1. IPO
Rikhav Securities IPO

294.71x

subscribed

Rikhav Securities IPO

Finance - Stock Broking
listed
₹1.31LMin. investment
  1. Pre-apply
    14 Jan
  2. Bid start
    15 Jan
  3. Bid end
    17 Jan
  4. Allotment
    20 Jan
  5. Release of funds
    21 Jan
  6. Demat transfer
    21 Jan
  7. Listing
    22 Jan

Rikhav Securities Limited IPO Details

SectorFinance - Stock Broking
Price range₹82.00 – ₹86.00
IPO type
SME
Lot size1600 shares
Issue size₹88Cr
Red Herring Prospectus
Read
Market Cap
₹329.31CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹104.16CrLower than sector avg
Growth rate3Y CAGR
43.16%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹104.16Cr
This sector
₹271.75Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
43.16%
This sector
-0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹42.64Cr
This sector
₹62.39Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹329.31Cr
This sector
₹2,820.73Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
6.04
This sector
39.90
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.35
This sector
6.15
Compare with companies

Objectives

Working capital requirements
64.22%
Capital expenditure
5.75%
General corporate purposes
Not assigned

About Rikhav Securities Limited

Rikhav Securities Limited, established in 2012, is a key player in India's financial sector, specializing in market making, broking, and proprietary investments. It provides liquidity and supports SME market efficiency. The firm offers broking services through a digital platform and a network of Authorized Persons, catering to institutional, HNI, and retail clients. Embracing digital transformation, Rikhav launched a mobile app and electronic KYC. Led by experienced founders, the company focuses on client-centric services and advanced technology to stay competitive.

Rikhav Securities IPO Subscription Status

Date
QIB
NII
Retail
Total
15-Jan-25
0.0 times (X)
7.47 times (X)
13.66 times (X)
8.45 times (X)
16-Jan-25
0.87X
27.46X
59.41X
35.91X
17-Jan-25
170.76X
572.19X
245.9X
294.71X

Latest News on Rikhav Securities IPO

news logo
Rikhav Securities will launch its Rs 89-crore initial share sale for public subscription on January 15. The issue will close on January 17, while the anchor book of the IPO will be opened for institutional investors for a day on January 14. The IPO consists of fresh issue of 83.28 lakh shares worth Rs 71.62 crore, and OFS of 20 lakh shares worth Rs 17.2 crore by public shareholders.
news logo
Rikhav Securities aims to raise ₹88.82 crore from investors through its maiden share sale. The company has fixed the price band at ₹82 to ₹86 per share for the IPO. The minimum lot size is 1,600 shares for the retail investors, amounting to an investment of at least ₹1,37,600.

3 min read

news logo
The book-building issue of the financial services company consists of a fresh issuance of 83.28 lakh shares and an offer-for-sale (OFS) component of 20 shares. The price band for the Rikhav Securities IPO has been fixed at ₹82 to ₹86 per share. Rikhav Securities shares are scheduled to be listed on the BSE SME platform on January 22.

3 min read

news logo
Rikhav Securities IPO was worth ₹88.82 core. Shares of Rikhav Securities Ltd are scheduled to be listed on the BSE SME platform on January 22. The IPO price band was fixed at ₹82 to ₹86 per share.

4 min read

news logo
As the minimum bid quantity to apply for the Rikhav Securities IPO was 1,600 shares, successful bidders who were allotted shares in the primary issue would have been sitting on listing gains of a whopping ₹1.24 lakh per lot (₹77.4 x 1,600) as soon as the stock started trading in the secondary markets.

3 min read

Frequently asked questions

How to invest in the Rikhav Securities IPO ?

Investors can apply for the Rikhav Securities IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Rikhav Securities IPO ?

The issue size of the Rikhav Securities IPO is 88 Cr.

What is 'pre-apply' for Rikhav Securities IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Rikhav Securities IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.