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Incorporated in 2010, Richa Info Systems is engaged in the business of assembling innovative products and systems. The company acts as an integrator of multifaceted solutions of leading quality products like Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk, and CCTV Cameras. The total ratio of the company's outsourcing and in-house assembling is 20:80.
The company imports raw material from China, after which it assembles the semi-finished products and installs the requisite software as per the client's requirement. The company operates manually in assembling of products and service industry and don't have any plant & machinery of its own.
Competitive Strengths:
| IPO Date | Feb 9, 2022 to Feb 11, 2022 |
| Listing Date | Feb 21, 2022 |
| Face Value | ₹10 per share |
| Price | ₹125 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 800,000 shares (aggregating up to ₹10.00 Cr) |
| Fresh Issue | 800,000 shares (aggregating up to ₹10.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Other Shares Offered | 380,000 (50.00%) |
| Retail Shares Offered | 380,000 (50.00%) |
| Market Maker portion | 40,000 shares |
| Total Shares Offered | 760,000 |
Richa Info Systems IPO opens on Feb 9, 2022, and closes on Feb 11, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Feb 9, 2022 |
| Closing Date | Feb 11, 2022 |
| Basis of Allotment | Feb 16, 2022 |
| Initiation of Refunds | Feb 17, 2022 |
| Credit of Shares to Demat | Feb 17, 2022 |
| Listing Date | Feb 21, 2022 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The Richa Info Systems IPO lot size is 1000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹125,000 |
| Retail (Max) | 1 | 1000 | ₹125,000 |
| Lot Size Calculator | |||
The Richa Info Systems IPO is subscribed 5.05 times on Feb 11, 2022 5:10:00 PM. The public issue subscribed 6.94 times in the retail category, times in the QIB category, and 3.16 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 3.16 |
| Retail | 6.94 |
| Total | 5.05 |
| Particulars | For the year/period ended (₹ in Millions) | ||||
|---|---|---|---|---|---|
| 30-Nov-21 | 31-Mar-21 | 31-Mar-20 | |||
| Total Assets | 172.13 | 88.38 | 40.65 | ||
| Total Revenue | 139.68 | 201.13 | 175.62 | ||
| Profit After Tax | 4.85 | 7.22 | 3.34 | ||
| KPI | Values |
|---|---|
| P/E (x) | 41.67 |
[Dilip Davda] Based on its financial performance, the issue is priced exorbitantly. Post-IPO, its paid-up equity capital will be under Rs. 2.50 cr. indicating longer gestation for mainboard migration. The is no harm in ignoring this pricy issue. Read detail review...
| Listing Date | Feb 21, 2022 |
| BSE Script Code | |
| NSE Symbol | RICHA |
| ISIN | INE0J1P01015 |
| Final Issue Price | ₹125 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹125.00 |
| ₹125.00 |
| ₹118.75 |
| ₹127.00 |
| ₹118.75 |
Richa Info Systems
Shop No. 101,
Shalin Complex, Sector-11,
Gandhinagar-382011 (Gujarat)
Phone: +91 98989 07577
Email: compliance@richainfosys.com
Website: https://www.richainfosys.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: richainfosys.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Richa Info Systems IPO is a SME IPO of 800,000 equity shares of the face value of ₹10 aggregating up to ₹10.00 Crores. The issue is priced at ₹125 per share. The minimum order quantity is 1000 Shares.
The IPO opens on Feb 9, 2022, and closes on Feb 11, 2022.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Richa Info Systems IPO using UPI as a payment gateway. Zerodha customers can apply in Richa Info Systems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Richa Info Systems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Richa Info Systems IPO opens on Feb 9, 2022 and closes on Feb 11, 2022.
Richa Info Systems IPO lot size is 1000 Shares and the minimum order quantity is .
You can apply in Richa Info Systems IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Richa Info Systems IPO will be done on Feb 16, 2022, and the allotted shares will be credited to your demat account by Feb 17, 2022. Check the Richa Info Systems IPO allotment status.
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