Supreme Facility Management IPO

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.

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 Details

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.

Supreme Facility Management IPO Objectives

The Company proposes to utilise the Net Proceeds towards funding the following object:

1. Funding their working capital requirements
2. Pursuing inorganic initiatives
3. General corporate purposes

About Supreme Facility Management

Incorporated in 2005, Supreme Facility Service Management 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:

Highly experienced Management team

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

Supreme Facility Management Financial Information

Supreme Facility Management IPO Reservation

Supreme Facility Management IPO Timeline (Tentative Schedule)

Supreme Facility Management IPO opens on December 11, 2024, and closes on December 13, 2024.