Khfm Hospitality And Facility Management Services Limited Rights Issue (Khfm Hospitality Rights Issue 2023) Detail

₹24.05 Crores | Listing at NSE | Mon, Feb 27, 2023 - Wed, Mar 15, 2023

Khfm Hospitality And Facility Management Services Limited Logo

Khfm Hospitality And Facility Management Services Limited Rights Issue comprises 1.00 Cr equity shares aggregating to ₹24.05 Cr, offered at an issue price of ₹24 per share with a face value of ₹10 per share.

The record date for determining eligible shareholders is Feb 10, 2023, with the Rights Issue being offered in the entitlement ratio of 1:1.

As per the terms of payment, ₹24 per share payable in full at the time of application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Feb 17, 2023.

The Rights Issue opens on Feb 27, 2023 and closes on Mar 15, 2023.

The deemed date of allotment is Mar 23, 2023, following which the equity shares are expected to be credited to demat accounts on Mar 24, 2023 and listed on the NSE on Mar 27, 2023.

Bigshare Services Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Khfm Hospitality And Facility Management Services Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Fri, Feb 10, 2023

Entitlement Ratio

1 : 1

Open Date

Mon, Feb 27, 2023

Close Date

Wed, Mar 15, 2023

Rights Issue Details

Rights Issue Timetable

Khfm Hospitality And Facility Management Services Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-2194.47115.393.26
31-Mar-2286.6597.05-19.21
Amount in ₹ Crore

About Khfm Hospitality And Facility Management Services Limited

Established in 1983, Khfm Hospitality And Facility Management Services Limited started as a small entity in Mumbai. They offered housekeeping and janitorial services to discerning clients. And as of today, the company has evolved into one of the largest Facility Management services across India.

The wide range of services offered by Khfm Hospitality are: Book Online for Cleaning Services, Facility Management Services, Hospitality Management Services, Guest House Management, Gardening Services, House Keeping Services, Solid Waste Management, Security Services in India, Building Management Services, Hospital Services, Mumbai, Pest Control Services and Cleaning Services.

Khfm Hospitality And Facility Management Services Limited is an ISO 9001-2008, ISO 14000, and ISO 18000 certified integrated facility management company.

The company enables its employees to learn through specific on-site & off-site job training in order to ensure high-quality services and facilities to the end customers.

This 35-year-old organization has grown tremendously with its High-quality professional service. The company is equipped with the latest machinery for all kinds of jobs & trained manpower to cater efficiently. Khfm diversified its operations over time to include various segments which needed attention.

Objects of the Issue:

The Company intends to utilize the Net Proceeds from the Issue towards the following objects:

  1. Meeting additional Working Capital Requirement
  2. To meet Issue Expenses
  3. General Corporate Purposes.

Rights Issue Review

[Dilip Davda] Though the company posted a setback for FY22, it has been gaining ground and has contracts worth Rs. 248 cr. on hand. This segment is highly competitive and fragmented with many small players. However, considering a discount of around 37.74% based on its last traded price of Rs. 38.55 for this RI offer well-informed investors may consider it for long-term rewards. Read detail review...

Company Contact Information

Khfm Hospitality And Facility Management Services Limited
01, “Nirma Plaza”, Makhwana Road,
Marol Naka,
Andheri (East), Mumbai – 400 059
Andheri, Maharashtra, 400059

Rights Issue Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • rightsissue@bigshareonline.com
  • Visit Website

Rights Issue FAQs

The Khfm Hospitality Rights Issue 2023 opens on Mon, Feb 27, 2023, and closes on Wed, Mar 15, 2023.

Khfm Hospitality Rights Issue 2023 Schedule

Last Date for credit of Rights EntitlementsFri, Feb 17, 2023
Last Date for renunciation of Rights EntitlementsWed, Mar 8, 2023
Issue Opening DateMon, Feb 27, 2023
Issue Closing DateWed, Mar 15, 2023
Date of Allotment (on or about)Thu, Mar 23, 2023
Date of Credit (on or about)Fri, Mar 24, 2023
Date of Listing (on or about)Mon, Mar 27, 2023
Khfm Hospitality Rights Issue 2023 price is set at ₹24 per share.
The eligible shareholders are being offered 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (Fri, Feb 10, 2023).
The record date for the Khfm Hospitality Rights Issue 2023 is Fri, Feb 10, 2023.
The issue size of Khfm Hospitality Rights Issue 2023 is of 1,00,22,299 equity shares at ₹24 per share aggregating up to ₹24.05 Crores.
The Letter of Offer for Khfm Hospitality Rights Issue 2023 can be downloaded here.

You can apply for Khfm Hospitality Rights Issue 2023 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Khfm Hospitality Rights Issue 2023 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Khfm Hospitality Rights Issue 2023 is available on the list.
  4. Click the Apply button next to the Khfm Hospitality Rights Issue 2023.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Khfm Hospitality Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Khfm Hospitality Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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