Open Date

27 Dec 23

29 Dec 23


₹27.49 Cr

Lot Size

IPO Size

Listing At


Listing Date

Price Range

₹52 to ₹55

Close Date

Allotment Date

01 Jan 24

03 Jan 24

IPO Details

Incorporated in 2008, Akanksha Power and Infrastructure Limited is in the business of providing sustainable and reliable power solutions. The company started its commercial operation in 2010, as an ‘input-based rural power distribution franchise (DF)’ in Khaira Electrical Subdivision, Balasore, Odisha. Akanksha Power and Infrastructure has two manufacturing facilities in Nashik, Maharashtra, and makes electric equipment. This includes electrical panels, instrument transformers, and vacuum contactors, catering to a diverse range of clients such as institutions, industries and electricity transmission and distribution utilities. 

About the Company

Akanksha Power and Infrastructure Limited plans to utilize the raised capital from the IPO to: ●    To fund the working capital requirements and working expenditure requirements. ●    General corporate purposes. ●    For funding public issue expenses. 


The book-running lead managers to the offer are: Narnolia Financial Services Limited

Book Runners

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