Rikhav Securities Limited

Company Profile
Company Name Rikhav Securities Limited
Open Date 15-01-2025
Close Date 17-01-2025
Exchange BSE SME
Lot Size 1,600 Shares
Issue Price ₹82 to ₹86 per share
Issue Size 1,03,28,000 shares
Application Amount ₹1,37,600
Recommendation Apply
Rikhav Securities Limited was originally incorporated as “Brijmohan Sagarmal Finance Limited” on March 21, 1995. The registered office is located at Mumbai, Maharashtra, India. The company is engaged in the business of equity broking, investing, and trading activities. The company derives majority of its Revenue from Trading Income. The company has 394 employees as on Sep 30, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24 Sep-24
Revenue 3,549.91 4,946.76 10,416.17 9,285.81
EBITDA 1,832.45 2,337.52 4,824.87 6,271.77
Net Profit 1,762.46 1,910.27 4,264.62 5,037.31
RoCE 23.66% 24.00% 34.33% 40.17%*
ROE 23.23% 20.12% 30.89% 32.45%*
P/E 14.63 13.48 6.04 3.27*

Tentative Timeline

Opening Date 15-01-2025
Closing Date 17-01-2025
Basis of Allotment 20-01-2025
Initiation of Refunds 21-01-2025
Credit of Shares to Demat 21-01-2025
Listing Date 22-01-2025

Objects of the Issue

Funding capital expenditure towards the purchase of additional plant and machinery.
Funding of capital expenditure requirements of the company towards the purchase of IT Software, Computers and Laptops.
General Corporate Purposes

Contact Information

Registered Office Rikhav Securities Limited - Office No. 922 - A 9th Floor, P. J. Towers, Dalal Street, Fort, Mumbai - 400001
Phone 022 - 69078300
Email investor@rikhav.in
Website https://www.rikhav.net/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email rikhav.smeipo@linkintime.co.in
Website https://maashitla.com/allotment-status/public-issues

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
NII (HNI) Shares Offered Not more than 15% of the Net Isssue
Retail Shares Offered Not less than 35% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 76.78%
Shareholding Post Issue (Promoters) 60.08%

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