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Open
27 Dec 2023
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Close
29 Dec 2023
3
Allotment
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Listing
Wed, Jan 3, 2024
Price Band
₹52 to ₹55
Issue Size
49,98,000 shares (agg. up to ₹27 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Jan 3, 2024
Latest GMP
₹10
Est. Gain
18.18%
✦ AI Insight
GMP Trend
03-01-2024₹10Est. ₹65+18.18%
02-01-2024₹10Est. ₹65+18.18%
01-01-2024₹10Est. ₹65+18.18%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 81.44x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 55.31 | 47.63 | 38.39 | 37.81 |
| Total Income | 10.27 | 46.44 | 52.07 | 74.41 |
| Profit After Tax | 0.71 | 2.91 | 2.41 | 3.92 |
| NET Worth | 20.75 | 15.96 | 13.05 | 10.65 |
| Reserves and Surplus | 7.23 | 14.14 | 11.24 | 8.83 |
| Total Borrowing | 17.23 | 15.28 | 10.55 | 8.91 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Supreme Power Equipment Ltd. | SME | ₹46.67 Cr | ₹65 | 10.69 | ₹102.90 | +58.31% | ₹226.75 |
| Electro Force (India) Ltd. | SME | ₹80.68 Cr | ₹93 | 20.22 | ₹105.00 | +12.90% | ₹19.60 |
| Saakshi Medtech & Panels Ltd. | SME | ₹45.16 Cr | ₹97 | 10.18 | ₹153.30 | +58.04% | ₹333.75 |
| Sungarner Energies Ltd. | SME | ₹5.31 Cr | ₹83 | 13.07 | ₹262.35 | +216.08% | ₹328.50 |
| Oriana Power Ltd. | SME | ₹59.66 Cr | ₹118 | 20.7 | ₹317.10 | +168.73% | ₹1,233.40 |
| Rishabh Instruments Ltd. | Mainboard | ₹490.78 Cr | ₹441 | null | ₹443.15 | +0.49% | ₹815.90 |
| Avalon Technologies Ltd. | Mainboard | ₹865.00 Cr | ₹436 | 55.54 | ₹398.00 | -8.72% | ₹2,293.60 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure | 5.00 |
| 2 | Working Capital Requirement | 15.00 |
| 3 | General Corporate Purposes | 2.47 |
| 4 | Issue Expenses | 5.02 |
| Total | 27.49 |
About Akanksha Power IPO
Updated on Aug 12, 2026
Contact Details
Akanksha Power & Infrastructure Ltd. AddressPlot No.87/4MIDC, SatpurNashik, Maharashtra, 422007+91 9370345000bdm@apil.co.inVisit Website