Akanksha Power and Infrastructure Limited

Akanksha Power and Infrastructure Limited

SMEClosed

₹1,10,000(2,000 Shares)

Minimum Investment

IPO Dates

Dec 27, 2023 – Dec 29, 2023

Price Band

₹52–55 per equity share

Lot Size

2000

Listing

Jan 3, 2024

Listing At

NSE SME

Dec 27, 2023Open DateCompleted
Dec 29, 2023Close DateCompleted
TBAAllotment DateUpcoming
Jan 3, 2024Listing DateCompleted

Akanksha Power and Infrastructure Limited Live Subscription Details

All IPOs
Retail110.44x
QIB / NII0.00x

Overall Subscription

Total Bids Received

108.93x

Akanksha Power and Infrastructure Limited IPO Issue Details

Issue Price
₹52-55 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
Jan 3, 2024

Company Information

Akanksha Power and Infrastructure Limited provides sustainable and reliable power solutions.Akanksha Power and Infrastructure manufactures electric equipment, including electrical panels, instrument t...

Valuations

RoNW

18.20%

Objectives of the Issue

  1. 1To meet the Capital Expenditure Requirement of the Company.
  2. 2To meet the Working Capital requirements of the Company.
  3. 3To meet the General Corporate Purposes.
  4. 4To meet the Issue Expenses.

Akanksha Power and Infrastructure Limited – Promoter(s)

Mr. Bipin Bihari Das Mohapatra
Ms. Chaitali Bipin Dasmohapatra

Contact Details

Akanksha Power and Infrastructure Limited IPO Documents

Frequently Asked Questions — Akanksha Power and Infrastructure Limited IPO

The Akanksha Power and Infrastructure Limited IPO price band is set at ₹52.00 to ₹55.00 per equity share.

The lot size for Akanksha Power and Infrastructure Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,10,000.

The Akanksha Power and Infrastructure Limited IPO opens on Dec 27, 2023 and closes on Dec 29, 2023.

Akanksha Power and Infrastructure Limited IPO is expected to be listed on Jan 3, 2024 on NSE SME.

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