Akanksha Power and Infrastructure Limited IPO
NSE SMEListed On: Jan 3, 2024 at ₹ 62.0
₹ 220000 /4000 Shares
*Min Investment
27 Dec, 2023
Open Date29 Dec, 2023
Close Date01 Jan, 2024
Allotment Date03 Jan, 2024
Listing DateAkanksha Power and Infrastructure Limited IPO IPO Issue Details
- Issue Price ₹52-55 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 4,998,000 shares(aggregating up to ₹27.49 Cr)
- Listing at NSE SME
- List Price 62.0
- Listing Date 2024-01-03
- Lead Manager Narnolia Financial Services Ltd
- Registrar Link Intime India Private Ltd
Akanksha Power and Infrastructure Limited IPO IPO Details
- Retail Portion 35%
Akanksha Power and Infrastructure Limited IPO IPO Details
Akanksha Power and Infrastructure Limited IPO is an SME IPO, priced at ₹52-55 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Dec 27, 2023 to Dec 29, 2023. The allotment is expected to be finalized on Jan 1, 2024, and the tentative listing date is Jan 3, 2024.
The registrar of the IPO is Link Intime India Private Ltd, and
Akanksha Power and Infrastructure Limited IPO IPO Subscription Analysis And Details
| 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
Akanksha Power and Infrastructure Limited IPO Company Financials
| 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 |
About Akanksha Power and Infrastructure Limited IPO Company
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
Pre Issue Share Holding : 83.28%
Post Issue Share Holding : 60.81%
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.
Akanksha Power and Infrastructure Limited IPO IPO - FAQs
Ans. Akanksha Power and Infrastructure Limited IPO is a SME IPO. The issue is priced at ₹52-55 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 27, 2023, and closes on Dec 29, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Akanksha Power and Infrastructure Limited IPO opens on Dec 27, 2023 and closes on Dec 29, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Akanksha Power and Infrastructure Limited IPO is 4,998,000 shares(aggregating up to ₹27.49 Cr).
Ans. The Akanksha Power and Infrastructure Limited IPO price band is set between ₹52-55 per equity share.
Ans. To apply for Akanksha Power and Infrastructure Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Akanksha Power and Infrastructure Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Akanksha Power and Infrastructure Limited IPO is Jan 1, 2024.
Ans. The Akanksha Power and Infrastructure Limited IPO will be listed on Jan 3, 2024.
Ans. Follow the steps to check the Akanksha Power and Infrastructure Limited IPO allotment status online.
