Akme Fintrade India Limited, established in 1996, is a prominent Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. The company primarily operates in the semi-urban and rural regions of India, providing essential financial services such as vehicle and business finance. Akme Fintrade is present in four Indian states: Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat, with seven branches and over 20 points of presence. The company has successfully catered to over 200,000 customers, demonstrating its robust market presence and operational efficiency. As of September 30, 2022, Akme Fintrade managed assets under management (AUM) worth ₹32,398.52 lakhs and maintained a net worth of ₹15,145.7 lakhs. The company’s gross non-performing assets (GNPA) and net non-performing assets (NNPA) stood at 4.87% and 3.84%, respectively, highlighting its prudent risk management practices.
The allotment date for the Akme Fintrade (India) Ltd IPO has been confirmed, and allotments have been finalized. Investors who applied for the issue can now verify their allotment status on the registrar portal designated for Akme Fintrade (India) Ltd IPO, managed by Bigshare Services Pvt Ltd. You can discover the number of shares allotted to you through the registrar’s website. Additionally, the company has concluded the refund process for investors who were not allotted shares. The subscription period for Akme Fintrade (India) Ltd IPO commenced on June 19, 2024, and concluded on June 21, 2024.
Important Dates – Akme Fintrade IPO Limited IPO
| Application opens on | 19th June 2024 |
| Last date of application | 21st June 2024 |
| Date of Allotment | 24th June 2024 |
| Refund begins from | 25th June 2024 |
| Credit of shares to Demat | 25th June 2024 |
| Listing date | 26th June 2024 |
Akme Fintrade (India) Ltd IPO: How to check allotment status?
If you’ve applied for the Akme Fintrade (India) Ltd IPO, you can easily check your allotment status on the Bigshare Services Pvt Ltd website. Here’s a simple guide to check your allotment status:
- Go to the Bigshare Services Pvt Ltd website.
- Select the Akme Fintrade (India) Ltd IPO from the dropdown menu.
- Choose either your Application Number, Demat Account, or PAN to proceed.
- Select your application type as ASBA or non-ASBA.
- Provide the required details based on your selection in the previous step.
- Complete the Captcha verification.
- Click on the submit button to view your allotment status.
How to check Akme Fintrade (India) Ltd IPO allotment status on BSE:
- Navigate to the allotment page on the official BSE website via this link: https://www.bseindia.com/investors/appli_check.aspx
- In the ‘Issue Type’ section, opt for ‘Equity’ and pick the Akme Fintrade (India) Ltd IPO from the dropdown menu labeled ‘Issue Name’.
- Enter either your PAN or application number, then click the ‘Submit’ button.
How to check Akme Fintrade (India) Ltd IPO allotment status on NSE:
- to NSE’s official website using this link:https://www.nseindia.com/
- Choose the ‘Click here to sign up’ option and complete the registration process using your PAN details.
- Enter your username, password, and captcha code on the subsequent page.
- Once logged in, navigate to the designated section to check the IPO allotment status.
Akme Fintrade Limited IPO Grey Market Premium
| Date | GMP |
|---|---|
| 21st June | Rs.45 |
| 20th June | Rs.45 |
| 19th June | Rs.30 |
