- 03 Oct 2024
- 1 mins read
- By: BlinkX Research Team
Akiko Global IPO Allotment aka the Money Fair opened on June 25. The Money Fair is an SME IPO to raise ₹23.11 crores via IPO. The Money Fair IPO price band is fixed at ₹73 to ₹77 with a market lot of 1600 Shares. On Monday, July 1, 2024, the allotment for The Money Fair IPO is anticipated to be completed. The Money Fair IPO is scheduled to go public on NSE SME, with a provisional listing date of Tuesday, July 2, 2024.
Akiko Global IPO Subscription Status
For retail investors, the minimum amount of investment is ₹123,200. For HNI, the minimum lot size investment is 2 lots (3,200 shares) amounting to ₹246,400. The bookkeeping lead manager is Fast Track Finsec Pvt Ltd, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for The Money Fair IPO is Nikunj Stock Brokers.
Table of Contents
- Akiko Global IPO Subscription Status
- How to Check Akiko Global/Money Fair IPO Allotment Status?
- To check the Akiko Global/Money Fair IPO allotment status on the Link Intime India website, follow these steps
- Akiko Global/Money Fair IPO Details
- Akiko Global IPO Allotment Timeline (Tentative Schedule)
- About Akiko Global/Money Fair IPO
- Financial Information Akiko Global/Money Fair IPO (Restated Consolidated)
How to Check Akiko Global/Money Fair IPO Allotment Status?
To check the allotment status:
- Visit the NSE website.
- Choose 'Equity' under the Issue Type.
- Select 'Akiko Global/Money Fair’ from the dropdown menu.
- Enter your Application Number or PAN.
- Complete the captcha verification by clicking on 'I am not a Robot', then click 'Submit'.
To check the Akiko Global/Money Fair IPO allotment status on the Link Intime India website, follow these steps
- Access the website of the IPO registrar, Link Intime India.
- Opt for 'Akiko Global/Money Fair' from the dropdown list under 'Select Company'.
- Pick your preferred identification method from PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Enter the necessary details based on the chosen option.
- The screen will display your status with Akiko Global/Money Fair IPO
Akiko Global/Money Fair IPO Details
Parameter | Value |
IPO Date | June 25, 2024 to June 27, 2024 |
Listing Date | [To be announced] |
Face Value | ₹10 per share |
Price Band | ₹73 to ₹77 per share |
Lot Size | 1600 Shares |
Total Issue Size | 3,001,600 shares ( ₹23.11 Cr) |
Fresh Issue | 3,001,600 shares (₹23.11 Cr) |
Offer for Sale | 17,793,594 shares of ₹2 (₹500.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Shareholding pre-issue | 7,768,000 Shares |
Shareholding post-issue | 10,769,600 Shares |
Akiko Global IPO Allotment Timeline (Tentative Schedule)
The Akiko Global/Money Fair IPO opens on June 25, 2024, and closes on June 27, 2024.
IPO Open Date | Tuesday, June 25, 2024 |
IPO Close Date | Thursday, June 27, 2024 |
Basis of Allotment | Monday, July 1, 2024 |
Initiation of Refunds | Monday, July 1, 2024 |
Credit of Shares to Demat | Monday, July 1, 2024 |
Listing Date | Tuesday, July 2, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on June 27, 2024 |
About Akiko Global/Money Fair IPO
To improve client access and financial solutions, Akiko Global Services Limited, a channel partner for major Indian banks and NBFCs, draws on its six years of experience in marketing and distributing financial products, such as credit cards and loans. They track every lead every day and inject them using a customized CRM system. The CRM was created internally and has strong security features to guard against threats to client data, guaranteeing effective and safe customer data management.
Financial Information Akiko Global/Money Fair IPO (Restated Consolidated)
Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 1,794.91 | 1,130.87 | 405.67 | 234.88 |
Revenue | 2,609.76 | 3,958.97 | 1,353.31 | 610.78 |
Profit After Tax | 321.48 | 453.26 | 77.85 | 22.98 |
Net Worth | 1,403.37 | 578.40 | 123.14 | 45.29 |
Reserves and Surplus | 626.57 | 574.40 | 121.14 | 43.29 |
Total Borrowing | 122.05 | 95.89 | 26.13 | 49.62 |
Amount in ₹ Lakhs |
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