IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Richa Info Systems Ltd

Registered Office : Shop No. 101 Shalin Complex,Sector 11,Gandhinagar Gujarat 382011 Phone : 91-9157094380
Fax :

Email : compliance@richainfosys.com

Website : www.richainfosys.com

Public issue of 800000 equity shares of face value of Rs. 10 each of Richa Info Systems Limited ("Richa" or the "Company" or the "Issuer") for cash at a price of Rs. 125 per equity share including a share premium of Rs. 115 per equity share (the "Issue Price") aggregating to Rs. 10.00 Crores ("The Issue"), of which 40000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 125 per equity share including a share premium of Rs. 115 per equity share aggregating to Rs. 0.50 Crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 7,60,000 equity shares of face value of Rs. 10 each at a price of Rs. 125 per equity share including a share premium of Rs. 115 per equity share aggregating to Rs. 9.50 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 32.88% and 31.09% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 125. The issue price is 12.5 times of the face value. Bid can be made for minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.

Issue

Opens On

Closes On

09-Feb-2022

11-Feb-2022

Money Payable On

Application

Allotment

125.00

0.00

Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

10.00

2.43

125.00

Swastika Investmart Ltd

Projects

To Meet Incremental Working Capital Requirements

General Corporate Purpose

Promoted By

Tushar Dineshchandra Shah

Hemaben Tushar Shah

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd