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Rikhav Securities SME IPO Subscription

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Updated 22 January 2025, 9:15 AM IST· BSE SME

Rikhav Securities SME IPO subscription closed on 17 January 2025 at 307.00x overall by shares. QIB demand came in at 170.92x, NII at 616.44x, and retail at 251.36x. See Retail, SHNI, and BHNI allotment chances in the…

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Allotment date is 20 January 2025. Listing date on NSE and BSE is 22 January 2025.

Issue Price
Rs 86.00
GMP Today
Rs 96.00 (+111.63%)
Overall Sub
307.00x
Issue Size
₹88.82 Cr
Allotment
20 Jan 2025
Listing
22 Jan 2025

Rikhav Securities SME IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 15 Jan 20250.00x7.57x13.66x8.47x
Day 2 - 16 Jan 20250.87x28.42x59.41x36.12x
Day 3 - 17 Jan 2025170.92x616.44x251.36x307.01x

Rikhav Securities SME IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Rikhav Securities SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail (IND)251.36x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Rikhav Securities SME IPO Allotment Status page from 20 January 2025 for your result.

Rikhav Securities SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 86.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 16.81 CrRs 2,873.98 Cr170.92x
NIIRs 12.73 CrRs 7,845.99 Cr616.44x
INDRs 29.65 CrRs 7,453.42 Cr251.36x
TotalRs 59.20 CrRs 18,173.40 Cr307.01x

Rikhav Securities SME IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB19,55,20033,41,84,000170.92x
NII14,80,00091,23,24,800616.44x
IND34,48,00086,66,76,800251.36x
Total68,83,2002,11,31,85,600307.01x

What Do These Subscription Numbers Mean?

307.00x overall by shares means bids covered about 307 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 170.92x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (616.44x by shares). SHNI and BHNI allotment is by lottery.

Retail at 251.36x by shares. Exact lottery chances need application data.

Rikhav Securities SME IPO GMP After Subscription

GMP for Rikhav Securities SME stands at Rs 96.00 today, giving an estimated listing price of Rs 182.00 per share.

A subscription of 307.00x combined with a GMP of 111.63% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Rikhav Securities SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Rikhav Securities SME IPO Key Dates

EventDate
IPO Open Date15 January 2025
IPO Close Date17 January 2025
Allotment Date20 January 2025
Refund Initiation21 January 2025
Share Credit to Demat21 January 2025
Listing Date22 January 2025
Minimum InvestmentRs 2,75,200.00
Lot Size1600 shares

About Rikhav Securities SME

Rikhav Securities Limited is a financial services company in India that offers brokerage, investing, and banking services. The company is registered with SEBI as a stockbroker and holds memberships with BSE Limited (BSE), the National Stock Exchange of India (NSE), and the Multi Commodity Exchange (MCX). The company's services include equity broking, cash delivery, intra-day trading, futures, and options.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

IND - Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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Rikhav Securities SME IPO Subscription FAQs

What is Rikhav Securities SME IPO subscription status today?

Rikhav Securities SME IPO subscription closed on 17 January 2025 with overall subscription of 307.00x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 170.92x, NII 616.44x, IND 251.36x.

What is the overall subscription of Rikhav Securities SME IPO?

Rikhav Securities SME IPO is subscribed 307.00x overall by shares at close on 17 January 2025. QIB 170.92x, NII 616.44x, and IND 251.36x.

What is Rikhav Securities SME IPO QIB subscription?

Rikhav Securities SME IPO QIB (Qualified Institutional Buyers) subscription is 170.92x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Rikhav Securities SME IPO IND subscription?

Rikhav Securities SME IPO IND subscription is 251.36x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is Rikhav Securities SME IPO NII, SHNI, and BHNI subscription?

Rikhav Securities SME IPO NII subscription is 616.44x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Rikhav Securities SME IPO retail allotment chances?

Rikhav Securities SME IPO retail share subscription is 251.36x. Application data is needed for exact lottery chances.

What are Rikhav Securities SME IPO SHNI allotment chances?

Rikhav Securities SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are Rikhav Securities SME IPO BHNI allotment chances?

Rikhav Securities SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

When is Rikhav Securities SME IPO allotment date?

Rikhav Securities SME IPO allotment date is 20 January 2025. Check Rikhav Securities SME IPO Allotment Status on IPOwiz from that day using your PAN.

When does Rikhav Securities SME IPO subscription close?

Rikhav Securities SME IPO subscription closed on 17 January 2025. No new applications are accepted after the close.

What is Rikhav Securities SME IPO GMP today?

Rikhav Securities SME IPO GMP is ₹96 today (+111.63% over issue price ₹86). See live GMP on the Rikhav Securities SME IPO GMP Today page.

What is Rikhav Securities SME IPO issue price and lot size?

Rikhav Securities SME IPO issue price is ₹86 per share. Lot size is 1600 shares. Minimum investment is ₹2,75,200 per lot (minimum 2 lots for SME). Issue size: ₹88.82 Cr.

When is Rikhav Securities SME IPO listing date?

Rikhav Securities SME IPO listing date is 22 January 2025 on NSE and BSE. Allotment is on 20 January 2025.

How does subscription affect Rikhav Securities SME IPO allotment?

In Rikhav Securities SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 307.00x overall, competition is very high.

For allotment results from 20 January 2025, visit the Rikhav Securities SME IPO Allotment Status page. For listing day updates on 22 January 2025, download the IPOwiz App.

Sources

We match Rikhav Securities SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.