?? Rikhav Securities IPO: Strong Start on Day 1! ??

?? Rikhav Securities IPO: Strong Start on Day 1! ??

?? Big News! The Rikhav Securities IPO has kicked off with a solid response, oversubscribed by more than 8 times on its opening day! Here's the breakdown:

?? Subscription Highlights: ?? Retail Investors: Oversubscribed 14x ?? NIIs: Oversubscribed 7.5x

?? Key Details:

  • IPO Size: ?88.82 crore
  • Fresh Issue: ?71.62 crore (83.28 lakh shares)
  • OFS: ?17.2 crore (20 lakh shares)
  • Price Band: ?82 - ?86 per share
  • Lot Size: 1,600 shares (Retail)

?? Important Dates:

  • Bidding Closes: January 17, 2025
  • Allotment Date: January 20, 2025
  • Listing Date: January 22, 2025 (BSE SME)

?? About Rikhav Securities: A trusted name in financial services, Rikhav Securities is known for its innovative solutions and robust market presence. This IPO is set to fuel their growth and expansion plans.

? A promising opportunity for investors to be part of a growing financial powerhouse!

?? What’s your take on Rikhav Securities' IPO? Let us know in the comments!


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