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Open
19 Jun 2024
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Close
21 Jun 2024
3
Allotment
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Listing
Wed, Jun 26, 2024
Price Band
₹114 to ₹120
Issue Size
1,10,00,000 shares (agg. up to ₹132 Cr)
Lot Size
125 Shares
Listing Date
Wed, Jun 26, 2024
Latest GMP
₹16
Est. Gain
13.33%
✦ AI Insight
GMP Trend
26-06-2024₹16Est. ₹136+13.33%
25-06-2024₹16Est. ₹136+13.33%
24-06-2024₹18Est. ₹138+15%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 39.44x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 417.96 | 390.50 | 374.01 | 455.40 |
| Total Income | 53.45 | 69.57 | 67.50 | 86.79 |
| Profit After Tax | 12.25 | 15.80 | 4.12 | 16.31 |
| NET Worth | 217.01 | 204.78 | 136.84 | 130.26 |
| Reserves and Surplus | 185.34 | 173.11 | 115.03 | 108.45 |
| Total Borrowing | 195.19 | 177.76 | 230.06 | 317.82 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Fedbank Financial Services Ltd. | Mainboard | ₹1,092.26 Cr | ₹140 | 25.04 | ₹140.25 | +0.18% | ₹156.94 |
| SBFC Finance Ltd. | Mainboard | ₹1,025.00 Cr | ₹57 | 40.42 | ₹92.20 | +61.75% | ₹99.59 |
| IBL Finance Ltd. | SME | ₹33.41 Cr | ₹51 | 48.08 | ₹58.80 | +15.29% | ₹60.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting the capital base of Company to fulfil its future capital requirement | 117.94 |
| Total | 117.94 |
About Akme Fintrade IPO
Updated on Aug 12, 2026
Contact Details
Akme Fintrade (India) Ltd. AddressAKME Business Centre (ABC)4-5 Subcity Centre, Savina Circle oppKrishi Upaz MandiUdaipur, Rajasthan, 313002+91- 294-2489501cs@aasaanloans.comVisit Website