Akanksha Power and Infrastructure Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 26-12-2023 | 28-12-2023 | 10 | 0 | 2000 | NSE SME | N/A | 2023-12-31 18:30:00 | 2024-01-01 18:30:00 | 2024-01-02 18:30:00 | 02-01-2024 |
About The Company
Akanksha Power and Infrastructure IPO is a book built issue of Rs 27.49 crores. The issue is entirely a fresh issue of 49.98 lakh shares.
Akanksha Power and Infrastructure IPO opens for subscription on December 27, 2023 and closes on December 29, 2023. The allotment for the Akanksha Power and Infrastructure IPO is expected to be finalized on Monday, January 1, 2024. Akanksha Power and Infrastructure IPO will list on NSE SME with tentative listing date fixed as Wednesday, January 3, 2024.
Akanksha Power and Infrastructure IPO price band is set at ₹52 to ₹55 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹110,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹220,000.
Narnolia Financial Services Ltd is the book running lead manager of the Akanksha Power and Infrastructure IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for Akanksha Power and Infrastructure IPO are Nikunj Stock Brokers and Ss Corporate Securities.
Refer to Akanksha Power and Infrastructure IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 29-06-2023 | 5531 | 1027 | 71 | 2074.75 | 722.7 | 1722.62 |
| 30-03-2023 | 4763 | 4644 | 291 | 1595.94 | 1414.44 | 1527.68 |
| 30-03-2022 | 3839 | 5207 | 241 | 1305.42 | 1123.92 | 1055.03 |
| 30-03-2021 | 3781 | 7441 | 392 | 1064.5 | 1883 | 891.47 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | 110000 |
| Retail (Max) | 1 | 2000 | 110000 |
| HNI (Min) | 2 | 4000 | 220000 |
IPO Listing Details
| Listing Date | 02-01-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Mr Bipin Bihari Das Mohapatra and Ms Chaitali Bipin Dasmohapatra.
Contact Information of the Company
Akanksha Power and Infrastructure Limited
Plot No. 87/4
MIDC, Satpur,
Nashik- 422007,
Phone: +91 9370345000
Email: bdm@apil.co.in
Website: https://www.apil.co.in/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: akanksha.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
IPO Lead Manager
Narnolia Financial Services Ltd