Supreme Facility Management subscription started on Wednesday, December 11, 2024, and will close on December 13, 2024, as per the schedule. The price band is set at ₹72 to ₹76 per share with a face value of ₹10.
Supreme Facility Management IPO Subscription Status
Supreme Facility Management IPO Subscribed over 4.16x on its second day till 5.00 PM on 12th December.
- Supreme Facility Management IPO subscription QIB investors portion is 1.06 times, while NII subscribed 1.34 times and RII investors subscribed 7.67 times.
- The company has received bids for 2,60,16,000 shares against 62,49,600 shares on offer on the second day of subscription.
- Supreme Facility Management IPO Subscribed over 4.16x on its second day
- Supreme Facility Management IPO Subscribed over 1.75x on its first day.
About Supreme Facility Management Company
Supreme Facility Management, established in 2005, is one of the leading companies to offer Integrated Facility Management services and other Support Services to individuals. In integrated management services their profile consists of 3 facility management services Soft and hard services, and staff services like housekeeping and cleaning services, disinfecting and sanitizing, pest control, horticulture, and facade cleaning. While for support services they provide ET Services Segment, production support service, and corporate food service segment. The above-given services provided by the supreme facility management company are B2B services, which means the company prefers to offer its services to other businesses rather than to clients. The services offered by them are structured in a way that businesses have to buy a subscription or contract for the long term this way they can generate revenue continuously. With their innovative planning and loyalty, they have seen strong growth over the years. Currently, Supreme Facility Management Limited has employed a total of 10,935. The company’s revenue saw a growth of 7.91%, while its profit after tax (PAT) surged by 33.8%.
Supreme Facility Management Financial Report
The company reported revenue of ₹356.95 crores in 2024 against ₹330.78 crore in 2023. The company reported Profit of ₹7.42 crores in 2024 against Profit of ₹5.54 crores in 2023.
Supreme Facility Management IPO GMP:
Supreme Facility Management IPO GMP was ₹25 as of Thursday, December 12th. That indicates the IPO is trading at ₹101 with ₹25 premium in the grey market against the issue price of ₹76.
