Akash Infra Projects IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 25.50 Cr. The company is based in Gandhinagar and caters to Infrastructure sector. Tipsons Consultancy Services is the merchant banker of Akash Infra Projects IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd February 2017.
Akash Infra Projects IPO open date is 28th February 2017 and close date is 6th March 2017. IPO Allotment Date is 30th November -0001 and Listing date is 15th March 2017.Akash Infra Projects IPO size is ₹ 25.50 Cr. with IPO price of ₹ 125.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Tipsons Consultancy Services Private Limited is the book-running lead manager of the Akash Infra Projects IPO. S.K. Infosolutions Private Limited is the Registrar and Market Maker is Beeline Broking Limited for Akash Infra Projects IPO.
Akash Infra Projects IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Akash Infra Projects IPO, based in Gandhinagar, operates in the Infrastructure sector with a focus on business of civil construction and has undertaken various government contracts for construction of roads. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Akash Infra Projects IPO size is ₹ 25.50 Cr. with fresh issue size of ₹ 25.50 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Akash Infra Projects IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Akash Infra Projects IPO allotment status on the registrars website, S.K. Infosolutions Private Limited . Akash Infra Projects IPO refund dates are 30th November -0001.
Akash Infra Projects IPO is expected to be listed on 15th March 2017.
The upper price band for the Akash Infra Projects IPO is set at ₹ 125.00 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 Akash Infra Projects 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 Akash Infra Projects 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 6th March 2017. After submission, funds are blocked until the basis of allotment of Akash Infra Projects IPO is finalised.
The merchant banker for Akash Infra Projects IPO is Tipsons Consultancy Services Private Limited . Tipsons Consultancy Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Akash Infra Projects IPO RHP for further details.
The registrar for Akash Infra Projects IPO is S.K. Infosolutions Private Limited . Investors can go to S.K. Infosolutions Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Akash Infra Projects IPO through their official website or helpline.
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Akash Infra Projects IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Akash Infra Projects Financial Review Page
Merchant Banker(s) of Akash Infra Projects IPO: Tipsons Consultancy Services Private Limited
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 28.64.
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