Akshar Spintex Limited IPO
Akshar Spintex Limited is a BSE SME IPO is priced at ₹40 per share with an issue size of 67,47,000 Equity Shares of Rs 10/- each at a price of 40/- per share aggregating to 26.99 Cr. The IPO opens on Apr 27, 2018 and closes on May 3, 2018, with a lot size of 3000 shares and a minimum investment of ₹1,20,000.
Akshar Spintex Limited IPO
- IPO Dates
- Apr 27, 2018 – May 3, 2018
- Price band
- ₹40 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- 67,47,000 Equity Shares of Rs 10/- each at a price of 40/- per share aggregating to 26.99 Cr
- Lot size
- 3000
- Allotment Date
- May 9, 2018
- Listing
- May 11, 2018
- Listing At
- BSE SME
IPO timeline
-
Apr 27, 2018
Open Date
Completed
-
May 3, 2018
Close Date
Completed
-
May 9, 2018
Allotment Date
Completed
-
May 11, 2018
Listing Date
Completed
Akshar Spintex Limited IPO Essentials
Akshar Spintex Limited IPO Details
Akshar Spintex Limited IPO is priced at ₹40 per share with a total issue size of 67,47,000 Equity Shares of Rs 10/- each at a price of 40/- per share aggregating to 26.99 Cr. The IPO has a lot size of 3000 shares and will be listed on BSE SME.
- Issue price
- Rs 40 Per Equity Share
- Lot size
- 3000 shares
- Face value
- Rs 10 Per Equity Share
- Issue size
- 67,47,000 Equity Shares of Rs 10/- each at a price of 40/- per share aggregating to 26.99 Cr
- Listing at
- BSE SME
- List price
- Listing date
- Registrar
- Bigshare Services Pvt. Ltd
- Lead manager
-
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Akshar Spintex Limited IPO Details
- Retail Portion N/A
Akshar Spintex Limited IPO Analytics
Akshar Spintex Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Akshar Spintex Limited IPO Subscription Status
Akshar Spintex 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 | 32,01,000 | 32,01,000 | 64,02,000 |
|
Day 1
27-04-18
|
11,67,000 (0.36) x | 1.04 x | 0.70 x |
|
Day 2
30-04-18
|
11,67,000 (0.36) x | 1.17 x | 0.77 x |
|
Day 3
02-05-18
|
14,61,000 (0.46) x | 3.75 x | 2.10 x |
|
Day 3
03-05-18
|
55,32,000 (1.73) x | 9.25 x | 5.49 x |
Akshar Spintex Limited Valuations
Earnings
- EPS (Post IPO)
- Rs 2.15
- P/E Ratio
- 18.57
Returns
- RoNW
- 17.08%
Akshar Spintex Limited Company & Offer Insights
Akshar Spintex Limited IPO Issue Objectives
- •
- Funding the working capital requirements of the Company.
- •
- For general corporate purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Akshar Spintex Limited IPO is a Fixed Priced IPO worth ₹67,47,000 Equity Shares of Rs 10/- each at a price of 40/- per share aggregating to 26.99 Cr. The issue price is ₹40 per share (fixed price). The IPO opens on Apr 27, 2018 and closes on May 3, 2018. It will be listed on BSE SME Platform. Bigshare Services Pvt. Ltd is the registrar.
The issue price of Akshar Spintex Limited IPO is ₹40 per share (fixed price).
The lot size of Akshar Spintex Limited IPO is 3000 shares.
The minimum investment for Akshar Spintex Limited IPO is approximately ₹1,20,000 based on the issue price .
Akshar Spintex Limited IPO opens on Apr 27, 2018 and closes on May 3, 2018.
The allotment date of Akshar Spintex Limited IPO is May 9, 2018.
Akshar Spintex Limited IPO is expected to be listed on May 11, 2018, on BSE SME Platform.
Akshar Spintex Limited IPO valuation snapshot: P/E 18.57, EPS Rs 2.15, P/B N/A, RoNW 17.08%, and market cap N/A.
To apply for Akshar Spintex 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 Akshar Spintex 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 Akshar Spintex Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Akshar Spintex Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Akshar Spintex Limited IPO allotment status on IPO Ji for quick and easy access.