Rikhav Securities Limited IPO GMP

Rikhav Securities Limited is engaged the business of equity broking, investing, and trading activities. They 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). Their services encompass a comprehensive range of financial activities such as, equity broking, we offer cash delivery, intra-day trading, futures, and options.

Rikhav Securities, an Book Built Issue amounting to ₹ 88.82 Crores, consisting an Fresh Issue of 83.28 Lakh Shares amounting to ₹ 71.62 Crores and an Offer for Sale of 20.00 Lakh Shares totaling to ₹ 17.2 Crores. The subscription period for the Rikhav Securities IPO opens on January 15, 2025, and closes on January 17, 2025. The allotment is expected to be finalized on or about Monday, January 20, 2025, and the shares will be listed on the BSE SME with a tentative listing date set on or about Wednesday, January 22, 2025.

The Share price band of Rikhav Securities IPO is set at ₹ 82 to ₹ 86 per equity share. The Market Capitalisation of the Rikhav Securities Limited at IPO price of ₹ 86 per equity share will be ₹ 329.31 Crores. The lot size of the IPO is 1,600 shares. Retail investors are required to invest a minimum of ₹ 1,37,600, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3,200 shares), amounting to ₹ 2,75,200.

SMART HORIZON CAPITAL ADVISORS PRIVATE LIMITED is the book running lead manager of the Rikhav Securities IPO, while LINK INTIME INDIA PRIVATE LIMITED is the registrar for the issue. Shreni Shares Limited is the Market Maker for Rikhav Securities IPO.

Rikhav Securities Limited IPO GMP Today
The Grey Market Premium of Rikhav Securities Limited IPO is expected to be ₹ 52 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Rikhav Securities Limited Day Wise IPO GMP Trend

Rikhav Securities Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 17th January, 2025, the Rikhav Securities IPO live subscription status shows that the IPO subscribed 285.33 times on its Final day of subscription period. Check the Rikhav Securities IPO Live Subscription Status Today at BSE.

Rikhav Securities IPO Anchor Investors Report
Rikhav Securities has raised ₹ 25.11 Crores from Anchor Investors at a price of ₹ 86 per shares in consultation of the Book Running Lead Managers. The company allocated 29,20,000 equity shares to the Anchor Investors. Check Full List of Rikhav Securities Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

Rikhav Securities Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Rikhav Securities IPO allotment date is 20 January, 2025, Monday. Rikhav Securities IPO Allotment will be out on 20th January, 2025 and will be live on Registrar Website from the allotment date. Check Rikhav Securities IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Rikhav Securities Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Rikhav Securities Limited IPO
Rikhav Securities proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 4,600.00 Lakh is required for Funding their incremental working capital requirements;
2. ₹ 412.81 Lakh is required for Funding of capital expenditure requirements of the Company towards purchase of IT Software, Computers and Laptops:
3. General corporate purposes

Refer to Rikhav Securities Limited RHP for more details about the Company.