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Akme Fintrade India IPO Allotment Status, Subscription, and IPO Details

The Akme Fintrade India IPO is scheduled for allocation on June 24, 2024, with a share price range of ₹114 to ₹120 per share. The offering permits bidding for 125 shares or its multiples.
Akme Fintrade India IPO Allotment Status, Subscription, and IPO Details
Akme Fintrade India IPO Allotment Status, Subscription, and IPO Details

Akme Fintrade India IPO Allotment Status

The allotment date for the Akme Fintrade India IPO is set for June 24, 2024, with shares priced between ₹114 and ₹120 per share, and a face value of ₹10. This offering includes lots of 125 shares, and bids are accepted for these lots or their multiples.

Akme Fintrade India IPO Allotment Status Check 

To ascertain their allocation status for the Akme Fintrade India IPO, investors can easily navigate through the steps provided on either the BSE platform or the IPO registrar Purva Sharegistry India website.

Akme Fintrade India IPO Allotment Status BSE 

Here are steps to check Akme Fintrade India IPO allotment status on the BSE website.

Step 1: Visit the BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Akme Fintrade India from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Akme Fintrade India IPO allotment status on Purva Sharegistry India website

Step 1: Visit IPO registrar website – Purva Sharegistry India

Step 2: Select ‘Akme Fintrade India’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Akme Fintrade India IPO allotment status will be reflected on the screen.

Akme Fintrade India IPO GMP Today

The Akme Fintrade India IPO GMP (Grey Market Premium) is ₹30 as of June 23.

Akme Fintrade India IPO Subscription Status 

On the last day of Akme Fintrade IPO, significant subscriptions were received: Qualified Institutional Buyers (QIBs) subscribed 28.12 times, Non-Institutional Investors (NIIs) subscribed 130.32 times, Retail Individual Investors (RIIs) subscribed 45.68 times, and Employees subscribed 5.53 times, resulting in an overall subscription rate of 55.07 times.

Akme Fintrade India IPO Details

The Akme Fintrade India IPO has an offer size of ₹132 crore, which includes a fresh issue of 1,10,00,000 shares. The IPO opened on June 19 and will close on June 21, with a price range of ₹114 to ₹120 per share. The issue is scheduled for allotment on June 24, with the listing planned for June 26. The company seeks funds to increase its capital base to meet future capital requirements and growth opportunities.

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