247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Richa Knits Limited IPO (Richa Knits IPO) Details

Richa Knits Limited is an Textiles based company, located in New Delhi, Richa Knits Limited IPO size was 22.50 Cr. and was issued at 30.00 per share. The share of Richa Knits Limited were listed at 30.25 per share and are currently trading at 1.68 per share.

Type :
Sub Sector : Knitted Fabrics And Readymade Garments
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
45.46 Cr.

PAT :
4.13 Cr.

Pricing Report

Issue Price :
30.00

Listing Price :
30.25

Current Market Price :
1.68

Issue Price vs CMP :
28.32 (94.40%)

listing Price vs CMP :
28.57 (94.45%)

Performance Report (CAGR* wise)

CAGR : -14.58
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Richa Knits

Company Information
Richa Knits Limited is presently engaged in knitting, dyeing and processing of knitted fabrics and manufacture of readymade garments. The company provides end-to-end solution to buyers for their apparel procurement needs from yarn to fabric and in garment, from design to delivery. They are one of the multi-divisional textile unit and has the facilities for knitting of fabric, dyeing and processing of knitted fabrics and manufacture of garments The company has a qualified team of designers who designs and develops the products as per customer
Object of Issue
  • To set up a new unit for processing & dyeing with a capacity of 0 Tons pa, at village Tapukara, Alwar, Rajasthan
  • To set up a new unit for Knitting with a capacity of 0 Tons paat the existing location in Gurgaon, Haryana
  • To enhance existing capacity for Garmenting by lac pieces pa at existing Unit located at the new location in Gurgaon, Haryana
  • To augment long-term working capital requirements of the company
  • To meet the Issue expenses
  • To get the Equity Shares of their Company listed on BSE

Richa Knits MainBoard IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Oct, 2006
IPO Size :
22.50 Cr.
PE Multiple :
5.89
IPO Registrar:
Link Intime India Private Limited

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FAQs

Richa Knits operates in Textiles and Knitted Fabrics And Readymade Garments. The Issue is listed on MainBoard in Oct, 2006. Richa Knits IPO size was 22.50 Cr. with Issue price of 30.00 .

Merchant Banker(s) of Richa Knits IPO: Kjmc Corporate Advisors (India) Limited

Richa Knits IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Richa Knits IPO listed at a listing price of 30.25 against the offer price of 30.00.

The current market price of Richa Knits is 1.68.

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