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Akme Fintrade India IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 132.00 Cr. The company is based in Udaipur and caters to Banking And Finance sector. Gretex Corporate Services is the merchant banker of Akme Fintrade India IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th February 2023.
Akme Fintrade India IPO open date is 25th February 2015 and close date is 5th March 2015. IPO Allotment Date is 30th November -0001 and Listing date is 26th June 2024.
IPO
Size:
₹ 132.00 Cr.
Avg IPO Size (Sector Based)
: ₹
1,777.43 cr.
Sector: Banking And Finance
IPO so far:
79
Merchant Banker:
Gretex Corporate
IPO by BRLM so far:
1
City:
Udaipur
IPO so far:
2
Revenue (annualised):
₹
71.27
cr. 
PE
Ratio:
31.33x
Average Sector PE Ratio: 20.56x
Akme Fintrade India IPO size is ₹ 132.00 Cr. with IPO price of ₹ 30.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Akme Fintrade India IPO. Bigshare Services Private Limited is the Registrar for Akme Fintrade India IPO.
Akme Fintrade India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Akme Fintrade India IPO, based in Udaipur, operates in the Banking And Finance sector with a focus on NBFC. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Akme Fintrade India IPO size is ₹ 132.00 Cr. with fresh issue size of ₹ 132.00 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Akme Fintrade India IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Akme Fintrade India IPO allotment status on the registrars website, Bigshare Services Private Limited . Akme Fintrade India IPO refund dates are 30th November -0001.
Akme Fintrade India IPO is expected to be listed on 26th June 2024.
The upper price band for the Akme Fintrade India IPO is set at ₹ 30.00 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 Akme Fintrade India 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 Akme Fintrade India 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 5th March 2015. After submission, funds are blocked until the basis of allotment of Akme Fintrade India IPO is finalised.
The merchant banker for Akme Fintrade India IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Akme Fintrade India IPO RHP for further details.
The registrar for Akme Fintrade India IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Akme Fintrade India IPO through their official website or helpline.
Akme Fintrade India IPO was subscribed 54.49 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 132.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,777.43 Cr.
Sector: Banking And Finance
IPO so far:
79
Merchant Banker:
Gretex Corporate
IPO by BRLM so far:
1
City:
Udaipur
IPO so far:
2
Revenue (annualised):
₹ 1.68 cr.
PE
Ratio:
31.33x
Average Sector PE Ratio: 20.56x
Akme Fintrade India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Akme Fintrade India Financial Review Page
Merchant Banker(s) of Akme Fintrade India IPO: Gretex Corporate Services Limited
Akme Fintrade India IPO subscription was 54.49 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.
Akme Fintrade India IPO listed at a listing price of 131.95 against the offer price of 120.00.
The current market price of Akme Fintrade India is 8.13.
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