Akme Fintrade India
Akme Fintrade India Info
Details about the Akme Fintrade India IPO. Opening Date of Akme Fintrade India is 19 Jun 24 and Closing Date is 21 Jun 24 . Face Value of Each share of Akme Fintrade India is ₹10 per share. Price band of Akme Fintrade India is ₹114 to ₹120. The Lot size of Akme Fintrade India is 125 shares. Total issue size of Akme Fintrade India IPO is ₹132 cr. Fresh Issue of Akme Fintrade India IPO is 132 cr. This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Akme Fintrade India is -. Share Holding Post Issue of Akme Fintrade India is -.
Business Summary
Aasaan Loan is a non-banking finance company (“NBFC”) incorporated in the year 1996 registered with the Reserve Bank of India as a Non-systemically important non-deposit taking company with over two decades of lending experience in rural and semi-urban geographies in India.
Aasaan Loan is primarily engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of the rural and semi-urban populace. Aasaan Loan's portfolio includes Vehicle Finance and Business Finance Products to small business owners.
Akme Fintrade India IPO Details
Akme Fintrade India IPO Timeline
The Akme Fintrade India Initial Public Offering (IPO) is set to open on 19 Jun 24 and will end its subscription phase on 21 Jun 24. You can check your allotment status for Akme Fintrade India on 24 Jun 24. The refund process for your funds will start promptly on 25 Jun 24. Akme Fintrade India IPO credit of shares will be on 25 Jun 24. The listing date for Akme Fintrade India is on 26 Jun 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Akme Fintrade India IPO Reservation
The Akme Fintrade India IPO reserves shares for different investor categories. Approximately Not more than 50.00% of the Net offer will be available for QIB, Not less than 35% of the Net Issue will be available for NII, Not less than 15% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50.00% of the Net offer |
| NII | Not less than 35% of the Net Issue |
| Retail | Not less than 15% of the Net Issue |
Akme Fintrade India IPO Lot Size
Bids can be made for minimum of 125 shares and in multiple of 125 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 125 | 15,000 |
| Retail (Max) | 13 | 1,625 | 195,000 |
| S-HNI (Min) | 14 | 1,750 | 210,000 |
| S-HNI (Max) | 66 | 8,250 | 990,000 |
| B-HNI (Min) | 67 | 8,375 | 1,005,000 |
Akme Fintrade India IPO Promoters Holding
Promoters holding details for Akme Fintrade India in the current issue is as follows: The share holding of promoters before the issue stands at 56.01%, and after the issue, it has been adjusted to -%.
Promoters of Akme Fintrade India are Nirmal Kumar Jain, Manju Devi Jain, Dipesh Jain, Nirmal Kumar Jain HUF,
| Share Holding Pre Issue | 56.01% |
|---|---|
| Share Holding Post Issue | -% |
Akme Fintrade India Financial Information
Financial performance details for Akme Fintrade India over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 417.96 | 390.5 | 374.01 | 455.4 |
| Revenue | 53.45 | 69.57 | 67.5 | 86.79 |
| Profit After Tax | 12.25 | 15.8 | 4.12 | 16.31 |
Akme Fintrade India IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Akme Fintrade India are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| ROE | 5.64% |
| EPS (Rs) | 3.87 |
Object of the Issue
- • The company proposes to utilize the Net Proceeds from the Issue towards augmenting the capital base of the company to fulfil its future capital requirements, which are anticipated to arise as a result of the expansion of the business and assets. Further, a portion of the proceeds from the Issue will be used towards meeting Issue-related expenses.
Contact Details for Akme Fintrade India
Phone
Office
AKME Business Centre (ABC), 4-5 Subcity Centre, Savina Circle opp Krishi Upaz Mandi, Udaipur - 313002
Registrar Details for Akme Fintrade India
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Gretex Corporate Services Limited