Richesm Healthcare Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on February 7, 2025.
Richesm Healthcare Ltd. IPO was a Book Build Issue
The equity shares were proposed to be listed on the BSE SME. Khandwala Securities Ltd. was the book running lead manager and Skyline Financial Services Pvt.Ltd. was the registrar of the issue.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | [.] to [.] per share |
Lot Size | |
Sale Type | Fresh Capital |
Issue Type | Bookbuilding IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 1,74,37,701 shares |
Share Holding Post Issue | 2,37,24,101 shares |
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35.00% of the Net Issue |
NII Shares Offered | Not less than 15% of the Net Issue |
Description | Date |
---|---|
Filed with SEBI/Exchange | Mon, Aug 5, 2024 |
Offer document withdrawn | Fri, Feb 7, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2021, Richesm Healthcare Limited is engaged in the health, beauty, wellness, and nutrition sector, offering products through an omnichannel sales model. The company helps manufacturers, producers, and traders expand their reach via its "Sell with Us" program, supporting those with products like organic foods, sports nutrition, nutraceuticals, health foods and drinks, herbs, ayurveda, wellness, and beauty items.
Richesm Healthcare sells its products both online through its websites —www.richesm.com andwww.richesmagro.com — as well as on other major e-commerce platforms. It also runs offline sales through fulfillment centers, physical stores, and a B2B sales network in India and international markets.
The company’s main product categories include organic foods, over-the-counter medical supplies, nutraceuticals, ayurvedic supplements, FMCG products, and wellness and beauty items.
As of June 30, 2024, Richesm Healthcare Limited has 14 full-time employees and 7 contractual employees.
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 54.35 | 9.43 | 1.46 |
Total Income | 86.06 | 12.19 | 1.56 |
Profit After Tax | 17.41 | 0.73 | 0 |
Net Worth | 29.76 | 3.75 | 0.72 |
Reserves and Surplus | 12.33 | 3.3 | 0.31 |
Total Borrowing | 5.65 | 1.43 | 0.31 |
Amount in ₹ Crore |
Pre IPO | Post IPO | |
---|---|---|
EPS Rs | 9.98 | 7.34 |
The Company Richesm Healthcare IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (in Millions) |
---|---|---|
1 | Funding working capital requirements of the Company. | 264 |
2 | Inorganic Growth. | 30 |
3 | General corporate purposes. | |
4 | To meet the Issue expenses. |
Richesm Healthcare Ltd.
Office No. 1/54, 1st Floor,
Wave Silver Tower, Plot No. D-6, Sector 18, Noida,
Gautam Buddha Nagar, Noida, Uttar Pradesh, India
Noida, Uttar Pradesh, 201301
Phone: +91 9560576416
Email: cs@richesm.com
Website: http://www.richesm.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Richesm Healthcare IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Richesm Healthcare IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Richesm Healthcare IPO using UPI as a payment gateway. Zerodha customers can apply in Richesm Healthcare IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Richesm Healthcare IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Richesm Healthcare IPO dates are not announced. Please check back again after some time.
Richesm Healthcare IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Richesm Healthcare 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 Richesm Healthcare IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Richesm Healthcare IPO allotment status.
The Richesm Healthcare IPO listing date is not yet announced. The tentative date of Richesm Healthcare IPO listing is [.].
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