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Akruti Nirman IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 361.80 Cr. The company is based in Mumbai and caters to Real Estate sector. Axis Capital , J.P. Morgan India are the merchant bankers of Akruti Nirman IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th September 2006. Akruti Nirman IPO open date is 15th January 2007 and close date is 19th January 2007. IPO Allotment Date is 30th November -0001 and Listing date is 7th February 2007.
IPO
Size:
₹ 361.80 Cr.
Avg IPO Size (Sector Based)
: ₹
1,266.75 cr.
Sector: Real Estate
IPO so far:
32
Merchant Banker:
Axis Capital
IPO by BRLM so far:
167
City:
Mumbai
IPO so far:
207
Revenue (annualised):
₹
111.12
cr. 
PE
Ratio:
14.18x
Average Sector PE Ratio: 15.53x
Akruti Nirman IPO size is ₹ 361.80 Cr. with IPO price of ₹ 540.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Akruti Nirman IPO. Link Intime India Private Limited is the Registrar for Akruti Nirman IPO.
Akruti Nirman IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Akruti Nirman IPO, based in Mumbai, operates in the Real Estate sector with a focus on development of commercial and residential properties. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Akruti Nirman IPO size is ₹ 361.80 Cr. with fresh issue size of ₹ 362 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Akruti Nirman IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Akruti Nirman IPO allotment status on the registrars website, Link Intime India Private Limited . Akruti Nirman IPO refund dates are 30th November -0001.
Akruti Nirman IPO is expected to be listed on 7th February 2007.
The upper price band for the Akruti Nirman IPO is set at ₹ 540.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Akruti Nirman IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Akruti Nirman IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th January 2007. After submission, funds are blocked until the basis of allotment of Akruti Nirman IPO is finalised.
The merchant banker for Akruti Nirman IPO is Axis Capital Limited , J.P. Morgan India Private Limited . Axis Capital Limited , J.P. Morgan India Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Akruti Nirman IPO RHP for further details.
The registrar for Akruti Nirman IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Akruti Nirman IPO through their official website or helpline.
Akruti Nirman IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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IPO
Size:
₹ 361.80 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,266.75 Cr.
Sector: Real Estate
IPO so far:
32
Merchant Banker:
Axis Capital
IPO by BRLM so far:
167
City:
Mumbai
IPO so far:
207
Revenue (annualised):
₹ 304.89 cr.
PE
Ratio:
14.18x
Average Sector PE Ratio: 15.53x
Akruti Nirman IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Akruti Nirman Financial Review Page
Merchant Banker(s) of Akruti Nirman IPO: Axis Capital Limited , J.P. Morgan India Private Limited
Akruti Nirman IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Akruti Nirman IPO listed at a listing price of 564.00 against the offer price of 540.00.
The current market price of Akruti Nirman is 305.60.
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