IPO Snapshot
 
Rikhav Securities Ltd.
Issue Open Date 15-Jan-25  
Issue Closing Date 17-Jan-25  
Application Money 100  
Allotment Money  
Price Band 82 - 86  
Minimium Application No. 1600  
Issue Size (Shares) 7408000  
Market Lot 1  
Objective
Our Company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects:1. Funding our incremental working capital requirements;2. Funding of capital expenditure requirements of our Company towards purchase of IT Software, Computers and Laptops:3. General corporate purposes;
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   2004800   912856000   455.335195530726  
Qualified Institutional Buyers   1955200   334184000   170.92062193126  
Retail Individual Investors   1955200   334184000   170.92062193126  
Business Description:
Our company “Rikhav Securities Limited” (RSL), established in the year 1995, is engaged the business of equity broking,investing, and trading activities. We are registered with SEBI as a stock broker and hold memberships with BSE Limited(BSE), the National Stock Exchange of India (NSE), and the Multi Commodity Exchange (MCX). Our services encompassa comprehensive range of financial activities such as, equity broking, we offer cash delivery, intra-day trading, futures, andoptions. We are actively involved in trading across various derivative and commodity segments. Additionally, as a Self-Clearing Member of both the Indian Clearing Corporation Limited (ICCL) and NSE Clearing Limited (NCL), we ensurethe smooth settlement of trades. We also assist clients in participating in Initial Public Offerings (IPOs) and providedepository services, including the opening and maintenance of demat accounts. As a mutual fund advisor and distributor,we guide clients through mutual fund investments, ensuring they navigate their options effectively.
Promoter's Holding
Total Share Capital   27131360  
Offered to Public   7408000  
Promoter's Holding (Pre-Issue)   90.55  
Promoter's Holding (Post-Issue)   65.63  
Address
Office No. 922 - A
9th Floor
P. J. Towers
Dalal Street
Fort
Mumbai ,
Maharashtra ,
400001
Phone : 022-69078304
Email : investor@rikhav.in
Website : www.rikhav.net
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE
Lead Manager
Smart Horizon Capital Advisors Pvt Ltd.
Promoters
Bharti Hitesh Lakhani
Deep Hitesh Lakhani
Hites H Himatlal Lakhani Huf
Hitesh Himatlal Lakhani
Monil Rajendra Shah
Rajendra N Shah
Vaishali R Shah