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Supreme Facility Management latest news

On 18th December 2024, the scrip is listed at Rs. 75, at small discount over the issue price of Rs. 76.

Supreme Facility Management IPO allotment Link

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Subscription status of Supreme Facility Management IPO

Supreme Facility Management IPO (Closed)

Price Rs. 76 Lot 1600 shares, Rs. 50.00 Crore

QIB NII x RII x Total x Applications
8.24 15.70 42.50 27.01 81,914
Amount wise bids recd. Rs. ? Crore
Note: 

What is the business of Supreme Facility Management?

Incorporated in 2005, Supreme Facility Service Management Limited provides comprehensive facility management services, including housekeeping and cleaning, disinfecting and sanitizing, staffing, and corporate food solutions, catering to businesses across various industries.

The company operates through two main segments: Integrated Facilities Management and Support Services.

Integrated Facilities Management Portfolio:

  • Soft Services: These encompass housekeeping, cleaning, disinfecting and sanitizing, pest control, gardening, and exterior building cleaning.
  • Hard Services: These services cover electrical, plumbing, and maintenance work, as well as managing power equipment such as generators and UPS systems.
  • Staffing Services: This involves providing manpower and staffing solutions based on clients’ needs for various support services.

Support Services Portfolio:

  • Employee Transportation (ET) Services: This segment offers transportation solutions primarily for corporate clients, including employee pickup and drop-off services at designated points, along with shuttle and bus services.
  • Production Support Services: A form of outsourcing where specific tasks or processes are delegated to external contractors, while the company retains overall control of the production process.
  • Corporate Food Services: These services include catering, cafeteria management, vending services, and event planning to meet the dining needs of employees, blue-collar workers, clients, and guests within a corporate environment.

These services are typically contracted on an annual basis, providing long-term revenue streams once a customer signs on. They are delivered through a combination of people, processes, and technology.

As of September 30, 2024, Supreme Facility Service Management Limited employs 10,935 personnel, of which 10,798 are billable employees and 137 are unbillable staff members on the company payroll.

Get more information about the company

Supreme Facility Management IPO Details

IPO opens on  11 December 2024
IPO closes on  13 December 2024
Issue Type Book Built Issue IPO
Issue Size 6579200 Shares /
Rs 50.00 Crore
* Fresh Issue 6579200 Shares /
Rs 50.00 Crore
* Offer for Sale – – shares /
Rs. – crore
Market Maker Portion 329600 Shares
Net offer to Public 6249600 Shares/
Rs.47.50 Crore
Face Value per share Rs. 10
Price Band Rs. 72-76
Employee discount  Rs. 0 per share
Retail Lot Size  1600 Shares
Listing will at  NSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (10.01%) 625585 4.75
NII  (44.98%) 2811070 21.36
RII  (45.01%) 2812945 21.39
Total Shares  6249600 47.50
Retail portion will be
oversubscribed by 
1758
Forms
How much Shares to Apply in this IPO?
Min Retail Application 1600 Shares Rs.121600
Min HNI Application  3200 Shares Rs.243200

Who are the Promoters of Supreme Facility Management?

Lalasaheb Vitthalrao Shinde, Rajendra Lalasaheb Shinde and Manisha Rajendra Shinde are the promoters of the company.

What are the Objects of Supreme Facility Management IPO?

The Offer comprises of fresh issue of shares.

The Company proposes to utilise the Net Proceeds towards funding the following object:

  1. Funding their working capital requirements
  2. Pursuing inorganic initiatives
    3. General corporate purposes

Tentative timetable

IPO opens on 11 December 2024
IPO Closes on 13 December 2024
IPO Allotment on  16 December 2024
Refund Initiation  17 December 2024
Credit of Shares 17 December 2024
Listing on 18 December 2024
Registered Office of the Company
Supreme Facility Management Limited
A-120,
Jai Ganesh Vision,
Akurdi, Pune 411035
Who is the Lead Manager of this IPO?
Khandwala Securities ltd

Who is the Registrar to IPO?
Kfin Technologies ltd

Supreme Facility Management IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Supreme Facility Management IPO Financial & Analytical Ratios

Year Total
Income
Net
Profit
EPS RoNW
  Rs.in Crore Rs.in Crore Rs. %
2021-22 236.68 3.88 2.13 17.32
2022-23 330.78 5.54 3.04 19.83
2023-24  356.95 7.42 4.06 21.29
Book Value of the
Share on 31.03.2024
Rs 19.08    
BV of the Share at
cap price after IPO
Rs.      
Offer Price/upper band Rs. 76    

Key Performance
indicators

Price/EPS of 23-24 18.72
Price/BV Ratio 3.98
Debt/Equity Ratio


How Supreme Facility Management IPO
compares with the Peers?

There are no like to like comparable listed companies in India that are engaged in all aspects of the business that it operates. Accordingly, it is not possible to provide an industry comparison in relation to the Company.

 

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Supreme Facility Management IPO Review

+ from fundamental angle: May Apply
+ from grey market angle: ?

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