The initial public offering (IPO) of Rikhav Securities is scheduled to open on January 15, 2025, and end on January 17, 2025. An IPO is a book-built issue for Rikhav Securities. The business plans to raise about ₹88.82 crores through an initial public offering (IPO), which would include a new ₹71.62 crores and the sale of up to 20,00,000 equity shares with a face value of ₹ five apiece.
The pricing range for Rikhav Securities’ IPO is ₹82 to ₹86 per share. HNI is 15%, QIB is 50%, and the retail quota is 35%. On January 22, 2025, Rikhav Securities will go public on the BSE. The date of the Rikhav Securities’ first public offering is January 20, 2025.
Compared to ₹54.52 crore in 2023, the company’s 2024 revenue was ₹111.34 crore. Compared to its 2023 profit of ₹19.10 crores, the company’s 2024 profit was ₹42.65 crores. According to the financials, investors should apply for the IPO for a long time.
Rikhav Securities IPO Details:
- Date of IPO Opening: January 15, 2025
- Date of IPO Closure: January 17, 2025
- Issue Size: about 88.82 crores; Face Value: ₹5 per equity share; IPO Price Band: ₹82 to ₹86 per share
- New Problem: Around ₹71.62 Crores
- About 20,000,000,000 equity shares are up for sale.
- Problem Type: Book-Built Problem
- BSE SME Retail Quota for IPO Listing: No more than 35%
- QIB Quota: No more than fifty percent
- No more than 15% is the NII quota.
The minimum market lot for the Rikhav Securities IPO is 1600 shares, and the application fee is ₹1,37,600.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,600 | ₹1,37,600 |
| Retail Maximum | 1 | 1,600 | ₹1,37,600 |
| S-HNI Minimum | 2 | 3,200 | ₹2,75,200 |
Rikhav Securities IPO Dates:
January 15 is the IPO date for Rikhav Securities, while January 17 is the closing date. On January 20, the Rikhav Securities IPO allocation will be determined, and on January 22, the IPO will go live.
- Date of IPO Opening: January 15, 2025
- Date of IPO Closure: January 17, 2025
- Allotment Basis: January 20, 2025
- Payback date: January 21, 2025
- Demat Account Credit Date: January 21, 2025
- Date of IPO Listing: January 22, 2025
Financial Report:
Ms. Bharti Hitesh Lakhani, Ms. Vaishali R Shah, Mr. Deep Hitesh Lakhani, Mr. Monil Rajendra Shah, Mr. Hitesh Himatlal Lakhani, Mr. Rajendra N Shah, and M/S. Hitesh Himatlal Lakhani HUF is the company’s promoter. Compared to ₹54.52 crore in 2023, the company’s 2024 revenue was ₹111.34 crore. Compared to its 2023 profit of ₹19.10 crores, the company’s 2024 profit was ₹42.65 crores.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹42.98 | ₹20.86 | ₹17.62 | ₹180.71 |
| 2023 | ₹54.52 | ₹29.90 | ₹19.57 | ₹187.72 |
| 2024 | ₹111.34 | ₹58.98 | ₹42.65 | ₹302.07 |
| September 2024 | ₹96.16 | ₹33.24 | ₹50.37 | ₹337.91 |
Rikhav Securities IPO Valuation:
Examine the Rikhav Securities IPO values, including the Net Asset Value (NAV), Return on Net Worth (RoNW), Price/Earning P/E Ratio, and Earnings Per Share (EPS).
- ROE: 36.60 percent
- 29.48% ROSE
- EBITDA 46.32% margin
- PAT 40.94% margin
- The ratio of debt to equity: 0.35 Basic earnings per share (EPS): ₹14.23
- P/E Ratio of Price to Earnings: N/A Return on Net Worth (RoNW): 30.89%
- ₹46.08 is the net asset value (NAV).
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Alacrity Securities Limited | 5.43 | 29.09 | 25.42 | 21.37 | – Cr. |
| Angel One Limited | 134.21 | 20.57 | 37.04 | 361.70 | – Cr. |
| Share India Securities Limited | 25.41 | 11.99 | 24.37 | 91.23 | – Cr. |
| Pune E – Stock Broking Limited | 11.04 | 16.68 | 9.77 | 81.33 | – Cr. |
Goals of the Problem:
- financing our increased need for operational capital;
- financing our company’s capital expenditure needs for the acquisition of computers, laptops, and IT software for general business uses;
Rikhav Securities IPO:
- Canara Bank
- DRChoksey FinServ
- Emkay Global
- Hem Securitie
- IDBI Capital
- Marwadi Shares
- Nirmal Bang
- SBICAP Securities
- Sharekhan
- SMC Global
- Sushil Finance
- Swastika Investmart
- Ventura Securities
- Geojit
- Reliance Securities
- Capital Market
- BP Wealth
- ICICIdirect
- Choice Broking
Rikhav Securities IPO Registrar:
Phone: +91 91 810 811 4949 Email: [email protected] Website: https://www.linkintime.co.in/Initial_Offer/public-issues.html Link Intime India Private Limited
Company Address:
Asha Nagar Park Road, Mulund West, Mumbai 400 080; Rikhav Securities Limited B-Wing, Office Nos. 501 & 502, O2 Commercial Building; Phone: +91 022 – 69078300; Email: [email protected]; Website: www.rikhav.net
