Akme Fintrade India IPO

Akme Fintrade India Limited  is launching an IPO with 1.1 crore shares worth INR 132 crore to boost its capital base for future growth and opportunities.

Important Details

Open Date : June 19, 2024 Close Date : June 21, 2024 Allotment Date: June 24, 2024 Listing Date: June 26, 2024

Important Details

IPO Price: INR 114-120 per share Lot Size: 125 Shares Total Issue Size: INR 132 crores

Fundamental Analysis

Akme Fintrade India analysis shows mixed performance: 1. Revenue shows modest annual growth. 2. Profitability has improved & Rising equity levels. 3. EPS & RoNW are increasing. 4. Increased Total assets, indicating potential business growth.

Peer Comparison

1. Indian counterparts operate in the same industry. 2. Distinctions arise from varying business models. 3. Differences in serviced verticals. 4. Geographical reach varies, Diverse customer segments. 5. Unique aspects define each business.


1. Main objective: NBFC, Base layer entity per RBI guidelines. 2. Focus: Rural and semi-urban lending. 3. Augmenting capital base for business expansion. 4. Maintaining high CRAR for growth.

Risks And Challenges

Akme Fintrade India IPO risks: 1. Risk of revenue decline due to cautious loan disbursement. 2. Potential impact on financial health from higher NPAs post-COVID. 3. Penalties from RBI inspections for operational deficiencies.