IPO Synopsis

Akme Fintrade (India) Ltd
Registered Office: Akme Business Centre (ABC) 4-5,Subcity Centre Savina Circle,Udaipur-313002, Rajasthan
Tel. No: 91-294-2489501-02
Fax No:
Email: cs@aasaanloans.com
Website: www.aasaanloans.com
Initial public offering of 1,10,00,000^ equity shares of face value of Rs. 10 each ("Equity Shares") of Akme Fintrade (India) Limited (The Company" or the "Issuer") for cash at a price of Rs. 120 per equity share (including a premium of Rs. 110 per equity share) ("Issue Price") aggregating up to Rs. 132.00 crores ("The Issue"). The issue will constitute 25.78 % of the post-issue paid-up equity share capital. The issue includes a reservation of up to 5,50,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 6.60 crores (constituting up to 1.29 of the post-issue paid-up equity share capital) for subscription by eligible employees ("Employee Reservation Portion"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and net issue shall constitute 25.78 % and 24.49 %, respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 12 times the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
19-Jun-2024 21-Jun-2024 ₹120.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 125 Further Multiples of :125
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Gretex Corporate Services Ltd
Project Financed through Current Offer 132.00
Post Issue Equity Share Capital 42.67
Issue Price 120.00
Projects
Listing of the Equity Shares on the Stock Exchanges
Promoted By
Nirmal Kumar Jain
Manju Devi Jain
Dipesh Jain
Listing At
BSE
NSE
Registrar To The Issue