Akshar Spintex Limited IPO
BSE SME₹ 240000 /6000 Shares
*Min Investment
27 Apr, 2018
Open Date03 May, 2018
Close Date09 May, 2018
Allotment Date11 May, 2018
Listing DateIPO Issue Details
- Issue Price Rs 40 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 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
- Lead Manager PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
- Registrar Bigshare Services Pvt. Ltd
IPO Details
- Retail Portion N/A
IPO Details
Akshar Spintex Limited IPO is an SME IPO, priced at Rs 40 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 Apr 27, 2018 to May 3, 2018. The allotment is expected to be finalized on May 9, 2018, and the tentative listing date is May 11, 2018.
The registrar of the IPO is Bigshare Services Pvt. Ltd , and
IPO Subscription Analysis And Details
| 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 | 33,21,000 1.04 x | 44,88,000 0.70 x |
Day 2 30-04-18 | 11,67,000 0.36 x | 37,38,000 1.17 x | 49,05,000 0.77 x |
Day 3 02-05-18 | 14,61,000 0.46 x | 1,20,03,000 3.75 x | 1,34,64,000 2.10 x |
Day 3 03-05-18 | 55,32,000 1.73 x | 2,96,04,000 9.25 x | 3,51,36,000 5.49 x |
Valuations
IPO - Issue Objectives
Funding the working capital requirements of the Company.
For general corporate purposes.
IPO - FAQs
Ans. Akshar Spintex Limited IPO is a SME IPO. The issue is priced at Rs 40 Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Apr 27, 2018, and closes on May 3, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Akshar Spintex Limited IPO opens on Apr 27, 2018 and closes on May 3, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Akshar Spintex Limited IPO is 67,47,000 Equity Shares of Rs 10/- each at a price of 40/- per share aggregating to 26.99 Cr.
Ans. The Akshar Spintex Limited IPO price band is set between Rs 40 Per Equity Share .
Ans. To apply for Akshar Spintex Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Akshar Spintex 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 Akshar Spintex Limited IPO is May 9, 2018.
Ans. The Akshar Spintex Limited IPO will be listed on May 11, 2018.
Ans. Follow the steps to check the Akshar Spintex Limited IPO allotment status online.
