Rikhav Securities IPO GMP Live, Open Date, Close Date, Price Band

Rikhav Securities IPO open date is from January 15, 2025 to January 17, 2025. This new IPO is a book-built issue worth up to Rs 88.82 crores of equity shares. This upcoming IPO is offering a combination of fresh issues of up to 83.82 lakh equity shares and offers for sale of up to Rs 20 lakh equity shares. 

Rikhav Securities SME IPO price band is Rs 82 – Rs 86 per share. As of now, Rikhav Securities IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

Rikhav Securities SME IPO lot size is 1600 shares, and the allotment status is finalised on Monday, January 20, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,37,600. The registrar for Rikhav Securities IPO is Link Intime India Private Limited. The listing date is Wednesday, January 22, 2025.

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Rikhav Securities IPO GMP Live

Rikhav Securities IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 86 per share. You can check the latest IPO Grey Market Premium today online.

Rikhav Securities IPO Price Band

Rikhav Securities IPO price band is Rs 82 – Rs 86 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,37,600 (86 x 1600 shares). However, for the HNI category, the minimum investment amount required is 2,75,200 (86 x 3200 shares).

Rikhav Securities Allotment Status

Rikhav Securities IPO Allotment status will be available on its registrar Link Intime India Private Limited website on Monday, January 20, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Rikhav Securities Listing Date

Rikhav Securities IPO listing date has been decided on Wednesday, January 22, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Rikhav Securities IPO: Listing Date, Lot Size, Issue Size, Price Band

Rikhav Securities IPO: About the Company

Rikhav Securities Limited, established on March 21, 1995, is a financial services company Mumbai, Maharashtra based. The company initially incorporated as Brijmohan Sagarmal Finance Ltd, it rebranded in 2006.

Rikhav Securities specialises in providing comprehensive brokerage and investment advisory services, focusing on High Net Worth Individuals (HNI) and retail clients.

With an authorised capital of INR 22 crores and a paid-up capital of INR 14.98 crores, Rikhav Securities has shown significant growth.

Rikhav Securities IPO Objectives

Rikhav Securities's IPO objectives include utilising the funding received from the fresh issue for various objectives, including funding the incremental working capital requirements and capital expenditure requirements of the company towards the purchase of IT software, computers and laptops. Further to meet general corporate purposes.

Rikhav Securities IPO: Key Dates, Allotment, Listing Date

Rikhav Securities IPO Subscription status, IPO Reservation

Rikhav Securities IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.

Rikhav Securities IPO Lot Size Details

Rikhav Securities IPO lot size is set at 1600 shares per lot. The minimum funds required for retail investors to participate in this IPO is Rs 1,37,600 (86 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,75,200 (86 x 3200 shares).

Rikhav Securities IPO Promoter Holdings

Rikhav Securities IPO promoters are Mr. Jaiwant Bery and Mrs. Nomita Bery. The promoter's combined shareholdings before the IPO were 90.55%; however, post-IPO, their shareholdings will decline to 65.63%.

Rikhav Securities Limited Financials (Amt in Lakhs) 

Lead Manager and Registrar of Rikhav Securities IPO

Rikhav Securities, IPO lead manager is Smart Horizon Capital Advisors Private Limited. The company has appointed Link Intime India Private Limited as the registrar for this public issue.

How to apply to the Rikhav Securities IPO

Interested investors who want to apply to the Rikhav Securities IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

Rikhav Securities IPO FAQs

1. What are the core details available of the Rikhav Securities IPO?

Rikhav Securities IPO is a book-built issue worth up to Rs 88.82 crores. The price band for this IPO is Rs 82 – Rs 86 per share. This upcoming IPO is a combination of a fresh issue of up to 83.28 lakh equity shares and 20 lakh equity shares.

2. What is the Rikhav Securities IPO open date and close date?

Rikhav Securities IPO subscription opens on Wednesday, January 15, 2025, and closes on Friday, January 17, 2025.

3. What is Rikhav Securities IPO GMP Live?

Rikhav Securities IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 86 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Rikhav Securities IPO Allotment status is available on its registrar, Link Intime India Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers for Rikhav Securities IPO?

Rikhav Securities's IPO lead manager is Smart Horizon Capital Advisors Private Limited. The company has appointed Link Intime India Private Limited as the registrar for this public issue.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?