Supreme Facility Management IPO is a book-built issue worth ₹50.00 crores. The entire issue comprises a fresh issue of 65.79 lakh shares.
The subscription for the Supreme Facility Management IPO will open on December 11, 2024, and close on December 13, 2024. The allotment of shares is expected to be finalized on Monday, December 16, 2024. The IPO is scheduled to list on the NSE SME platform, with a tentative listing date set for Wednesday, December 18, 2024.
Supreme Facility Management operates in the facility management sector. They provide a wide range of integrated services, including housekeeping, cleaning, staffing, corporate food solutions, and supply chain management. Their clients come from diverse industries such as IT/ITES, healthcare, hospitality, automotive, logistics, retail, and e-commerce.
The price band for Supreme Facility Management IPO is set between ₹72 and ₹76 per share. Investors must apply for a minimum lot size of 1,600 shares, which requires a minimum investment of ₹121,600 for retail investors. High Net-worth Individuals (HNIs) must invest in at least two lots, or 3,200 shares, amounting to ₹243,200.
Khandwala Securities Limited is the book-running lead manager for this IPO, while Kfin Technologies Limited serves as the registrar. Aftertrade Broking is the designated market maker for the Supreme Facility Management IPO.
Supreme Facility Management IPO Details:
| Company Name | Supreme Facility Management Limited |
| Sector | Facility Management |
| IPO Type | SME |
| IPO Open date | 11th Dec 2024 |
| IPO Close date | 13th Dec 2024 |
| OFS | |
| Listing Exchanges | NSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
Supreme Facility Management IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 1600 | 1,21,600 |
| HNI (Min) | 2 | 3200 | 2,43,200 |
Supreme Facility Management IPO Timeline:
| IPO Open Date | 11th Dec 2024 |
| IPO Close Date | 13th Dec 2024 |
| Basis of Allotment | 16th Dec 2024 |
| Refund Initiation Date | 17th Dec 2024 |
| Shares Credit to Demat | 17th Dec 2024 |
| Listing Date | 18th Dec 2024 |
Things to Consider before applying for an IPO
Financial Performance: Review Supreme Facility Management’s Financials to understand its revenue, profitability, and growth prospects.
Industry Outlook: Consider the overall health of India’s Facility Management Industry.
Valuation: Compare the price band to similar companies in the industry to see if the IPO is priced fairly.
Management Team: Research the experience and capabilities of the management team.
Our Verdict
This IPO offers a good opportunity to invest in Supreme Facility Management and be a part of its growth.
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
