Richa Info Systems IPO (Richa Info Systems IPO) Detail 2022

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Richa Info Systems IPO (Richa Info Systems IPO) Detail

Feb 9, 2022 – Feb 11, 2022

Richa Info Systems Logo

Incorporated in 2010, 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.

Competitive Strengths:

  • ISO 9001:2015 certified company and holds a certificate under the quality system of BIC Limited (UK).
  • The experienced Promoters management team.
  • The strong brand image of the company’s “Techno” brand among customers.

Company Promoters:

Mr. Tushar Dineshchandra Shah and Mrs. Hemaben Tushar Shah

Company Financials:

ParticularsFor the year/period ended (₹ in Millions)
Total Assets172.1388.3840.65
Total Revenue139.68201.13175.62
Profit After Tax4.857.223.34

Objects of the Issue:

  • To meet incremental working capital requirements
  • General corporate purpose
  • To meet public issue expenses

Richa Info Systems IPO Details

IPO Opening DateFeb 9, 2022
IPO Closing DateFeb 11, 2022
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹125 per equity share
Market Lot1000 Shares
Min Order Quantity1000 Shares
Listing AtNSE SME
Issue Size800,000 Eq Shares of ₹10
(aggregating up to ₹10.00 Cr)
Fresh Issue800,000 Eq Shares of ₹10
(aggregating up to ₹10.00 Cr)

Richa Info Systems IPO Tentative Timetable

The Richa Info Systems IPO open date is Feb 9, 2022, and the close date is Feb 11, 2022. The issue may list on Feb 18, 2022.

IPO Open DateFeb 9, 2022
IPO Close DateFeb 11, 2022
Basis of Allotment DateFeb 16, 2022
Initiation of RefundsFeb 17, 2022
Credit of Shares to Demat AccountFeb 17, 2022
IPO Listing DateFeb 18, 2022

Richa Info Systems IPO Lot Size

The Richa Info Systems IPO market lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹125,000).

ApplicationLotsSharesAmount (Cut-off)

Richa Info Systems IPO Prospectus

  •   ›  Richa Info Systems IPO DRHP

Richa Info Systems IPO Rating

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Company Contact Information

Richa Info Systems
Shop No. 101,
Shalin Complex, Sector-11,
Gandhinagar-382011 (Gujarat)
Phone: +91 98989 07577

Richa Info Systems IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

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