247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Aakash Exploration Services Limited IPO (Aakash Exploration Services IPO) Details

Aakash Exploration Services Limited is an Oil And Gas based company, located in Ahmedabad, Aakash Exploration Services Limited IPO size was 10.08 Cr. and was issued at 56.00 per share. The share of Aakash Exploration Services Limited were listed at 57.00 per share and are currently trading at 11.26 per share.

Type :
Sub Sector : Oil And Gas Exploration
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
41.68 Cr.

PAT :
0.91 Cr.

Pricing Report

Issue Price :
56.00

Listing Price :
57.00

Current Market Price :
11.26

Issue Price vs CMP :
44.74 (79.89%)

listing Price vs CMP :
45.74 (80.25%)

Performance Report (CAGR* wise)

CAGR : -21.17
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Aakash Exploration Services

Company Information
Established in 2007, Aakash Exploration Services is a company providing services for Oil and Gas Exploration with a fundamental vision of being a leader in providing services to Oil and Gas Field while achieving international standard of excellence. The company is based out of Ahmedabad, Gujarat and spear headed by their promoters Mr. Hemang Navin Haria, Mr. Vipul Navin Haria and Mr. Krunal Pravin Haria, all having experience of oilfield services industry. Mr. Hemang Navin Varia having an experience of over 18 years, handles the budgeting issues, planning and finance related issues of the company. Mr. Vipul Navin Haria having an experience of over 20 years, handles the machinery and technical issues. Mr. Krunal Pravin Haria having an experience of over 14 years, handles and
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Object of Issue
  • Payment of Cash Credit Facilities
  • Repayment of Unsecured Loans
  • Working Capital Requirement
  • General Corporate Purposes
  • Issue Expense

Aakash Exploration Services SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Apr, 2018
IPO Size :
10.08 Cr.
IPO Subscription :
1.48 X     
PE Multiple :
41.00
IPO Registrar:
Skyline Financial Services Private Limited
Anchor Investors:

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FAQs

Aakash Exploration Services operates in Oil And Gas and Oil And Gas Exploration. The Issue is listed on NSE EMERGE in Apr, 2018. Aakash Exploration Services IPO size was 10.08 Cr. with Issue price of 56.00 .

Aakash Exploration Services IPO subscription was 1.48 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.

Aakash Exploration Services IPO listed at a listing price of 57.00 against the offer price of 56.00.

The current market price of Aakash Exploration Services is 11.26.

Services

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