KHFM HOSPITALITY IPO is all about to make its debut on 22 March 2019 with issue size of INR 10.62 cr
KHFM Hospitality and Facilities Management Services Limited, a Mumbai-based company founded in 2006, offers integrated hospitality and facility management services to PSUs, MNCs, Railways, and other businesses. The company’s main services include security service, horticulture & gardening, catering & hospitality, and facility management. With site offices spread in 21 cities and 10 states, it is present all across India.
When compared to the value of its working capital needs, the company retains fewer capital assets under its asset-light business model. Soft services including guest house management & catering, hospitality services, facility management, and cleaning services account for the majority of KHFM’s revenues. The majority of KHFM Hotel and Facility Management Services Limited’s business comes from competitive bidding processes included in tender processes. A future change in government policies may have an impact on some of the company’s contracts with government organisations and the Government of India.
INDUSTRY OVERVIEW
According to the Central Statistics Organization (CSO) and International Monetary Fund (IMF), India has the fastest-growing major economy in the world. Over the next 10 to 15 years, India is anticipated to rank among the top three economic powers in the world thanks to its robust democracy and partnerships. The estimated GDP of India is grew 6.6% in 2017–18, and growth of 7.3% in 2018–19 is anticipated.
KHFM HOSPITALITY IPO Details
| IPO Date | Mar 22, 2019 to Apr 4, 2019 |
| Listing Date | Friday, April 12, 2019 |
| Face Value | ₹10 per share |
| Price | ₹36 per share |
| Lot Size | 3000 Shares |
| Issue Size | 2,950,000 shares of ₹10(aggregating up to ₹10.62 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
| 30-Sep-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | |
| Total Assets | 5,781.62 | 5,159.34 | 4,060.44 | 3,742.04 | 3,331.94 | 3,332.17 |
| Total Revenue | 3,785.03 | 4,508.45 | 4,488.07 | 4,498.44 | 4,612.23 | 4,597.31 |
| Profit After Tax | 137.51 | 222.41 | 181.04 | 195.05 | 209.63 | 213.36 |
Objects of the Issue
The following goals are where the Company plans to apply the Net Funds from the Issue:
1. Fulfilling increased working capital needs
2. Overarching Corporate Goals
KHFM HOSPITALITY IPO Prospectus
Company Contact Information
KHFM Hospitality and Facility Management Services Ltd
01, Nirma Plaza, Makhwana Road,
Marol Naka,
Andheri (East), Mumbai 400 059
Phone: +91 22 2851 1234
Email: investorrelations@khfm.in
Website: http://www.khfm.in/
KHFM HOSPITALITY IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
KHFM HOSPITALITY IPO Lead Manager(s)
- Bonanza Portfolio Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
