The Rithwik Facility IPO date has been confirmed from December 29, 2017 and ended on January 3, 2018. Read the post to learn about the Rithwik Facility IPO GMP
Using an IPO, Rithwik Facility is seeking to raise Rs 4.05 crores. Its price is ₹50 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹150,000.
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Key Details Of Rithwik Facility IPO
Bidding Dates
Dec 29-Jan 3
Price Range
₹50 per share
Face Value
INR 10 per share
GMP
₹114.36
Rithwik Facility IPO GMP
The Rithwik Facility Limited IPO GMP Today is ₹114.36.
Rithwik Facility IPO Overview
Rithwik Facility IPO is a Rs 4.05 crore fixed-price offering. Bidding began on December 29, 2017, and finished on January 3, 2018. On January 11, 2018, the shares were listed on the BSE SME. The IPO price for Rithwik Facility is 50 per share. An application requires a lot size of 3000 shares. Retail investors must make a minimum investment of $150,000 to participate.
Rithwik Facility Management has over 88 employees. Its products/services include:
- Property Management / Facilities Management
- Real Estate and other Asset Management and Maintenance
- Billing and Collection Services
Rithwik Facility IPO Details
| IPO Date | December 29, 2017 to January 3, 2018 |
| Listing Date | January 11, 2018 |
| Face Value | ₹10 per share |
| Price | ₹50 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 810,000 shares (aggregating up to ₹4.05 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Rithwik Facility IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹150,000 |
| Retail (Max) | 1 | 3000 | ₹150,000 |
Rithwik Facility IPO Listing Details
| Listing Date | January 11, 2018 |
| BSE Script Code | 540843 |
| NSE Symbol | |
| ISIN | INE819Y01015 |
| Final Issue Price | ₹50 per share |
Company Profile
Rithwik Facility Management Services Limited, founded in 2010, is a Chennai, Tamil Nadu-based firm that specialises in integrated facilities and property management, as well as equipment and asset management. In particular, the services include monitoring the building’s security, common area housekeeping, water supply system management, operation of all building equipment and AMC of amenities such as lifts, generators, chillers, AHUs and air conditioners. The company is also in the billing management sector, which includes raising
maintenance and energy invoices and coordinating collections. This division accounts for the majority of the company’s revenue. This is a significant amount of business for the corporation.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Rithwik Facility Management Services Ltd |
| Phone number | +91 44 4353 4441 |
| Email ID | [email protected] |
| Website | rithwik.co.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Rithwik Facility IPO FAQs
When Rithwik Facility IPO will open?
The Rithwik Facility IPO opens on December 29, 2017 and closes on January 3, 2018.
What is the lot size of Rithwik Facility IPO?
Rithwik Facility IPO lot size is 3000 Shares, and the minimum amount required is ₹150,000.
When is Rithwik Facility IPO listing date?
The Rithwik Facility IPO listing date is on January 11, 2018.
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