IPO SYNOPSIS

Akme Fintrade (India) Ltd
Registered Office:
Akme Business Centre (ABC) 4-5,Subcity Centre Savina Circle,
Udaipur - 313002,
Rajasthan, India.
Initial public offering of 1,10,00,000^ equity shares of face value of (₹) 10 each ("Equity Shares") of Akme Fintrade (India) Limited (The Company" or the "Issuer") for cash at a price of (₹) 120 per equity share (including a premium of (₹) 110 per equity share) ("Issue Price") aggregating up to (₹) 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 (₹) 10 each aggregating up to (₹) 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 (₹) 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
120.00-0.00
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
132.00
 
Post Issue
42.67
 
Issue Price
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
No Data Available!!!
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