Initial public offering of 1,10,00,000^ equity shares of face value of
Rs. 10 each ("Equity Shares") of Akme Fintrade (India) Limited (The Company" or the "Issuer") for cash at a price of Rs. 120 per equity share (including a premium of Rs. 110 per equity share) ("Issue Price") aggregating up to
Rs. 132.00 crores ("The Issue"). The issue will constitute 25.78 % of the post-issue paid-up equity share capital. The issue includes a reservation of up to 5,50,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 6.60 crores (constituting up to 1.29 of the post-issue paid-up equity share capital) for subscription by eligible employees ("Employee Reservation Portion"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and net issue shall constitute 25.78 % and 24.49 %, respectively of the post-issue paid-up equity share capital of the company.
The face value of the equity shares is Rs. 10 each and the issue price is 12 times the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
19-Jun-2024
21-Jun-2024
₹ 120.00
₹ 0.00
Minimum Application for shares in Nos : 125.0
Further Multiples of : 125.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Gretex Corporate Services Ltd
Project Financed through Current Offer
132.00
Post Issue Equity Share Capital
42.67
Issue Price
₹120.00
Projects
Listing of the Equity Shares on the Stock Exchanges