KHFM Hospitality IPO description – KHFM Hospitality provides integrated hospitality and facility management services (IHFM). The company offers the entire range of hospitality and facility management services including mechanized housekeeping, guesthouse management, pest control, gardening and security service, etc. The IHFM segment includes integrated hospitality and facility management solutions to corporates including MNCs, government organizations like Railways, Municipal Corporations Public Sector Undertakings (PSUs) and other commercial establishments.
As on 30 June 2018, the company catered to over 71clients through contracts executed with such clients for providing various IHFM services to them. Headquartered in Mumbai, the company has a pan-India presence across 10 states covering 21 cities through a network of site offices. As of 30 June 2018, the company employed approximately 2,505 employees, including over 2,130 core employees and over 310 employees hired on contract basis. The company operates an asset-light model with low capital expenditure requirements and high working capital requirements.
KHFM Hospitality promoters – Mr Ravindra Hegde and Mrs Sujata Hegde
| KHFM Hospitality – Upcoming IPO details | |
| Subscription Dates | 22 March – 4 April 2019 |
| IPO Price band | INR36 per share (revised from INR38 per share) |
| Fresh issue | 2,950,000 shares (INR10.62 crore) |
| Offer for sale | Nil |
| Total IPO size | 2,950,000 shares (INR10.62 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME platform |
Use of funds
- Working Capital Requirements – INR10 crore
- General Corporate Purposes – INR0.26 crore
- Issue Expenses – INR0.95 crore
| KHFM Hospitality’s financial performance (in INR crore) | ||||||
| FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | ||
| Total revenue | 45.97 | 46.12 | 44.98 | 44.88 | 45.08 | |
| Total expenses | 39.87 | 40.04 | 38.81 | 38.86 | 38.09 | |
| Profit after tax | 2.13 | 2.10 | 1.95 | 1.81 | 2.22 | |
KHFM Hospitality Contact Details
KHFM Hospitality and Facility Management Services LimitedÂ
01, Nirma Plaza, Makhwana Road
Marol Naka, Andheri (East)
Mumbai – 400 059
Phone:Â +91 22 2851 1234
Email: [email protected]
Website:Â www.khfm.in
KHFM Hospitality IPO Subscription Details
| Day |
Subscription (no. of times) |
| Day 1 |
0.01 |
| Day 2 |
0.09 |
| Day 3 |
0.16 |
| Day 4 |
0.31 |
| Day 5 | 0.30 |
| Day 6 |
0.33 |
|
Day 7 |
0.46 |
| Day 8 | 0.61 |
| Day 9 | 0.97 |
| Day 10 | 1.27 |
KHFM Hospitality Valuation (For FY2018)
Earnings Per Share (EPS): INR3.29
Price/Earnings (P/E) ratio: 11.55
Return on Net Worth (RONW): 12.11%
Net Asset Value (NAV): INR27.20 per share
Registrar of KHFM Hospitality IPO
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
KHFM Hospitality IPO Allotment Status
KHFM Hospitality IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of KHFM Hospitality
IPO Opening Date: 22 March 2019
IPO Closing Date: 4 April 2019
Listing Date: 12 April 2019
Listing Price on NSE SME: INR36.5 per share (up 1.39% from IPO price)
Closing Price on NSE SME: INR36.1 per share (up 0.28% from IPO price)
