Akiko Global Services Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

25 Jun 2024

Close Date

27 Jun 2024

Allotment

01 Jul 2024

Listing Date

02 Jul 2024

Exchange

NSE SME

Price Band

₹77

Listing Price

See chart

Allotment Status

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Price Band

₹77

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

30,01,600 shares (aggregating up to ₹23.11 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹123,200

1 lot

Pre-IPO Holding

77,68,000 shares

Promoters

Post-IPO Holding

1,07,69,600 shares

Promoters

P/E (Pre)

13.2x

P/E (Post)

21.5x

EPS (Pre)

₹5.83

EPS (Post)

₹3.58

UPI Deadline

2024-06-27

Mandate

Anchor AllotmentMon, 24 Jun 2024

Basis of AllotmentMon, 01 Jul 2024

Refund InitiationMon, 01 Jul 2024

Demat CreditMon, 01 Jul 2024

Listing DayTue, 02 Jul 2024

UPI Mandate Deadline2024-06-27

Sale TypeFresh Capital

Net Offer to Public28,51,200 shares (aggregating up to ₹21.95 Cr)

Market Maker Quota1,50,400 shares (aggregating up to ₹1.16 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Akiko Global Services Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Jun 2024.

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	150,400	—	₹1.16
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,001,600	100%	₹23.11

IPO Shares Offered

Akiko Global Services Ltd IPO total issue size: ₹23.11 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	150,400	₹1.16	5.01%
Total	3,001,600	₹23.11	100.00%

* Based on upper price band ₹77 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹77.00

Upper Band

Min Investment

₹123,200

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹246,400
Retail (Max — 13 Lots)	13	20,800	₹1,601,600
S-HNI (Min — 14 Lots)	14	22,400	₹1,724,800
B-HNI (Min — 68 Lots)	68	108,800	₹8,377,600

* Issue Price ₹77 × Lot Size 1,600 shares

IPO Schedule

Anchor

24 Jun 2024

✓ Done

IPO Open

25 Jun 2024

✓ Done

IPO Close

27 Jun 2024

✓ Done

Allotment

01 Jul 2024

✓ Done

Refunds

01 Jul 2024

✓ Done

Demat Credit

01 Jul 2024

✓ Done

Listing Day

02 Jul 2024

✓ Done

₹77.00

INR · NSE

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Issue ₹77.00 Live Price

About Akiko Global Services Ltd

Incorporated in June 2018, Akiko Global Services Limited partners with major banks and non-banking financial companies (NBFCs) in India. The company has six years of experience and specializes in distributing and selling financial products, such as credit cards and loans.The company specializes in helping banks and financial institutions in India sell credit cards and personal loans.The Money Fair, powered by Akiko Global Services Limited, is a technology platform that uses algorithms to gather and analyze data to assess creditworthiness. It provides insights for easy comparison of offers and aims to increase the chances of securing a loan or a card for customers.As of April 30, 2024, the company employs 418 permanent staff, including its directors and key managerial personnel.

Objects of the Issue

Implementation of ERP Solution and TeleCRM

Mobile Application for financial product solution

meet working capital requirements.

Enhancing visibility and awareness of the brands, including but not limited to "Akiko Global" or "Moneyfair

Akiko Global Services Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹1,353.3

31 Mar 2022

₹3,959.0

31 Mar 2023

₹2,609.8

31 Jan 2024

Profit After Tax (PAT)

₹77.9

31 Mar 2022

₹453.3

31 Mar 2023

₹321.5

31 Jan 2024

Particulars	31 Jan 2024	31 Mar 2023	31 Mar 2022
Revenue from Operations	2609.76	3958.97	1353.31
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	321.48	453.26	77.85
Net Worth	1403.37	578.40	123.14
Total Assets	1794.91	1130.87	405.67
Reserves & Surplus	626.57	574.40	121.14
Borrowings	122.05	95.89	26.13
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	12.41%	—	—

P/BV Ratio

3.75

RoE

32.44%

RoCE

29.23%

RoNW

22.91%

PAT Margin

12.41%

Debt/Equity

0.09

Issue Structure & Shareholding

Total Shares Offered30,01,600 (100.00%)

Net Offer to Public28,51,200 shares (aggregating up to ₹21.95 Cr)

Reserved for Market Maker1,50,400 shares (aggregating up to ₹1.16 Cr)

Pre-Issue Promoter Holding77,68,000 shares

Post-Issue Promoter Holding1,07,69,600 shares

P/BV Ratio3.75

RoE32.44%

RoCE29.23%

Debt / Equity0.09

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd

02228511022

compliances@skylinerta.com

https://www.skylinerta.com/ipo.php

Check Allotment

Book Running Lead Managers

Fast Track Finsec Pvt.Ltd

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

IPO Subscription FAQs

How much Akiko Global Services Ltd IPO subscribed? ▲

Akiko Global Services Ltd IPO is subscribed 1.00 times by Jun 27, 2024. 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 Akiko Global Services Ltd IPO retail subscription status? ▼

The Akiko Global Services Ltd IPO retail category is subscribed 1.00 times as of 27 Jun 2024. The retail portion is oversubscribed.

How to subscribe Akiko Global Services Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 25 Jun 2024 and closes 27 Jun 2024. Min investment: ₹123,200 (1 lot = 1,600 shares). UPI mandate: 2024-06-27.

How many times Akiko Global Services Ltd IPO subscribed? ▼

The Akiko Global Services Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Akiko Global Services Ltd IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Jul 2024. Refunds: on 01 Jul 2024.

When Akiko Global Services Ltd IPO will be listed? ▼

The Akiko Global Services Ltd IPO listing date is 02 Jul 2024, Tuesday. Listed on: NSE SME. Issue price: ₹77. Estimated listing: ₹77. GMP: NIL.

When Akiko Global Services Ltd IPO close? ▼

The Akiko Global Services Ltd IPO closes on 27 Jun 2024, Thursday. UPI mandate: 2024-06-27. Allotment: 01 Jul 2024. Listing: 02 Jul 2024.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹77.00

Change—

Issue Price₹77.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹77

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹123,200

GMPNIL

Est. Listing₹77

Subscribed1.00x

Open Date25 Jun 2024

Close Date27 Jun 2024

Allotment01 Jul 2024

Listing Date02 Jul 2024

ExchangeNSE SME

UPI Deadline2024-06-27