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Akiko Global Services IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Banking And Finance sector. Fast Track Finsec Private is the merchant banker of Akiko Global Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th December 2023.
Akiko Global Services IPO open date is 25th June 2024 and close date is 27th June 2024. IPO Allotment Date is 1st July 2024 and Listing date is 2nd July 2024.Akiko Global Services IPO size is Rs 23.11 Cr. crores with IPO price of Rs 77.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fast Track Finsec Private Limited is the book-running lead manager of the Akiko Global Services IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Akiko Global Services IPO.
Akiko Global Services IPO anchor investors are the below investors. The number of anchor investors in this IPO is 4.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Persistent Growth Fund- | 131,200.00 | ₹77.00 | ₹10,102,400.00 |
| SB OPPORTUNITIES FUND | 131,200.00 | ₹77.00 | ₹10,102,400.00 |
| Ashika Global Securities | 352,000.00 | ₹77.00 | ₹27,104,000.00 |
| Saint Capital Fund | 240,000.00 | ₹77.00 | ₹18,480,000.00 |
Akiko Global Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Akiko Global Services IPO, based in New Delhi, operates in the Banking And Finance sector with a focus on distributing and selling financial products. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Akiko Global Services IPO size is ₹ 23.11 Cr. Crores with fresh issue size of Rs 23.11 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Akiko Global Services IPO is expected to be 1st July 2024, after the finalization of basis of allotment. Investors can check Akiko Global Services IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Akiko Global Services IPO refund dates are 1st July 2024.
Akiko Global Services IPO is expected to be listed on 2nd July 2024.
The upper price band for the Akiko Global Services IPO is set at ₹ 77.00 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 Akiko Global Services 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 Akiko Global Services 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 27th June 2024. After submission, funds are blocked until the basis of allotment of Akiko Global Services IPO is finalised.
The merchant banker for Akiko Global Services IPO is Fast Track Finsec Private Limited . Fast Track Finsec Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Akiko Global Services IPO RHP for further details.
The registrar for Akiko Global Services IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Akiko Global Services IPO through their official website or helpline.
Akiko Global Services IPO was subscribed 34.96 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 23.11 Cr.
Avg IPO Size (Sector Based)
:
₹ 27.77 Cr.
Sector: Banking And Finance
SME IPO so far:
43
Merchant Banker:
Fast Track
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 31.08 cr.
PE
Ratio:
21.50x
Average Sector PE Ratio: 17.91x
Akiko Global Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Akiko Global Services Financial Review Page
Merchant Banker(s) of Akiko Global Services IPO: Fast Track Finsec Private Limited
Akiko Global Services IPO subscription was 34.96 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.
Akiko Global Services IPO listed at a listing price of 93.35 against the offer price of 77.00.
The current market price of Akiko Global Services is 87.00.
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