Supreme Facility Management IPO Detail: Open Date, Close Date, GMP, Price Band

Supreme Facility Management IPO subscription opens on Wednesday, December 11, 2024, and closes on Friday, December 13, 2024. It is a book-built issue worth up to Rs 50 crores of equity shares. This upcoming IPO is offering an entirely fresh issue of up to 65.79 lakh equity shares.

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Supreme Facility Management IPO Price Band

Supreme Facility Management IPO price band is Rs 72 to Rs 76 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,21,600 (76 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,43,200 (76 x 3200 shares).

Supreme Facility Management IPO GMP

Currently, Supreme Facility Management IPO GMP (grey market premium) is Rs 0. It is expected that the listing price can same as the allotment price that is Rs 76 per share. However, if the subscription is oversubscribed in upcoming time, then Supreme Facility Management IPO GMP may go up.

Supreme Facility Management Allotment Status

Supreme Facility Management IPO Allotment status will be available on its registrar Kfin Technologies Limited website on Monday, December 16, 2024, once the subscription ends after the closing of IPO bidding. The allotment status of investors who applied for IPO will be available on the registrar's website.

Supreme Facility Management Listing Date

Supreme Facility Management IPO listing date has been decided on Wednesday, December 18, 2024. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Supreme Facility Management IPO: Listing Date, Lot Size, Issue Size, Price Band

Supreme Facility Management IPO: About the Company

Supreme Facility Service Management Limited was incorporated in 2005 with a focus on integrated facility management services, including housekeeping, sanitization, pest control, staffing, employee transportation, and corporate food solutions.

Its services are mainly divided into facilities management (soft and hard services) and support services, with production support and food catering for corporate clients. The company boasts of over 10,798 billable employees as of September 30, 2024. The customized, technology-driven solutions for the clients ensure long-term partnerships and recurring revenue.

With its diversified service portfolio, strong client relationships across various industries, and a well-skilled workforce, the company is a leader in the sector. Advanced technology and an experienced management team drive the company to continue its offerings with efficiency and innovation across all its services.

Supreme Facility Management IPO Objectives

Supreme Facility Management IPO objectives includes that that the funding received from the fresh issue will be utilized to into working capital requirements, pursuing inorganic initiatives and into general corporate purposes.

Supreme Facility Management IPO: Key Dates, Allotment, Listing Date

Supreme Facility Management IPO Subscription Details, IPO Reservation

Supreme Facility Management IPO subscription reservations are as follows: not more than 10.01% of the net offer is reserved for Qualified Intuitional Buyers, not less than 45.01% of the net offer is reserved for the retail category and not less than 44.98% of the net offer is reserved for the HNI category.

Supreme Facility Management IPO Lot Size Details

Supreme Facility Management IPO lot size is set at 1600 shares per lot. The minimum funds required for retail investors to participate in this IPO is Rs 1,21,600 (76 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,43,200 (76 x 3200 shares).

Supreme Facility Management IPO Promoter Holdings

Supreme Facility Management IPO promoters are Lalasaheb Vitthalrao Shinde, Rajendra Lalasaheb Shinde and Manisha Rajendra Shinde. The promoter's combined shareholdings before the IPO were 97.29%; however, post-IPO, their shareholdings will decline to 71.51%.

Supreme Facility Management Limited Company Financials (Amt in Lakhs)

Lead Manager and Registrar of Supreme Facility Management IPO

The IPO is managed by Khandwala Securities Limited, which is the book-running lead manager for this public issue. The company has appointed Kfin Technologies Limited as the registrar for this public issue.

How to apply to the Supreme Facility Management IPO

Interested investors who wants to apply to the Supreme Facility Management IPO can directly apply from the Bigul trading app, or you can apply here. You can also check the details of other upcoming IPO on the Bigul platform.

Supreme Facility Management IPO FAQs

1. What are the core details available of the Supreme Facility Management IPO?

Supreme Facility Management IPO is a book-built issue worth up to Rs 50 crores. This upcoming IPO is entirely a fresh issue of up to 65.79 lakh equity shares of worth up to Rs 50 crores.

2. What is the Supreme Facility Management IPO open date and close date?

Supreme Facility Management IPO subscription opens on Wednesday, December 11, 2024, and closes on Friday, December 13, 2024.

3. What is Supreme Facility Management IPO GMP?

Currently, Supreme Facility Management IPO GMP (grey market premium) is Rs 0. It is expected that the listing price can same as the allotment price that is Rs 76 per share. However, if the subscription is oversubscribed in upcoming time, then Supreme Facility Management IPO GMP may go up.

4. How do you check the IPO Allotment status?

Supreme Facility Management IPO Allotment details are available on its registrar, Kfin Technologies Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who is the registrar and lead managers for Supreme Facility Management IPO?

The IPO is managed by Khandwala Securities Limited which is the book-running lead manager for this public issue. The company has appointed Kfin Technologies Limited as the registrar for this public issue.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between SME IPO and Mainline IPO?
• Everything You Need to Know About IPOs