Rikhav Securities
Listed
Listed
IPO Timeline
Issue open date
15 Jan 2025Issue close date
17 Jan 2025UPI mandate deadline
17 Jan 2025Allotment finalization
20 Jan 2025Refund initiation
21 Jan 2025Share credit
21 Jan 2025Listing date
22 Jan 2025Mandate end date
1 Feb 2025Lock-in end date for anchor investors (50%)
15 Feb 2025Lock-in end date for anchor investors (remaining)
20 Apr 2025Key Dates
Open
15 Jan 2025Close
17 Jan 2025Listing
22 Jan 2025Quick Stats
Issue Size:89cr
Lot Size:1600 shares
About the Company
Rikhav Securities Limited, founded in 1995, offers equity broking, trading, market-making, IPO facilitation, and depository services. With 2+ decades of experience, a robust digital platform, and a strong management team, it caters to retail and HNI clients across India. The company excels in market-making for SMEs, enhancing liquidity, and delivering personalized wealth solutions. Led by experienced promoters, RSL combines advanced technology with client-centric strategies to drive growth and strengthen its market presence.
Strengths
- Strong client relationships drive repeat business and commissions.
- Diverse services boost growth and client ties.
- Experienced management ensures market insight and growth.
- Robust risk management minimizes trading risks.
Risks
- Ongoing litigation may negatively impact business, reputation, and operations.
- Past penalties from regulatory authorities may affect financial stability and operations.
- Extensive statutory and regulatory requirements can influence business outcomes.
- Risk of fraudulent transactions may lead to legal and regulatory issues.
- Dependence on IT systems exposes the company to operational risks from potential failures.
Rikhav Securities IPO – Frequently Asked Questions
- The price band for the Rikhav Securities IPO is set at ₹82 to ₹86 per share.
- The Rikhav Securities IPO opens on January 15, 2025 and closes on January 17, 2025.
- The tentative listing date for the Rikhav Securities IPO is January 22, 2025.
- You can apply for the Rikhav Securities IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Rikhav Securities, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Rikhav Securities IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).