Akiko Global Services Ltd. IPO opens today. Check the GMP & other details
Akiko Global Services Ltd. collaborates with leading banks and NBFCs in India, leveraging six years of expertise in distributing financial products like credit cards and loans. Their specialty lies in facilitating the sale of these products for financial institutions, aiming to enhance customer access and satisfaction. The company’s technology platform, The Money Fair, utilizes advanced algorithms to analyze creditworthiness data, offering insights for easy comparison of financial offers. This enhances the likelihood of customers securing loans or credit cards efficiently.
Akiko Global Services Ltd. Financials
(Amt. in Lakhs)
| Financial Metrics | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Assets | 1,130.87 | 405.67 | 234.88 |
| Revenue | 3,958.97 | 1,353.31 | 610.78 |
| Profit After Tax | 453.26 | 77.85 | 22.98 |
Company’s Promoter
- Mr. Gurjeet Singh Walia
- Ms. Richa Arora
- Mr. Ankur Gaba
- Mr. Puneet Mehta
- Ms. Priyanka Dutta
Before the issue, the shareholding stands at 92.77%, while after the issue, it reduces to 66.91%.
Akiko Global Services Ltd. GMP Today
The expected GMP today of the company is around Rs. 15-18 which is around 19.48% of the Issue price . It is expected that investors can get a profit of 19.48% per lot if the stock lists at such GMP price.
Note: The GMP fluctuates on the basis of market demand.
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Akiko Global Services Ltd. Other Details
Akiko Global Services Limited is an SME category IPO.
| IPO Details | Details |
|---|---|
| Open Date | 25 June, 2024 |
| Close Date | 27 June, 2024 |
| Allotment Date | 28 June, 2024 |
| Listing Date | 02 July, 2024 |
| Issue Price | ₹73-77 per equity share |
| Face Value | ₹10 per equity share |
| Market Lot | 1600 Shares (₹123,200/-) |
| Listing at Group | NSE |
| Registrar | Skyline Financial Services Private Ltd |
| Retail Portion | 35% |
| Issue Size | 3,001,600 shares (aggregating up to ₹23.11 Cr) |
Disclaimer:
The recommendations made above are by market analysts and are not advised by either the author, nor FinTrend 24. The author, nor the brokerage firm nor FinTrend 24 would be liable for any losses caused as a result of decisions based on this write-up. FinTrend 24 advises users to consult with certified experts before making any investment decision.