Rikhav Securities IPO

Rikhav Securities Ltd

₹1,31,200 /1600 sharesMinimum Investment

Rikhav Securities IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
15 Jan ‘25 - 17 Jan ‘25₹1,31,2001,600₹82 - ₹86
Issue SizeIPO Doc
88.82Cr
RHP PDF

About Rikhav Securities

Rikhav Securities is a financial services provider. The company offers financial services, including equity broking with options for cash delivery, intraday trading, futures and options (F&O), derivative and commodity trading. It assists clients to participate in initial public offerings (IPOs) and offers depository services, such as opening and managing demat accounts. Rikhav Securities also engages in market-making by supporting newly listed companies on stock exchanges. Additionally, the company undertakes proprietary investments in various tradable securities, including equities, derivatives, and currencies with adequate liquidity. These investments are aimed at generating arbitrage gains.;
Founded in
1995
Managing director
Mr. Hitesh Himatlal Lakhani
Parent organisation
Rikhav Securities Ltd

Strengths & Financials of Rikhav Securities

Strengths
Risks
Rikhav Securities Limited serves as a self-clearing member of both the Indian Clearing Corporation Limited (ICCL) and NSE Clearing Limited (NCL), ensuring seamless trade settlements.
The company claims to have successfully executed market-making mandates for 66 companies listed on SME platforms.
The company’s services are delivered through online and digital platforms, supported by a network of 24 authorised persons for the NSE equity segment, 23 for the NSE derivative segment, 8 for the NSE currency segment, and 24 for the BSE equity segment. The company claims that this network helps it acquire new clients and assist existing ones with their business needs.
Rikhav Securities caters to a diverse clientele, including institutional clients, high-net-worth individuals (HNIs) and retail investors across India.
The company holds memberships in NSE's equity, derivative, and currency segments, as well as BSE's equity segment. It is also a member of the MCX for commodity clients and acts as a Depository Participant with CDSL. Additionally, it engages in market-making activities for SME companies.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 35.50 crore in FY22 to Rs 49.47 crore in FY23 to Rs 104.16 crore in FY24. PAT increased from Rs 17.62 crore in FY22 to Rs 19.57 crore in FY23 to Rs 42.65 crore in FY24.

Rikhav Securities Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Rikhav Securities IPO

Apply asPrice bandApply upto
Regular82 - 86₹2 Lakh
High Networth Individual82 - 86₹2 - 5 Lakh
For Rikhav Securities IPO, eligible investors can apply as Regular.
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