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Open
10 Sep 2018
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Close
14 Sep 2018
3
Allotment
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Listing
Tue, Sep 25, 2018
Price Band
₹31 per share
Issue Size
17,80,000 shares (agg. up to ₹6 Cr)
Lot Size
4,000 Shares
Listing Date
Tue, Sep 25, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.10x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 52.41 | 60.58 | 56.50 |
| Total Income | 112.35 | 105.55 | 98.59 |
| Profit After Tax | 1.02 | 0.49 | 0.41 |
| NET Worth | 12.07 | 11.11 | 10.60 |
| Reserves and Surplus | 7.23 | 8.69 | 8.20 |
| Total Borrowing | 26.34 | 36.70 | 33.93 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Palm Jewels Ltd. | SME | ₹8.90 Cr | ₹30 | null | ₹35.85 | +19.50% | ₹14.86 (-3.51%) |
| Advitiya Trade India Ltd. | SME | ₹4.31 Cr | ₹15 | null | ₹15.76 | +5.07% | ₹6.68 (+0.90%) |
| Diggi Multitrade Ltd. | SME | ₹3.38 Cr | ₹13 | null | ₹13.03 | +0.23% | ₹13.99 (-0.07%) |
| MRC Exim Ltd. | SME | ₹4.50 Cr | ₹15 | null | ₹12.50 | -16.67% | ₹36.14 (+0.47%) |
| Sharika Enterprises Ltd. | SME | ₹13.87 Cr | ₹43 | null | ₹51.60 | +20.00% | ₹20.89 (-4.52%) |
| Mehai Technology Ltd. | SME | ₹6.00 Cr | ₹40 | null | ₹34.50 | -13.75% | ₹1.17 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part finance working capital requirements of the Company | 3.94 |
| 2 | To meet General corporate purposes | 0.90 |
About AKG Exim IPO
Incorporated in 2005, Delhi based Akg Exim Limited is a company engaged in the business of merchant trading of products and commodities. It is a global merchandiser and distributor of a range of products including Non-Basmati Rice, Spices, Dry Fruits, Metal Scrap, Iron Scrap and Aluminium scrap etc. AKG exports Metal Scrap from USA & West African Countries and sells it in Far East Countries & in Domesticmarkets. The Non-Basmati Rice is purchased from the domestic Market and exported to African Countries. The company's revenues from operations increased from Rs. 7,468.05 Lacs in 2014-2015 to Rs. 9859.04 Lacs in 2015-16 and further to Rs. 10489 Lacs in F.Y. 2016-17, at the rate of 32.01% and 6.40%. The Net Profit after tax grew from Rs. 40.71 Lacs in 2014-15 to Rs 48.86 Lacs in 2016-17, at the rate of 18.71%.The company has 18 employees on its payroll.+ Read More
Contact Details
AKG Exim Ltd. Address408-411, Pearls CorporateMangalam Place, Sector-3, RohiniBehind Kali Mata TempleDelhi, New Delhi, 110085+91-11-40015500info@akg-global.comVisit Website