.34 x1,44,000 0.38 x2,76,000 0.36 x
Day 2 01-01-18
4,68,000 1.22 x9,93,000 2.59 x14,61,000 1.90 x
Day 3 02-01-18
5,79,000 1.51 x23,19,000 6.04 x28,98,000 3.77 x
Day 4 03-01-18
2,01,03,000 52.35 x1,42,23,000 37.04 x3,43,26,000 44.70 x
Day 5 04-01-18
N/A xN/A xN/A x
Valuations
Earnings Per Share (EPS) Rs 2.09
P/E Ratio 23.9
RoNW 30.27%
Net Asset Value (NAV) Rs 35.05
IPO - Issue Objectives
1

To Meet Working Capital Requirement

2

To Meet the Issue Expenses