Richa Info Systems Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 380,000 (48%) | — | ₹475 Cr |
| Retail | — | 380,000 (48%) | — | ₹475 Cr |
| Market Maker | — | 40,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 800,000 (100%) | — | ₹10,000 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 | 1,000 | ₹125,000 |
| Retail (Max) | 13 | 13,000 | ₹1,625,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,750,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,375,000 |
Financial Statements Amount in Crore
| Metric | 30-Nov-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue | 14 | 20 | 18 |
| Profit After Tax | 0 | 1 | 0 |
| Total Assets | 17 | 9 | 4 |
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 Incremental Working Capital Requirements – 7.20
- 2 General Corporate Purpose – 2.40
Company Overview
Incorporated in 2010, Richa Info Systems is engaged in the business of assembling innovative products and systems. The company acts as an integrator of multifaceted solutions of leading quality products like Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk, and CCTV Cameras. The total ratio of the company's outsourcing and in-house assembling is 20:80.
The company imports raw material from China, after which it assembles the semi-finished products and installs the requisite software as per the client's requirement. The company operates manually in assembling of products and service industry and don't have any plant & machinery of its own.
Competitive Strengths:
- ISO 9001:2015 certified company and holds a certificate under the quality system of BIC Limited (UK).
- The experienced Promoters management team.
- The strong brand image of the company's "Techno" brand among customers.