Akiko Global Services Limited IPO
Akiko Global Services Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹73–₹77 per share. The stock debuted at ₹98, delivering a listing gain of 27.3%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,23,200.
Akiko Global Services Limited IPO
- IPO Dates
- Jun 25, 2024 – Jun 27, 2024
- Price band
- ₹73-77 per equity share
- Minimum Investment
- ₹1,23,200
- Issue size
- ₹23.11 Cr
- Lot size
- 1600
- Allotment Date
- Jun 28, 2024
- Listing
- Jul 2, 2024
- Listing At
- NSE SME
IPO timeline
-
Jun 25, 2024
Open Date
Completed
-
Jun 27, 2024
Close Date
Completed
-
Jun 28, 2024
Allotment Date
Completed
-
Jul 2, 2024
Listing Date
Completed
Akiko Global Services Limited IPO Essentials
Akiko Global Services Limited IPO Details
Akiko Global Services Limited IPO is priced at ₹73-77 per share with a total issue size of 23.11 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹73-77 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,001,600 shares(aggregating up to ₹23.11 Cr)
- Total issue size
- 30,01,600 shares
(aggregating up to ₹23.11 crore) - Fresh issue
- 30,01,600 shares
(aggregating up to ₹23.11 crore) - Listing at
- NSE SME
- List price
- 98.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Fast Track Finsec Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,23,200 |
| Retail(max) | 1 | 1600 | ₹1,23,200 |
| NII (min) | 2 | 3,200 | ₹2,46,400 |
Akiko Global Services Limited IPO Reservation
Akiko Global Services Limited IPO reservation details show category-wise allocation of shares. Out of the total 3,086,400 shares, approximately 21.2% are reserved for QIB, 13.89% for NII, 32.35% for retail investors, 4.87% for market maker, and 27.68% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 854,400 (27.68%) | |
| Market Maker Shares Offered | 150,400 (4.87%) | |
| QIB Shares Offered | 654,400 (21.2%) | |
| NII (HNI) Shares Offered | 428,800 (13.89%) | |
| Retail Shares Offered | 998,400 (32.35%) | |
| Total Shares Offered | 3,086,400 (100%) |
Akiko Global Services Limited IPO Analytics
Akiko Global Services Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Akiko Global Services Limited IPO Subscription Status
Akiko Global Services Limited 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 | 654,400 / 428,800 | 998,400 | 2,081,600 |
|
Day 1
25-06-24 06:00 PM
|
(0.00 / 1.01) x | 2.53 x | 1.42 x |
|
Day 2
26-06-24 06:00 PM
|
(0.01 / 2.31) x | 6.56 x | 34.96 x |
|
Day 3
27-06-24 06:00 PM
|
(10.21 / 48.40) x | 45.57 x | 35.04 x |
Akiko Global Services Limited Valuations
Earnings
- EPS Pre IPO
- ₹5.83/-
- EPS Post IPO
- ₹3.58/-
- P/E Pre IPO
- 13.2
- P/E Post IPO
- 21.5
Returns
- ROE
- 32.44%
- ROCE
- 29.23%
- RoNW
- 22.91%
- PAT Margin
- 12.41
Fundamentals
- Debt / Equity
- 0.09
- Price / Book
- 3.75
Akiko Global Services Limited Financials( In Lakhs)
| 31-Jan-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 1,794.91 | 1,130.87 | 405.67 |
| Revenue | 2,609.76 | 3,958.97 | 1,353.31 |
| Profit After Tax | 321.48 | 453.26 | 77.85 |
| Net Worth | 1,403.37 | 578.40 | 123.14 |
| Reserves & Surplus | 626.57 | 574.40 | 121.14 |
| Total Borrowing | 122.05 | 95.89 | 26.13 |
Akiko Global Services Limited Company & Offer Insights
About Akiko Global Services Limited
In June 2018, Akiko Global Services Limited was incorporated. The company has partnered with India's major banks and non-banking financial companies. For the last six years, the company has been specialized in distribution and credit sales of financial products, including credit cards and loans.
The company mainly focuses on credit card sales and personal loans for Indian banks and financial institutions.
Money Fair is the name of a technology platform from Akiko Global Services Limited. This platform makes use of algorithms in gathering and analysis of data so as to access creditworthiness. It avails information on easy comparison of offers, targeting an increased likelihood of granting the loan or a card for its customers.
To date, that is as of April 30, 2024, the company has permanent staff totaling 418 persons inclusive of the directors and key managerial personnel.
Akiko Global Services Limited Promoter(s)
Mr. Gurjeet Singh Walia, Ms. Richa Arora, Mr. Ankur Gaba, Mr. Puneet Mehta, Ms. Priyanka Dutta are the company's promoters of Akiko Global Services Limited.
Akiko Global Services Limited IPO Issue Objectives
- •
- Implementation of ERP Solution and TeleCRM.
- •
- Mobile Application for financial product solution.
- •
- To meet working capital requirements.
- •
- Enhancing visibility and awareness of the brands, including but not limited to Akiko Global or Moneyfair.
- •
- General Corporate Purpose
- •
- Issue Expenses
Contact Information
Contact Details
Akiko Global Services Limited
011-4010 4241
11th Floor, Off. No. 8/4-D, Vishwadeep Building, District Centre Janak Puri, West Delhi, New Delhi-110058
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Akiko Global Services Limited IPO is a book-built IPO worth ₹23.11 crore. The price band is ₹73–₹77 per share. The IPO opens on Jun 25, 2024 and closes on Jun 27, 2024. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The price band of Akiko Global Services Limited IPO is ₹73 to ₹77 per share.
The lot size of Akiko Global Services Limited IPO is 1600 shares.
The minimum investment for Akiko Global Services Limited IPO is approximately ₹1,23,200 based on the upper price band .
Akiko Global Services Limited IPO opens on Jun 25, 2024 and closes on Jun 27, 2024.
The allotment date of Akiko Global Services Limited IPO is Jun 28, 2024.
Akiko Global Services Limited IPO is expected to be listed on Jul 2, 2024, on NSE SME Platform.
Akiko Global Services Limited IPO valuation snapshot: P/E 21.5, EPS ₹3.58/-, P/B 3.75, RoNW 22.91%, and market cap N/A.
To apply for Akiko Global Services Limited 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 Akiko Global Services Limited 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 Akiko Global Services Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Akiko Global Services Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Akiko Global Services Limited IPO allotment status on IPO Ji for quick and easy access.