Supreme Facility Management IPO to Hit Dalal Street on December 11, Price Band at Rs 72-76 per Share

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Supreme Facility Management, a leading player in the facilities management industry, is set to launch its Initial Public Offering (IPO) on December 11. The company has announced a price band of Rs 72-76 per share for the offering, which will be available to investors for subscription until December 13.




The IPO aims to raise capital to support the company’s expansion plans, strengthen its market position, and provide an exit opportunity for some of its existing shareholders. Supreme Facility Management is known for providing a wide range of services, including housekeeping, security, maintenance, and other facility management solutions across various sectors.

Company’s Growth Strategy

The funds raised through the IPO will be used for enhancing operational capabilities, expanding its service offerings, and fulfilling working capital requirements. The company’s management has outlined a strategic plan to grow its footprint both domestically and in select international markets, capitalizing on the growing demand for professional facility management services.

Investment Highlights

Supreme Facility Management boasts a solid track record of revenue growth and a diversified client base. The company has established long-term relationships with some of the country's top companies, offering them tailored solutions to optimize their facilities management needs.

The IPO will also allow investors to tap into a sector that is seeing increased demand, driven by urbanization, growing commercial and residential infrastructure, and businesses looking to outsource non-core activities.

Subscription Details

The IPO opens on December 11 and closes on December 13, with shares priced between Rs 72 and Rs 76 per share. The company has set a target to raise up to Rs 250 crore through the public offering.

Analysts are optimistic about the potential of the IPO, citing the steady demand for facility management services and the company’s position in a growing market.

Investors interested in the Supreme Facility Management IPO will be able to apply through the online platforms and brokerages, with a minimum bid of 160 shares

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