Akanksha Power and Infrastructure Limited IPO IPO
Akanksha Power and Infrastructure Limited IPO is an NSE SME IPO listed on the NSE SME platform, priced at ₹52–₹55 per share. The stock debuted at ₹62, delivering a listing gain of 12.7%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,10,000.
Akanksha Power and Infrastructure Limited IPO
- IPO Dates
- Dec 27, 2023 – Dec 29, 2023
- Price band
- ₹52-55 per equity share
- Minimum Investment
- ₹1,10,000
- Issue size
- 4,998,000 shares(aggregating up to ₹27.49 Cr)
- Lot size
- 2000
- Allotment Date
- Jan 1, 2024
- Listing
- Jan 3, 2024
- Listing At
- NSE SME
IPO timeline
-
Dec 27, 2023
Open Date
Completed
-
Dec 29, 2023
Close Date
Completed
-
Jan 1, 2024
Allotment Date
Completed
-
Jan 3, 2024
Listing Date
Completed
Akanksha Power and Infrastructure Limited IPO IPO Essentials
Akanksha Power and Infrastructure Limited IPO IPO Details
Akanksha Power and Infrastructure Limited IPO IPO is priced at ₹52-55 per share with a total issue size of 4,998,000 shares(aggregating up to ₹27.49 Cr). The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹52-55 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,998,000 shares(aggregating up to ₹27.49 Cr)
- Listing at
- NSE SME
- List price
- 62.0
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Narnolia Financial Services Ltd
Akanksha Power and Infrastructure Limited IPO IPO Analytics
Akanksha Power and Infrastructure Limited IPO IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Akanksha Power and Infrastructure Limited IPO IPO Subscription Status
Akanksha Power and Infrastructure Limited IPO IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 948,000 / 712,000 | 1,660,000 | 3,320,000 |
|
Day 1
27-12-23 06:00 PM
|
(7.00 / 1.75) x | 3.95 x | 4.35 x |
|
Day 2
28-12-23 06:00 PM
|
(7.05 / 16.49) x | 27.62 x | 19.36 x |
|
Day 3
29-12-23 06:00 PM
|
(38.51 / 175.04) x | 110.44 x | 108.93 x |
Akanksha Power and Infrastructure Limited IPO Valuations
Earnings
- EPS (Post IPO)
- ₹2.29/-
- P/E Ratio
- 24.02
Returns
- RoNW
- 18.20%
Akanksha Power and Infrastructure Limited IPO Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 4,762.65 | 3,838.92 | 3,781.19 |
| Revenue | 4,644.03 | 5,206.50 | 7,441.05 |
| Profit After Tax | 290.50 | 240.92 | 392.12 |
Akanksha Power and Infrastructure Limited IPO Company & Offer Insights
About Akanksha Power and Infrastructure Limited IPO
Akanksha Power and Infrastructure Limited provides sustainable and reliable power solutions.
Akanksha Power and Infrastructure manufactures electric equipment, including electrical panels, instrument transformers, and vacuum contactors, catering to consumers from institutions, industries, and electricity transmission and distribution utilities.
Initially, from year 2008 to 2010, the company was engaged in the trading of Capacitors, which were procured from EPCOS India Private Limited, currently known as TDK Electronics.
The major commercial operation of the Company started in the year 2010, as an input-based rural power distribution franchise (DF) in Khaira Electrical Subdivision, Balasore, Odisha. In the year 2013, the Company established its manufacturing facilities and started production of APFC Panels to provide Power Quality Solutions.
Akanksha Power and Infrastructure Limited IPO Promoter(s)
Mr. Bipin Bihari Das Mohapatra, Ms. Chaitali Bipin Dasmohapatra are the company's promoters of Akanksha Power and Infrastructure Limited IPO.
Akanksha Power and Infrastructure Limited IPO IPO Issue Objectives
- •
- To meet the Capital Expenditure Requirement of the Company.
- •
- To meet the Working Capital requirements of the Company.
- •
- To meet the General Corporate Purposes.
- •
- To meet the Issue Expenses.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Akanksha Power and Infrastructure Limited IPO IPO is a book-built IPO worth ₹4,998,000 shares(aggregating up to ₹27.49 Cr). The price band is ₹52–₹55 per share. The IPO opens on Dec 27, 2023 and closes on Dec 29, 2023. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Akanksha Power and Infrastructure Limited IPO IPO is ₹52 to ₹55 per share.
The lot size of Akanksha Power and Infrastructure Limited IPO IPO is 2000 shares.
The minimum investment for Akanksha Power and Infrastructure Limited IPO IPO is approximately ₹1,10,000 based on the upper price band .
Akanksha Power and Infrastructure Limited IPO IPO opens on Dec 27, 2023 and closes on Dec 29, 2023.
The allotment date of Akanksha Power and Infrastructure Limited IPO IPO is Jan 1, 2024.
Akanksha Power and Infrastructure Limited IPO IPO is expected to be listed on Jan 3, 2024, on NSE SME Platform.
Akanksha Power and Infrastructure Limited IPO IPO valuation snapshot: P/E 24.02, EPS ₹2.29/-, P/B N/A, RoNW 18.20%, and market cap N/A.
To apply for Akanksha Power and Infrastructure Limited IPO IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Akanksha Power and Infrastructure Limited IPO IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Akanksha Power and Infrastructure Limited IPO IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Akanksha Power and Infrastructure Limited IPO IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Akanksha Power and Infrastructure Limited IPO IPO allotment status on IPO Ji for quick and easy access.