KHFM Hospitality IPO – Issue Dates, Issue Price, Prospectus, Listing
KHFM Hospitality and Facility Management Services Limited, a Mumbai based hospitality and facility service provider, is issuing the IPO (Initial Public Offering). The company aims to raise a capital of Rs 11.21 crore through this IPO Issue. The KHFM Hospitality IPO will be issued from 22nd March 2019 to 27th March 2019. It will be issued at a price of Rs 38 per equity share where the premium price will be Rs 28 per equity share. The allocated equity shares will be listed on NSE SME (Emerge) platform for further trading.
KHFM Hospitality and Facility Management Services Limited was incorporated in the year 2006 in Mumbai Maharashtra. They are an integrated business service provider and who focus primarily on providing hospitality and facility services. Their services include mechanized housekeeping, guesthouse management, pest control, gardening and security service and many other. The company offers its services to the clients such as multi-national companies, government organizations, public sector undertakings etc. The 4 primary services provided by this company are Facility Management, Hospitality Services and Catering, Horticulture and Gardening, and Security Services. They are currently serving more than 70 clients through their services.
The company is promoted by Mr Ravindra Hegde and Ms Sujata Hegde. KHFM Hospitality and Facility Management Services is operating across 21 cities of 10 states. They have a workforce of more than 2,500 employees. As on 31st March 2018, the net asset of the company stands at Rs 5,159.34 lakhs and total revenue is Rs 4,508.45 lakhs
KHFM Hospitality IPO – Issue Details
|Type of Issue||Fixed Price Issue IPO|
|Issue Opens||22nd March 2019|
|Issue Closes||27th March 2019|
|Face Value||Rs 10|
|Issue Price||Rs 28-38 Per Equity share|
|Issue Size||29,50,000 equity shares Rs 11,21 crore()|
|Market Lot||3,000 Equity Shares|
|Minimum Order Quantity||3,000 Equity Shares|
|Listing||NSE SME (Emerge)|
KHFM Hospitality IPO – Objects of the Issue
The following are the objects of this upcoming issue by KHFM Hospitality and Facility Management Services Limited:-
- To meet the additional working capital requirement of the company.
- For the general corporate purpose
KHFM Hospitality and Facility Management Services Limited – Company Contact Details
Address of the Company:-
01, Nirma Plaza, Makhwana Road, Marol Naka, Andheri (East), Mumbai – 400059.
KHFM Hospitality IPO – Lead Manager to the Issue
The lead manager to this upcoming IPO Issue is Bonanza Portfolio Limited.
KHFM Hospitality IPO – Registrar to the Issue
KHFM Hospitality IPO – Issue Prospectus
Click here to read the IPO issue Draft Prospectus of KHFM Hospitality and Facility Management Services Limited.
Click here to read the final issue prospectus.
Disclaimer: This post is just information about the issue. It does not give any advice or recommendation. Investments into securities are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
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