KHFM Hospitality & Facility Management Services Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,398,000 (47%) | — | ₹503 Cr |
| Retail | — | 1,401,000 (48%) | — | ₹504 Cr |
| Market Maker | — | 150,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 2,949,000 (100%) | — | ₹10,616 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹108,000 |
| Retail (Max) | 13 | 39,000 | ₹1,404,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,512,000 |
| B-HNI (Min) | 67 | 201,000 | ₹7,236,000 |
Financial Statements Amount in Lakhs
| Metric | 30-Sep-18 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue | 3,785 | 4,508 | 4,488 |
| Profit After Tax | 138 | 222 | 181 |
| Total Assets | 5,782 | 5,159 | 4,060 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet working capital requirement – 10.00
- 2 General Corporate Purpose – 0.26
Company Overview
Incorporated in 2006, Mumbai based KHFM Hospitality and Facility Management Services Limited provides integrated hospitality and facility management services to PSUs, MNCs, Railways, and other commercials. The company primarily offers Security Service, Horticulture & Gardening, Hospitality Services & Catering, and Facility Management services. It has a PAN India presence with site offices in 21 cities across 10 states.
The company works on an asset-light model where it maintains fewer capital assets as compared to the value of its working capital requirements. The majority of revenues of KHFM is generated from soft services such as Guest House Management & Catering, Hospitality Services, Facility Management, and housekeeping services.
KHFM Hospitality and Facility Management Services Limited obtain the majority of business through Tender Process which includes competitive bidding process. Some of the contracts of the company are with the government agencies and Government of India which may be affected by the change in government policies in future.
The competitive strengths of the company are:
• Experienced team with domain expertise
• 70% client retention for last 2-years
• Technological advancement
• Diversified service portfolio
• PAN India presence