Rikhav Securities Limited IPO

Minimum Investment

Minimum Investment (Retail)Lots (min)Shares (QTY)
₹1,37,60011600

About Rikhav Securities Limited

Incorporated in 1995, Rikhav Securities Limited is a financial services company in India that offers brokerage, investing, and banking services.

The company is registered with SEBI as a stockbroker and holds memberships with BSE Limited (BSE), the National Stock Exchange of India (NSE), and the Multi Commodity Exchange (MCX).

The company’s services include equity broking, cash delivery, intra-day trading, futures, and options. Gold, KK Jewels – Atarashi, and KK Jewels – Silver Studio, along with 3 offices and 1 exhibition center.

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The company trades in various derivative and commodity segments. As a Self-Clearing Member of the Indian Clearing Corporation and NSE Clearing, the company ensure smooth trade settlements. Rikhav Securities helps clients participate in IPOs and provides depository services for demat accounts.

As mutual fund advisors, the company guides clients through their investment options.

The company also undertakes market-making activities.

Competitive Strength

  • Long term relationship with the clients
  • An integrated financial services platform
  • Experienced management team with proven execution capabilities

As of September 30, 2024, the company has about 394 employees managing daily operations and administrative, legal, and accounting functions.

Rikhav Securities Limited IPO Details

IPO DateJanuary 15, 2025 to January 17, 2025
Face Value₹5 per share
Price Band₹82 to ₹86 per share
Lot Size1,600 Shares
Total Issue Size1,03,28,000 shares
(aggregating up to ₹88.82 Cr)
Fresh Issue83,28,000 shares
(aggregating up to ₹ 71.62 Cr)
Offer for Sale20,00,000 shares of ₹5
(aggregating up to ₹17.20 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share Holding Pre Issue2,99,64,000 shares
Share Holding Post Issue3,82,92,000 shares
IPO Open DateWednesday, January 15, 2025
IPO Close DateFriday, January 17, 2025
Basis of AllotmentMonday, January 20, 2025
Initiation of RefundsTuesday, January 21, 2025
Credit of Shares to DematTuesday, January 21, 2025
Listing DateWednesday, January 22, 2025
Cut-off time for UPI mandate confirmation5 PM on January 17, 2025

Rikhav Securities Limited IPO Prospectus

Rikhav Securities Limited Financial Snapshot (in Lakhs)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets33,791.4930,206.8218,772.0118,070.69
Revenue9,615.8311,134.265,452.434,298.31
Profit After Tax5,037.324,264.631,910.271,762.47
Net Worth18,845.0613,807.749,496.217,585.94
Reserves and Surplus17,346.8612,309.547,998.017,086.54
Total Borrowing2,598.064,806.11994.271,506.12

Rikhav Securities Limited Promoters Holding

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

Rikhav Securities Limited Contact Details

Rikhav Securities Limited
Office No. 922 – A
9th Floor, P. J. Towers, Dalal Street,
Fort, Mumbai – 400001
Phone: 022 – 69078300
Email: investor@rikhav.in
Website: https://www.rikhav.net/

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