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Rikhav Securities Ltd.

Finance - Stock Broking

IPO Details
  • Issue Type Book building
  • Price range Rs.82-86
  • Market Lot 1600
  • Total Equity Shares 7408000
  • Face Value Rs. 5
  • Listing Date Jan 22, 2025
IPO Timeline
Opening date Jan 15, 2025
Closing date Jan 17, 2025
Listing Date Jan 22, 2025

IPO Details

Our company “Rikhav Securities Limited” (RSL), established in the year 1995, is engaged the business of equity broking,investing, and trading activities. We are registered with SEBI as a stock broker and hold memberships with BSE Limited(BSE), the National Stock Exchange of India (NSE), and the Multi Commodity Exchange (MCX). Our services encompassa comprehensive range of financial activities such as, equity broking, we offer cash delivery, intra-day trading, futures, andoptions. We are actively involved in trading across various derivative and commodity segments. Additionally, as a Self-Clearing Member of both the Indian Clearing Corporation Limited (ICCL) and NSE Clearing Limited (NCL), we ensurethe smooth settlement of trades. We also assist clients in participating in Initial Public Offerings (IPOs) and providedepository services, including the opening and maintenance of demat accounts. As a mutual fund advisor and distributor,we guide clients through mutual fund investments, ensuring they navigate their options effectively.

Projects

1. Project Name: Funding our incremental working capital requirements

Project Cost: 460

2. Project Name: Funding of capital expenditure requirements of our Company towards

Project Cost: 41.281

3. Project Name: General corporate purposes

Project Cost: 127.619

Promoters

Prmoters Name

1. Hitesh Himatlal Lakhani

2. Rajendra N Shah

3. Bharti Hitesh Lakhani

4. Vaishali R Shah

5. Deep Hitesh Lakhani

6. Monil Rajendra Shah

7. Hites H Himatlal Lakhani Huf

Prmoters Holdings
  • Pre Share Capital: 27131360
  • Pre Promoter Holding: 90.55
  • Offer to Public: 7408000
  • Post Share Capital: 25131360
  • Post Promoter Holding: 65.63

Registrar

Data not availble

Lead Managers

  • Smart Horizon Capital Advisors Pvt Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3210
Total Equity 7408000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 1955200
No of Shares Bid For Qualified Institutional Buyers 334184000
Total No of Shares Bid For Qualified Institutional Buyers 170.92
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 103104000
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 231080000
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 2004800
No of Shares Bid For Non-Institutional Buyers 912856000
Total No of Shares Bid For Non-Institutional Buyers 455.34
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 51875200
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 847140800
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 13840000
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 3448000
No of Shares Bid For Retail Individual Investor 866676800
Total No of Shares Bid For Retail Individual Investor 251.36
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 575363200
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 291313600
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 7408000
No of Shares Bid For All 2113716800
Total 285.33