Share the post "IPO Launch: Rikhav Securities’s Initial public offering on 15-01-2025!"
An Initial Public Offering (IPO) is the launch of a company’s shares on the public market, making it accessible to individual and institutional investors. This process transforms a private entity into a publicly traded company, allowing it to raise capital for various initiatives, such as expansion or innovation. The IPO journey involves careful planning, regulatory compliance, and strategic marketing to ensure successful entry into the stock market. Rikhav Securities IPO of Initial public offering type offers an equity issue (inclusive of premium) with a face value of ₹ 5.00. The issue is live from 15 Jan 2025 to 17 Jan 2025 , with a market lot of 1600 shares. This call notice includes , covering ₹5.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | RIKHAV SECURITIES LIMITED |
|---|---|
| Offer Price () | 82.00 – 86.00 |
| Face Value | 5.00 |
| Type Of Issue | IPO |
| Issue Status | Live |
| Security Type | Equity |
| Symbol | RIKHAV |
| Issue Period | 15 Jan 2025 to 17 Jan 2025 |
| Issue Size | 7408000 |
| Price Band | 82.00-86.00 |
| Tick Size | 1.00 |
| Market Lot | 1600 |
| Minimum Bid Quantity | 1600 |
| Maximum Bid Quantity For Qualified Institutional Investors | 6883200 |
| Maximum Bid Quantity For Non-Institutional Investors | 4928000 |
| Book Running Lead Manager | SMART HORIZON CAPITAL ADVISORS PRIVATE LIMITED |
| Registrar | LINK INTIME INDIA PRIVATE LIMITED |
| Sponsor Bank | Axis Bank Limited |
| Exchange Notices | 1) Public Issue of RIKHAV SECURITIES LIMITED- Allocation to Anchor Investors |
Rikhav Securities IPO opens on 15-01-2025, and closes on 17-01-2025
| Start Date | 15-01-2025 |
|---|---|
| End Date | 17-01-2025 |
| Issue Period | 15 Jan 2025 to 17 Jan 2025 |
Here are more informative data links:
- Price-Band Advertisement
- Prospectus & GID
- Blank ASBA Form
- Online ASBA Form
- Revised Online ASBA Form
- Registrars To An Issue And Share Transfer Agents/Depository Participants
- Branches Of SCSBs Where Syndicate / Sub Syndicate Member To Submit ASBA Form
- List Of SCSBs For Syndicate ASBA And Under ASBA Facility
- Self Certified Syndicate Banks Eligible As Issuer Banks For UPI
