✓
Open
25 Jun 2024
✓
Close
27 Jun 2024
3
Allotment
—
✓
Listing
Tue, Jul 2, 2024
Price Band
₹73 to ₹77
Issue Size
30,01,600 shares (agg. up to ₹23 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Jul 2, 2024
Latest GMP
₹5
Est. Gain
6.49%
✦ AI Insight
GMP Trend
02-07-2024₹5Est. ₹82+6.49%
01-07-2024₹5Est. ₹82+6.49%
30-06-2024₹15Est. ₹92+19.48%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 26.44x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 17.95 | 11.31 | 4.06 | 2.35 |
| Total Income | 26.10 | 39.59 | 13.53 | 6.11 |
| Profit After Tax | 3.21 | 4.53 | 0.78 | 0.23 |
| NET Worth | 14.03 | 5.78 | 1.23 | 0.45 |
| Reserves and Surplus | 6.27 | 5.74 | 1.21 | 0.43 |
| Total Borrowing | 1.22 | 0.96 | 0.26 | 0.50 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Beacon Trusteeship Ltd. | SME | ₹32.52 Cr | ₹60 | 16.49 | ₹94.50 | +57.50% | ₹96.00 (+1.05%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Implementation of ERP Solution and TeleCRM | 1.70 |
| 2 | Mobile Application for financial product solution | 2.80 |
| 3 | To meet working capital requirements | 11.39 |
| 4 | Enhancing visibility and awareness of our brands, including but not limited to “Akiko Global” or “Moneyfair” | 2.00 |
| 5 | General Corporate Purpose | 3.37 |
| 6 | Issue Expenses | 1.86 |
About Akiko Global IPO
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.+ Read More
Contact Details
Akiko Global Services Ltd. Address11th Floor, Off.No.8/4-D, Vishwadeep BuildingDistrict CentreJanak PuriDelhi, New Delhi, 110058011-4010 4241accounting@akiko.co.inVisit Website