Akiko Global Services Ltd
Price Range
₹73 - ₹77
-
Min. Quantity
1,600
Closes on
27 June 2024
-
Min. investment
₹1,23,200/1,600 Shares
Akiko Global Services Ltd IPO Timeline
Akiko Global Services Limited was incorporated as a Private Limited Company as 'Akiko Global Services Private Limited' dated June 13, 2018 issued by Registrar of Companies, NCT of Delhi and Haryana. Further, Company converted into a Public Limited Company and a fresh Certificate of Incorporation on conversion was issued April 12,2023 by the Registrar of Companies, NCT of Delhi and Haryana and consequently the name of Company was changed from 'Akiko Global Services Private Limited' to 'Akiko Global Services Limited'.
| Event | Date |
|---|---|
| Akiko Global Services Ltd IPO Opening Date | 25 June 2024 |
| Akiko Global Services Ltd IPO Closing Date | 27 June 2024 |
| Basis of Allotment | 1 July 2024 |
| Initiation of Refunds | 1 July 2024 |
| Credit of Shares to Demat | 1 July 2024 |
| Akiko Global Services Ltd IPO Listing Date | 2 July 2024 |
Akiko Global Services Ltd IPO Details
| Akiko Global Services Ltd IPO Date | 25 June 2024 to 27 June 2024 |
| Akiko Global Services Ltd IPO Face Value | ₹10 per share |
| Akiko Global Services Ltd IPO Price | ₹73 to ₹77 per share |
| Akiko Global Services Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹23.11 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹23.11 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ankur Gaba, Priyanka Dutta, Puneet Mehta |
Akiko Global Services Ltd IPO Lot Size
The Akiko Global Services Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,23,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,23,200 |
| Maximum | 1 | 1,600 | ₹1,23,200 |
- Strengths
- Risks
- Opportunities
- Experienced and Qualified Management and Employee base.
- Strong and Consistent Financial Performance.
- Growing customer base.
- Scalable and reliable business model.
- Experienced Promoters and Senior Management with extensive domain knowledge.
Company Financials
Akiko Global Services Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 22.77 | 32.4 | 3.75 |
| 03-2023 | 11.31 | 39.59 | 4.53 |
| 03-2022 | 4.06 | 13.53 | 0.78 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Implementation of ERP Solutions & TeleCRM
- Mobile Application for Financial product solution
- To meet working capital requirements
- Enhancing visibility and awareness of its brand including but not limited to "Akiko Global" or "Moneyfair"
- General corporate purposes
Akiko Global Services Ltd IPO Promoter Holding
| Pre Issue Share Holding | 19.12% |
| Post Issue Share Holding | 13.79% |
Akiko Global Services Ltd IPO Subscription Status (Bidding Detail)
The Akiko Global Services Ltd IPO is subscribed 35 times on 27 June 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 35 |
Akiko Global Services Ltd IPO Prospectus
Akiko Global Services Ltd IPO Listing Date
| BSE Script | 92712 |
| NSE Symbol | AKIKO |
| Listing In | NSE - SME |
| ISIN | INE0PMR01017 |
| IPO Price | ₹77 |
| Face Value | ₹10 |
Company Contact Information
11th Flr Off # 8/4D VishwadeepBuilding Dist.Centre,Janakpuri-110058
Phone: 011 4010 4241
Email: akikoglobalservices@gmail.com
Website: www.themoneyfair.com
Akiko Global Services Ltd IPO Registrar
Akiko Global Services Ltd IPO Lead Manager(s)
- Fast Track Finsec Pvt Ltd
FAQ
What is the issue size of Akiko Global Services Ltd IPO?
I have pre-applied for Akiko Global Services Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.