AKG Exim Ltd IPO

Closed

Subscription Details

  • Open Date 10 Sep
  • Close Date 14 Sep
  • Lot Size 4000
  • IPO Size ₹ 5.52 Cr
  • IPO Price Range ₹ 31
  • Min Investment ₹ 124000

AKG Exim Ltd IPO Timeline

Open Date
10 Sep
Close Date
14 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 17,80,000 equity shares of face value of Rs. 10 each (equity shares) of AKG Exim Limited (the company or the issuer) for cash at a price of Rs. 31.00 per equity share, including a share premium of Rs. 21.00 per equity share (the issue price), aggregating Rs. 5.52 Crores (the issue), of which 92,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 31.00 per equity share, aggregating Rs. 0.29 Crores will be reserved for subscriptions by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 16,88,000 equity shares of face value of Rs.10 each cash at a price of Rs. 31.00 per equity share, aggregating Rs. 5.23 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.89% & 25.50% respectively of the post issue paid up equity share capital of the company. The face value of the Equity Shares is Rs.10 each and the issue price of Rs.31 (i.e. 3.1 times of the value of the Equity Shares.)

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of AKG Exim Ltd IPO

Contact Information

Address

408-411 Pearls Corporate,
Mangalam Place Sector-3 Rohini,
New Delhi, Delhi 110085

AKG Exim Ltd IPO Lead Manager

Navigant Corporate Advisors Ltd
Open Demat Account