Khfm Hospitality Rights Issue will open for subscription from 27 February 2023. the company aims for an issue size of ₹24.05 Crores through this rights Issue.
About the company
Established in 1983, Khfm Hospitality And Facility Management Services Limited started as a small entity in Mumbai. They offered housekeeping and janitorial services to discerning clients. And as of today, the company has evolved into one of the largest Facility Management services across India.
The wide range of services offered by Khfm Hospitality are:
- Book Online for Cleaning Services
- Facility Management Services
- Hospitality Management Services
- Guest House Management
- Gardening Services
- House Keeping Services
- Solid Waste Management
- Security Services in India
- Building Management Services
- Hospital Services, Mumbai
- Pest Control Services
- Cleaning Services
Khfm Hospitality And Facility Management Services Limited is an ISO 9001-2008, ISO 14000, and ISO 18000 certified integrated facility management company. The company enables its employees to learn through specific on-site & off-site job training in order to ensure high-quality services and facilities to the end customers.
This 35-year-old organization has grown tremendously over the years with its High-quality professional service. The company is equipped with the latest machinery for all kinds of jobs & trained manpower to cater efficiently. Khfm diversified its operations over time to include various segments which needed attention.
Objectives of the Issue
- Meeting additional Working Capital Requirement
- To meet Issue Expenses
- General Corporate Purposes.
Rights Issue Timetable
| Last Date to buy shares | 09 February 2023 |
| Record Date | 10 February 2023 |
| Credit of Rights Entitlements | 17 February 2023 |
| Bid/Offer Opens On | 27 February 2023 |
| Renunciation of Rights Entitlements | 08 March 2023 |
| Bid/Offer Closes On | 15 March 2023 |
| Deemed Date of Allotment | 23 March 2023 |
| Credit Date | 24 March 2023 |
| Listing Date | 27 March 2023 |
Khfm Hospitality Rights Issue Details
| Issue Open | Feb 27, 2023 – Mar 15, 2023 |
| Security Name | Khfm Hospitality And Facility Management Services Limited |
| Issue Size (Shares) | 10,022,299 |
| Issue Size (Amount) | ₹24.05 Crores |
| Issue Price | ₹24 per share |
| Face Value | ₹10 per share |
| Listing At | NSE |
| Terms of Payment | The entire amount of Rs. 24 of the rights issue price is payable on application. |
| Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 94.47 | 115.39 | 3.26 |
| 31-Mar-22 | 86.65 | 97.05 | -19.21 |
Rights Issue Documents
- Letter of offer
- Application form
Lead Manager(s)
Rights Issue Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: rightsissue@bigshareonline.com
Website: https://www.bigshareonline.com/
Company Contact Information
Khfm Hospitality And Facility Management Services Limited
01, “Nirma Plaza”, Makhwana Road,
Marol Naka,
Andheri (East), Mumbai – 400 059
Phone: +91 9987870000
Email: sales@khfm.in
Website: https://www.khfm.in/
Final Thoughts
Applying for the rights issue is purely a personal choice. make sure you make a detailed study about the company and rights issue before you make an investment decision.
Happy investing
