Rithwik Facility Management Services Ltd IPO (Rithwik Facility IPO) Detail

Dec 29, 2017 - Jan 3, 2018

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 Management
2. Real Estate and other Asset Management and Maintenance
3. Billing and Collection Services

Objects of the Issue

The objects of the Issue are:

1. Meeting Additional Working Capital Requirements

Rithwik Facility IPO Details

Rithwik Facility IPO Date Dec 29, 2017 to Jan 3, 2018
Rithwik Facility IPO Face Value ₹10 per share
Rithwik Facility IPO Price ₹50 per share
Rithwik Facility IPO Lot Size 3000 Shares
Issue Size810,000 shares of ₹10
(aggregating up to ₹4.05 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The Promoters of the Company are::

1. Rithwik Rajshekar Raman and
2. Niranjan Vyakarna Rao

Rithwik Facility IPO Lot Size

The Rithwik Facility IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹150,000).

Application Lots Shares Amount
Minimum 1 3000 ₹150,000
Maximum 1 3000 ₹150,000

Rithwik Facility IPO Review

Considering high price, investors may give this issue a miss. (Avoid). Read detail review...

Rithwik Facility IPO Subscription Status (Bidding Detail)

The Rithwik Facility IPO is subscribed times on Jan 3, 2018 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Rithwik Facility IPO Prospectus

Rithwik Facility IPO Rating

Rating:Rated 3.4 stars
Vote Here ...

Rithwik Facility IPO Listing Date

Listing Date Thursday, January 11, 2018
BSE Script Code 540843
NSE Symbol
Listing In M Group of Securities
ISIN INE819Y01015
IPO Price ₹50 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Rithwik Facility Management Services Ltd
R.R. Tower III,
Thiru-VI-KA Industrial Estate,
Guindy, Chennai 600 032
Phone: +91 44 4353 4441

Rithwik Facility IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Rithwik Facility IPO Review

Rithwik Facility IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

IPO Broker Recommendations

Rithwik Facility IPO FAQs

Rithwik Facility IPO is a SME IPO of 810,000 equity shares of the face value of ₹10 aggregating up to ₹4.05 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000 Shares.

The IPO opens on Dec 29, 2017, and closes on Jan 3, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Rithwik Facility IPO opens on Dec 29, 2017 and closes on Jan 3, 2018.

Rithwik Facility IPO lot size is 3000 Shares and the minimum order quantity is .

You can apply in Rithwik Facility 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Rithwik Facility IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Rithwik Facility IPO allotment status.

The Rithwik Facility IPO listing date is on Thursday, January 11, 2018.
Open an Instant Account with Zerodha

Rithwik Facility IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



34. L Gopala Krishna Murthy |   Link |Feb 28, 2018 8:22:10 AM
Rithw in is at 36 .hold or sell. Advice
33. govindprasad |   Link |Jan 31, 2018 9:12:29 AM
32. Saahil |   Link |Jan 29, 2018 6:51:12 PM
Presently having a lot of Rithwik facility. current price is 35. Should i sell it or hold on to gain profit?
31. IPOGAINER |   Link |Jan 24, 2018 12:26:25 PM
On listing of CRP Risk management it easily cross 40... Hold for good gain
It has similar profile like AARVI, ANI Integrated services and Teamlease
30. IPOGAINER |   Link |Jan 23, 2018 3:29:49 PM
It is similar company like ANI Integrated services and AARVI... SO hold
29. IPOGAINER |   Link |Jan 23, 2018 10:56:21 AM
CRP Risk management is oversubscribed at 60 Rs... Definitely Ritwick will move upward on listing of CRP...
It is job driven service sector company... So buy it... Below 40
28. IPOGAINER |   Link |Jan 22, 2018 11:57:46 AM
The current price of Rithwik Facility management system is very less compared to CRP risk management limit... So hold for its listing...
After budget Rithwik can give upto 40℅ return in month... Hold or buy..
27. IPOGAINER |   Link |Jan 22, 2018 8:39:53 AM
As per government focusing on job this company benefited highly...
Secondly it provide services. And service sector has good future ahead.. so grab at lower cost
26. IPOGAINER |   Link |Jan 19, 2018 9:22:14 AM
It can be good company since government is focusing on jobs.. secondally it''s potential is good.. so hold it
It will give good profit in future
25. KarthikS |   Link |Jan 11, 2018 8:30:12 AM
So much demand for IPO to buy for 50, but no one on listing?
25.4. IPOGAINER |   Link |Jan 23, 2018 3:28:49 PM
Companies like ANI Integrated services and AARVI has similar interest like Rithwik... Company can boost up after good listing of CRP risk management ..
So hold tightly for 2-3 weeks for better result
25.5. Umang and his ultrasonic uproar |   Link |Jan 23, 2018 4:59:29 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
I don''t think CRP will list in premium, given poor subscription figures.
This is my guess but anything is possible in SME listing. Fingers crossed.
24. namra |   Link |Jan 11, 2018 2:38:47 PM
Lead manager INVENTURE can''t do any thing not single profit in MRC AND RITHWIK in future if any new ipo lead manager is INVENTURE I will not apply single application
23. SekharG |   Link |Jan 11, 2018 2:20:25 PM
43 X subscribed. now it is -7% on first day. Only god knows logic behind SME listing
22. v for vendetta |   Link |Jan 11, 2018 11:02:56 AM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Very good listing, a rational one.
21. NARENDRA KOTECHA |   Link |Jan 11, 2018 8:24:50 AM
Listing today confirm?
20. NARENDRA KOTECHA |   Link |Jan 11, 2018 8:24:32 AM
Listing today confirm?
19. SDK |   Link |Jan 11, 2018 7:35:39 AM
Listing is today 11th Jan. 9:15am
18. Dubai ipo |   Link |Jan 11, 2018 6:57:12 AM
20% 1st uc lagase
17. Devendrap |   Link |Jan 8, 2018 8:44:49 PM
What''s it''s listing date guys?
17.1. SekharG |   Link |Jan 8, 2018 9:45:00 PM
What is the expected premium
16. Sanjay parmar |   Link |Jan 8, 2018 8:39:24 PM
15. HARI IPO |   Link |Jan 8, 2018 7:42:51 PM
0 out of 2
15.1. SDP |   Link |Jan 8, 2018 8:01:32 PM
same her 0 out of 2