IPO Schedule
1
Open
15 Jan
2
Close
17 Jan
3
Allotment
-
4
Listing
22 Jan
Rikhav Securities IPO
Issue:₹86
List:₹171.55
CMP:₹42.6
BSELot: 1600SME
LISTEDSME
Issue Price₹86
Listing₹171.55
Current₹42.6
Content
About Rikhav Securities
Rikhav Securities is an SME operating in the financial services sector, primarily focused on providing brokerage services and trading platforms to its clients. They facilitate trading in equities, derivatives, and other financial instruments for retail and institutional investors.
Subscription Status
QIB
0.00x
NII
7.57x
Retail
13.66x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 170.92x | 0.87x | 0.00x |
| NII | 616.42x | 28.42x | 7.57x |
| Retail | 251.36x | 59.41x | 13.66x |
| Total | 307.00x | 36.12x | 8.47x |
Risk Factors
•SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
•Dependence on market conditions; downturns in the market can significantly impact brokerage income and profitability.
•Competition from larger, well-established brokerage firms with greater resources and wider service offerings.