AKI India Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

28 Sep 2018

Close Date

05 Oct 2018

Allotment

11 Oct 2018

Listing Date

12 Oct 2018

Exchange

BSE SME

Price Band

₹11

Listing Price

See chart

Allotment Status

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Price Band

₹11

Per share

Face Value

₹10 per share

Lot Size

10,000 Shares

per lot

Issue Size

28,00,000 shares (aggregating up to ₹3.08 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹110,000

1 lot

Pre-IPO Holding

74,97,000 shares

Promoters

Post-IPO Holding

1,02,97,200 shares

Promoters

UPI Deadline

2018-10-05

Mandate

Anchor AllotmentThu, 27 Sep 2018

Basis of AllotmentThu, 11 Oct 2018

Refund InitiationFri, 12 Oct 2018

Demat CreditFri, 12 Oct 2018

Listing DayFri, 12 Oct 2018

UPI Mandate Deadline2018-10-05

Sale TypeFresh Capital

Net Offer to Public26,60,000 shares (aggregating up to ₹2.93 Cr)

Market Maker Quota1,40,000 shares (aggregating up to ₹0.1540 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

AKI India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Oct 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	140,000	—	₹0.15
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,800,000	100%	₹3.08

IPO Shares Offered

AKI India Ltd. IPO total issue size: ₹3.08 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	140,000	₹0.15	5.00%
Total	2,800,000	₹3.08	100.00%

* Based on upper price band ₹11 per share

Lot Size & Investment

Lot Size

10,000

Shares per Lot

Issue Price

₹11.00

Upper Band

Min Investment

₹110,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	20,000	₹220,000
Retail (Max — 13 Lots)	13	130,000	₹1,430,000
S-HNI (Min — 14 Lots)	14	140,000	₹1,540,000
B-HNI (Min — 68 Lots)	68	680,000	₹7,480,000

* Issue Price ₹11 × Lot Size 10,000 shares

IPO Schedule

Anchor

27 Sep 2018

✓ Done

IPO Open

28 Sep 2018

✓ Done

IPO Close

05 Oct 2018

✓ Done

Allotment

11 Oct 2018

✓ Done

Refunds

12 Oct 2018

✓ Done

Demat Credit

12 Oct 2018

✓ Done

Listing Day

12 Oct 2018

✓ Done

₹11.00

INR · BSE

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Issue ₹11.00 Live Price

About AKI India Ltd.

Incorporated in 1994, Kanpur based AKI India Limited is a company engaged in the business of manufacturing and export of leather and leather goods. The company manufactures saddlery products, footwear as well as leather.The company operates through two business verticals, retail, and distribution. The retail business operates through exclusive stores while the distribution vertical operates through multi-brand outlets.The total revenue (consolidated) of the company increased from Rs 1821.75 lakhs in 2014 to Rs 4912 lakhs in 2018, at a CAGR of 21.94 %.The EBITDA grew from Rs 306.19 lakhs in 2016 to Rs 400.02 lakhs in Fiscal 2018, at a CAGR of 15.32%.The company employs 16 full time and 27 contracted labors.

Objects of the Issue

1 To Meet working capital requirement

2 Public issue expenses

3 General corporate purpose

AKI India Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹4,067.5

31-Mar-16

₹4,269.9

31-Mar-17

₹4,536.3

31-Mar-18

Profit After Tax (PAT)

₹14.3

31-Mar-16

₹15.1

31-Mar-17

₹102.2

31-Mar-18

Particulars	31-Mar-18	31-Mar-17	31-Mar-16
Revenue from Operations	4536.26	4269.87	4067.47
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	102.22	15.11	14.26
Net Worth	N/A	N/A	N/A
Total Assets	3575.64	3992.77	3910.23
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 Offered28,00,000 (100.00%)

Net Offer to Public26,60,000 shares (aggregating up to ₹2.93 Cr)

Reserved for Market Maker1,40,000 shares (aggregating up to ₹0.1540 Cr)

Pre-Issue Promoter Holding74,97,000 shares

Post-Issue Promoter Holding1,02,97,200 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

aki.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Finshore Management Services Ltd.

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

IPO Subscription FAQs

How much AKI India Ltd. IPO subscribed? ▲

AKI India Ltd. IPO is subscribed 1.00 times by Oct 05, 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 AKI India Ltd. IPO retail subscription status? ▼

The AKI India Ltd. IPO retail category is subscribed 1.00 times as of 05 Oct 2018. The retail portion is oversubscribed.

How to subscribe AKI India Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 28 Sep 2018 and closes 05 Oct 2018. Min investment: ₹110,000 (1 lot = 10,000 shares). UPI mandate: 2018-10-05.

How many times AKI India Ltd. IPO subscribed? ▼

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

How to check AKI India Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Oct 2018. Refunds: on 12 Oct 2018.

When AKI India Ltd. IPO will be listed? ▼

The AKI India Ltd. IPO listing date is 12 Oct 2018, Friday. Listed on: BSE SME. Issue price: ₹11. Estimated listing: ₹11. GMP: NIL.

When AKI India Ltd. IPO close? ▼

The AKI India Ltd. IPO closes on 05 Oct 2018, Friday. UPI mandate: 2018-10-05. Allotment: 11 Oct 2018. Listing: 12 Oct 2018.

Quick Actions

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Live Price LIVE

Last Price₹11.00

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Issue Price₹11.00

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Quick Summary

StatusListed

Issue Price₹11

Face Value₹10

Lot Size10,000 Sh

Min. Amount₹110,000

GMPNIL

Est. Listing₹11

Subscribed1.00x

Open Date28 Sep 2018

Close Date05 Oct 2018

Allotment11 Oct 2018

Listing Date12 Oct 2018

ExchangeBSE SME

UPI Deadline2018-10-05