₹ 137600
₹82- ₹86
1600
₹163
90
17 Jan 2025
Download21 Jan 2025
22 Jan 2025
Application Details
Rikhav Securities Limited is set to launch its IPO from January 15, 2025, to January 17, 2025, with a price band of ₹82 to ₹86 per share and a face value of ₹5 per share. The lot size for this IPO is 1,600 shares. The total issue size comprises 1,03,28,000 shares, aggregating up to ₹88.82 crore, which includes a fresh issue of 83,28,000 shares (₹71.62 crore) and an Offer for Sale of 20,00,000 shares (₹17.20 crore). Key dates include the basis of allotment on January 20, 2025, initiation of refunds and credit of shares to demat accounts on January 21, 2025, and the listing date on January 22, 2025.
About Rikhav Securities Limited (SME IPO)
Incorporated in 1995, Rikhav Securities Limited is a financial services company in India providing brokerage, investment, and banking services. Registered with SEBI as a stockbroker, the company holds memberships with BSE Limited (BSE), the National Stock Exchange of India (NSE), and the Multi Commodity Exchange (MCX). Rikhav Securities offers a range of services, including equity broking, cash delivery, intra-day trading, and futures and options trading. It is active in various derivative and commodity segments and operates as a Self-Clearing Member of the Indian Clearing Corporation and NSE Clearing to ensure seamless trade settlements. The company facilitates client participation in IPOs, offers depository services for demat accounts, and acts as a mutual fund advisor, guiding clients through their investment options.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.