Supreme Facility Management IPO
- IPO Date11 Dec, 2024 to 13 Dec, 2024
- Listing Date18 Dec, 2024
- Face Value₹10 per share
- Issue Price₹72 to ₹76 per share
- Lot Size1600 Shares
- Minimum Investment₹1,21,600
- Listing AtNSE SME
- Total Issue Size65,79,200 Shares
(aggregating up to ₹50.00 Cr) - Fresh Issue65,79,200 Shares
(aggregating up to ₹50.00 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,82,50,000
- Shareholding post issue2,48,29,200
IPO Dates
Closing Date
13 Dec, 2024
Initiation of Refunds
17 Dec, 2024
Listing Date
18 Dec, 2024
11 Dec, 2024
Opening Date
16 Dec, 2024
Basis of Allotment
17 Dec, 2024
Credit of Shares
Supreme Facility Management Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Min) | 2 | 3200 | ₹2,43,200 |
| Retail (Min) | 1 | 1600 | ₹1,21,600 |
| B-HNI (Min) | - | - | - |
| Retail (Max) | 1 | 1600 | ₹1,21,600 |
| S-HNI (Max) | - | - | - |
Supreme Facility Management Promoter Holding
Lalasaheb Vitthalrao Shinde, Rajendra Lalasaheb Shinde and Manisha Rajendra Shinde are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 97.29% | 71.51% |
Supreme Facility Management COMPANY INFORMATION
Supreme Facility Management IPO is a book built issue of Rs 50.00 crores. The issue is entirely a fresh issue of 65.79 lakh shares. Supreme Facility Management IPO opens for subscription on December 11, 2024 and closes on December 13, 2024. The allotment for the Supreme Facility Management IPO is expected to be finalized on Monday, December 16, 2024. Supreme Facility Management IPO will list on NSE SME with tentative listing date fixed as Wednesday, December 18, 2024. Supreme Facility Management IPO price band is set at ₹72 to ₹76 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹121,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹243,200. Khandwala Securities Limited is the book running lead manager of the Supreme Facility Management IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Supreme Facility Management IPO is Aftertrade Broking. Refer to Supreme Facility Management IPO RHP for detailed information.
Incorporated in 2005, Supreme Facility Service Management Limited offers integrated facility management services, such as housekeeping and cleaning, disinfecting and sanitizing, staffing, and corporate food solution services to other businesses.
Its business is divided into 2 segments: Integrated Facilities Management and Support Services.
Their Portfolio of Integrated Facilities Management services:
- Soft Services: These include housekeeping and cleaning, disinfecting and sanitizing, pest control, gardening, and exterior building cleaning.
- Hard Services: These are services related to electrical, plumbing, and maintenance, as well as managing power equipment like generators and UPS systems.
- Staffing Service: This involves providing manpower or staffing based on the client's needs for various support services.
Their Portfolio of Support Services:
- ET Services Segment: Employee transportation solutions primarily designed for corporate clients, addressing their employee commuting needs by providing pickup and drop-off services at designated points. This segment also offers shuttle and bus services.
- Production Support Service: A form of outsourcing where specific tasks or processes are handed over to external entities or contractors while maintaining overall control of the production process.
- Corporate Food Service Segment: Refers to providing food and related services within a corporate setting. These services are tailored to meet the dining requirements of employees, blue-collar workers, clients, and guests on company premises. This includes catering, cafeteria management, vending services, and event planning.
These services are designed for businesses and are usually offered yearly. Once a customer signs up, they can continue to earn revenue for a long time. The services are typically created and delivered through people, processes, and technology.
They have employed 10,935 personnel since September 30, 2024. Out of these total employees, They have over 10,798 employees of which billable personnel 137 are unbillable personnel on the payroll of the Company.
Their Competitive Strengths:
- Diverse portfolio of services
- Longstanding relationship with customers across diverse sectors, with recurring business
- Wide presence with large and efficient workforce coupled with strong recruitment capabilities
- Technology at the forefront of our current and future business
- Highly experienced Management team
Supreme Facility Management IPO
IPO Overview and Key Highlights
Supreme Facility Management, a Pune-based leader in integrated facility management services, is offering its Initial Public Offering (IPO). The IPO includes a fresh issue of 65,79,200 equity shares at a face value of Rs 10 each. The IPO aims to raise funds for working capital needs, business expansion, and other corporate purposes. Shares will be listed on the NSE EMERGE Platform?.
Key IPO Details
- Type of Issue: 100% Book Built Issue
- Total Issue Size: 65,79,200 equity shares
- Face Value: Rs 10 per share
- Offer Opens: December 11, 2024
- Offer Closes: December 13, 2024
- Listing Exchange: NSE EMERGE
Company Overview
Established in 2005 and headquartered in Pune, Supreme Facility Management provides a wide range of facility management services, including housekeeping, pest control, and security. The company has a strong operational presence across multiple industries, such as healthcare, IT, and retail. Its promoters, Lalasaheb Vitthalrao Shinde, Rajendra Lalasaheb Shinde, and Manisha Rajendra Shinde, bring decades of experience in operations and management?.
Financial Overview
The company has shown consistent revenue growth supported by demand for integrated facility management solutions. IPO proceeds are expected to fund working capital, expand operations, and invest in advanced technology to enhance service delivery.
Key Strengths of Supreme Facility Management
- Experienced Leadership: Led by promoters with proven expertise in facility management.
- Comprehensive Service Portfolio: Offers diverse solutions tailored to various industries.
- Sectoral Growth: Positioned to capitalize on the increasing demand for professional facility services?.
IPO Pros and Cons
Pros
- Growing Market: Rising demand for professional facility management in India.
- Operational Focus: Proceeds will enhance operational capacity and improve service offerings.
- Established Client Base: Strong partnerships across industries ensure recurring revenue?.
Cons
- Regulatory Dependencies: Subject to compliance with labor and environmental regulations.
- Economic Sensitivity: Revenue tied to industries such as IT and retail, which are sensitive to market conditions.
- First Public Issue: Uncertainty about post-listing performance of equity shares?.
Risk Factors
Potential investors should consider the following risks:
- Economic Volatility: Dependency on economic and industry-specific cycles.
- Operational Challenges: Expanding geographically while maintaining quality.
- Market Competition: Faces competition from other facility management service providers.
Conclusion
The Supreme Facility Management IPO provides an opportunity to invest in a growing company within the integrated facility management sector. Its experienced leadership, comprehensive service offerings, and established client base make it a promising investment. However, investors should weigh risks related to market conditions, regulatory compliance, and operational challenges before making a decision.
FAQs About Supreme Facility Management Ipo
Supreme Facility Management IPO will open on 11 Dec, 2024 and close on 13 Dec, 2024. Investors must apply within this period to participate.
The Supreme Facility Management IPO price band is set between ₹72.00 and ₹76.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹121600.00.
The Supreme Facility Management IPO shares are expected to be listed on 18 Dec, 2024, subject to regulatory approvals and final allotment.
You can track your Supreme Facility Management IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Supreme Facility Management IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.