The Akme Fintrade aka Aasaan Loans has begun on 19-June-2024. It will close on 21-June-2024. The Total IPO Size is 132 Crore. The company set its IPO price is 114-120 Rs Per Share.
Akme Fintrade India IPO Subscription is divided into three categories 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail.
Akme Fintrade is Know as Aasaan Loans.
Akme Fintradeare a non-banking finance company (“NBFC”) incorporated in the year 1996 registered with the Reserve Bank of India as a Non-systemically important non-deposit taking company.
They are primarily engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. The portfolio includes Vehicle Finance and Business Finance Products to small business owners.
The digital lending platform www.aasaanloans.com is currently under development and will be rolled out in a phased manner.
They have footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat through registered office located at Udaipur, Rajasthan, our Corporate Office located in Mumbai, Maharashtra, 12 branches and over 25 points of presence including digital and physical branches having served over 2,00,000 customers till date.
Name of Promoters
Nirmal Kumar Jain, Manju Devi Jain, Dipesh Jain and Nirmal Kumar Jain HUF are the Promoters of the company.
Akme Fintrade IPO Date, Details & Price Band
The Akme Fintrade IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 19-June-2024 |
| IPO Closing Dates | 21-June-2024 |
| Price Band | 114-120 Rs |
| Fresh Issue | 132.00 Crore |
| Total IPO size | 132.00 Crore |
| Minimum bid (lot size) | 125 Shares |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 35% |
| Retail Allocation | 15% |
| Listing On | NSE, BSE |
Akme Fintrade IPO Market Lot
The Akme Fintrade IPO minimum market lot is 125 shares With 15,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 125 | 15,000 ₹ |
| Retail Maximum | 13 | 1625 | 195,000 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit/loss After Tax | |
| 31-Dec-23 | 417.96 | 53.45 | 12.25 |
| 31-Mar-23 | 390.50 | 69.57 | 15.80 |
| 31-Mar-22 | 374.01 | 67.50 | 4.12 |
| 31-Mar-21 | 455.40 | 86.79 | 16.31 |
Akme Fintrade IPO GMP & Grey Market Premium
Akme Fintrade IPO GMP Grey market premium has been started today. Check Latest Akme Fintrade India IPO GMP, Kostak Rates and Subject to Sauda Price here.
Akme Fintrade India IPO Prospectus
Akme Fintrade India IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Akme Fintrade India IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Akme Fintrade India IPO Reviews
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Akme Fintrade India IPO Form Download
Akme Fintrade India IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Akme Fintrade India IPO forms.
Akme Fintrade India IPO Allotment Date & Details
| Allotment Date | 24-June-2024 |
| Initiation of refunds | 25-June-2024 |
| Transfer of shares to Demat accounts | 25-June-2024 |
| Listing Date | 26-June-2024 |
| Check Allotment Status | Click here |
Registrar of Akme Fintrade India
Bigshare Services Private Limited
S62, 6th Pinnacle Business Park,
Mahakali Caves Road, Next to Ahura Centre,
Andheri East, Mumbai – 400093
Maharashtra, India
Tel: +91 22 6263 8200
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.bigshareonline.com
Contact Person: Mr. Babu Raphael C
SEBI Registration Number: INR000001385
Akme Fintrade India Contact Details
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: [email protected]
Website: https://aasaanloans.com/
Akme Fintrade India IPO Lead Managers
Gretex Corporate Services Limited
A-401, Floor 4th, Plot FP-616, (PT),
Naman Midtown, Senapati Bapat Marg,
Near Indiabulls, Dadar (West), Mumbai –
400013, Maharashtra, India
Tel: +91-22-62280818/9653249863
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.gretexcorporate.com
Contact Person: Mr. Alok Harlalka
SEBI Registration No: INM000012177