Company Highlights

Richa Info Systems SME IPO-(SME IPO)

techno-logo.png

About the Company

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.


Objective of the Issue

(i)   To meet incremental working capital requirements.
(ii)   General corporate purposes.


Competitive Strengths

(i)   ISO 9001:2015 certified company and holds a certificate under the quality system of BIC Limited (UK).
(ii)  The experienced Promoters management team.
(iii)The strong brand image of the company's "Techno" brand among customers.


Company Promoters

Mr. Tushar Dineshchandra Shah and Mrs. Hemaben Tushar Shah.



Financials Highlights


Particulars
March 31, 2021 (Rs. in millions)
March 31, 2020 (Rs. in millions)
March 31, 2019 (Rs. in millions)
Income
2,011.34
1,756.24
1,504.21
Expense
1,912.75
1,708.60
1,475.20
Profit After Tax
72.25
33.41
19.65
EPS
5.97
2.76
1.62
RoNW (%)
51.62%
48.31%
55.50%



Issue Details

Issue Size (Net)
Up to Rs. 10.00 Cr
Face Value
Rs.10 per equity share
Bid Lot
1000 equity share & multiple shares s
Price Band
Rs.125 per equity share
Issue Opening Date
09-Feb-22
Issue Closing Date
11-Feb-22
Listing On
NSE
Registrar
Link Intime India Private Ltd



IPO Timetable

IPO Open Date
February 09, 2022
IPO Close Date
February 11, 2022
Basis of Allotment Date
16-Feb-22
Initiation of Refunds
17-Feb-22
Credit of Shares to Demat Account
17-Feb-22
IPO Listing Date
18-Feb-22



Prospectus

Prospectus File

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