Rithwik Facility Management Services Ltd IPO

Add to Calendar 2017-12-29 12:00 AM 2018-01-03 12:00 AM Asia/Kolkata Rithwik Facility Management Services Ltd IPO Rithwik Facility Management Services Ltd IPO India

Rithwik Facility Management Services Limited is Chennai based company engaged in the business of integrated facilities & property management and equipment & assets management. It is also engaged in the business of billing management including raising of maintenance and energy invoices and managing collections of its clients

Date of establishment: Rithwik Facility Management Services Limited was incorporated in 2010

Product & Service Offering: Its products / services include:

 

1. Property Management / Facilities Management
2. Real Estate and other Asset Management and Maintenance
3. Billing and Collection Services

Promoters of Rithwik Facility Management Services ltd: Rithwik Rajshekar Raman and Niranjan Vyakarna Rao are the promoters of Rithwik Facility Management Services Limited.

Customer segment: It provides services to corporate customers and developers in Chennai and Coimbatore

 

Objects of the Issue: The objects of the Offer is to:-
-     To Finance additional Working capital requirements

Company Financials:

Rithwik Facility Management's consolidated financial performance (in INR lakh)

 

FY2013

FY2014

FY2015

FY2016

FY2017

Q1 FY2018

Total Assets

794.78

749.16

899.80

1055.21

780.03

1101.51

Total revenue

677.2

1,350.9

2,161.1

2,390.3

2,149.3

551.7

Total expenses

689.0

1,286.1

2,067.2

2,312.3

2,019.8

538.2

Profit after tax

-20.1

39.9

45.2

33.8

64.0

6.1

Issue Detail

  • Issue Open: Dec 29, 2017
  • Issue Close: Jan 03, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 50 Per Equity Share
  • Bid Lot:3000 Shares
  • Minimum Order Quantity:3000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 4.05 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 405,000 405,000 - - 810,000
Day 1 - Dec 29, 2017IST - - - - - -
Day 2 - Jan 01, 2018IST 0 468,000 993,000 - - 1,461,000
Day 3 - Jan 02, 2018IST 0 579,000 2,319,000 - - 2,898,000
Day 4 - Jan 03, 2018IST 72,000 20,031,000 14,223,000 - - 34,326,000

Listing Day Trading Information

- BSE NSE
Issue Price Rs 50.00 -
Open Rs 60.00 -
Low Rs 43.50 -
High Rs 60.00 -
Last Trade Rs 45.45 -
Volume 453,000 -

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