IPO

IPO Synopsis
Richa Info Systems Ltd
Registered Office: Shop No. 101 Shalin Complex,Sector 11 , Gandhinagar - 382011 , Gujarat , India.
Phone : 91-9157094380   Fax:
Email :  compliance@richainfosys.com  
Website :  www.richainfosys.com
Public issue of 800000 equity shares of face value of Rs. 10 each of Richa Info Systems Limited ("Richa" or the "Company" or the "Issuer") for cash at a price of Rs. 125 per equity share including a share premium of Rs. 115 per equity share (the "Issue Price") aggregating to Rs. 10.00 Crores ("The Issue"), of which 40000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 125 per equity share including a share premium of Rs. 115 per equity share aggregating to Rs. 0.50 Crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 7,60,000 equity shares of face value of Rs. 10 each at a price of Rs. 125 per equity share including a share premium of Rs. 115 per equity share aggregating to Rs. 9.50 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 32.88% and 31.09% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 125. The issue price is 12.5 times of the face value. Bid can be made for minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Feb-22 11-Feb-22 Rs125.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 10.00
Swastika Investmart Ltd
Project Financed through Current Offer 10.00  
Post Issue Equity Share Capital 2.43  
Issue Price Rs125.00  
 
Projects
To Meet Incremental Working Capital RequirementsGeneral Corporate Purpose
Promoted By
Tushar Dineshchandra Shah
Hemaben Tushar Shah
Listing At
NSE - SME 
Registrar to the Issue
Link Intime India Pvt Ltd