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Open
12 Jun 2017
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Close
15 Jun 2017
3
Allotment
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Listing
Thu, Jun 22, 2017
Price Band
₹130 per share
Issue Size
9,50,000 shares (agg. up to ₹12 Cr)
Lot Size
1,000 Shares
Listing Date
Thu, Jun 22, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.98x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2016 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 28.07 | 21.89 | 19.31 | 14.10 |
| Total Income | 45.02 | 42.25 | 27.59 | 23.17 |
| Profit After Tax | 1.92 | 3.12 | 2.73 | 0.90 |
| NET Worth | 9.83 | 7.91 | 4.79 | 2.06 |
| Total Borrowing | 1.59 | 1.66 | 1.35 | 1.57 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Panache Digilife Ltd. | SME | ₹14.58 Cr | ₹81 | null | ₹85.75 | +5.86% | ₹428.70 (-2.10%) |
| Dev Information Technology Ltd. | SME | ₹6.25 Cr | ₹42 | 10 | ₹50.40 | +20.00% | ₹26.04 (-3.83%) |
| Octaware Technologies Ltd. | SME | ₹8.60 Cr | ₹90 | 14 | ₹90.55 | +0.61% | ₹63.60 (+0.00%) |
| Airan Ltd. | SME | ₹14.85 Cr | ₹45 | null | ₹53.85 | +19.67% | ₹15.22 (-0.46%) |
| L&T Technology Services Ltd. | Mainboard | ₹894.40 Cr | ₹860 | null | ₹869.00 | +1.05% | ₹3,375.30 (+1.23%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisitions and Other Strategic Initiatives | 2.23 |
| 2 | Capital Expenditure | 6.62 |
| 3 | General Corporate Purpose | 3.00 |
| 4 | Public Issue Expenses | 0.50 |
About Riddhi Corporate IPO
Incorporated in 2009, Riddhi Corporate Services Ltd is engaged in Business Process Outsourcing (BPO) to serve the needs of Telecom, Banking, Govt Institutions, Insurance Companies rendering services to Telecommunication Service provider, Banking Sector, NonBanking Financing Institutions, E-Wallet Service provider etc.Company commenced its business activities by rendering services to Telecommunication service providers. They provide services of Data Management, Collection and Handling of Customer Application Form (CAF), Audit of CAF, order entry of CAF, CAF Barcoding, Inward, Storage and Retrieval of Data, Temporary Indexing, Data Entry, Scanning, uploading and Sample image Audit at Spoke Level. In addition, they are rendering services of Collection of Dues, Retention, Bill Delivery management Services along with over dues amount from subscriber by way Telecalling, Field visit, Address the Customer's Issue and retain the Customer, Escalation Management while collecting Overdue Amount.+ Read More
Contact Details
Riddhi Corporate Services Ltd. Address10, Mill Officers ColonyBehind Old RBIAshram RoadAhmedabad, Gujarat, 380009+91-79-26580767investor@rcspl.netVisit Website