Business Standard

Akiko Global Services Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

23.11 cr

Price Range (₹)

77

Lot Size

1600

Min Investment (₹)

1,23,200.00

Listing Exchange

NSE - SME

Open Date

25-Jun-2024

Close Date

27-Jun-2024

Listing Date

02-Jul-2024

Akiko Global Services Ltd News

    Akiko Global Services Ltd IPO Details

    Initial public offer of up to 30,01,600 equity shares of face value of Rs. 10/- each (Equity Shares) of Akiko Global Services Limited (Company) for cash at a price of Rs. 77 per equity share aggregating up to Rs. 23.11 crores of which up to 1,50,400 equity shares of face value of Rs. 10 each for aggregating to Rs. 1.16 will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 28,51,200 equity shares of face value of Rs. 10 each at a price of Rs. 77 per equity share aggregating to Rs. 21.95 is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.87% and 26.47% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is Rs. 77.

    Objective of issue

    Implementation of ERP Solutions & TeleCRM. Mobile Application for Financial product solution. To meet working capital requirements. Enhancing visibility and awareness of its brand including but not limited to Akiko Global or Moneyfair. General corporate purposes.

    Akiko Global Services Ltd Contact Details

    Akiko Global Services Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - akikoglobalservices@gmail.com

    Website - www.themoneyfair.com