Akme Fintrade India Ltd
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 18-06-2024 | 20-06-2024 | 10 | 120 | 125 Shares | BSE, NSE` | 11,000,000 shares (aggregating up to ₹132.00 Cr) | 2024-06-23 18:30:00 | 2024-06-24 18:30:00 | 2024-06-24 18:30:00 | 25-06-2024 |
About The Company
Aasaan Loans IPO is a book built issue of Rs 132.00 crores. The issue is entirely a fresh issue of 1.1 crore shares.
Aasaan Loans IPO opens for subscription on June 19, 2024 and closes on June 21, 2024. The allotment for the Aasaan Loans IPO is expected to be finalized on Monday, June 24, 2024. Aasaan Loans IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, June 26, 2024.
Aasaan Loans IPO price band is set at ₹114 to ₹120 per share. The minimum lot size for an application is 125 Shares. The minimum amount of investment required by retail investors is ₹15,000. The minimum lot size investment for sNII is 14 lots (1,750 shares), amounting to ₹210,000, and for bNII, it is 67 lots (8,375 shares), amounting to ₹1,005,000.
Gretex Corporate Services Limited is the book running lead manager of the Aasaan Loans IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Aasaan Loans IPO RHP for detailed information.
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 28.12 |
| Non-Institutional Buyers | 129.36 |
| bNII (bids above ₹10L) | 121.56 |
| sNII (bids below ₹10L) | 144.98 |
| Retail Investors | 43.38 |
| Employees | 5.32 |
| Total | 53.80 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 125 | 15000 |
| Retail (Max) | 13 | 1625 | 195000 |
| S-HNI (Min) | 14 | 1750 | 210000 |
| S-HNI (Max) | 66 | 8250 | 990000 |
| B-HNI (Min) | 67 | 8375 | 1005000 |
IPO Listing Details
| Listing Date | 25-06-2024 |
| BSE Script Code | 544200 |
| NSE Symbol | AFIL |
| ISIN | INE916Y01019 |
| Final Issue Price | 120 |
Promoter holdings
The promoters of the company are Nirmal Kumar Jain, Manju Devi Jain, Dipesh Jain and Nirmal Kumar Jain HUF.
Contact Information of the Company
Akme Fintrade India Ltd
AKME Business Centre (ABC),
4-5 Subcity Centre, Savina Circle opp
Krishi Upaz Mandi Udaipur,- 313002
Phone: +91- 294-2489501
Email: cs@aasaanloans.com
Website: https://aasaanloans.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Bigshare Services Pvt Ltd