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

Company Promoters:

The Promoters of the Company are::

1. Rithwik Rajshekar Raman and
2. Niranjan Vyakarna Rao

Objects of the Issue:

The objects of the Issue are:

1. Meeting Additional Working Capital Requirements

Rithwik Facility IPO Details

IPO DateDec 29, 2017 - Jan 3, 2018
Issue TypeFixed Price Issue IPO
Issue Size810,000 Eq Shares of ₹10
(aggregating up to ₹4.05 Cr)
Face Value₹10 Per Equity Share
IPO Price₹50 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME

Rithwik Facility IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹150,000
Maximum13000₹150,000

Rithwik Facility IPO Subscription Status (Bidding Detail)

Rithwik Facility IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

405,000

405,000

810,000

Jan 3, 2018 17:00

Rithwik Facility IPO Prospectus

Rithwik Facility IPO Rating

65
3.4
Rating:Rated 3.4 stars

Vote Here ...

Rithwik Facility IPO Listing Date

Listing DateThursday, January 11, 2018
BSE Script Code540843
NSE Symbol
Listing InM
ISININE819Y01015
IPO Price₹50 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹50.00
₹60.00
₹43.50
₹60.00
₹45.45
453,000

Rithwik Facility IPO Reviews / Ratings

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
Email: info@rithwik.co.in
Website: http://www.rithwik.co.in

Rithwik Facility IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Rithwik Facility IPO FAQs

  1. 1. What is Rithwik Facility IPO?

    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 price of the IPO is ₹50 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    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.

  2. 2. When Rithwik Facility IPO will open?

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

  3. 3. How to apply for Rithwik Facility IPO?

    Rithwik Facility IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Rithwik Facility IPO allotment?

    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.

  5. 5. When is Rithwik Facility IPO listing date?

    The Rithwik Facility IPO listing date is on Thursday, January 11, 2018, at BSE SME.
  6. 6. What is the lot size of Rithwik Facility IPO?

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

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Rithwik Facility IPO Review / Comments

L Gopala Krishna Murthy
34. L Gopala Krishna Murthy  Feb 28, 2018 08:22
Rithw in is at 36 .hold or sell. Advice
govindprasad
33. govindprasad  Jan 31, 2018 09:12
Rii-2.14
Saahil
32. Saahil  Jan 29, 2018 18:51
Presently having a lot of Rithwik facility. current price is 35. Should i sell it or hold on to gain profit?
IPOGAINER
31. IPOGAINER  Jan 24, 2018 12:26
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
IPOGAINER
30. IPOGAINER  Jan 23, 2018 15:29
It is similar company like ANI Integrated services and AARVI... SO hold
IPOGAINER
29. IPOGAINER  Jan 23, 2018 10:56
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
IPOGAINER
28. IPOGAINER  Jan 22, 2018 11:57
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..
IPOGAINER
27. IPOGAINER  Jan 22, 2018 08:39
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
IPOGAINER
26. IPOGAINER  Jan 19, 2018 09:22
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
KarthikS
25. KarthikS  Jan 11, 2018 08:30
So much demand for IPO to buy for 50, but no one on listing?
IPOGAINER
25.4. IPOGAINER  Jan 23, 2018 15:28
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
Umang and his ultrasonic uproar
25.5. Umang and his ultrasonic uproar  Jan 23, 2018 16:59
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
@ipogainer,
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.
namra
24. namra  Jan 11, 2018 14:38
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
SekharG
23. SekharG  Jan 11, 2018 14:20
43 X subscribed. now it is -7% on first day. Only god knows logic behind SME listing
v for vendetta
22. v for vendetta  Jan 11, 2018 11:02
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Very good listing, a rational one.
NARENDRA KOTECHA
21. NARENDRA KOTECHA  Jan 11, 2018 08:24
Listing today confirm?
NARENDRA KOTECHA
20. NARENDRA KOTECHA  Jan 11, 2018 08:24
Listing today confirm?
SDK
19. SDK  Jan 11, 2018 07:35
Listing is today 11th Jan. 9:15am
Dubai ipo
18. Dubai ipo  Jan 11, 2018 06:57
20% 1st uc lagase
Devendrap
17. Devendrap  Jan 8, 2018 20:44
What''s it''s listing date guys?
SekharG
17.1. SekharG  Jan 8, 2018 21:45
What is the expected premium
Sanjay parmar
16. Sanjay parmar  Jan 8, 2018 20:39
0/8
HARI IPO
15. HARI IPO  Jan 8, 2018 19:42
0 out of 2
SDP
15.1. SDP  Jan 8, 2018 20:01
same her 0 out of 2






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