
Richa Info Systems IPO
NSE SME₹125,000 / 1000 Shares
Richa Info Systems IPO Details
The Richa Info Systems IPO price band is set between ₹125 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 9 Feb, 2022 and closes on 11 Feb, 2022. Investors can check the allotment status on 16 Feb, 2022, while the listing date is tentatively scheduled for 21 Feb, 2022.
The total issue size is 800,000 Eq Shares of ₹10 , aggregating up to ₹10.00 Cr. Stay tuned for the latest Richa Info Systems IPO review and GMP updates.
Richa Info Systems IPO Review, Rating & Analysis
Richa Info Systems IPO Review
NO REVIEWRicha Info Systems IPO Rating
Richa Info Systems IPO Highlights
IPO Date
Feb 9, 2022 - Feb 11, 2022
Listing Date
21 Feb, 2022
Face Value
₹10 Per Equity Share
Price Band
₹125 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Richa Info Systems IPO Lot Size
The minimum market lot for Richa Info Systems IPO is 1000 shares with an application amount of ₹1,25,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,25,000 |
| Retail (Max) | 1 | 1000 | ₹1,25,000 |
| S-HNI (Min) | 2 | 2000 | ₹2,50,000 |
| S-HNI (Max) | 8 | 8000 | ₹10,00,000 |
| B-HNI (Min) | 9 | 9000 | ₹11,25,000 |
Richa Info Systems IPO Timeline
Issue Price
₹125 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdLead Manager
Swastika Investmart LtdIssue Size
800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr)#Fresh Issue: 800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr)Richa Info Systems IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Nov 21 | 17.21 | 13.96 | 0.48 | - | - | - |
| 31 Mar 21 | 8.83 | 20.11 | 0.72 | - | - | - |
| 31 Mar 20 | 4.06 | 17.56 | 0.33 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Tushar Dineshchandra Shah
- Mrs. Hemaben Tushar Shah
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 67.08% |
About Company
Richa Info Systems is engaged in the business of assembling innovative products and systems. The company acts as an integrator of multifaceted solutions of leading quality products like Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk, and CCTV Cameras. The total ratio of the company's outsourcing and in-house assembling is 20:80.
The company imports raw material from China, after which it assembles the semi-finished products and installs the requisite software as per the client's requirement. The company operates manually in assembling of products and service industry and don't have any plant & machinery of its own.
Richa Info Systems IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 380,000 | 380,000 | 76500,000 |
Day 1 -09-02-22 05:30 PM | 1.40 x | 2.53 x | 1.96 x |
Day 2 -10-02-22 05:30 PM | 2.16 x | 3.97 x | 3.06 x |
Day 3 -11-02-22 05:30 PM | 3.16 x | 6.94 x | 5.05 x |
Frequently Asked Questions about Richa Info Systems IPO IPO
When will Richa Info Systems IPO open for subscription?
The Richa Info Systems IPO opens on 9 Feb, 2022 and closes on 11 Feb, 2022.
What is the investors portion for Richa Info Systems IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 380000.
How to apply for Richa Info Systems IPO?
You can apply for Richa Info Systems IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Richa Info Systems IPO?
The issue size of Richa Info Systems IPO is approx ₹800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr)#Fresh Issue: 800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr) crores.
What is the price band of Richa Info Systems IPO?
The price band for Richa Info Systems IPO is ₹125 per equity share to ₹undefined.
What is the lot size of Richa Info Systems IPO?
The minimum bid (lot size) for Richa Info Systems IPO is N/A shares with an investment of approx ₹125,000 .
What is the allotment date of Richa Info Systems IPO?
The allotment date for Richa Info Systems IPO is 16 Feb, 2022.
What is the listing date of Richa Info Systems IPO?
The listing date for Richa Info Systems IPO is expected to be 21 Feb, 2022.
What is the GMP of Richa Info Systems IPO?
The latest Grey Market Premium (GMP) for Richa Info Systems IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
