Akiko Global Services (The Money Fair) IPO Details
| IPO Size | 23.11 |
| Price Range | ₹73 - ₹77 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1600 |
| Investment (cut-off price) | ₹123,200 |
| Pre IPO Promotor Holding | 92.77% |
| Post IPO Promotor Holding | 66.91% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Akiko Global Services (The Money Fair) IPO Timelines
25/06/2024
Start Date27/06/2024
End Date01/07/2024
Refund Initiation01/07/2024
Credit of Shares to Demat Ac02/07/2024
Listing DateAkiko Global Services (The Money Fair) IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹123,200 |
| Retail Maximum | 1 | 1600 | ₹123,200 |
| S-HNI Minimum | 2 | 3200 | ₹246,400 |
Akiko Global Services (The Money Fair) IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 10.21 x | 48.78 x | 48.11 x | -- | 36.33 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹98 | ₹93.35 | ₹95 | ₹93.10 |
Akiko Global Services (The Money Fair) IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹6.11 | ₹5.68 | ₹0.23 |
| FY 2022 | ₹13.53 | ₹12.35 | ₹0.78 |
| FY 2023 | ₹39.59 | ₹33.27 | ₹4.53 |
| FY 2024 (9M) | ₹26.10 | ₹21.50 | ₹3.21 |
About Company
Incorporated in June 2018, Akiko Global Services Limited partners with major banks and non-banking financial companies (NBFCs) in India, specialising in the distribution and sale of financial products such as credit cards and loans. With six years of expertise, the company operates as a Channel Partner (DSA), leveraging a multifaceted business model that includes tele-calling, corporate activities, feet-on-street, and digital marketing to acquire customers.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2018 | Finance | Priyanka Dutta |
Know Before Investing
Akiko Global Services (The Money Fair) IPO Strengths
- The company has extensive customer database for precise targeting and tailored offerings.
- Enhances marketing efficiency through targeted customer segment strategies.
Akiko Global Services (The Money Fair) IPO Risks
- High employee turnover increases training costs and reduces productivity.
- Limited financial resources restrict strategic investments and growth opportunities
Swot Analysis for Akiko Global Services (The Money Fair) IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Company Details
Akiko Global Services Limited
11th Floor, Off. No. 8/4-D, Vishwadeep Building
District Centre Janak Puri
West Delhi, New Delhi-110058
Phone: 011-4010 4241
Email: accounting@akiko.co.in
Website: http://www.themoneyfair.com/
IPO Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of Akiko Global Services IPO are:
- Implementation of ERP Solution and Tele CRM
- Mobile Application for financial product solution
- To meet working capital requirements
- Enhancing visibility and awareness of our brands, including but not limited to “Akiko Global” or “Moneyfair”
- General Corporate Purpose; and6. Issue Expenses