Rithwik Facility Management Services Ltd IPO
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Rithwik Facility Management Services Limited is Chennai based company engaged in the business of integrated facilities & property management and equipment & assets management. It is also engaged in the business of billing management including raising of maintenance and energy invoices and managing collections of its clients
Date of establishment: Rithwik Facility Management Services Limited was incorporated in 2010
Product & Service Offering: Its products / services include:
1. Property Management / Facilities Management
2. Real Estate and other Asset Management and Maintenance
3. Billing and Collection Services
Promoters of Rithwik Facility Management Services ltd: Rithwik Rajshekar Raman and Niranjan Vyakarna Rao are the promoters of Rithwik Facility Management Services Limited.
Customer segment: It provides services to corporate customers and developers in Chennai and Coimbatore
Objects of the Issue: The objects of the Offer is to:-
- To Finance additional Working capital requirements
Company Financials:
Rithwik Facility Management's consolidated financial performance (in INR lakh) |
||||||
FY2013 |
FY2014 |
FY2015 |
FY2016 |
FY2017 |
Q1 FY2018 |
|
Total Assets |
794.78 |
749.16 |
899.80 |
1055.21 |
780.03 |
1101.51 |
Total revenue |
677.2 |
1,350.9 |
2,161.1 |
2,390.3 |
2,149.3 |
551.7 |
Total expenses |
689.0 |
1,286.1 |
2,067.2 |
2,312.3 |
2,019.8 |
538.2 |
Profit after tax |
-20.1 |
39.9 |
45.2 |
33.8 |
64.0 |
6.1 |