“Akme Fintrade IPO Day 2 Draws Diverse Crowd, Hits 11.61x Subscription Rate”

y 2 of Akme Fintrade India's IPO: QIBs at 0.17x, NIIs at 22.21x, RIIs at 15.11x, Employees at 1.56x, totaling an 11.61x overall subscription rate.
"Akme Fintrade IPO Day 2 Draws Diverse Crowd, Hits 11.61x Subscription Rate"

Akme Fintrade India IPO on Day 2 saw varied interest levels across investor categories. QIBs subscribed minimally at 0.17 times, while NIIs and RIIs subscribed at 22.21 and 15.11 times, respectively. Employees subscribed 1.56 times, bringing the total subscription to 11.61 times.

How To Check Akme Fintrade India Limited IPO Subscription Status?

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Akme Fintrade India Ltd IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Akme Fintrade IPO Allotment Status

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

Akme Fintrade IPO Subscription Status

Akme Fintrade India IPO on Day 1 saw varied interest across investor categories: QIBs subscribed just 0.02 times, Non-Institutional Investors at 5.15 times, Retail Individual Investors at 4.16 times, and Employees at 0.56 times, totaling a subscription rate of 3.01 times.

Akme Fintrade IPO Limited IPO Listing Date 

Akme Fintrade IPO is expected to be listed on the NSE SME on June 26, 2024.

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