Akme Fintrade India IPO: Check day 2 subscription status, latest GMP, should you subscribe, other key details
₹114 to ₹120 per share. At the upper-end of the price band, the company plans to raise ₹132 crore from the issue which is entirely a fresh issue of 1.1 crore share.The NBFC intends to utilise the fresh issue proceeds for augmenting its capital base.Akme Fintrade India IPO lot size is 125 shares and the minimum investment amount required by retail investors is ₹15,000.
Read here: Akme Fintrade IPO: Check latest GMP, subscription status, key dates, more. Apply or not?Akme Fintrade IPO allotment is expected to be finalized on June 24, and the IPO listing date is June 26.
Akme Fintrade India shares will be listed on both the stock exchanges, BSE and NSE.Gretex Corporate Services Ltd is the book running lead manager of the Akme Fintrade IPO, while Bigshare Services Pvt Ltd is the IPO registrar.Let us check Akme Fintrade IPO GMP today, subscription status and analysts’ review:Akme Fintrade IPO sailed through on the first day itself. The issue has been subscribed 3.01 times so far on June 20, the second day of the bidding process.
It received bids for 2.36 crore shares as against 78.65 lakh shares on the offer.The IPO is booked 4.16 times in the retail category and 5.15 times in the Non Institutional Investors (NII) category. The portion for Qualified Institutional Buyers (QIBs) has been subscribed 2% so far.Read here: Akme Fintrade IPO: From latest GMP to lot size, here are key things to knowAkme Fintrade IPO GMP today, or grey market premium today, is ₹48 per share, according to stock market observers.
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