AKG Exim Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

10 Sep 2018

Close Date

14 Sep 2018

Allotment

20 Sep 2018

Listing Date

25 Sep 2018

Exchange

NSE SME

Price Band

₹31

Listing Price

See chart

Allotment Status

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Price Band

₹31

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

17,80,000 shares (aggregating up to ₹5.52 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹124,000

1 lot

Pre-IPO Holding

48,40,120 shares

Promoters

Post-IPO Holding

66,20,120 shares

Promoters

UPI Deadline

2018-09-14

Mandate

Anchor AllotmentSun, 09 Sep 2018

Basis of AllotmentThu, 20 Sep 2018

Refund InitiationFri, 21 Sep 2018

Demat CreditFri, 21 Sep 2018

Listing DayTue, 25 Sep 2018

UPI Mandate Deadline2018-09-14

Sale TypeFresh Capital

Net Offer to Public16,88,000 shares (aggregating up to ₹5.23 Cr)

Market Maker Quota92,000 shares (aggregating up to ₹0.2852 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

AKG Exim Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 14 Sep 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	92,000	—	₹0.29
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,780,000	100%	₹5.52

IPO Shares Offered

AKG Exim Ltd. IPO total issue size: ₹5.52 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	92,000	₹0.29	5.17%
Total	1,780,000	₹5.52	100.00%

* Based on upper price band ₹31 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹31.00

Upper Band

Min Investment

₹124,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹248,000
Retail (Max — 13 Lots)	13	52,000	₹1,612,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,736,000
B-HNI (Min — 68 Lots)	68	272,000	₹8,432,000

* Issue Price ₹31 × Lot Size 4,000 shares

IPO Schedule

Anchor

09 Sep 2018

✓ Done

IPO Open

10 Sep 2018

✓ Done

IPO Close

14 Sep 2018

✓ Done

Allotment

20 Sep 2018

✓ Done

Refunds

21 Sep 2018

✓ Done

Demat Credit

21 Sep 2018

✓ Done

Listing Day

25 Sep 2018

✓ Done

₹31.00

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Issue ₹31.00 Live Price

About AKG Exim Ltd.

Incorporated in 2005, Delhi based Akg Exim Limited is a company engaged in the business of merchant trading of products and commodities. It is a global merchandiser and distributor of a range of products including Non-Basmati Rice, Spices, Dry Fruits, Metal Scrap, Iron Scrap and Aluminium scrap etc.AKG exports Metal Scrap from USA & West African Countries and sells it in Far East Countries & in Domesticmarkets. The Non-Basmati Rice is purchased from the domestic Market and exported to African Countries.The company's revenues from operations increased from Rs. 7,468.05 Lacs in 2014-2015 to Rs. 9859.04 Lacs in 2015-16 and further to Rs. 10489 Lacs in F.Y. 2016-17, at the rate of 32.01% and 6.40%.The Net Profit after tax grew from Rs. 40.71 Lacs in 2014-15 to Rs 48.86 Lacs in 2016-17, at the rate of 18.71%.The company has 18 employees on its payroll.

Objects of the Issue

1 To part finance working capital requirements of the Company

2 To meet General corporate purposes

AKG Exim Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹9,859.0

31-Mar-16

₹10,555.2

31-Mar-17

₹8,197.9

30-Nov-17

Profit After Tax (PAT)

₹41.2

31-Mar-16

₹48.9

31-Mar-17

₹62.8

30-Nov-17

Particulars	30-Nov-17	31-Mar-17	31-Mar-16
Revenue from Operations	8197.89	10555.24	9859.04
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	62.79	48.86	41.16
Net Worth	N/A	N/A	N/A
Total Assets	5999.48	6058.46	5650.17
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered17,80,000 (100.00%)

Net Offer to Public16,88,000 shares (aggregating up to ₹5.23 Cr)

Reserved for Market Maker92,000 shares (aggregating up to ₹0.2852 Cr)

Pre-Issue Promoter Holding48,40,120 shares

Post-Issue Promoter Holding66,20,120 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MAS Services Ltd.

(011) 2610 4142

info@masserv.com

https://www.masserv.com/opt.asp

Check Allotment

Book Running Lead Managers

Navigant Corporate Advisors Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much AKG Exim Ltd. IPO subscribed? ▲

AKG Exim Ltd. IPO is subscribed 1.00 times by Sep 14, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is AKG Exim Ltd. IPO retail subscription status? ▼

The AKG Exim Ltd. IPO retail category is subscribed 1.00 times as of 14 Sep 2018. The retail portion is oversubscribed.

How to subscribe AKG Exim Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 10 Sep 2018 and closes 14 Sep 2018. Min investment: ₹124,000 (1 lot = 4,000 shares). UPI mandate: 2018-09-14.

How many times AKG Exim Ltd. IPO subscribed? ▼

The AKG Exim Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check AKG Exim Ltd. IPO allotment? ▼

Check allotment on the registrar website (MAS Services Ltd.) at https://www.masserv.com/opt.asp. Enter your PAN, application number or DP/Client ID. Allotment date: 20 Sep 2018. Refunds: on 21 Sep 2018.

When AKG Exim Ltd. IPO will be listed? ▼

The AKG Exim Ltd. IPO listing date is 25 Sep 2018, Tuesday. Listed on: NSE SME. Issue price: ₹31. Estimated listing: ₹31. GMP: NIL.

When AKG Exim Ltd. IPO close? ▼

The AKG Exim Ltd. IPO closes on 14 Sep 2018, Friday. UPI mandate: 2018-09-14. Allotment: 20 Sep 2018. Listing: 25 Sep 2018.

Quick Actions

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Live Price LIVE

Last Price₹31.00

Change—

Issue Price₹31.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹31

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹124,000

GMPNIL

Est. Listing₹31

Subscribed1.00x

Open Date10 Sep 2018

Close Date14 Sep 2018

Allotment20 Sep 2018

Listing Date25 Sep 2018

ExchangeNSE SME

UPI Deadline2018-09-14