Akme Fintrade (India) Ltd

Opens On Closes On
19-Jun-24 21-Jun-24
Money Payable On
Application Allotment
120.00 0.00

Minimum Application for shares in Nos : 125 Further Multiples of : 125

Lead Managers to the Issue
Project Cost (₹.Cr) 0.00 Gretex Corporate Services Ltd
Project Financed through Current Offer (₹.Cr) 132.00  
Post Issue Equity Share Capital (₹.Cr) 42.67
Issue Price (₹) 120.00

Listing of the Equity Shares on the Stock Exchanges

Promoted By
Nirmal Kumar Jain
Manju Devi Jain
Dipesh Jain
Listing At
Registrar to the Issue
No Data Available
  • Registered Office: Akme Business Centre (ABC) 4-5,Subcity Centre Savina Circle, Udaipur - 313002, Rajasthan, India. 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.