Akiko Global Services Ltd IPO
Price Range
₹73 - ₹77
-
Min. Quantity
1,600 Shares
Closes on
27 June 2024
-
Min. investment
₹1,23,200
Akiko Global Services Ltd IPO Timeline
| 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 |
|---|---|---|---|
| 03-2025 | 56.94 | 63.55 | 5.96 |
| 03-2024 | 22.77 | 32.4 | 3.75 |
| 03-2023 | 11.31 | 39.59 | 4.53 |
| 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 | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0PMR01017 |
| IPO Price | ₹- |
| Face Value | ₹- |
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
How to Check the Allotment Status of Akiko Global Services Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Akiko Global Services Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Akiko Global Services Ltd IPO
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 on April 12,2023 and the name of Company was changed to 'Akiko Global Services Limited'.