Supreme Facility Management IPO Closed
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Schedule of Supreme Facility Management
| Issue open date | 11 Dec 2024 |
| Issue close date | 13 Dec 2024 |
| UPI mandate deadline | 13 Dec 2024 (5 PM) |
| Allotment finalization | 16 Dec 2024 |
| Refund initiation | 17 Dec 2024 |
| Share credit | 17 Dec 2024 |
| Listing date | 18 Dec 2024 |
| Mandate end date | 28 Dec 2024 |
| Lock-in end date for anchor investors (50%) | 15 Jan 2025 |
| Lock-in end date for anchor investors (remaining) | 16 Mar 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Supreme Facility Management
Supreme Facility Management Limited is an integrated business services provider specialising in Integrated Facility Management (IFM) and Support Services, catering to industries across multiple sectors. The IFM portfolio includes soft services like housekeeping, sanitisation, pest control, horticulture, and facade cleaning; hard services like electrical, plumbing, and HVAC maintenance; and staffing services to meet workforce needs. Support Services cover employee transportation, corporate catering, third-party logistics, and production support. With an annuity-based, asset-light model, we enhance business efficiency for our clients, leveraging people, processes, and technology to deliver sustainable and high-quality solutions.
Financials of Supreme Facility Management
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹50 crores |
| Fresh Issue | ₹50 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding working capital needs | 30 (60%) |
| Pursuing inorganic initiatives | 7.50 (15%) |
| General corporate purposes | 12.50 (25%) |
Strengths
- A diverse portfolio of services
- Longstanding relationship with customers with recurring business
- Wide presence with a large and efficient workforce
- Technology at the forefront of the business
- Highly experienced management team
Risks
- Non-renewals or lack of new customers may hurt the business
- Regional dependency exposes them to localised risks.
- Manpower issues can affect growth and finances.
- Losing major clients impacts profitability.
- Verification challenges risk customer trust.