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

Akash Infra Projects Limited IPO (Akash Infra Projects IPO) Details

Akash Infra Projects Limited is an Infrastructure based company, located in Gandhinagar, Akash Infra Projects Limited IPO size was 25.50 Cr. and was issued at 125.00 per share. The share of Akash Infra Projects Limited were listed at 128.15 per share and are currently trading at 31.45 per share.

Type :
Sub Sector : Business Of Civil Construction And Has Undertaken Various Government Contracts For Construction Of Roads
SME IPO
NSE EMERGE

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

Revenue :
63.74 Cr.

PAT :
2.76 Cr.

Pricing Report

Issue Price :
125.00

Listing Price :
128.15

Current Market Price :
31.45

Issue Price vs CMP :
93.55 (74.84%)

listing Price vs CMP :
96.7 (75.46%)

Performance Report (CAGR* wise)

CAGR : -16.1
-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 Akash Infra Projects

Company Information
Akash Infra Projects is engaged into the business of civil construction and has undertaken various government contracts for construction of roads. They are primarily into the Construction of roads, resurfacing, widening repairs of roads and Minor bridges etc. The Company has proven track record of successful completion of various road projects since their incorporation in the state of Gujarat. They are currently serving in the in central and northern region of Gujarat. Their Promoters Mr. Yoginkumar H. Patel holds a Bachelor of Civil Engineering from Saurashtra University, who is having more than 2.5 decade of experience in the field civil constructions and Mr. Ambusinh P. Gol holds a diploma in Civil Engineering from Technical Examinations Board-Gujarat State who, is having more than 2.5 decade of
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Object of Issue
  • Long term Working capital requirement
  • General Corporate Purposes
  • Issue related expenses

Akash Infra Projects SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Mar, 2017
IPO Size :
25.50 Cr.
PE Multiple :
34.00
IPO Registrar:
Purva Sharegistry India Private Limited
Anchor Investors:

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FAQs

Akash Infra Projects operates in Infrastructure and Business Of Civil Construction And Has Undertaken Various Government Contracts For Construction Of Roads. The Issue is listed on NSE EMERGE in Mar, 2017. Akash Infra Projects IPO size was 25.50 Cr. with Issue price of 125.00 .

Akash Infra Projects 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.

Akash Infra Projects IPO listed at a listing price of 128.15 against the offer price of 125.00.

The current market price of Akash Infra Projects is 31.45.

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