Exchanges
BSE, NSE
Industry
Non Banking Financial Company (NBFC)
Issue
Book building

Akme Fintrade (India) IPO

₹133.35

+11.12% on listing

Listing-day close · NSE · 26 Jun 2024 · issue price ₹120

Akme Fintrade (India)’s ₹132 crore IPO was priced at ₹120 a share. It listed on the NSE on 26 Jun 2024 and closed its first day at ₹133.35, up 11.12% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹132 Cr
Fresh issue
₹132 Cr
Offer for sale
—
Lot size
125 shares
Minimum investment
₹15,000
Face value
₹10
Registrar
Bigshare Services

Subscription

Akme Fintrade (India) IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—39.44×

Overall, from the basis of allotment.

Financials and valuation

ROE
5.64%
Debt to equity
2.49
PAT margin
22.93%
Promoter holding
56.01% → 41.57%

Financials as of 31 Dec 2023, from the offer documents.

Listing

Listing date
26 Jun 2024
Issue price
₹120
Open
₹127.00
High
₹133.35
Low
₹127.00
Close
₹133.35

Listing day on the NSE. The close was +11.12% on the issue price.

Akme Fintrade India share price today

FAQs

When did the Akme Fintrade (India) IPO open and close?

It opened on 19 Jun 2024 and closed on 21 Jun 2024.

What was the Akme Fintrade (India) IPO price?

The price band was ₹114–120 a share. The final issue price was ₹120.

What is the lot size and minimum investment?

One lot is 125 shares, ₹15,000 at ₹120 a share. Retail investors apply in whole lots.

How much did Akme Fintrade (India) raise?

₹132 crore: ₹132 crore of new shares.

How many times was the Akme Fintrade (India) IPO subscribed?

39.44 times overall.

How did Akme Fintrade (India) list?

It listed on the NSE on 26 Jun 2024 at ₹127.00 and closed the day at ₹133.35, up 11.12% on the ₹120 issue price.

Who is the registrar of the Akme Fintrade (India) IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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