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Rikhav Securities IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Banking And Finance sector. Smart Horizon Capital Advisors Private is the merchant banker of Rikhav Securities IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2024.
Rikhav Securities IPO open date is 15th January 2025 and close date is 17th January 2025. IPO Allotment Date is 20th January 2025 and Listing date is 22nd January 2025.Rikhav Securities IPO size is Rs 88.82 Cr. crores with IPO price of Rs 88.82 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Smart Horizon Capital Advisors Private Limited is the book-running lead manager of the Rikhav Securities IPO. Link Intime India Private Limited is the Registrar and Market Maker is 88.82 Cr. for Rikhav Securities IPO.
Rikhav Securities IPO anchor investors are the below investors. The number of anchor investors in this IPO is 15.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| India Equity Fund | 116,800.00 | ₹86.00 | ₹10,044,800.00 |
| Abundantia Capital VCC | 348,800.00 | ₹86.00 | ₹29,996,800.00 |
| TGISME Fund | 116,800.00 | ₹86.00 | ₹10,044,800.00 |
| Vikasa India EIF | 289,600.00 | ₹86.00 | ₹24,905,600.00 |
| Nova Global Opportunities | 232,000.00 | ₹86.00 | ₹19,952,000.00 |
| Pine OAK Global | 174,400.00 | ₹86.00 | ₹14,998,400.00 |
| Saint Capital Fund | 174,400.00 | ₹86.00 | ₹14,998,400.00 |
| Leading Light Fund | 232,000.00 | ₹86.00 | ₹19,952,000.00 |
| Rajasthan Global Securities | 116,800.00 | ₹86.00 | ₹10,044,800.00 |
| Necta Bloom VCC- | 116,800.00 | ₹86.00 | ₹10,044,800.00 |
| Zeal Global Opportunites | 174,400.00 | ₹86.00 | ₹14,998,400.00 |
| Vbcube Ventures Fund | 187,200.00 | ₹86.00 | ₹16,099,200.00 |
| Smart Horizon Opportunity | 116,800.00 | ₹86.00 | ₹10,044,800.00 |
| StepTrade Revolution Fund | 116,800.00 | ₹86.00 | ₹10,044,800.00 |
| Primary Opportunity Equity | 232,000.00 | ₹86.00 | ₹19,952,000.00 |
Rikhav Securities IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rikhav Securities IPO, based in Mumbai, operates in the Banking And Finance sector with a focus on financial services company in India that offers brokerage, investing, and banking services.. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Rikhav Securities IPO size is ₹ 88.82 Cr. Crores with fresh issue size of Rs 88.82 Cr. Crores and Offer for sale being 88.82..
The IPO allotment date for Rikhav Securities IPO is expected to be 20th January 2025, after the finalization of basis of allotment. Investors can check Rikhav Securities IPO allotment status on the registrars website, Link Intime India Private Limited. Rikhav Securities IPO refund dates are 21st January 2025.
Rikhav Securities IPO is expected to be listed on 22nd January 2025.
The upper price band for the Rikhav Securities IPO is set at ₹ 86.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Rikhav Securities IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Rikhav Securities IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th January 2025. After submission, funds are blocked until the basis of allotment of Rikhav Securities IPO is finalised.
The merchant banker for Rikhav Securities IPO is Smart Horizon Capital Advisors Private Limited . Smart Horizon Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rikhav Securities IPO RHP for further details.
The registrar for Rikhav Securities IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Rikhav Securities IPO through their official website or helpline.
Rikhav Securities IPO was subscribed 307.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 88.82 Cr.
Avg IPO Size (Sector Based)
:
₹ 27.77 Cr.
Sector: Banking And Finance
SME IPO so far:
43
Merchant Banker:
Smart Horizon
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 185.72 cr.
PE
Ratio:
3.27x
Average Sector PE Ratio: 17.91x
Rikhav Securities IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rikhav Securities Financial Review Page
Merchant Banker(s) of Rikhav Securities IPO: Smart Horizon Capital Advisors Private Limited
Rikhav Securities IPO subscription was 307.00 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.
Rikhav Securities IPO listed at a listing price of 163.40 against the offer price of 86.00.
The current market price of Rikhav Securities is 70.70.
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