Supreme Facility Management IPO subscribed overall 27.01 times on the last day, a retail quota was subscribed over 42.05 times, QIB was subscribed over 8.24 times, and NII was subscribed over 15.07 times respectively.
Details About Supreme Facility Management IPO
Supreme Facility Management got approval from SEBI for an IPO of₹50.00 crores to raise funds and maintain financial stability. This IPO was entirely a fresh issue of ₹50.00 crores with a face value of ₹10 each. Moreover, the company has set up a price band between ₹72 to ₹76 per share. In this IPO total of 1,600 shares were available in 1 lot size for the minimum Retail category and maximum as well. While S- HNI total of 3,200 shares in 2 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹121,600.
- SHNI (S-HNI): Minimum investment of ₹243,200.
Supreme Facility Management IPO’s Subscription duration
This IPO’s subscription started on December 11, 2024, and closed on December 13, 2024. The supreme facility management IPO’s allotment date was December 16, 2024, and they received a refund on December 17, 2024.
Funds Deployment of This IPO
- Funding their working capital requirements
- Pursuing inorganic initiatives
- General corporate purposes
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 Company’s Financial Background
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.
