Akme Fintrade IPO Subscription Details

Bookbuilding IPO | ₹132 Cr | Listed at BSE, NSE | Wed, Jun 19, 2024 - Fri, Jun 21, 2024

Basis of Allotment - Akme Fintrade IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)20,90,00031,35,00052,25,0005,22,50010,45,00015,67,50036,57,5005,50,0001,10,00,000
Allotment price (Rs.)120120120120120120120120120
No.of applications1942343,29714,93658,23311,65,8698212,24,207
No.of shares applied5,68,44,37541,67,0006,10,11,3757,83,07,87512,70,05,12520,53,13,00016,73,44,6251,73,75043,38,42,750
Amount collected (Rs.cr.)682.13 50.00 732.14 939.69 1,524.06 2,463.76 2,008.14 2.09 5,206.11
No.of times subscribed27.201.3311.68149.87121.54130.9845.750.3239.44
No.of shares allotted22,78,12431,35,00054,13,1245,41,31210,82,62616,23,93837,89,1881,73,7501,10,00,000
Amount (Rs.cr.)27.34 37.62 64.96 6.50 12.99 19.49 45.47 2.09 132.00
No.of allottees1942330961892730,3138231,345

IPO Shares Offered

Akme Fintrade IPO is a public issue of 1.10 Cr equity shares. The issue offers 0.37 Cr shares to retail investors, 0.52 Cr shares to qualified institutional buyers, and 0.16 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 52,25,00062.70 47.50%
    Anchor 31,35,000 37.62 28.50%
    QIB (Ex Anchor) 20,90,000 25.08 19.00%
NII 15,67,50018.81 14.25%
    bNII (> ₹10L)10,45,00012.54 9.50%
    sNII (< ₹10L)5,22,5006.27 4.75%
Retail36,57,50043.89 33.25%
Employee5,50,0006.60 5.00%
Total1,10,00,000132.00 100%

Akme Fintrade IPO Anchor Investor Allocation

A total of 31,35,000 shares at a price of Rs 120 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJun 18, 2024
Anchor investor price₹120.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days15,67,500
No. of shares locked-in for 90 days15,67,500
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 3 SIGMA GLOBAL FUND 3 SIGMA GLOBAL FUND 8,33,500 10.00 26.59 7.58
2 ZEAL GLOBAL OPPORTUNITIES FUND ZEAL GLOBAL 4,16,750 5.00 13.29 3.79
3 SB OPPORTUNITIES FUND I SB OPPORTUNITIES FUND 12,50,250 15.00 39.88 11.37
4 VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES VIKASA 6,34,500 7.61 20.24 5.77
31,35,00037.6210028.50

IPO Subscription FAQs

The Akme Fintrade IPO is subscribed 54.49 times by Jun 21, 2024 18:19.

Akme Fintrade IPO Subscription

Investor Category Subscription (times)
Qualified Institutional28.12
Non Institutional129.98
Retail Individual44.58
Employee Reservations5.42
Total Subscription54.49

Retail category of Akme Fintrade IPO subscribed 44.58 times as of date Jun 21, 2024 18:19. The public issue closes on Fri, Jun 21, 2024 for bidding.

An investor can apply in Akme Fintrade IPO online via bank (using ASBA) or the broker (using UPI). The Akme Fintrade IPO shares are offered online only.

The Akme Fintrade IPO is subscribed 54.49 times by Jun 21, 2024 18:19.

The Akme Fintrade IPO allotment status is expected on or around Monday, June 24, 2024. Visit Akme Fintrade IPO allotment status to check.

The Akme Fintrade IPO listing date is June 26, 2024. The equity share of Akme Fintrade IPO will list on BSE, NSE.

Visit Akme Fintrade IPO subscription status page for real-time bidding information about Akme Fintrade IPO.

Akme Fintrade IPO Timetable

IPO opens OnWednesday, June 19, 2024
IPO Closes OnFriday, June 21, 2024
Finalisation of Basis of AllotmentMonday, June 24, 2024
Initiation of RefundsTuesday, June 25, 2024
Credit of Shares to Demat AccountTuesday, June 25, 2024
IPO Listing DateWednesday, June 26, 2024
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