Richa Infosystems description – The company is engaged in assembling of Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk, CCTV Cameras. The company also provides services to Government organizations across India through Government e Marketplace (GeM).
Richa Infosystems imports its raw material from China and assembles the semi-finished products and installs the requisite software as per the customers requirement. “Customer Satisfaction” is its top most priority, In-House Knowledge Center for Technical Supremacy, Education technology solutions Like, Interactive Board, Projector, Interactive Projector, HD Visualizer, Digital Podium (Electronic Lectern), Interactive Pad, Digital signage and display solutions with Products like Professional Large Format Display, LED Video Walls, Information Kiosk, Board Room Solutions, Security & surveillance solutions, IT technology solutions, Office Automation Solutions Like Multi-function Machines, EPABX, Healthcare vertical solutions etc. The company provides the Annual Maintenance services to the clients to whom it has supplied its products. Its sales and service set up always aims to provide best of the services and support.
Promoters of Richa Infosystems – Mr Tushar Dineshchandra Shah And Mrs Hemaben Tushar Shah
Richa Infosystems Offer Details
| Subscription Dates | 9 – 11 February 2022 |
| Price Band | INR125 per share |
| Fresh issue | 8,00,000 shares (INR10 crore) |
| Offer For Sale | Nil |
| Total IPO size | 8,00,000 shares (INR10 crore) |
| Minimum bid (lot size) | 1,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Richa Infosystems’ Financial Performance
| FY2019 | FY2020 | FY2021 | Q1 FY2022 | |
| Revenue | 1,504.2 | 1,756.2 | 2,011.3 | 409.4 |
| Expenses | 1,475.2 | 1,708.6 | 1,912.7 | 385.3 |
| Net income | 19.7 | 33.4 | 72.3 | 17.8 |
Richa Infosystems’ Offer News
Richa Infosystems Offer Valuation (as of FY2021)
Earnings Per Share (EPS): INR 5.97
Pre-IPO Price/Earnings (PE ratio): 20.94
Return on Net Worth (RONW): 51.62%
Net Asset Value (NAV): INR11.57 per share
Richa Infosystems IPO GMP Daily Trend
| Date | Richa Infosystems IPO GMP | Kostak | Subject to Sauda |
Richa Infosystems IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 4,00,000 | 4,00,000 | 8,00,000 |
| Day 1 | 1.33 | 2.40 | 1.86 |
| Day 2 | 1.30 | 3.77 | 2.91 |
| Day 3 | 3.00 | 6.59 | 4.80 |
Richa Infosystems Offer Registrar
Link Intime India Private Limited
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: www.linkintime.co.in
Richa Infosystems Contact Details
Richa Infosystems Limited
25, 26 and 101, Shivaly residency,
GH Road, Kudasan,
Gandhinagar, Gujarat
Phone: +91 98989 07577
Email: [email protected]
Website: www.richainfosys.com
Richa Infosystems Offer Allotment Status
Richa Infosystems Offer allotment is now available on Link Intime’s website. Click on this link to get allotment status.
Richa Infosystems IPO Timetable
| IPO Opening Date | 9 February 2022 |
| IPO Closing Date | 11 February 2022 |
| Finalisation of Basis of Allotment | 16 February 2022 |
| Initiation of refunds | 17 February 2022 |
| Transfer of shares to demat accounts | 17 February 2022 |
| Listing Date | 21 February 2022 |
| Opening Price on NSE | INR125 per share (no change from IPO price) |
| Closing Price on NSE | INR118.75 per share (down 5% from IPO price) |
Richa Infosystems Offer FAQs
Richa Infosystems offer size is INR 10 crore.
Richa Infosystems offer price is INR125 per share.
Richa Infosystems offer lot size and the minimum order is 1,000 shares.
Richa Infosystems IPO GMP today is NA per share.
Richa Infosystems IPO kostak rate today is NA per application.
Richa Infosystems Subject to Sauda rate today is NA per application.
