31 Mar 2022
Assets180.71
Total Income42.98
Profit After Tax17.62
NET Worth75.86
Reserves and Surplus70.87
Total Borrowing15.06
At a glance
Updated 2026-08-24The shares listed at ₹163.40, a 90.00% move from the issue price. Rikhav Securities is a SME IPO with an issue size of ₹88.82 crore, proposed for listing on BSE SME. The offer opens on 15th Jan 2025 and closes on 17th Jan 2025. The issue structure includes a fresh issue of ₹67.11 crore and an offer-for-sale component of ₹17.20 crore. The current listing schedule points to 22nd Jan 2025.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹88.82 Cr
Fresh issue₹67.11 Cr
Offer for sale₹17.20 Cr
Face value₹5
Price band₹82.00–₹86.00
Allotment20th Jan 2025
Listing22nd Jan 2025
Listing performance
Full performance ↗Issue price₹86.00
Listing price₹163.40
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹96.00
GMP / upper price111.63%
Est. listing₹182.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens15th Jan 2025
Closes17th Jan 2025
Allotment20th Jan 2025
Refund21st Jan 2025
Demat21st Jan 2025
Listing22nd Jan 2025
Subscription demand
Full bidding ↗Total307.00×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹137,600 |
Company
Incorporated1995
Use of proceeds
| Object | Amount |
|---|---|
| Funding incremental working capital requirements | ₹46.00 Cr |
| Funding of capital expenditure requirements of Company towards purchase of IT Software, Computers and Laptops | ₹4.13 Cr |
| General Corporate Purposes | ₹12.76 Cr |
| Issue expenses | ₹8.73 Cr |
| Total | ₹71.62 Cr |
Financials
Full financials ↗31 Mar 2023
Assets187.72
Total Income54.52
Profit After Tax19.10
NET Worth94.96
Reserves and Surplus79.98
Total Borrowing9.94
31 Mar 2024
Assets302.07
Total Income111.34
Profit After Tax42.65
NET Worth138.08
Reserves and Surplus123.10
Total Borrowing48.06
30 Sep 2024
Assets337.91
Total Income96.16
Profit After Tax50.37
NET Worth188.45
Reserves and Surplus173.47
Total Borrowing25.98
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 36.60% |
| ROCE | 29.48% |
| Debt / Equity | 0.35% |
| RoNW | 30.89% |
| PAT Margin | 40.94% |
| Price to Book Value | 1.87 |
Valuation & shareholding
Pre-IPO EPS14.23
Post-IPO EPS26.31
Pre-IPO P/E6.04
Post-IPO P/E3.27
Promoter holding pre90.55%
Promoter holding post65.63%
Market cap₹329.31 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Funding incremental working capital requirements | ₹46.00 Cr |
| Funding of capital expenditure requirements of Company towards purchase of IT Software, Computers and Laptops | ₹4.13 Cr |
| General Corporate Purposes | ₹12.76 Cr |
| Issue expenses | ₹8.73 Cr |
| Total | ₹71.62 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Smart Horizon Capital Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.