Rikhav Securities Limited IPO opens for subscription starting on January 15, 2025. The issue is a book-built offer with a total issue size of ₹88.82 crores, consisting of 83.28 lakh fresh shares worth ₹71.62 crores and an offer for the sale of 20 lakh shares worth ₹17.20 crores. The IPO will close on January 17, 2025, and the allotment of shares is expected to be finalised by January 20, 2025. The shares will be listed on the BSE SME platform on January 22, 2025.
The price band for the IPO is set between ₹82 and ₹86 per share, and the minimum lot size for the application is 1,600 shares.
Quick steps to apply for Rikhav Securities Limited IPO!
Rikhav Securities BSE IPO Timeline
Here’s a quick look at the Rikhav Securities Limited IPO details:
| Key Detail | Information |
| IPO Opening Date | January 15, 2025 |
| IPO Closing Date | January 17, 2025 |
| Allotment Date | January 20, 2025 |
| Listing Date | January 22, 2025 |
| Face Value | ₹5 per share |
| Price Band | ₹82 to ₹86 per share |
| Lot Size | 1,600 Shares |
| Registrar | Link Intime India Private Ltd |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
About Rikhav Securities Limited
Rikhav Securities Limited is a financial services company in India, founded in 1995. It offers services like brokerage, investing, and banking.
The company is registered with SEBI as a stockbroker and has memberships with BSE (Bombay Stock Exchange), NSE (National Stock Exchange), and MCX (Multi Commodity Exchange).
Their services include equity broking, cash delivery, intra-day trading, and trading in futures and options. Rikhav Securities also trades in derivatives and commodities. As a Self-Clearing Member of the Indian Clearing Corporation and NSE Clearing, it ensures smooth trade settlements.
Rikhav Securities IPO Key Details
- Rikhav Securities Limited IPO Launch Date: January 15, 2025
- Rikhav Securities Limited IPO Closing Date: January 17, 2025
- Rikhav Securities Limited IPO Price Band: ₹82 to ₹86 per share
- Rikhav Securities Limited IPO Lot Size: 1,600 Shares
- Issue Size: ₹88.82 Crores
- Fresh Issue: ₹71.62 Crores (83.28 lakh shares)
- Rikhav Securities Limited Offer for Sale: ₹17.20 Crores (20 lakh shares)
- Rikhav Securities Limited IPO Segment: Book Built Issue IPO
- Rikhav Securities Limited IPO Listing at: BSE SME
- Rikhav Securities SME IPO GMP: ₹70, last updated Jan 15th 2025 08:23 AM
Rikhav Securities IPO Financial Overview
Rikhav Securities Limited has shown steady growth in assets, revenue, and profit over the past few years. The company’s financial position is improving with increasing net worth and reserves.
(Amount in ₹ Lakhs)
| Year | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 33,791.49 | 30,206.82 | 18,772.01 | 18,070.69 |
| Revenue | 9,615.83 | 11,134.26 | 5,452.43 | 4,298.31 |
| Profit After Tax | 5,037.32 | 4,264.63 | 1,910.27 | 1,762.47 |
| Net Worth | 18,845.06 | 13,807.74 | 9,496.21 | 7,585.94 |
| Reserves and Surplus | 17,346.86 | 12,309.54 | 7,998.01 | 7,086.54 |
| Total Borrowing | 2,598.06 | 4,806.11 | 994.27 | 1,506.12 |
FAQs – Rikhav Securities Limited IPO
Rikhav Securities is a financial services company offering equity broking, trading, and investing services. It is registered with SEBI and has memberships with BSE, NSE, and MCX.
The IPO opens on January 15, 2025, and closes on January 17, 2025.
The Rikhav Securities IPO minimum lot size is 1,600 shares.
The Rikhav Securities IPO allotment is expected to be finalized by January 20, 2025.
The Rikhav Securities IPO will be listed on BSE SME on January 22, 2025.
The Rikhav Securities IPO price is between ₹82 and ₹86 per share.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.