AKM Lace & Embrotex IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 4.76 Cr. The company is based in New Delhi and caters to Textiles sector. Aryaman Financial Services is the merchant banker of AKM Lace & Embrotex IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th September 2017.
AKM Lace & Embrotex IPO open date is 20th September 2017 and close date is 22nd September 2017. IPO Allotment Date is 30th November -0001 and Listing date is 29th September 2017.AKM Lace & Embrotex IPO size is ₹ 4.76 Cr. with IPO price of ₹ 25.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Aryaman Financial Services Limited is the book-running lead manager of the AKM Lace & Embrotex IPO. NSDL Database Management Limited is the Registrar and Market Maker is Msb E-Trade Securities Limited for AKM Lace & Embrotex IPO.
AKM Lace & Embrotex IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
AKM Lace & Embrotex IPO, based in New Delhi, operates in the Textiles sector with a focus on business of trading of textile products. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. AKM Lace & Embrotex IPO size is ₹ 4.76 Cr. with fresh issue size of ₹ 5 and Offer for sale being ₹ Nil
The IPO allotment date for AKM Lace & Embrotex IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check AKM Lace & Embrotex IPO allotment status on the registrars website, NSDL Database Management Limited . AKM Lace & Embrotex IPO refund dates are 30th November -0001.
AKM Lace & Embrotex IPO is expected to be listed on 29th September 2017.
The upper price band for the AKM Lace & Embrotex IPO is set at ₹ 25.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on AKM Lace & Embrotex IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the AKM Lace & Embrotex IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 22nd September 2017. After submission, funds are blocked until the basis of allotment of AKM Lace & Embrotex IPO is finalised.
The merchant banker for AKM Lace & Embrotex IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the AKM Lace & Embrotex IPO RHP for further details.
The registrar for AKM Lace & Embrotex IPO is NSDL Database Management Limited . Investors can go to NSDL Database Management Limited registrar website for IPO allotment status, refund processing, and other queries related to AKM Lace & Embrotex IPO through their official website or helpline.
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AKM Lace & Embrotex IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on AKM Lace & Embrotex Financial Review Page
Merchant Banker(s) of AKM Lace & Embrotex IPO: Aryaman Financial Services Limited
AKM Lace & Embrotex IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
AKM Lace & Embrotex IPO listed at a listing price of 24.90 against the offer price of 25.00.
The current market price of AKM Lace & Embrotex is 910.85.
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