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Akme Fintrade (India) Ltd

Akme Fintrade (India) Ltd

    Registered Office : Akme Business Centre (ABC) 4-5,Subcity Centre Savina Circle,Udaipur Rajasthan 313002 Phone : 91-294-2489501-02
    Fax :

    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

Opens On

Closes On

19-Jun-2024

21-Jun-2024

Money Payable On

Application

Allotment

120.00

0.00

Minimum Application for shares in Nos : 125.0 Further Multiples of : 125.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

132.00

42.67

120.00

Gretex Corporate Services Ltd

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
  • Bigshare Services Pvt Ltd