
Issue size of Rs 10 crore with 8,00,000 equity shares
New Delhi (India), February 7: Richa Info Systems Limited has announced a public issue of 8,00,000 equity shares of face value of Rs 10 each for cash at a price of Rs 125 per equity share, including a share premium of Rs 115 per equity share. The IPO opens on 9th February 2022 and closes on the 11th February 2022 and will subsequently be listed on NSE Emerge platform. The lead manager for the issue is Swastika Investmart Ltd and the issue advisor is Beeline Merchant Banking Private Ltd.
The object of the issue is to meet incremental working capital requirements and for general corporate purposes.
The company started its business from the office automation products and at present is engaged in assembling of innovative products and systems Integrator of multifaceted solutions of leading quality products like Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk, CCTV Cameras to esteemed customers in sectors like government, PSUs, Education, Defence. The company provides a wide choice of “Innovative Solutions”, providing service to Government organizations across India through Government e Marketplace (GeM).
Techno is a brand name of Richa Infosystems Limited working under the government’s initiative to support “Vocal for Local” with a commitment to provide a competitive advantage by making current operations efficient & cost-effective for Government PSU, Educational Institutes & all Organizations across the country. The company has added e-learning school content in its product portfolio from FY2021-22 and has developed content for classes from Standard 1 to Standard 12 (for science stream) for CBSE Board. The aim is to make video interactions, education systems, and surveillance more engaging and easily accessible to the mass.
Richa Info Systems is a well-diversified enterprise and has the advantage of vast experience and in-depth understanding of the industry. The company today has an excellent team that are professionally managed with positive growth plans.
The total revenue of the company was Rs 1,396.87 lakhs and the profit stood at Rs 48.57 lakhs as of November 2021.
The company is based in Gandhinagar and Mr. Tushar Dineshchandra Shah and Mrs. Hemaben Tushar Shah are the promoters of the company.
Receive and send emails through your temporary messaging system. Use our webmail or your favorite email software with our absolutely free disposable email. temp mail
648755 686000The total glance of your site is fantastic, let well as the content! 116213
799174 1776Pretty section of content material. I just stumbled upon your site and in accession capital to assert that I get in fact enjoyed account your blog posts. Any way Ill be subscribing to your feeds and even I achievement you access consistently quick. 1102
768970 218157Some really nice stuff on this internet site , I like it. 95572
704126 507115I like this internet site because so much utile stuff on here : D. 825856
419932 935859Does your weblog have a contact page? Im having a tough time locating it but, Id like to send you an e-mail. Ive got some suggestions for your blog you may be interested in hearing. Either way, fantastic web site and I appear forward to seeing it expand more than time. 487820
850381 686662Yay google is my world beater assisted me to discover this fantastic internet web site ! . 630713
233032 930413Oh my goodness! a fantastic post dude. Thanks Nonetheless My business is experiencing concern with ur rss . Do not know why Struggling to join it. Is there anybody acquiring identical rss issue? Anyone who knows kindly respond. Thnkx 267497
99735 208102Glad to be 1 of several visitants on this wonderful web web site : D. 137259
812288 236216This really is the proper blog for anybody who hopes to learn about this subject. You know a complete lot its almost tough to argue along (not that I in fact would wantHaHa). You surely put a whole new spin for a topic thats been written about for years. Great stuff, just great! 256802
293559 784037stays on topic and states valid points. Thank you. 428340
163496 601116Some genuinely fantastic info , Gladiola I detected this. 163180