Akme Fintrade IPO Date, Price, GMP, Review, Details

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.

Akme Fintrade India IPO Documents Download
DRHP Download
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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