Contents
- 1 Table of Contents
- 2 Akiko Global Services IPO Details
- 3 Akiko Global Services IPO Date
- 4 Lot Size Of the Akiko Global Services IPO
- 5 Akiko Global Services IPO GMP (Grey Market Premium)
- 6 Akiko Global Services IPO Subscription Status
- 7 Akiko Global Services IPO Allotment Status
- 8 Know About Company
- 9 Objects of the Issue
- 10 Promoters Holding
- 11 Akiko Global Services Limited Financial Report
- 12 KPI Of Akiko Global Services Limited
- 13 Peer Group
- 14 Akiko Global Services Limited IPO Registrar
- 15 Akiko Global Services Limited IPO Lead Manager
- 16 Akiko Global Services Limited Contact
- 17 Akiko Global Services Limited IPO Prospectus
- 18 Akiko Global Services Limited IPO Application Form PDF
- 19 FAQs
The Money Fair IPO: Akiko Global Services Limited IPO is open for subscription on June 25, 2024, and closes on June 27, 2024. The allotment for the IPO is expected on July 01, 2024. The Money Fair IPO (Akiko Global Services Limited IPO) will be listed on NSE SME with a listing date fixed as July 02, 2024.
The Money Fair IPO is a fresh issue of 30 lakh shares. The price band for the IPO has not been announced.
Source from The Money Fair IPO RHP
Table of Contents
Akiko Global Services IPO Details
| Open Date | June 25, 2024 |
| Close Date | June 27, 2024 |
| Listing Date | July 01, 2024 |
| IPO Size | 30 lakh shares |
| Fresh Issue | 30 lakh shares |
| Face Value | ₹10 per share |
| IPO Price Band | – |
| IPO Listing on | NSE SME |
| Lot Size | [.] Shares |
| OFS | NA |
| Share Offered to Retail | 35% |
| Share Offered to QBI | 50% |
| Share Offered to HNI | 15% |
Akiko Global Services IPO Date
- IPO Open Date: June 25, 2024
- IPO Close Date: June 27, 2024
- Allotment: July 01, 2024
- Refunds: July 01, 2024
- Shares Credit to Demat: July 01, 2024
- Listing Date: July 02, 2024
Lot Size Of the Akiko Global Services IPO
| Application Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | – | ₹ |
| Retail (Max) | 1 | – | ₹ |
| HNI (Min) | 2 | – | ₹ |
Akiko Global Services IPO GMP (Grey Market Premium)
If you want to know Akiko Global Services IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Akiko Global Services IPO Subscription Status
Akiko Global Services IPO subscription starts on June 25, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Akiko Global Services IPO Allotment Status
To check Akiko Global Services IPO allotment status go to the IPO registrar website ”KFIN TECHNOLOGIES LIMITED” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
Founded in June 2018, Akiko Global Services Limited collaborates with major banks and non-banking financial companies in India. It focuses on distributing financial products like credit cards and loans, aiming to simplify the process of securing these services for customers through its technology platform, The Money Fair.
Objects of the Issue
Certainly! Here’s the information excluding the amounts:
- Implementation of ERP Solution and TeleCRM.
- Development of Mobile Applications for financial product solutions.
- To meet working capital requirements.
- Enhancing visibility and awareness of our brands, including but not limited to “Akiko Global” or “Moneyfair”.
- General Corporate Purpose.
- Issue Expenses.
These are the objectives or purposes for which Akiko Global Services Limited plans to utilize the funds.
Promoters Holding
Before the issue, Mr. Gurjeet Singh Walia, Ms. Richa Arora, Mr. Ankur Gaba, Mr. Puneet Mehta, and Ms. Priyanka Dutta collectively hold 92.77% of the company’s shares. After the issue, their combined shareholding decreases to 66.91%.
Akiko Global Services Limited Financial Report
| Period Ended | Assets (₹ Lakhs) | Revenue (₹ Lakhs) | Profit After Tax (₹ Lakhs) | Net Worth (₹ Lakhs) | Reserves and Surplus (₹ Lakhs) | Total Borrowing (₹ Lakhs) |
|---|---|---|---|---|---|---|
| 31 Jan 2024 | 1,794.91 | 2,609.76 | 321.48 | 1,403.37 | 626.57 | 122.05 |
| 31 Mar 2023 | 1,130.87 | 3,958.97 | 453.26 | 578.40 | 574.40 | 95.89 |
| 31 Mar 2022 | 405.67 | 1,353.31 | 77.85 | 123.14 | 121.14 | 26.13 |
| 31 Mar 2021 | 234.88 | 610.78 | 22.98 | 45.29 | 43.29 | 49.62 |
This table summarizes the financial performance of Akiko Global Services Limited across different periods, reflecting its assets, revenue, profit after tax, net worth, reserves and surplus, and total borrowing.
KPI Of Akiko Global Services Limited
| Particulars | January 31, 2024 | March 31, 2023 | March 31, 2022 | March 31, 2021 |
|---|---|---|---|---|
| Revenue from operations (₹ Lakhs) | 2590.30 | 3958.11 | 1351.92 | 610.78 |
| EBITDA (₹ Lakhs) | 460.08 | 632.42 | 118.25 | 42.43 |
| EBITDA Margin (%) | 17.76% | 15.97% | 8.74% | 6.95% |
| PAT (Profit After Tax) (₹ Lakhs) | 321.48 | 453.26 | 77.85 | 22.98 |
| PAT Margin (%) | 12.41% | 11.45% | 5.76% | 3.76% |
| Net Worth (₹ Lakhs) | 1403.37 | 578.40 | 123.14 | 45.29 |
| RoE (%) | 32.44% | 129.22% | 92.44% | 67.99% |
| RoCE (%) | 29.23% | 109.99% | 63.39% | 21.79% |
All values are in ₹ Lakhs except for percentages.
Peer Group
N/A
Akiko Global Services Limited IPO Registrar
SKYLINE FINANCIAL SERVICES PVT LTD
Address: D-153A, 1st floor, Phase I, Okhla Industrial Area,Delhi -110020
TelNo.:011- 40450193-97
Fax No. +91-11-26812683
Email:ipo@skylinerta.com
InvestorGrievanceEmail:ipo@skylinerta.com
Akiko Global Services Limited IPO Lead Manager
FAST TRACK FINSEC PRIVATE LIMITED
SEBI Registration No. INM000012500
Address: Office No.V- 116, 1st Floor, New Delhi House, 27,
Barakhambha Road, New Delhi – 110 001
TelNo.: +91-11-43029809
Contact Person: Mr. Vikas Kumar Verma
Email: mb@ftfinsec.com;
Website: www.ftfinsec.com
Akiko Global Services Limited Contact
Medicamen Organics Limited
10 Community Centre,
No 2 Ashok Vihar Phase II,
New Delhi, Delhi, 110052
Phone: +91-9818222845
Email: cs@mediorganics.in
Website: http://www.medicamenorganics.com/
Akiko Global Services Limited IPO Prospectus
Akiko Global Services Limited IPO Application Form PDF
To download the Akiko Global Services Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs
What is the IPO open date for Akiko Global Services Limited?
The IPO opens for subscription on June 25, 2024.
When does the Akiko Global Services IPO close?
The IPO closes on June 27, 2024.
How can I check the allotment status of Akiko Global Services Limited IPO?
Visit the IPO registrar’s website or use the provided link, enter your details (PAN/ DP ID/ Application No.), and check the allotment status.
