Rithwik Facility Management Services Limited IPO

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Rithwik Facility Management Services Limited in Chennai, Tamil Nadu based company engaged in the business of integrated facilities & property management and equipment & assets management. In detail, the services including managing the Security of the Building, Common Area Housekeeping, Water supply system management, the operation of all equipment of the Building, AMC of Amenities such as Lifts, Generators, Chiller Plants, AHUs, Air Conditioners, etc.
The company is also engaged in the business of billing management including raising of maintenance and energy invoices and managing collections. Company get the majority of its revenue from this segment. This is a bulk business for the company.
The company offers these services to corporate customers and developers in Chennai and Coimbatore. Company utilize latest technologies and process that allows a company to reduce operation costs and improve life cycles of equipment and property it manages.
Rithwik Facility Management has over 88 employees. Its products/services include:
1. Property Management / Facilities Management
2. Real Estate and other Asset Management and Maintenance
3. Billing and Collection Services

Rithwik Facility Management Services Limited IPO Stock Quote & Charts

40.50

0.00%

  • Open: 40.50
  • High - Low: 40.50 - 40.50
  • Previous Close: 40.50
  • Total Traded Volume: 3000
  • Updated On: 28-Jan-2020

Objects of the Rithwik Facility Management Services Limited IPO:

Meeting Additional Working Capital Requirements

Rithwik Facility Management Services Limited IPO Details:

Open Date: Dec 29 2017
Close Date: Jan 03 2018
Total Shares: 810,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 4.05 Cr.
Lot Size: 3000 Shares
Issue Price: ₹ 50 Per Equity Share
Listing At: BSE SME
Listing Date: Jan 11 2018

Promoters And Management:

1. Rithwik Rajshekar Raman 2. Niranjan Vyakarna Rao

Lead Manager of Rithwik Facility Management Services Limited IPO:

  1. Inventure Merchant Banker Services Private Limited

Registrar of Rithwik Facility Management Services Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Rithwik Facility Management Services Ltd R.R. Tower III, Thiru-VI-KA Industrial Estate, Guindy, Chennai 600 032 Phone: +91 44 4353 4441 Email: info@rithwik.co.in Website: www.rithwik.co.in

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