Closed Issues

Office #.922-A 9th Floor,P.J.Tower Dalal Street Fort,

Initial public offer of upto 1,03,28,000 equity shares of face value of (Rs) 5/- each (the "Equity Shares") of Rikhav Securities Limited ("the company" or "Rikhav" or "the Offeror") at an offer price of (Rs) 86.00 per equity share for cash, aggregating up to (Rs) 88.82 crores comprising of fresh offer of up to 83,28,000 equity shares aggregating to (Rs) 71.62 crores ("Fresh Offer") and an offer for sale of up to 20,00,000 equity shares by Ashapura Trading, Giriraj Trading, Nirmalaben Fatechand Sanghavi, Daksha Sharad Maniyar, Jayesh Mulchand Maniyar, Mukesh Jayantilal Sanghavi, Virali Girish Maniyar, Yash Jayesh Maniyar, Naity Sharad Maniyar, Sharad Mulchand Maniyar, Bharti Mukesh Sanghavi, Bhaven Vinod Pandya, Ketanbhai Arvindray Shah, Kishore Paramdas Vora, Nisarg Pradip Shah, Nita Chandrakant Lakhani and Aneri Mahesh Lakhani ("Selling Shareholders") aggregating to (Rs) 17.20 crores ("Offer for Sale") ("Public Offer"). The offer includes a reservation of 5,24,800 equity shares of face value of (Rs) 5/- each, at an offer price of (Rs) 86/- per equity share for cash, aggregating (Rs) 4.51 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. net offer of 98,03,200 equity shares of face value of (Rs) 5/- each, at an offer price of (Rs) 86/- per equity share for cash, aggregating upto (Rs) 84.31 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.97 % and 25.60 % respectively of the post-offer paid-up equity share capital of the company. The Issue Price is (Rs) 86 per equity share of face value of (Rs) 5/- each. The Issue Price is 17.20 times of the face value of the equity shares. Bid can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.