Rikhav Securities IPO, Review, IPO Performance by IPOPlatform India

About Rikhav Securities

Company Information

Rikhav Securities is actively involved in trading across various derivative and commodity segments. Additionally, as a Self Clearing Member of both the Indian Clearing Corporation Limited (ICCL) and NSE Clearing Limited (NCL), they ensure the smooth settlement of trades. They also assist clients in participating in Initial Public Offerings (IPOs) and provide depository services, including the opening and maintenance of demat accounts. As a mutual fund advisor and distributor, thry guide clients through mutual fund investments, ensuring they navigate their options effectively. Rikhav Securities also engaged in the business of Market Making by way of supporting companies that have recently listed their securities on stock exchanges. By facilitating the buying and selling of these securities post-initial public offerings (IPOs), we enhance liquidity and market efficiency. Rikhav Securities was registered as a Market Maker with the BSE Limited (BSE) in 2012 and with the National Stock Exchange (NSE) in 2016, accumulating over a decade of experience in this field. As on the date of this Draft Red Herring Prospectus, we have executed market-making mandates for 66 companies listed on SME platforms. Company's market-making activities involve providing two-way quotes during trading hours to ensure liquidity in the SME segment. Company's revenue model includes fixed fees from corporates, which consist of one-time and annual fees, as well as additional earnings from spreads and other trading activities in secondary market transactions. Company's commitment in market making continues to contribute to the dynamic and efficient functioning of the securities market. Rikhav Securitiesis also engaged in making proprietary investments in various tradable securities. Rikhav Securities invest in both securities and derivatives, currency with sufficient liquidity. The investment strategies are mostly to earn arbitrage gain done based on analysis and investment rationale.

Object of Issue

Funding our incremental working capital requirements
Funding of capital expenditure requirements of the company towards purchase of IT Software, Computers and Laptops
General corporate purposes

Rikhav Securities SME IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Jan, 2025

IPO Size :

88.82 Cr.

Market Cap :

329.31 Cr.

IPO Subscription :

307.00 X

PE Multiple :

3.27

Merchant Banker :
Smart Horizon Capital Advisors Private Limited

IPO Registrar:
Link Intime India Private Limited

FAQs

1. What is Rikhav Securities IPO?

Rikhav Securities operates in Banking And Finance and Financial Services Company In India That Offers Brokerage, Investing, And Banking Services.. The Issue is listed on BSE SME in Jan, 2025. Rikhav Securities IPO size was 88.82 Cr. with Issue price of 86.00 .

2. Who is the merchant banker of Rikhav Securities IPO?

Merchant Banker(s) of Rikhav Securities IPO: Smart Horizon Capital Advisors Private Limited

3. How many times Rikhav Securities IPO was subscribed?

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.

4. What is the listing price of Rikhav Securities IPO?

Rikhav Securities IPO listed at a listing price of 163.40 against the offer price of 86.00.

5. What is the current market price of Rikhav Securities IPO?

The current market price of Rikhav Securities is 163.02.

IPO Advisory

In-depth, experienced and seamless execution throughout the IPO Process.

IPO Readiness

IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.

Fund Raising

Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.

SME Business Upscaling

Provide support to build a scalable SME business by unleashing the SME potential.

Post IPO Mentoring

Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Rikhav Securities Limited IPO (Rikhav Securities IPO) Details

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

Pricing Report

Performance Report (CAGR* wise)

About Rikhav Securities

Company Information

Object of Issue

Rikhav Securities SME IPO Details (at the time of IPO)

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