IPO

Akiko Global Services Ltd. IPO

Akiko Global Services Ltd., established in 2018, operates in the Services - Others sector. The company's IPO opened on June 25, 2024 and closed on June 27, 2024, with an issue price of ₹77. The Akiko ... Read more

Min Investment
₹ 1,23,200 / 1600 shares
Price Range
₹73 - ₹ 77
Bidding Dates
25 Jun '24 - 27 Jun '24
Total Issue Value
23.11 Cr
Lot Size
1,600
Total Issue Size
23.11 Cr
Listing At
NSE SME
Subscription
35.25 times
NSE Price
79.65 (3.44%)

IPO Timeline

  • 25 Jun 2024
    Bidding Starts
  • 27 Jun 2024
    Bidding Ends
  • 1 Jul 2024
    Allotment Finalization
  • 2 Jul 2024
    Listing

About Akiko Global Services Ltd.

Our Company has commenced its operations in 2018 and is currently working as a Channel Partner (DSA) for major Banks / NBFCs. Our business model involves tele-calling, corporate activities, as well as a feet-on-street and digital marketing model to acquire customers digitally. Our proficiency ... Read more

Parent organisation
Founded
Akiko Global Services Ltd.
2018

Akiko Global Services Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 8,54,400 (28.46%)
Market Makers 1,50,400 (5.01%)
Non Institutional Investors 4,28,800 (14.29%)
Qualified Institutional Buyers (QIBs) 5,69,600 (18.98%)
Retail Individual Investors (RIIs) 9,98,400 (33.26%)

Akiko Global Services Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 32.40 Cr 3.75 Cr 6.81 Cr
31 Mar 2023 39.59 Cr 4.53 Cr 5.74 Cr
31 Mar 2022 13.53 Cr 77.95 Lakh 1.21 Cr

Akiko Global Services Ltd. Background

Our Company was incorporated as a Private Limited Company namely “Akiko Global Services Private Limited” under the Companies Act, 2013 vide certificate of incorporation dated June 13, 2018 issued by Registrar of Companies, NCT of Delhi and Haryana bearing registration no. 335272. ...

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Major Events And Milestones
  • 2018
    Company was Founded by Shri Roshan Gaba and Shri Sulabh Rastogi on June 13, 2018 and Company got a certificate of Registration by Registrar of Companies, NCT of Delhi and Haryana
  • 2021
    Certificate of Authorization from AU Bank on February 05, 2021
  • 2022
    GST Registration Done
    The company got registered as a consultant for Credit card sales as a DSA Channel with Yes Bank Ltd., Standard Chartered Bank and various allied services on February 05,
    In March 2022 Award from Standard Chartered Bank Credit Card Ace Partner.
    Top Contributor of AU Small Finance Bank
    Awarded by HDFC Bank in Outstanding performance in Diwali Dhamaka Drive
    Certificate of appreciation by HDFC Bank for outstanding performance in credit card rock on Companion 2010
  • 2023
    Company converted into Public limited i.e. from “Akiko Global Services Private Limited” to “Akiko Global Services Limited” and received its fresh certificate from Ministry of Corporate Affairs dated April 12,
    Company Increased its Authorized Capital on July 03,
    Company Issue Bonus to its Shareholders on July 25,
    Shareholder approve the IPO in its Extra Ordinary General Meeting November 01, 2023
Akiko Global Services Ltd. Object of Issues

1. Implementation of ERP Solution and TeleCRM
2. Mobile Application for financial product solution
3. To meet working capital requirements
4. Enhancing visibility and awareness of our brands, including but not limited to “Akiko Global” or “Money fair”
5. General Corporate Purpose
6. Issue Expenses

Akiko Global Services Ltd. IPO Listing Details
Listing Date
2 Jul 2024
NSE Symbol
AKIKO
ISIN
INE0PMR01017
Final Issue Price
₹ 77
Akiko Global Services Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 77.00
Open - ₹ 98.00
Low - ₹ 93.10
High - ₹ 98.00
Last Trade - ₹ 93.35
Akiko Global Services Ltd. Company Promoters

1. Mr. Ankur Gaba
2. Ms. Richa Arora
3. Mr. Gurjeet Singh Walia
4. Mr. Puneet Mehta
5. Ms. Priyanka Dutta

Industry Overview

The reforms of the 1990s have been associated with the expansion of the service sector in India. Midway through the 1980s, the service sector began to expand, but it took off in the 1990s when India started a series of economic reforms in response to a serious balance of payments issue.

... Read more

Akiko Global Services Ltd. Contact Details
Address: 11th Floor, Off No. 8/4-D, Vishwadeep Building, District Centre Janakpuri, West Delhi, New Delhi Delhi - 110058
Phone no:40104241
40104241
|
Akiko Global Services Ltd. IPO Registrar
Skyline Financial Services Pvt. Ltd.
D-153 A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi Delhi - 110020
40450193 - 97
Akiko Global Services Ltd. IPO Lead Manager(s)
Fast Track Finsec Pvt. Ltd.
Office No. V-116, 1st Floor, New Delhi House, Barakhamba Road, New Delhi Delhi - 110001
43029809

FAQs

When does Akiko Global Services Ltd. IPO opens and closes?

Akiko Global Services Ltd. IPO opens from 25th June to 27th June 2024.

What is the size of Akiko Global Services Ltd. IPO?

The size of the Akiko Global Services Ltd. IPO is ₹23.11 Cr.

What is the price range of Akiko Global Services Ltd. IPO?

The price range of Akiko Global Services Ltd. IPO is at ₹73 to ₹77 per share.

What is the minimum investment and lot size required for the Akiko Global Services Ltd. IPO?

The minimum investment required is ₹1,23,200 and minimum lot size is 1600 shares.

When is Akiko Global Services Ltd. IPO listing date?

The Akiko Global Services Ltd. IPO will be listed on 2nd July 2024.

What is the objective of Akiko Global Services Ltd. IPO?

1. Implementation of ERP Solution and TeleCRM
2. Mobile Application for financial product solution
3. To meet working capital requirements
4. Enhancing visibility and awareness of our brands, including but not limited to “Akiko Global” or “Money fair”
5. General Corporate Purpose
6. Issue Expenses

Latest Updates

Akiko Global Services IPO Lists At 27% Premium Over The Issue Price; Issued Subscribed 34.96x On The Last Date

Shares of Akiko Global Services Limited, an SME IPO, will debut on the NSE SME on July 2, 2024. The allotment will be finalized on July 1, with refunds and share credit to demat accounts happening on the same day. Akiko Global Services, a provider of IT and consultancy services, aims to enhance its service offerings with the raised funds.

3 July 2024

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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