Akme Fintrade IPO Details & Review @ Chanakyanipothi.com, India`s Oldest & the most Trusted Investment website for coming up IPOs. Operational since 8th December 1999, this is the Only Investment website in India, which has successfully completed 23 Years.

    akme fintrade IPO details & review

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    Akme Fintrade IPO Particulars & Guidance
    Very Elaborate Business Information: 

    Akme Fintrade (India) is a NBFC incorporated in the year 1996 registered with the Reserve
    Bank of India as a Non-systemically important non-deposit taking company with over two decades of lending experience in rural and semi-urban geographies in India. It is primarily engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. Its portfolio includes Vehicle Finance and Business Finance Products to small business owners. it has a long history of serving rural and semi-urban markets with high growth potential and have maintained a track record of financial performance and operational efficiency through consistently high rates of customer acquisition and retention and low-cost expansion into underpenetrated areas. Therefore, it strategically focuses on clients in the rural and semi urban sector.

    Its digital lending platform www.aasaanloans.com is currently under development and will be rolled out in a phased manner. Initially the vehicle loans would be launched, and the Business Finance would be rolled out for making the operational process easier and faster. It has taken a baby step towards the same by launching a website aasaanloans.com. This differentiated approach aids in the identification of businesses with low risk and high promise, thereby providing opportunities for those who previously had no access to long or short-term financing.
    It has its footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat through registered office located at Udaipur, Rajasthan, 7 branches and over 20+ points of presence including digital and physical branches having served over 2,00,000 customers till date.
    As on September 30, 2022, the company reported an AUM of approximately Rs.32398.52 Lakhs and Net Worth at Rs.15145.7 Lakhs respectively. The registered GNPA and NNPA were 4.87 % and 3.84 % and the PAT for the period ended September 30, 2022, is Rs. 614.76 Lakh

    For more information, click www.aasaanloans.com

    What are the Objects of Akme Fintrade IPO?
    The Company proposes to utilize the Net Proceeds towards augmenting its capital base.

    Akme Fintrade IPO Details 
    IPO opens on  ? ,2023 
    IPO closes on  ? ,2023 
    Issue Type Book Built Issue IPO
    Issue Size 11000000 Sh /Rs ? Cr
    * Fresh Issue 11000000 Sh /Rs – Cr
    * Offer for Sale  – Sh /Rs ? Cr
    Employee Allocation 550000 Sh.
    Face Value per share: Rs. 10
    What is the Price Band of Mankind Pharma IPO? Rs. ?
    Retail Discount  Rs 0 per share
    Employee discount  Rs. 0 per share
    Retail Lot Size  ? Shares
    Listing will at  BSE, NSE
    Shares offered to Shares Rs. in Cr
    QIB (50 %) 
    NII (15 %)  – 
    RII (35 %) 
    Total Shares  – 
    Retail portion will be oversubscribed by  Forms.
    How to Apply in Mankind Pharma IPO? Amount
    Min Retail Application ? Sh Rs. ?
    Max Retail Application  ? Sh Rs. ?
    Small HNI (Min) application  ? Sh Rs. ?
    Small HNI (Max) application ? Sh Rs. ?
    Big HNI Application ? Sh Rs. ?

    Akme Fintrade IPO Particulars & Guidance

    Akme Fintrade IPO Tentative timetable
    IPO opens on  – 2023
    IPO Closes on  – 2023
    IPO Allotment on   – 2023
    Unblocking of ASBA   – 2023
    Credit of Shares  – 2023
    Listing on  – 2023
    Registered Office of the Company
    AKME Business Centre (ABC), 4-5 Subcity Centre, Savina Circle opp. Krishi Upaz Mandi Udaipur, Rajasthan – 313002, India
    Who is the lead manager of Akme Fintrade IPO?
    Gretex Corporate Services Limited
    Who is the Registrar Akme Fintrade IPO?
    Bigshare Services Private Limited
    Akme Fintrade IPO Financial & Analytical Ratios
    Year Total Income Net Profit EPS RoE
      Rs. in Cr Rs.in Cr Rs. %
    2019-20 100.75 18.47 7.57 18.02
    2020-21 88.38 16.30 6.68 13.57
    2021-22  67.50 4.12 1.68 3.09
    Book Value of the Share on 31.03.2022 Rs. 62.73    
    Book Value of the Share after the FPO Rs.-    
    Offer Price at Cap   Rs. –    
    Key Performance Indicators of Akme Fintrade IPO
    Upper Price /last EPS
    Upper Price/Book Value Ratio
    Upper Price/BV after IPO 

    Akme Fintrade IPO Particulars & Guidance
    Peer Comparison

    As on date of DRHP FV Total  PE
      Rs. Income Ratio of
        Rs. In Cr  
    The IPO Company 10 65.16 ?
    Mas financial 655.94 27.08
    Shriram Transport Fin 19255.17 22.67
    Cholamandalam fin 10048 29.88
    Ipca Laboratories 2 5829 22.38
    Abbott India 10 4919 56.19
    Glaxosmithkline Pharmaceuticals 10 3278 57.03
    Dabur India 1 1,08,887 54.55
    Procter & Gamble Health 10 11,144 42.27
    Zydus Wellness  10 20,091 31.11

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