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.
Company Promoters
Mr. Tushar Dineshchandra Shah and Mrs. Hemaben Tushar Shah
Company Financials
| Particulars | For the year/period ended (₹ in Millions) | ||
|---|---|---|---|
| 30-Nov-21 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 172.13 | 88.38 | 40.65 |
| Total Revenue | 139.68 | 201.13 | 175.62 |
| Profit After Tax | 4.85 | 7.22 | 3.34 |
Objects Of The Issue
- To meet incremental working capital requirements
- General corporate purpose
- To meet public issue expenses
Richa Info Systems IPO Details
| IPO Opening Date | Feb 9, 2022 |
| IPO Closing Date | Feb 11, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹125 per equity share |
| Market Lot | 1000 Shares |
| Min Order Quantity | 1000 Shares |
| Listing At | NSE SME |
| Issue Size | 800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr) |
| Fresh Issue | 800,000 Eq Shares of ₹10 (aggregating up to ₹10.00 Cr) |
Richa Info Systems IPO Tentative Timetable
| IPO Open Date | Feb 9, 2022 |
| IPO Close Date | Feb 11, 2022 |
| Basis of Allotment Date | Feb 16, 2022 |
| Initiation of Refunds | Feb 17, 2022 |
| Credit of Shares to Demat Account | Feb 17, 2022 |
| IPO Listing Date | Feb 18, 2022 |
Richa Info Systems IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1000 | ₹125,000 |
| Maximum | 1 | 1000 | ₹125,000 |
Richa Info Systems IPO Prospectus
Company Contact Information
| Richa Info Systems Shop No. 101, Shalin Complex, Sector-11, Gandhinagar-382011 (Gujarat) Phone: +91 98989 07577 Email: compliance@richainfosys.com Website: https://www.richainfosys.com/ |
Richa Info Systems IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: richainfosys.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
Richa Info Systems IPO FAQs
| When Richa Info Systems IPO will open? The Richa Info Systems IPO dates are 09 Feb 2022 To 11 Feb 2022 |
| What is the lot size of Richa Info Systems IPO? Richa Info Systems IPO lot size and the minimum order quantity is 1000 Shares. |
| How to apply for Richa Info Systems IPO? You can apply in Richa Info Systems IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is Richa Info Systems IPO listing date? The Richa Info Systems IPO listing date is not announced. The date of Richa Info Systems IPO listing is [18 Feb 2022]. |
