Richa Info Systems IPO Review
The company is involved in the assembly of innovative products as well as the systems integration of multifaceted solutions of leading quality products such as Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk, and CCTV Cameras for esteemed customers in sectors such as Government, PSUs, Education, and Defence. We offer a diverse range of “Innovative Solutions” to government entities across India via the Government Digital Marketplace (GeM). Richa Infosystems imports raw materials from China, assembles semi-finished goods, and instals the necessary software based on the needs of the customer.
“Customer Satisfaction” is its top priority, In-House Expertise Centre for Technical Supremacy, Education technology solutions such as Interactive Board, Projector, Interactive Projector, HD Visualizer, Digital Podium (Electronic Lectern), Interactive Pad, Digital signage and display solutions with Products such as Professional Large Format Display, LED Video Walls, Information Kiosk, Boardroom Solutions, Security & surveillance solutions, IT technology solutions, Office The firm offers Annual Maintenance services to clients who have purchased its goods. Its sales and service structure is always focused on providing the best services and support possible.
Subscription Dates | 9 – 11 February 2022 |
Price Band | INR125 per share |
Fresh issue | 8,00,000 shares (INR10 crore) |
Offer For Sale | Nil |
Total IPO size | 8,00,000 shares (INR10 crore) |
Minimum bid (lot size) | 1,000 shares |
Face Value | INR10 per share |
Retail Allocation | 50% |
Listing On | NSE Emerge |
| FY2019 | FY2020 |
Revenue | 1,504.2 | 1,756.2 |
Expenses | 1,475.2 | 1,708.6 |
Net income | 19.7 | 33.4 |
| FY2021 | Q1 FY2022 |
Revenue | 2,011.3 | 409.4 |
Expenses | 1,912.7 | 385.3 |
Net income | 72.3 | 17.8 |
Earnings Per Share (EPS): INR 5.97
Pre-IPO Price/Earnings (PE ratio): 20.94
Return on Net Worth (RONW): 51.62%
Net Asset Value (NAV): INR11.57 per share
Listing Performance of Richa Info Systems IPO
Listed On : Feb 18, 2022
Issue Price : ₹125 per equity share
Listing Day Close : Feb 11, 2022
Listing Day Gain :
NSE : NA
ISIN CODE : INE0J1P01015
BSE : NA
Dilip Davda – Avoid
| 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 Infosystems Limited
25, 26 and 101, Shivaly residency,
GH Road, Kudasan,
Gandhinagar, Gujarat
Phone: +91 98989 07577
Email: compliance@richainfosys.com
Website: www.richainfosys.com
Link Intime India Private Limited
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: richainfosys.ipo@linkintime.co.in
Website: www.linkintime.co.in
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Richa Info Systems IPO FAQ's
The Richa Info Systems IPO is a BSE SME IPO of ₹125 per equity share with a face value of 10 per equity share.
The issue size is priced at 800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr). The fresh issue size priced at 800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr).
The initial public offering (IPO) begins on Feb 9, 2022 and ends on Feb 11, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.
The Richa Info Systems IPO opens on Feb 9, 2022 and closes on Feb 11, 2022. The IPO Issue date may list on Feb 18, 2022.
Richa Info Systems IPO Market lot size is 1000 Shares and the minimum order quantity is 1000 Shares.
The finalisation of Basis of Allotment for Richa Info Systems IPO will be done on Feb 16, 2022. and the allotted shares will be credited to your demat account by Feb 17, 2022. Check the Richa Info Systems IPO status.
The Richa Info Systems IPO listing date is on Feb 18, 2022.
Richa Info Systems IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Richa Info Systems IPO Comments
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