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

Riddhi Corporate Services Limited IPO (Riddhi Corporate Services IPO) Details

Riddhi Corporate Services Limited is an Telecom based company, located in Ahmedabad, Riddhi Corporate Services Limited IPO size was 12.35 Cr. and was issued at 130.00 per share. The share of Riddhi Corporate Services Limited were listed at 134.50 per share and are currently trading at 75.77 per share.

Type :
Sub Sector : Business Activities By Rendering Services To Telecommunication Service Providers
SME IPO
BSE SME

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

Revenue :
60.03 Cr.

PAT :
2.56 Cr.

Pricing Report

Issue Price :
130.00

Listing Price :
134.50

Current Market Price :
75.77

Issue Price vs CMP :
54.23 (41.72%)

listing Price vs CMP :
58.73 (43.67%)

Performance Report (CAGR* wise)

CAGR : -6.87
-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 Riddhi Corporate Services

Company Information
Riddhi Corporate Services commenced its business activities by rendering services to Telecommunication service providers. They provide services of Data Management, Collection and Handling of Customer Application Form (CAF), Audit of CAF, order entry of CAF, CAF Barcoding, Inward, Storage and Retrieval of Data, Temporary Indexing, Data Entry, Scanning, uploading and Sample image Audit at Spoke Level. In addition, they are rendering services of Collection of Dues, Retention, Bill Delivery management Services along with over dues amount from subscriber by way Tele calling, Field visit, Address the Customer's Issue and retain the Customer, Escalation Management while collecting Overdue Amount. During the FY 2012-13, the Company has also started rendering services to Banking sector. They do Address Verification (AV) and Credit Verification (CV) - Verification of Residence
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Object of Issue
  • Acquisitions and Other Strategic Initiatives
  • Capital expenditure
  • General Corporate Purpose and
  • Meeting Public Issue Expenses

Riddhi Corporate Services SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jun, 2017
IPO Size :
12.35 Cr.
PE Multiple :
16.00
IPO Registrar:
Purva Sharegistry India Private Limited
Anchor Investors:

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FAQs

Riddhi Corporate Services operates in Telecom and Business Activities By Rendering Services To Telecommunication Service Providers. The Issue is listed on BSE SME in Jun, 2017. Riddhi Corporate Services IPO size was 12.35 Cr. with Issue price of 130.00 .

Riddhi Corporate Services 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.

Riddhi Corporate Services IPO listed at a listing price of 134.50 against the offer price of 130.00.

The current market price of Riddhi Corporate Services is 75.77.

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