Akme Fintrade (India) Limited

Akme Fintrade (India) Limited

MainboardClosed

₹15,000(125 Shares)

Minimum Investment

IPO Dates

Jun 19, 2024 – Jun 21, 2024

Price Band

₹114–120 per equity share

Lot Size

125

Listing At

BSE, NSE

Jun 19, 2024Open DateCompleted
Jun 21, 2024Close DateCompleted
TBAAllotment DateUpcoming
TBAListing DateUpcoming

Unofficial pre-listing indicator

Akme Fintrade (India) Limited IPO GMP Today: 15

Akme Fintrade (India) Limited IPO GMP today is 15 per share (a 13% premium over the ₹120 upper price band) as of 10 Jul 2026, 11:39 PM IST. The indicative listing price is 135 (₹120 upper price band + ₹15 GMP).

Current GMP

₹15

GMP percentage

13%

Upper price band

₹120

Indicative listing price

₹135

GMP is informal, not exchange-published, and may change before listing. The indicative price is a calculation, not a forecast or an investment recommendation.

Akme Fintrade (India) Limited Live Subscription Details

All IPOs
QIB28.12x
Retail42.98x
NIIs
129.17x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

144.40x

bHNI (> ₹10L)

Bids above ₹10L

121.56x

Overall Subscription

Total Bids Received

54.57x

Akme Fintrade (India) Limited IPO Issue Details

Issue Price
₹114-120 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
1,10,00,000 shares(aggregating up to ₹132 crore)
Listing At
BSE, NSE
Registrar
Bigshare Services Pvt Ltd

Market Lot Details

CategoryLotsSharesAmount
sHNI (Min)141,750₹2,10,000
sHNI (Max)668,250₹9,90,000
bHNI (Min)678,375₹10,05,000

Reservation Details

NII14.25%

Shares Offered

15,67,500

QIB19%

Shares Offered

20,90,000

Anchor28.5%

Shares Offered

31,35,000

Company Information

Akme Fintrade India Ltd is a non-banking financial company (NBFC) with over 20 years of experience in lending to rural and semi-urban areas in India.The company mainly provides lending solutions tailo...

Valuations

EPS (Pre-IPO)

3.87

RoNW

5.81%

PAT Margin

22.93%

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets390.5374.01455.4
Total Revenue69.5767.586.79
Profit After Tax15.84.1216.31
Net Worth204.78136.84130.26

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1The company proposes to utilize the Net Proceeds from the Issue towards augmenting the capital base of the company to fulfil its future capital requirements, which are anticipated to arise as a result of the expansion of the business and assets. Further, a portion of the proceeds from the Issue will be used towards meeting Issue-related expenses.

Akme Fintrade (India) Limited – Promoter(s)

Nirmal Kumar Jain
Manju Devi Jain
Dipesh Jain
Nirmal Kumar Jain HUF

Contact Details

Corporate Office

AKME Business Centre (ABC),4-5 Subcity Centre, Savina Circle opp, Krishi Upaz Mandi Udaipur,- 313002

+91- 294-2489501

cs@aasaanloans.com

Visit Website

Akme Fintrade (India) Limited Allotment & Registrar Details

Check Allotment

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

Visit Registrar Website

Akme Fintrade (India) Limited IPO Documents

Frequently Asked Questions — Akme Fintrade (India) Limited IPO

The Akme Fintrade (India) Limited IPO price band is set at ₹114.00 to ₹120.00 per equity share.

The lot size for Akme Fintrade (India) Limited IPO is 125 shares per lot. The minimum investment amount is approximately ₹15,000.

The Akme Fintrade (India) Limited IPO opens on Jun 19, 2024 and closes on Jun 21, 2024.

The current GMP for Akme Fintrade (India) Limited IPO is ₹15, suggesting an expected listing price of around ₹129.00. Note: GMP is an unofficial market indicator.

The registrar for Akme Fintrade (India) Limited IPO is Bigshare Services Pvt Ltd. You can contact them at ipo@bigshareonline.com.

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