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15 Days Price Change

Rikhav Securities IPO

Closing In

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WEBSITE Inc. Year: 1995 Industry: Finance - Stock Broking Listed Page

Profile
Issue Size --
Profile
Price Range 82  to  86 per share
Profile
Min Investment ₹86
Profile
Lot Size 1
Profile
Face Value ₹5
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Rikhav Securities Limited, established in 1995, is a prominent financial services company based in India, offering a wide range of brokerage, investment, and banking services. The company is registered with SEBI as a stockbroker and holds memberships with major exchanges, including BSE Limited (BSE), the National Stock Exchange of India (NSE), and the Multi Commodity Exchange (MCX). Rikhav Securities provides services such as equity broking, cash delivery, intra-day trading, futures, and options, and is involved in various derivative and commodity segments. As a Self-Clearing Member of the Indian Clearing Corporation and NSE Clearing, it ensures smooth trade settlements. Additionally, the company assists clients in participating in IPOs and offers depository services for demat accounts. Rikhav Securities also acts as mutual fund advisors, helping clients navigate investment options, and engages in market-making activities. The company prides itself on its long-term client relationships, an integrated financial services platform, and a management team with extensive experience and proven execution capabilities. Read More

Basic Info

Face Value 5 per share

Price 82  to  86 per share

P/E (x) 11.5

Sales( Cr.) 318

PAT( Cr.) 24

EPS 7.5

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Mr Hitesh Himatlal Lakhani Mr Rajendra N Shah Ms Bharti Hitesh Lakhani Ms Vaishali R Shah

Pre Issue Share Holding 98.23%

Post Issue Share Holding 66.07%

Listing Details:

Listing Price: 163.4

Listing Gain: 47.37%

Current Price: 47.4

Gain On Issue: 47.4 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 15, 2025
Closing Date Jan 17, 2025
Allotment Jan 20, 2025
Refund Jan 21, 2025
Delivery of Shares Jan 21, 2025
Listing Date Jan 22, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 137,600
Retail (Max) 1 1600 137,600
S-HNI (Min) 2 3200 275,200
S-HNI (Max) 7 11200 963,200
B-HNI (Min) 8 12800 1,100,800

Objective of the Issue

1. Funding the incremental working capital requirements. 2. Funding of capital expenditure requirements of the company towards the purchase of IT Software, Computers and Laptops. 3.General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 5164000 882630880 170.9x
NII 1549200 954957864 616.4x
Retail 3614800 908616128 251.4x
EMP 0 0 0x
Total 10328000 3170696000 307x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Rikhav Securities Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 35 49 103 318
Other Income 7 5 7 10
Total Income 43 55 111 328
Total Expenditure 17 26 56 292
Operating Profit 26 28 55 35
Interest 3 3 3 7
Depreciation 0 0 1 1
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 22 25 51 28
Provision for Tax 4 5 9 4
Profit After Tax 18 20 42 24
Adjustments 0 -0 0 0
Profit After Adjustments 18 19 42 24
Adjusted Earnings Per Share 5.9 6.4 14.1 6.2

Rikhav Securities Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 76 95 139 227
Minority's Interest 0 0 0 0
Borrowings 0 0 0 0
Other Non-Current Liabilities 0 0 0 1
Total Current Liabilities 105 92 155 63
Total Liabilities 181 188 294 291
Fixed Assets 1 2 2 2
Other Non-Current Assets 75 77 268 176
Total Current Assets 105 108 24 112
Total Assets 181 188 294 291

Rikhav Securities Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 24 4 13
Cash Flow from Operating Activities -37 -9 109 -188
Cash Flow from Investing Activities 76 1 -97 140
Cash Flow from Financing Activities -18 -8 -3 19
Net Cash Inflow / Outflow 22 -17 9 -29
Closing Cash & Cash Equivalent 24 7 14 -16

Rikhav Securities Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 5.88 6.38 14.09 6.18
CEPS(Rs) 5.99 6.69 14.29 6.36
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 25.32 31.69 46.24 59.15
Core EBITDA Margin(%) 51.62 47.25 46.15 8.03
EBIT Margin(%) 71.8 56.49 52.51 10.95
Pre Tax Margin(%) 62.32 49.77 49.66 8.82
PAT Margin (%) 49.65 39.56 40.81 7.45
Cash Profit Margin (%) 50.55 40.55 41.4 7.66
ROA(%) 9.76 10.64 17.54 8.1
ROE(%) 23.23 22.91 36.15 12.97
ROCE(%) 28.03 28.54 38.29 17.17
Receivable days 69.86 45.7 17.27 8.63
Inventory Days 0 0 0 127.66
Payable days 0 0 0 120.82
PER(x) 0 0 0 10.72
Price/Book(x) 0 0 0 1.12
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) -0.11 0.36 0.4 0.85
EV/Core EBITDA(x) -0.15 0.62 0.76 7.64
Net Sales Growth(%) 0 39.35 109.07 207.39
EBIT Growth(%) 0 9.63 94.34 -35.9
PAT Growth(%) 0 11.05 115.66 -43.92
EPS Growth(%) 0 8.38 120.96 -56.12
Debt/Equity(x) 0.2 0.1 0.29 0
Current Ratio(x) 1 1.17 0.16 1.79
Quick Ratio(x) 1 1.17 0.16 0.02
Interest Cover(x) 7.57 8.41 18.45 5.14
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 209% 109% 0% 0%
Operating Profit CAGR -36% 10% 0% 0%
PAT CAGR -43% 10% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -21% NA% NA% NA%
ROE Average 13% 24% 24% 24%
ROCE Average 17% 28% 28% 28%

Company Contact Information

Rikhav Securities Ltd.

Office No. 922 - A 9th Floor, P. J. Towers Dalal Street, Fort

IPO Lead Manager(s)

Rikhav Securities Ltd.

Smart Horizon Capital Advisors Pvt Ltd.

Registrar Info

Rikhav Securities Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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