Richa Info Systems IPO (Richa Info Systems IPO) Detail
Feb 9, 2022 – Feb 11, 2022
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:
| Particulars | For the year/period ended (₹ in Millions) | ||
|---|---|---|---|
| 30-Nov-21 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 172.13 | 88.38 | 40.65 |
| Total Revenue | 139.68 | 201.13 | 175.62 |
| Profit After Tax | 4.85 | 7.22 | 3.34 |
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 Date | Feb 9, 2022 |
| IPO Closing Date | Feb 11, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹125 per equity share |
| Market Lot | 1000 Shares |
| Min Order Quantity | 1000 Shares |
| Listing At | NSE SME |
| Issue 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 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 Date | Feb 9, 2022 |
| IPO Close Date | Feb 11, 2022 |
| Basis of Allotment Date | Feb 16, 2022 |
| Initiation of Refunds | Feb 17, 2022 |
| Credit of Shares to Demat Account | Feb 17, 2022 |
| IPO Listing Date | Feb 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).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1000 | ₹125,000 |
| Maximum | 1 | 1000 | ₹125,000 |
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
Email: compliance@richainfosys.com
Website: https://www.richainfosys.com/
Richa Info Systems IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: richainfosys.ipo@linkintime.co.in
Website: https://linkintime.co.in/