Akiko Global Services IPO: If you are planning to earn through IPO then this news may be useful for you. In fact The initial public offering (IPO) of Akiko Global Services Limited, a company related to the finance sector, has been launched. This IPO has been subscribed 2.40 times till June 26, the second day. Let us tell you that the company intends to raise ₹ 23.11 crore through IPO. Its shares are going to be listed on NSE Emerge platform. The closing of Akiko Global Services IPO will be on June 27 and the allotment is expected to be on July 1. Whereas, the date of IPO listing is 2nd July.
Issue price details
The price band of Akiko Global Services IPO has been set at ₹73 to ₹77 per share. This IPO consists entirely of a fresh issue of 30.02 lakh equity shares. The lot size of the IPO is 1600 shares and the minimum investment amount required for retail investors is ₹1,23,200. The book running lead manager to the issue is Fast Track Finsec Pvt. Ltd. The registrar for Akiko Global Services IPO is Skyline Financial Services Pvt. Ltd.
about the company
Akiko Global Services Limited partners with leading banks and non-banking financial companies (NBFCs) in India. This company specializes in the distribution and sale of financial products such as credit cards and loans. Akiko Global Services reported revenue of ₹39.58 crore, Ebitda of ₹6.32 crore and profit of ₹4.53 crore in FY23. In the 10 months to January 2024, the company had revenue of ₹26.09 crore, Ebitda of ₹4.60 crore and profit of ₹3.21 crore.
Let us tell you that Priyanka Dutta, MD, Akiko Global Services, said – As a channel partner for leading banks and NBFCs in India, we are experts in distributing financial products like credit cards, loans and CASA. Our success is linked to upgraded digital marketing.
