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Rikhav Securities Limited IPO Date, Price, Review and Details

 

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Rikhav Securities Limited IPO

January 15, 2025 - January 17, 2025 Closed

Rikhav Securities Limited IPO

Rikhav Securities engaged in their four companies had also participated in the Market Making project by supporting recently listed companies with their banks and with banks. By making it easier to buy and sell these securities after the initial public offering (IPOs), they increase liquidity and market performance. They are registered as a Market Maker with BSE Limited (BSE) in 2012 and the National Stock Exchange (NSE) in 2016, accumulating more than a decade of experience in the industry. As of the date of this red herring letter, they have processed market-making orders for 66 SME-listed companies, their Company is also engaged in proprietary investments in marketable securities. They invest in securities and derivatives, capital-intensive investments. Most investment strategies involve making arbitrage profits based on research and economic logic.

Company Promoters:

·       Mr. Hitesh Himatlal Lakhani

·       Mr. Rajendra N Shah

·       Ms. Bharti Hitesh Lakhani

·       Ms. Vaishali R Shah

·       Mr. Deep Hitesh Lakhani

·       Mr. Monil Rajendra Shah

·      M/S. Hitesh Himatlal Lakhani Huf

Objects of this Issue:

·       Funding them increased working capital.

·       Funding their corporate capital expenditure towards the purchase of IT Software, Computers and Laptops.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2024

As on 30 March 2023

As on 31 Mar 2022

Total Assets

30,206.82

18,772.01

18,070.69

Total Liabilities

16,399.08

9,275.8

10,484.75

Net Profit

4,264.63

1,910.27

1,762.47

 

Rikhav Securities Limited IPO Schedule

1.     Bid or Offer Opens on: 15 January 2025
2.     Bid or Offer Closes on: 17 January 2025
3.     Finalization of BoA: 20 January 2025
4.     Initiation of Refunds: 21 January 2025
5.     Credit of shares to Demat account: 21 January 2025
6.     Listing Date: 22 January 2025

Rikhav Securities Limited IPO Lot Size

The market lot size of Rikhav Securities Limited IPO is 3,200 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1600

₹1,37,600

Maximum

1

  1600

₹1,37,600

S-HNI(Minimum)

2

  3,200

₹2,75,200

 

Company Contact Details:

Office No. 922 - A, 9th Floor, P. J. Towers, Dalal Street,

Fort, Mumbai - 400 001, Maharashtra, India.

Phone: 022 - 69078300

Email: investor@rikhav.in

Website: https://www.rikhav.net/

  

Rikhav Securities Limited IPO Registrar Details:

Link Intime India Private Limited

C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg,

Vikhroli (West) Mumbai, Maharashtra – 400083, India

Telephone: +91 8108114949

Email: rikhav.smeipo@linkintime.co.in

Website:  www.linkintime.co.in


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