Rikhav Securities Limited
ListedSMEFinancial Services · BSE
Incorporated in 1995, Rikhav Securities Limited is a financial services firm offering a wide range of brokerage, investment, and banking solutions in India. Registered with SEBI and a member of BSE, NSE, and MCX, the company provides services such as equity broking, intra-day and F&O trading, commodity trading, IPO participation, and depository services. It also acts as a mutual fund advisor and market maker, ensuring comprehensive investment support for clients. As a Self-Clearing Member of Indian Clearing Corporation and NSE Clearing, Rikhav ensures smooth trade settlements. As of September 30, 2024, it employs around 394 professionals across operations, administration, legal, and accounting.
Price Band
₹82 – ₹86
Issue Size
₹88.82 Cr
Lot Size
1600 shares
GMP
₹88
+102.3%
Est. Listing
₹174
at current GMP
Subscribed
307.08x
overall
Open
15 Jan 2025
Close
17 Jan 2025
Allotment
20 Jan 2025
Refund
21 Jan 2025
Demat Credit
22 Jan 2025
Listing
22 Jan 2025
Last updated 12 days ago
Overall Subscription
307.08x
Total Demand
QIB Multiplier
170.92x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
251.36x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,955,200 | 334,184,000 | 170.92x |
| RETAIL | 3,448,000 | 866,684,800 | 0.13x |
| Total | 5,403,200 | 1,200,868,800 | 307.08x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 2,259 | 567,822 | 251.36x |
| HNIs (10L +) | 14 | 4,299 | 307.07x |
| HNIs (2-10L) | 69 | 21,189 | 307.09x |
| Total Applications | 2,342 | 593,310 | 253.33x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Rikhav Securities Limited Public Issue & Market Profile
Rikhav Securities Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹88.82 Crores. The shares are offered at a price band of ₹82 to ₹86 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2025-01-17, the basis of allotment is scheduled to be finalized on 2025-01-20. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Rikhav Securities Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Rikhav Securities Limited IPO is ₹88 per equity share. Based on the upper price band of ₹82 to ₹86 per equity share, the estimated listing price is ₹174 (+102.3% expected listing gain).
What is the expected profit per lot for Rikhav Securities Limited IPO?
With a lot size of 1600 shares and current GMP of ₹88, the expected profit per application lot is approx ₹1,40,800 (+102.3% gain). Minimum application cost is approx ₹1,37,600.
What is the issue size and price band for Rikhav Securities Limited IPO?
The Rikhav Securities Limited IPO aggregate issue size is ₹88.82 Crores with an equity price band set at ₹82 to ₹86 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,37,600.
How can I check Rikhav Securities Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 307.08x (Retail: 251.36x, QIB: 170.92x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Rikhav Securities Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-01-20. Investors can verify status using PAN card or application number.
When is the listing date for Rikhav Securities Limited IPO?
Rikhav Securities Limited shares are scheduled to list on BSE on 2025-01-22.