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KHFM Hospitality IPO is a fixed price issue of ₹10.62 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹10.62 crore.
KHFM Hospitality IPO bidding started from Mar 22, 2019 and ended on Apr 4, 2019. The shares got listed on NSE SME on Apr 12, 2019.
KHFM Hospitality IPO price is ₹36.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,08,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,16,000.
Bonanza Portfolio Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Nikunj Stock Brokers Ltd..
Refer to KHFM Hospitality IPO RHP for detailed Information.
| IPO Date | March 22, 2019 to April 4, 2019 |
| Listing Date | April 12, 2019 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹36 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 29,49,000 shares (aggregating up to ₹10.62 Cr) |
| Reserved for Market Maker | 1,50,000 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹0.5400 Cr) |
| Net Offered to Public | 27,99,000 shares (aggregating up to ₹10.08 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 67,50,000 shares |
| Share Holding Post Issue | 97,00,000 shares |
KHFM HOSPITALITY IPO offers total 29,49,000 shares. Out of which 13,98,000 (47.41%) allocated to NII, 14,01,000 (47.51%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,50,000 (5.09%) |
| NII (HNI) Shares Offered | 13,98,000 (47.41%) |
| Retail Shares Offered | 14,01,000 (47.51%) |
| Total Shares Offered | 29,49,000 (100.00%) |
KHFM Hospitality IPO opens on March 22, 2019, and closes on April 4, 2019.
| IPO Open Date | Fri, Mar 22, 2019 |
| IPO Close Date | Thu, Apr 4, 2019 |
| Tentative Listing Date | Fri, Apr 12, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Apr 4, 2019 |
Investors can bid for a minimum of 3,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,08,000 |
| Retail (Max) | 1 | 3,000 | ₹1,08,000 |
| HNI (Min) | 2 | 6,000 | ₹2,16,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2006, Mumbai based KHFM Hospitality and Facility Management Services Limited provides integrated hospitality and facility management services to PSUs, MNCs, Railways, and other commercials. The company primarily offers Security Service, Horticulture & Gardening, Hospitality Services & Catering, and Facility Management services. It has a PAN India presence with site offices in 21 cities across 10 states.
The company works on an asset-light model where it maintains fewer capital assets as compared to the value of its working capital requirements. The majority of revenues of KHFM is generated from soft services such as Guest House Management & Catering, Hospitality Services, Facility Management, and housekeeping services.
KHFM Hospitality and Facility Management Services Limited obtain the majority of business through Tender Process which includes competitive bidding process. Some of the contracts of the company are with the government agencies and Government of India which may be affected by the change in government policies in future.
The competitive strengths of the company are:
• Experienced team with domain expertise
• 70% client retention for last 2-years
• Technological advancement
• Diversified service portfolio
• PAN India presence
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 30-Sep-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | |
| Total Assets | 5,781.62 | 5,159.34 | 4,060.44 | 3,742.04 | 3,331.94 | 3,332.17 |
| Total Revenue | 3,785.03 | 4,508.45 | 4,488.07 | 4,498.44 | 4,612.23 | 4,597.31 |
| Profit After Tax | 137.51 | 222.41 | 181.04 | 195.05 | 209.63 | 213.36 |
The Company KHFM Hospitality IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To meet working capital requirement | 10.00 |
| 2 | General Corporate Purpose | 0.26 |
[Dilip Davda] <p>Hospitality & Catering, Facility Management and Security Services segment is set to post CAGR of 16% to 20% by 2020 indicating bright prospects for this company. Investors may consider long term investment in this upcoming service sector company.</p> Read detail review...
KHFM Hospitality And Facility Management Services Limited has informed the Exchange that the issue closure date has been extended upto 04 April,2019. Price has been revised from Rs 38 to Rs 36 per share.
| Listing Date | April 12, 2019 |
| BSE Script Code | |
| NSE Symbol | KHFM |
| ISIN | INE00UG01014 |
| Final Issue Price | ₹36 per share |
| BSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹36.00 |
| Open | ₹36.50 |
| Low | ₹35.95 |
| High | ₹36.50 |
| Last Trade | ₹36.10 |
KHFM Hospitality & Facility Management Services Ltd.
01, Nirma Plaza, Makhwana Road
Marol Naka
Andheri (East)
Mumbai, Maharashtra, 400059
Phone: +91 22 2851 1234
Email: investorrelations@khfm.in
Website: http://www.khfm.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
KHFM Hospitality IPO is a SME IPO of 29,49,000 equity shares of the face value of ₹10 aggregating up to ₹10.62 Crores. The issue is priced at ₹36 per share. The minimum order quantity is 3000.
The IPO opens on March 22, 2019, and closes on April 4, 2019.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in KHFM Hospitality IPO using UPI as a payment gateway. Zerodha customers can apply in KHFM Hospitality IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in KHFM Hospitality IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The KHFM Hospitality IPO opens on March 22, 2019 and closes on April 4, 2019.
KHFM Hospitality IPO lot size is 3000, and the minimum amount required for application is ₹1,08,000.
You can apply in KHFM Hospitality IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for KHFM Hospitality IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the KHFM Hospitality IPO allotment status.
The KHFM Hospitality IPO listing date is on Friday, April 12, 2019.
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