Rikhav Securities Ltd Share Price

Rikhav Securities Limited was originally incorporated under the name Brijmohan Sagarmal Finance Limited vide Certificate dated March 21 1995 issued by the Additional Registrar of Companies Maharashtra. Subsequently the Company name was changed to Rikhav Securities Limited and a Fresh Certificate of Incorporation pursuant to change of name dated February 13 2006 was issued by Registrar of Companies Maharashtra Mumbai.The Company is engaged in the business of equity broking investing and trading activities. Their services deal in financial activities such as equity broking offer cash delivery intra day trading futures and options. They are further involved in trading across variousderivatives and commodity segments. Additionally as a SelfClearing Member of both the Indian Clearing Corporation Limited ICCL and NSE Clearing Limited NCL it ensure the smooth settlement of trades and assistance with IPO participation and demat account management. As a mutual fund advisor and distributor the Company guide clients through their investment options. The Company also engaged in the business of Market Making by way of supporting companies that have recently listed their securities on stock exchanges. By facilitating the buying and selling of these securities postinitial public offerings it enhance liquidity and market efficiency. Additionally the Company got registered with SEBI as a stock broker and hold memberships with BSE Limited BSE the National Stock Exchange of India NSE and the Multi Commodity Exchange MCX. It is also engaged in the business of Market Making in 2012 for newly listed securities and make proprietary investments in tradable securities and derivatives and registered with the National Stock Exchange NSE in 2016.The marketmaking activities involve providing twoway quotes during trading hours to ensure liquidity in the SME segment. The Company is also engaged in making proprietary investments in various tradable securities. It invest in both securities and derivatives currency with sufficient liquidity. The business model involves working with Authorized Persons APs who are registered in compliance with SEBI and stock exchange requirements. As part of their financial product distribution business Company serve a diverse clients by facilitating investments in financial instruments and providing a variety of wealth solutions.The Company is planning an IPO by raising capital aggregating upto 10328000 Equity Shares comprising a Fresh Issue of 8328000 Equity Shares and 2000000 Equity Shares Offer for Sale..