Supreme Facility Management is set to debut on the stock market with its Initial Public Offering (IPO) from December 11 to December 13, 2024. The company offers a wide range of integrated facility management (IFM) services, making it a prominent player in the business services sector. Supreme Facility Management's IPO includes a fresh issue of 65.79 lakh shares, priced between ₹72 and ₹76 per share. The company is looking to raise between ₹47.37 crore and ₹50 crore through this offering.

About Supreme Facility Management
Incorporated in 2007, Supreme Facility Management specializes in providing a comprehensive suite of facility management services to various industries. These services span staffing solutions, housekeeping, cleaning, pest control, and maintenance for both hard and soft services, alongside employee transportation, corporate catering, supply chain management, and production support.

Service Portfolio
Supreme Facility Management is well-diversified across various sectors, offering a comprehensive array of services:

• Integrated Facility Management (IFM) Services:

  • Staffing Services: Providing workforce solutions for different support functions.
  • Soft Services: Including housekeeping, cleaning, disinfecting, pest control, and façade cleaning.
  • Hard Services: Maintenance and repair of electrical, plumbing, and other building systems.

• Other Support Services:

  • Employee Transportation (ET): Organizing transport services for client employees.
  • Corporate Food Solutions (CFSS): Offering catering services for corporate clients.
  • Supply Chain Management (SCM): Providing Third-Party Logistics (3PL) services.
  • Production Support Services (PSS): Supplying workforce solutions for manufacturing operations.

As of September 30, 2024, Supreme Facility Management employs 10,935 staff members, of which 10,798 are billable employees.

IPO Details

• IPO Dates: December 11–13, 2024
• Price Band: ₹72-76 per share
• Fresh Issue: 65,79,200 shares (₹47.37-50 crore)
• Offer for Sale: Nil (no offer for sale in this IPO)
• Total IPO Size: ₹47.37-50 crore
• Lot Size: 1,600 shares (₹1,21,600)
• Retail Allocation: 45.01% of the issue
• Listing On: NSE EMERGE

The IPO will be listed on the NSE EMERGE platform, catering to small and mid-sized companies. The listing date is scheduled for December 18, 2024.

Financial Performance
The company has shown steady growth in its financial performance:

• FY 2022: Revenue ₹236.01 crore, Net Income ₹4.26 crore
• FY 2023: Revenue ₹329.59 crore, Net Income ₹5.89 crore
• FY 2024: Revenue ₹355.39 crore, Net Income ₹8.33 crore
• Q1 FY 2025: Revenue ₹99.07 crore, Net Income ₹2.72 crore

Promoters and Management
Supreme Facility Management was founded by Lalasaheb Vitthalrao Shinde, Rajendra Lalasaheb Shinde, and Manisha Rajendra Shinde. These promoters have played a key role in expanding the company’s reach in the facility management sector, leveraging their experience and industry connections.

Use of IPO Proceeds
The funds raised through the fresh issue will primarily be used for general corporate purposes, including expansion and enhancement of the company's service capabilities. These funds will also help strengthen the company's position in a competitive market by enabling further development of its support services and operational infrastructure.

Conclusion
The Supreme Facility Management IPO offers a unique opportunity for investors to participate in the growth of a well-established player in the facility management space. With a diverse service portfolio, strong financial performance, and a clear focus on expanding its operations, the company is well-positioned to capitalize on the growing demand for integrated facility management services across various industries. Investors interested in business services and facility management should consider this IPO as a promising investment option.

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, Rosmerta Digital, Inventurus Knowledge and Avanse Financial.The Current active IPO is Nisus Finance and 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.