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Akme Fintrade (India) Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Akme Fintrade (India) Ltd IPO

Registered Office: Akme Business Centre (ABC) 4-5,Subcity Centre Savina Circle , Udaipur - 313002 , Rajasthan , India.
Phone : 91-294-2489501-02   Fax:
Email :  cs@aasaanloans.com  
Website :  www.aasaanloans.com
Initial public offering of 1,10,00,000^ equity shares of face value of (Rs)10 each ("Equity Shares") of Akme Fintrade (India) Limited (The Company" or the "Issuer") for cash at a price of (Rs)120 per equity share (including a premium of (Rs)110 per equity share) ("Issue Price") aggregating up to (Rs)132.00 crores ("The Issue"). The issue will constitute 25.78 % of the post-issue paid-up equity share capital. The issue includes a reservation of up to 5,50,000 equity shares of face value of (Rs)10 each aggregating up to (Rs)6.60 crores (constituting up to 1.29 of the post-issue paid-up equity share capital) for subscription by eligible employees ("Employee Reservation Portion"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and net issue shall constitute 25.78 % and 24.49 %, respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price is 12 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
19-Jun-24 21-Jun-24 (Rs)120.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :125  Further Multiples of :125

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Gretex Corporate Services Ltd
Project Financed through Current Offer 132.00  
Post Issue Equity Share Capital 42.67  
Issue Price (Rs)120.00  
 
Projects
Listing of the Equity Shares on the Stock Exchanges
Promoted By
Nirmal Kumar Jain  
Manju Devi Jain  
Dipesh Jain  
Listing At
BSE 
NSE 
Registrar to the Issue
Bigshare Services Pvt Ltd