Supreme Facility Management Ltd IPO
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Supreme Facility Management Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 65.79 L | TBA | ₹ 28.13 L | ₹ 177.55 L | NSE | ₹ 50 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 11 Dec, 24 | 13 Dec, 24 | 1600 | ₹ 1,15,200 | Book Building - SME | 18 Dec, 24 |
Supreme Facility Management Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 1.06x | 625600 | 662400 |
| NII | 1.45x | 2811200 | 4080000 |
| Retail | 7.61x | 2812800 | 21396800 |
| Employee | 0x | 0 | 0 |
| Total | 3.97x | 6579200 | 26139200 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Supreme Facility Management Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 355.39 | 329.59 | 236.01 |
| EBITDA | 23.86 | 21.22 | 17.31 |
| PAT | 3.48 | 5.05 | 3.45 |
| Total Assets | 106.61 | 86.26 | 64.22 |
| Share Capital | 18.25 | 0.25 | 0.25 |
| Total Borrowings | 14.61 | 12.17 | 31.08 |
| Operating Activities (Net Cash) | 13.05 | 12.60 | 9.84 |
| Investing Activities (Net Cash) | 4.92 | 5.26 | 5.52 |
| Financing Activities (Net Cash) | 14.61 | 12.17 | 31.08 |
| Net Cashflow | 2.64 | 2.77 | 0.74 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Supreme Facility Management Ltd
Our Company was incorporated on May 19, 2005 as 'Supreme Facility Management Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 19, 2005 issued by the Registrar of Companies, Pune. Subsequently, our Company was converted to a public limited company, pursuant to a special resolution passed by the shareholders of our Company at the Registered Office general meeting held on February 9, 2024 and the name of our Company was changed from Supreme Facility Management Private Limited to Supreme Facility Management Limited, pursuant conversion from private to public company and a fresh certificate of incorporation dated March 1, 2024 issued by the Registrar of Companies.
IFM market in India has been growing steadily over the last decade and is set to witness significant growth momentum over the next 5 years. According to industry reports, the market was valued at around INR 90 Thousand Crores in 2023 and is expected to reach 190 Thousand Crores by 2029, growing at a compound annual growth rate (CAGR) of approximately 14%. In India out of the Facility Market 39% of the business are in Outsourced model to Third party facility Management Companies. The facility management market in India has been growing significantly in recent years. Facility management refers to the professional management of facilities such as manufacturing Hubs, office buildings, shopping malls, hospitals, hotels, airports, and educational institutions to ensure their efficient operation and maintenance. In India 39% of the business are in Outsourced model to Third party facility Management Companies in 2023 which will increase as there is increase in the Demand for IFM Services to 50% by 2029.
We are an integrated business services provider focused in offering Integrated Facility Management (IFM) services and other Support Services (Support Services) to industries across multiple sectors. Our IFM service portfolio broadly includes (i) soft services such as housekeeping and cleaning services, disinfecting and sanitizing services, pest control, horticulture, and facade cleaning; (ii) hard service such as maintenance, repair, overhaul and performance management of electrical, plumbing and maintenance services (iii) Staffing Service where we supply the workforce for various support service; Our Support Services portfolio broadly includes (i) Employee Transportation (ET) services whereby we provide transportation services for the employees of our clients; (ii) Corporate Food Solution Services (CFSS) whereby we offer catering services for employees of our corporate clients; (iii) Supply Chain Management Services (SCM) whereby we provide Third-party logistics (3PL) service for our clients and (iv) Production Support Services (PSS) whereby we supplying the workforce to the manufacturing companies for production, material handling, and maintenance. In catering our clients with our service portfolio, we are supported by our Subsidiaries and Associate.
Peer Comparison:
- No Listed Industry Peers
Supreme Facility Management Ltd IPO Key Points
Strengths
- Comprehensive range of service offerings providing one-stop solution to customers; Focused business model which is well-positioned to capture favourable industry dynamics.
- Longstanding relationship with customers across diverse sectors, with recurring business.
- Wide geographic presence with large and efficient workforce, coupled with strong recruitment and training capabilities.
- Historical track-record of strong financial performance, with a scalable, agile and efficient business model.
- Strong knowledge and expertise of our promoters.
Risk
- The company's business could be adversely affected if its customers fails to renew their contracts with the company or its fail to acquire new customers.
- Operational risks are inherent in its business as it includes rendering services in contrasting environments. A failures to manage such risks including any errors, defects or disruption in its service or inability to meet expected or agreed service standards, could have an adverse impact on its business, cash flows, results of operations and financial condition.
- Its business revenue from operations is concentrated in a few business segments.
Strategy
- Retain, strengthen and grow customer base with a focus on deepening relationships with existing customers.
- Grow market share in key segments.
- Introduce new products and services catering to existing and new customer segments.
- Pursue inorganic growth through strategic acquisitions of high margin businesses supplemental to our operations.
- Continue to improve operating margins.
- Comprehensive range of service offerings providing one-stop solution to customers; Focused business model which is well-positioned to capture favourable industry dynamics.
- Longstanding relationship with customers across diverse sectors, with recurring business.
- Wide geographic presence with large and efficient workforce, coupled with strong recruitment and training capabilities.
- Historical track-record of strong financial performance, with a scalable, agile and efficient business model.
- Strong knowledge and expertise of our promoters.
How To Apply for Supreme Facility Management Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.