Rithwik Facility Management Services Limited IPO
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
Objects of the Rithwik Facility Management Services Limited IPO:
Rithwik Facility Management Services Limited IPO Details:
|Open Date:||Dec 29 2017|
|Close Date:||Jan 03 2018|
|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|