IPO

Rithwik Facility Management Services Ltd

  • Registered Office: R R Tower III Thiru-VI-KA,Industrial Estate Guindy, Chennai - 600032, Tamil Nadu, India. Phone : 91-44-43534441   Fax:
  • Email : info@rithwik.co.in
  • Website :www.rithwik.co.in
Public issue of 8,10,000 equity shares of face value of Rs. 10.00 each of Rithwik Facility Management Services Limited ("The Company" or "The Issuer") for cash at a price of Rs. 50.00 per equity share (including a share premium of Rs. 40.00 per equity share) ("issue price") aggregating to Rs. 4.05 crores ("the issue"). Of the issue, 42,000 equity shares aggregating to Rs. 0.21 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 7,68,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 50.00 per equity share aggregating to Rs. 3.84 crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.47% and 25.10%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price of Rs. 50.00 is 5.00 times of the face value.
Issue
Opens On Closes On
29-Dec-17 03-Jan-18
Money Payable On
Application Allotment
50.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
Cr Lead Managers to the Issue
Project Cost (.Cr) 3.70 Inventure Merchant Banker Services Pvt Ltd
Project Financed through Current Offer (.Cr) 4.05  
Post Issue Equity Share Capital (.Cr) 3.06
Issue Price () 50.00
Projects
To meet working capital requirements
Promoted By
Rithwik Rajshekar Raman
Niranjan Vyakarna Rao
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd