Supreme Facility Management IPO is a book built issue of Rs 50.00 crores. The issue is entirely a fresh issue of 65.79 lakh shares.
Supreme Facility Management IPO opens for subscription on December 11, 2024 and closes on December 13, 2024. The allotment for the Supreme Facility Management IPO is expected to be finalized on Monday, December 16, 2024. Supreme Facility Management IPO will list on NSE SME with tentative listing date fixed as Wednesday, December 18, 2024.
Supreme Facility Management IPO price band is set at ₹72 to ₹76 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹121,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹243,200.
Khandwala Securities Limited is the book running lead manager of the Supreme Facility Management IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Supreme Facility Management IPO is Aftertrade Broking.
Refer to Supreme Facility Management IPO RHP for detailed information.
Supreme Facility Management IPO Details
| IPO Date | December 11, 2024 to December 13, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹72 to ₹76 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 6,579,200 shares (aggregating up to ₹50.00 Cr) |
| Fresh Issue | 6,579,200 shares (aggregating up to ₹50.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 18,250,000 |
| Share holding post issue | 24,829,200 |
| Market Maker portion | 329,600 shares Aftertrade Broking |
Supreme Facility Management IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 10.01% of the Net Issue |
| Retail Shares Offered | Not less than 45.01% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 44.98% of the Net Issue |
Supreme Facility Management IPO Timeline (Tentative Schedule)
Supreme Facility Management IPO opens on December 11, 2024, and closes on December 13, 2024.
| IPO Open Date | Wednesday, December 11, 2024 |
| IPO Close Date | Friday, December 13, 2024 |
| Basis of Allotment | Monday, December 16, 2024 |
| Initiation of Refunds | Tuesday, December 17, 2024 |
| Credit of Shares to Demat | Tuesday, December 17, 2024 |
| Listing Date | Wednesday, December 18, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 13, 2024 |
Supreme Facility Management IPO Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹121,600 |
| Retail (Max) | 1 | 1600 | ₹121,600 |
| HNI (Min) | 2 | 3,200 | ₹243,200 |
| Lot Size Calculator | |||
Supreme Facility Management IPO Promoter Holding
Lalasaheb Vitthalrao Shinde, Rajendra Lalasaheb Shinde and Manisha Rajendra Shinde are the promoters of the company.
| Share Holding Pre Issue | 97.29% |
| Share Holding Post Issue | 71.51% |
About Supreme Facility Management Limited
Incorporated in 2005, Supreme Facility Service Management Limited offers integrated facility management services, such as housekeeping and cleaning, disinfecting and sanitizing, staffing, and corporate food solution services to other businesses.
Its business is divided into 2 segments: Integrated Facilities Management and Support Services.
Their Portfolio of Integrated Facilities Management services:
- Soft Services: These include housekeeping and cleaning, disinfecting and sanitizing, pest control, gardening, and exterior building cleaning.
- Hard Services: These are services related to electrical, plumbing, and maintenance, as well as managing power equipment like generators and UPS systems.
- Staffing Service: This involves providing manpower or staffing based on the client’s needs for various support services.
Their Portfolio of Support Services:
- ET Services Segment: Employee transportation solutions primarily designed for corporate clients, addressing their employee commuting needs by providing pickup and drop-off services at designated points. This segment also offers shuttle and bus services.
- Production Support Service: A form of outsourcing where specific tasks or processes are handed over to external entities or contractors while maintaining overall control of the production process.
- Corporate Food Service Segment: Refers to providing food and related services within a corporate setting. These services are tailored to meet the dining requirements of employees, blue-collar workers, clients, and guests on company premises. This includes catering, cafeteria management, vending services, and event planning.
These services are designed for businesses and are usually offered yearly. Once a customer signs up, they can continue to earn revenue for a long time. The services are typically created and delivered through people, processes, and technology.
They have employed 10,935 personnel since September 30, 2024. Out of these total employees, They have over 10,798 employees of which billable personnel 137 are unbillable personnel on the payroll of the Company.
Their Competitive Strengths:
- Diverse portfolio of services
- Longstanding relationship with customers across diverse sectors, with recurring business
- Wide presence with large and efficient workforce coupled with strong recruitment capabilities
- Technology at the forefront of our current and future business
- Highly experienced Management team
Supreme Facility Management Limited Financial Information (Restated Consolidated)
Supreme Facility Management Limited’s revenue increased by 7.91% and profit after tax (PAT) rose by 33.8% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 20,321.59 | 17,552.35 | 14,771.76 | 11,533.51 |
| Revenue | 9,932.76 | 35,695.39 | 33,078.49 | 23,668.80 |
| Profit After Tax | 240.83 | 741.55 | 554.21 | 388.36 |
| Net Worth | 3,720.47 | 3,483.21 | 2,795.43 | 2,241.99 |
| Reserves and Surplus | 1,895.47 | 1,658.21 | 2,770.43 | 2,216.99 |
| Total Borrowing | 9,377.73 | 6,978.80 | 6,916.68 | 4,164.91 |
| Amount in ₹ Lakhs | ||||
Key Performance Indicator
The market capitalization of Supreme Facility Management IPO is Rs 188.7 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROCE | 23.10% |
| Debt/Equity | 2.49 |
| RoNW | 21.29% |
| P/BV | 3.98 |
| PAT Margin (%) | 2.09 |
Check Supreme Facility Management IPO Peer Comparison here.
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 4.06 | 3.88 |
| P/E (x) | 18.7 | 19.59 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of June 30, 2024 that is available in RHP.
Objects of the Issue (Supreme Facility Management IPO Objectives)
The Company proposes to utilise the Net Proceeds towards funding the following object:
- Funding their working capital requirements
- Pursuing inorganic initiatives
- General corporate purposes
Supreme Facility Management IPO Review (Apply)
[Dilip Davda] The company is enjoying niche place in integrated business services segment and is serving creamy clients like Tata Motors, Infosys, Bajaj group etc. It enjoys long term relationship with such customers. The company marked steady growth in its top and bottom lines. Based on FY25 annualized earnings, the issue appears fully priced. Investors may park funds for medium to long term. Read detail review…
Supreme Facility Management IPO Prospectus
Supreme Facility Management Limited Contact Details
Supreme Facility Management Limited
A-120,
Jai Ganesh Vision,
Akurdi, Pune 411035
Phone: +91 9637811000
Email: compliance@supremefacility.com
Website: https://supremefacility.com/
Supreme Facility Management IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: sfml.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/