Supreme Facility Management Limited is set to launch its initial public offering (IPO) for a fresh issue of ₹50 crores, offering 65.79 lakh shares to the public. The issue opens for subscription on December 11, 2024, and closes on December 13, 2024. The allotment for the IPO will be finalized on December 16, 2024, and the listing of the shares on the NSE SME exchange is expected on December 18, 2024. This marks a significant step for the company, which specializes in integrated facility management services catering to businesses across sectors.

Issue Details and Price Band
The Supreme Facility Management IPO comes with a price band of ₹72 to ₹76 per share, which offers an affordable entry point for both retail and HNI investors. Retail investors can apply for a minimum lot size of 1600 shares, requiring an investment of ₹121,600, while HNI investors can apply for a minimum of 2 lots, or 3200 shares, with an investment of ₹243,200. The IPO is entirely a fresh issue of shares, with no offer for sale by existing shareholders. The issue is being managed by Khandwala Securities Limited as the book running lead manager, and Kfin Technologies Limited will serve as the registrar for the issue. Aftertrade Broking is the market maker for the IPO.

Company Overview: Supreme Facility Management Limited
Incorporated in 2005, Supreme Facility Management Limited provides a wide range of facility management services to businesses, helping them maintain and improve their operations. The company’s business is divided into two segments: Integrated Facilities Management and Support Services. These services are typically provided on a contractual basis and generate recurring revenue for the company, giving it a stable revenue stream.

The company offers a diverse portfolio of services, including housekeeping, cleaning, disinfecting, pest control, staffing, and more. It also provides specialized support services like employee transportation, corporate food services, and production support. The company serves large corporate clients across multiple sectors and has established long-term relationships with many of them, ensuring recurring business.

Integrated Facilities Management Services

1. Soft Services: These include housekeeping, cleaning, disinfecting and sanitizing, pest control, gardening, and exterior building cleaning. These services are crucial for maintaining the cleanliness and hygiene of corporate offices, factories, and commercial spaces.
2. Hard Services: This includes maintenance services like plumbing, electrical works, and power management. The company is responsible for the upkeep of important equipment such as generators and UPS systems.
3. Staffing Services: Supreme Facility Management provides staffing services for various support functions, helping businesses meet their workforce needs in areas like office support, technical support, and more.

Support Services

1. Employee Transportation: The company offers customized transportation solutions to businesses, providing safe and efficient commuting services for employees.
2. Corporate Food Services: Supreme Facility Management caters to the food and dining needs of corporate offices, providing services such as catering, cafeteria management, and event planning.
3. Production Support Services: The company also offers production support services, where specific tasks or processes are outsourced to third parties while maintaining oversight.

Competitive Strengths

1. Diverse Service Offerings: The company’s ability to provide a wide range of integrated and support services makes it a one-stop solution for businesses looking to streamline their operations.
2. Long-Term Client Relationships: Supreme Facility Management has established long-standing relationships with clients, ensuring a steady flow of recurring business.
3. Technology Integration: The company leverages technology to enhance service delivery and streamline operations, giving it a competitive edge in the industry.
4. Strong Workforce: With over 10,900 employees, Supreme Facility Management has the manpower to meet the diverse needs of its clients across various service segments.
5. Experienced Management: The company is led by a team of experienced professionals with deep expertise in facility management, ensuring effective operations and growth.

Investment Opportunity and Conclusion
The Supreme Facility Management IPO presents a unique opportunity for investors to participate in the growth of a well-established facility management company. With its diverse service portfolio, strong client relationships, and experienced management team, the company is poised for continued success. The IPO’s price band, coupled with the opportunity for long-term recurring revenue, makes this a compelling investment for both retail and institutional investors.

The Upcoming IPOs in this week and coming weeks are Dhanlaxmi Corp, Jungle Camps, Toss The Coin, Sai Life Sciences, Mobikwik, Vishal Mega Mart, Supreme Facility, Purple United, Yash Highvoltage, Rosmerta Digital, Inventurus Knowledge and Avanse Financial.The Current active IPO is Emerald Tyre Manufacturers. For more details on upcoming IPOs, you can visit our page at Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today - Finance Saathi and stay updated with the latest news on IPO updates on Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News - Finance Saathi.Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates. Start your Stock Market Journey and Apply in IPO by opening a Free Demat Account in Choice Broking FinX.