Rikhav Securities IPO Details
| IPO Open Date: | January 15, 2025 |
| IPO Close Date: | January 17, 2025 |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹[.] Crores |
| Offer for Sale: | Approx 20,00,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Rikhav Securities IPO Market Lot
The Rikhav Securities IPO minimum market lot is [.] shares with ₹[.] application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 1 | – | ₹- |
| S-HNI Minimum | 2 | – | ₹- |
Rikhav Securities IPO Dates
The Rikhav Securities IPO date is January 15 and the close date is January 17. The Rikhav Securities IPO allotment will be finalized on January 20 and the IPO listing on January 22.
| IPO Open Date: | January 15, 2025 |
| IPO Close Date: | January 17, 2025 |
| Basis of Allotment: | January 20, 2025 |
| Refunds: | January 21, 2025 |
| Credit to Demat Account: | January 21, 2025 |
| IPO Listing Date: | January 22, 2025 |
Promoters of Rikhav Securities IPO
The promoters of the company are Mr. Hitesh Himatlal Lakhani, Mr. Rajendra N Shah, Ms. Bharti Hitesh Lakhani, Ms. Vaishali R Shah, Mr. Deep Hitesh Lakhani, Mr. Monil Rajendra Shah, and M/S. Hitesh Himatlal Lakhani HUF.
About Rikhav Securities IPO
To be updated soon
Rikhav Securities IPO Company Financial Report
The company reported revenue of ₹104.16 crores in 2024 against ₹49.47 crore in 2023. The company reported profit of ₹42.65 crores in 2024 against Profit of ₹19.57 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹42.98 | ₹20.86 | ₹17.62 | ₹180.71 |
| 2023 | ₹54.52 | ₹29.90 | ₹19.57 | ₹187.72 |
| 2024 | ₹111.34 | ₹58.98 | ₹42.65 | ₹302.07 |
| November 2024 | ₹96.16 | ₹33.24 | ₹50.37 | ₹337.91 |
Rikhav Securities IPO Valuation – FY2024
Check Rikhav Securities IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 36.60% |
| ROCE: | 29.48% |
| EBITDA Margin: | 46.32% |
| PAT Margin: | 40.94% |
| Debt to equity ratio: | 0.35 |
| Earning Per Share (EPS): | ₹14.23 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 30.89% |
| Net Asset Value (NAV): | ₹46.08 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Alacrity Securities Limited | 5.43 | 29.09 | 25.42 | 21.37 | – Cr. |
| Angel One Limited | 134.21 | 20.57 | 37.04 | 361.70 | – Cr. |
| Share India Securities Limited | 25.41 | 11.99 | 24.37 | 91.23 | – Cr. |
| Pune E – Stock Broking Limited | 11.04 | 16.68 | 9.77 | 81.33 | – Cr. |
Objects of the Issue
- Funding our incremental working capital requirements;
- Funding of capital expenditure requirements of our Company towards purchase of IT Software, Computers and Laptops:
- General corporate purposes;
Rikhav Securities IPO Review
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Rikhav Securities IPO Registrar
Link Intime India Private Limited
Phone: +91 91 810 811 4949
Email: [email protected]
Website: https://www.linkintime.co.in/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Smart Horizon Capital Advisors Private Limited
Company Address
Rikhav Securities Limited
B – Wing, Office No. 501 & 502, O2 Commercial Building,
Asha Nagar Park Road, Mulund West, Mumbai – 400 080
Phone: +91 022 – 69078300
E-mail: [email protected]
Website: www.rikhav.net
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Note: The Rikhav Securities IPO price band and date are officially announced. The (Rikhav Securities IPO grey market premium) will be added to the IPO GMP page as it will start).
