IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Peer Comparison Report
Performance
Performance Report
Aakash Exploration Services IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 10.08 Cr. The company is based in Ahmedabad and caters to Oil And Gas sector. Monarch Networth Capital is the merchant banker of Aakash Exploration Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th February 2018.
Aakash Exploration Services IPO open date is 17th April 2018 and close date is 19th April 2018. IPO Allotment Date is 24th April 2018 and Listing date is 27th April 2018.
IPO
Size:
₹ 10.08 Cr.
Avg IPO Size (Sector Based)
: ₹
18.75 cr.
Sector: Oil And Gas
SME
IPO so far:
5
Merchant Banker:
Monarch Networth
SME
IPO by BRLM so far:
12
City:
Ahmedabad
SME
IPO so far:
180
Revenue (annualised):
₹
41.52
cr. 
PE
Ratio:
41.00x
Average Sector PE Ratio: 25.25x
Aakash Exploration Services IPO size is ₹ 10.08 Cr. with IPO price of ₹ 56.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Monarch Networth Capital Limited is the book-running lead manager of the Aakash Exploration Services IPO. NSDL Database Management Limited is the Registrar and Market Maker is Monarch Networth Capital Limited for Aakash Exploration Services IPO.
Aakash Exploration Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Aakash Exploration Services IPO, based in Ahmedabad, operates in the Oil And Gas sector with a focus on Oil and Gas Exploration. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Aakash Exploration Services IPO size is ₹ 10.08 Cr. with fresh issue size of ₹ 10.08 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Aakash Exploration Services IPO is expected to be 24th April 2018, after the finalization of basis of allotment. Investors can check Aakash Exploration Services IPO allotment status on the registrars website, NSDL Database Management Limited . Aakash Exploration Services IPO refund dates are 25th April 2018.
Aakash Exploration Services IPO is expected to be listed on 27th April 2018.
The upper price band for the Aakash Exploration Services IPO is set at ₹ 56.00 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 Aakash Exploration Services 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 Aakash Exploration Services 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 19th April 2018. After submission, funds are blocked until the basis of allotment of Aakash Exploration Services IPO is finalised.
The merchant banker for Aakash Exploration Services IPO is Monarch Networth Capital Limited . Monarch Networth Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Aakash Exploration Services IPO RHP for further details.
The registrar for Aakash Exploration Services 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 Aakash Exploration Services IPO through their official website or helpline.
Aakash Exploration Services IPO was subscribed 1.48 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 10.08 Cr.
Avg IPO Size (Sector Based)
:
₹ 18.75 Cr.
Sector: Oil And Gas
SME
IPO so far:
5
Merchant Banker:
Monarch Networth
SME
IPO by BRLM so far:
12
City:
Ahmedabad
SME
IPO so far:
180
Revenue (annualised):
₹ 41.52 cr.
PE
Ratio:
41.00x
Average Sector PE Ratio: 25.25x
Aakash Exploration Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Aakash Exploration Services Financial Review Page
Merchant Banker(s) of Aakash Exploration Services IPO: Monarch Networth Capital Limited
Aakash Exploration Services IPO subscription was 1.48 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.
Aakash Exploration Services IPO listed at a listing price of 57.00 against the offer price of 56.00.
The current market price of Aakash Exploration Services is 10.88.
Why Us?
