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Riddhi Corporate Services Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹130
Per Share
GMP
NIL
Grey Market
Est. Listing
₹130
Expected Price
Min. Application
₹260,000
2 lots × 1000 shares
IPO Issue Details
Issue Price / Price Band₹130 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size9,50,000 shares (aggregating up to ₹12.35 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 12 Jun 2017
Subscription CloseThu, 15 Jun 2017
Anchor AllotmentSun, 11 Jun 2017
Basis of AllotmentWed, 21 Jun 2017
Initiation of RefundsThu, 22 Jun 2017
Credit of Shares to DematThu, 22 Jun 2017
Listing DateThu, 22 Jun 2017
UPI Mandate Deadline2017-06-15
Application & Investment Details
Retail — Min (1 Lots)₹1,30,000 — 1,000 shares
Retail — Max (13 Lots)₹1,690,000 (13 Lots)
HNI — Min (2 Lots)₹2,60,000 — 2,000 shares
P/E Ratio (Pre-IPO)16x
Net Offer to Public9,00,000 shares (aggregating up to ₹11.70 Cr)
Reserved for Market Maker50,000 shares (aggregating up to ₹0.6500 Cr)
Pre-IPO Promoter Holding23,00,000 shares
Post-IPO Promoter Holding32,50,000 shares
About Riddhi Corporate Services Ltd.

Incorporated in 2009, Riddhi Corporate Services Ltd is engaged in Business Process Outsourcing (BPO) to serve the needs of Telecom, Banking, Govt Institutions, Insurance Companies rendering services to Telecommunication Service provider, Banking Sector, NonBanking Financing Institutions, E-Wallet Service provider etc.Company commenced its business activities by rendering services to Telecommunication service providers. They provide services of Data Management, Collection and Handling of Customer Application Form (CAF), Audit of CAF, order entry of CAF, CAF Barcoding, Inward, Storage and Retrieval of Data, Temporary Indexing, Data Entry, Scanning, uploading and Sample image Audit at Spoke Level. In addition, they are rendering services of Collection of Dues, Retention, Bill Delivery management Services along with over dues amount from subscriber by way Telecalling, Field visit, Address the Customer's Issue and retain the Customer, Escalation Management while collecting Overdue Amount.

Objects of the Issue

Riddhi Corporate Services Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
Acquisitions and Other Strategic Initiatives
2.23
2
Capital Expenditure
6.62
3
General Corporate Purpose
3.00
4
Public Issue Expenses
0.50
Shareholding & Lock-in
Pre-IPO Promoter Holding 23,00,000 shares
Post-IPO Promoter Holding 32,50,000 shares
Check AllotmentCheck Status →
Riddhi Corporate Services Ltd. — Live Price LIVE
₹130.00
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Issue ₹130.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹130
GMPNIL
Est. Listing₹130
Lot Size1,000 shares
Min Amount₹260,000
Listing Date22 Jun 2017
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹130
Listing Date22 Jun 2017
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 50,000 ₹0.65 Cr
TOTAL 950,000 100.00% ₹12.35 Cr
* Based on ₹130.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,000
Shares
Issue Price
₹130.00
Per Share
Min Investment
₹130,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,000 ₹130,000
Retail (Max) 13 13,000 ₹1,690,000
sNII (Min) 14 14,000 ₹1,820,000
bNII (Min) 68 68,000 ₹8,840,000
Company Financials — Restated Consolidated (Amount in Rs Cr)
ParticularsFY 2024-25FY 2023-24FY 2022-23
Revenue from Operations N/A N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) N/A N/A N/A
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Financial data will be published once the company files its DRHP/RHP with SEBI.
Key Ratios & Valuation
Issue Price ₹130
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Riddhi Corporate Services Ltd.
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
10, Mill Officers Colony Behind Old RBI, Ashram Road Ahmedabad, Gujarat, 380009
Book Running Lead Managers
Gretex Corporate Services Ltd.
Book Running Lead Manager (BRLM)