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Open
29 Dec, 2017 to 3 Jan, 2018
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Close
29 Dec, 2017 to 3 Jan, 2018
3
Allotment
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Listing
Thu, Jan 11, 2018
Price Band
₹50 per share
Issue Size
8,10,000 shares (agg. up to ₹4 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Jan 11, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 43.59x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 11.02 | 7.80 | 10.55 | 9.00 |
| Total Income | 5.52 | 21.49 | 23.90 | 21.61 |
| Profit After Tax | 0.06 | 0.64 | 0.34 | 0.45 |
| NET Worth | 6.68 | 2.11 | 1.47 | 1.14 |
| Reserves and Surplus | 4.43 | 1.21 | 1.46 | 1.13 |
| Total Borrowing | 0.69 | 1.55 | 3.97 | 1.82 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| ANI Integrated Services Ltd. | SME | ₹25.66 Cr | ₹100 | null | ₹120.00 | +20.00% | ₹56.70 (+5.00%) |
| SecUR Credentials Ltd. | SME | ₹30.07 Cr | ₹205 | null | ₹198.60 | -3.12% | ₹3.40 (-4.68%) |
| Kaarya Facilities & Services Ltd. | SME | ₹6.40 Cr | ₹40 | null | ₹48.00 | +20.00% | ₹14.54 (-4.97%) |
| Aarvi Encon Ltd. | SME | ₹21.24 Cr | ₹54 | null | ₹54.50 | +0.93% | ₹148.87 (-3.03%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirements | 3.70 |
About Rithwik Facility IPO
Incorporated in 2010, Rithwik Facility Management Services Limited is Chennai, Tamil Nadu based company engaged in the business of integrated facilities & property management and equipment & assets management. In detail, the services including managing the Security of the Building, Common Area Housekeeping, Water supply system management, operation of all equipments of the Building, AMC of Amenities such as Lifts, Generators, Chiller Plants, AHUs, Air Conditioners, etc. Company is also engaged in the business of billing management including raising of maintenance and energy invoices and managing collections. Company get majority of its revenue from this segment. This is a bulk business for the company.Company offers these services to corporate customers and developers in Chennai and Coimbatore. Company utilize latest technologies and process that allows company to reduce operation costs and improve life cycles of equipment and property it manages.Rithwik Facility Management has over 88 employees. Its products / services include:1. Property Management / Facilities Management2. Real Estate and other Asset Management and Maintenance3. Billing and Collection Services+ Read More
Contact Details
Rithwik Facility Management Services Ltd. AddressR.R.Tower IIIThiru-VI-KA Industrial EstateGuindyChennai, Tamil Nadu, 600032+91 44 4353 4441info@rithwik.co.inVisit Website