1. Home
  2. IPO
  3. Title

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 -

Rithwik Facility Management Services Ltd IPO Red Herring Prospectus

Rithwik Facility Management Services Ltd IPO User Rating

Votes
0

Rithwik Facility Management Services Ltd IPO Life IPO Reviews

View All Review

Rithwik Facility Management Services Ltd IPO IPO News & Updates

View All IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.

Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.

Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker
View All FAQ

Latest IPO

  • Find out which all IPOs are going to hit the Stock Exchanges and probably providing an opportunity for investors to make money Read More>>

  • Investing in an IPO has always been a point of discussion amongst investors and with the recent increase in the number of companies going public, the discussion is catching more attention. While this article attempts to answer the question, let us start b Read More>>

  • Once you have invested in an IPO the next thing to concern yourself about is to have an exit strategy in order to maximize your gains. In order to have an efficient exit strategy, there are certain factors to take note on. This article will try to explain Read More>>

IPO Events Calendar

Go
Sun
Mon
Tues
Wed
Thu
Fri
Sat

IPO Updates on Facebook

Get the latest IPO updates on your Facebook feeds.
Click here to Join Us on Facebook.

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us