IPO

AKM Lace & Embrotex Ltd IPO

BSE SME

Offer Date: Sep 20, 2017 - Sep 22, 2017

₹ 300000 /12000 Shares
*Min Investment

20 Sep, 2017

Open Date

22 Sep, 2017

Close Date

28 Sep, 2017

Allotment Date

03 Oct, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 25 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 19,02,000 Equity Shares of Rs 10 aggregating up to Rs 4.76 Cr
  • Listing at BSE SME
  • Lead Manager Aryaman Financial Services limited
  • Registrar Skyline Financial Services Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


AKM Lace & Embrotex Ltd IPO is an SME IPO, priced at Rs 25 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Sep 20, 2017 to Sep 22, 2017. The allotment is expected to be finalized on Sep 28, 2017, and the tentative listing date is Oct 3, 2017.


The registrar of the IPO is Skyline Financial Services Private Ltd, and

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IPO Subscription Analysis And Details
Retail
0.91x
NII
1.51x
Total
1.21x
As on NII Retail Total
Shares Offered / Reserved N/A 9,00,000 9,00,000 18,00,000
Day 1 20-09-17
N/A x 0.01 x 0.05 x 0.03 x
Day 2 21-09-17
N/A x 0.01 x 0.39 x 0.20 x
Day 3 22-09-17
N/A x 1.51 x 0.91 x 1.21 x
Valuations
Earnings Per Share (EPS) Rs 0.46
P/E Ratio 53
RoNW 4.53%
Net Asset Value (NAV) Rs 27.68
IPO - Issue Objectives
1

Working capital requirement

2

General Corporate Purposes

3

Issue related expenses