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Rikhav Securities Ltd
Registered Office:
Office #.922-A 9th Floor,P.J.Tower Dalal Street Fort, Mumbai - 400001, Maharashtra, India.
Initial public offer of upto 1,03,28,000 equity shares of face value of Rs. 5/- each (the equity shares) of Rikhav Securities Limited (the company or rikhav or the offeror) at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores comprising of fresh offer of up to 83,28,000 equity shares aggregating to Rs. [*] crores (fresh offer) and an offer for sale of up to 20,00,000 equity shares by ashapura trading, giriraj trading, nirmalaben fatechand sanghavi, daksha sharad maniyar, jayesh mulchand maniyar, mukesh jayantilal sanghavi, virali girish maniyar, yash jayesh maniyar, naity sharad maniyar, sharad mulchand maniyar, bharti mukesh sanghavi, bhaven vinod pandya, ketanbhai arvindray shah, kishore paramdas vora, nisarg pradip shah, nita chandrakant lakhani and aneri mahesh lakhani (selling shareholders) aggregating to Rs. [*] crores (offer for sale) (public offer). The offer includes a reservation of up to [*] equity shares of face value of Rs. 5/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (the market maker reservation portion). The public offer less market maker reservation portion i.e. net offer of up to [*] equity shares of face value of Rs. 5/- each, at an offer price of Rs.[*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the net offer. The public offer and net offer will constitute [*] % and [*] % respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 82 to Rs. 86 per equity share of face value of Rs. 5 each. The Floor Price is 16.40 times of the face value and tha cap price is 17.20 times of the face value of the equity shares. Bid can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.
Issue
Opens On Closes On
15-Jan-25 17-Jan-25
Money Payable On
Application Allotment
82.00 0.00
Minimum Application for shares in Nos : 1600  Further Multiples of : 1600
()(Cr.) Lead Managers to the Issue
Project Cost () 0.00 Smart Horizon Capital Advisorrs Pvt Ltd
Project Financed through Current Offer () 84.69  
Post Issue Equity Share Capital () 19.15  
Issue Price () 82.00  
Projects
Funding its incremental working capital requirements
Funding of capital exp requirements of the company towards purchase of IT software computers and laptops
General corporate purposes
Promoted By
Hitesh Himatlal Lakhani
Rajendran N Shah
Bharti Hitech Lakhani
Listing At
BSE - SME
Registrar to the Issue