IPO Issue Details
Issue Price / Price Band₹36 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size29,49,000 shares (aggregating up to ₹10.62 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 22 Mar 2019
Subscription CloseThu, 04 Apr 2019
Anchor AllotmentThu, 21 Mar 2019
Basis of AllotmentWed, 10 Apr 2019
Initiation of RefundsThu, 11 Apr 2019
Credit of Shares to DematThu, 11 Apr 2019
Listing DateFri, 12 Apr 2019
UPI Mandate Deadline2019-04-04
Application & Investment Details
Retail — Min (1 Lots)29,49,000 (100.00%) — 3,000 shares
Retail — Max (13 Lots)₹1,404,000 (13 Lots)
HNI — Min (2 Lots)₹2,16,000 — 6,000 shares
Net Offer to Public27,99,000 shares (aggregating up to ₹10.08 Cr)
Reserved for Market Maker1,50,000 shares (aggregating up to ₹0.5400 Cr)
Pre-IPO Promoter Holding67,50,000 shares
Post-IPO Promoter Holding97,00,000 shares
About KHFM Hospitality & Facility Management Services Ltd.
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
Objects of the Issue
KHFM Hospitality & Facility Management Services Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To meet working capital requirement
10.00
2
2 General Corporate Purpose
0.26
Shareholding & Lock-in
Pre-IPO Promoter Holding
67,50,000 shares
Post-IPO Promoter Holding
97,00,000 shares