Akanksha Power and Infrastructure Limited
ListedSMEEmerging SME Services · NSE
Founded in July 2008, Akanksha Power and Infrastructure Limited manufactures electrical equipment like switchboards, transformers, capacitor panels, VFD panels, MCC/PCC panels, CT-PT units, vacuum contactors and smart metering solutions for industries, utilities and large institutions. The company also provides turnkey electrical project services along with energy management systems that support cloud monitoring, data analytics, power quality testing and loss reduction across transmission and distribution networks. Its major clients include large corporates and public sector companies such as Indian Oil, HAL, Coal India, SAIL, Hindalco, Tata Power Group, NALCO, ABB India and Adani Group. The company is ISO 9001:2015 certified, operates two manufacturing units in Nashik, Maharashtra, and as of June 30, 2023 had 62 permanent and 387 contract workers, with Odisha alone contributing over 34% of its revenue.
Price Band
₹52 – ₹55
Issue Size
₹27.49 Cr
Lot Size
2000 shares
GMP
₹10
+18.2%
Est. Listing
₹65
at current GMP
Subscribed
117.53x
overall
Open
27 Dec 2023
Close
29 Dec 2023
Allotment
2 Jan 2024
Refund
3 Jan 2024
Demat Credit
4 Jan 2024
Listing
3 Jan 2024
Last updated 12 days ago
Official Registrar Verification
Akanksha Power and Infrastructure Limited Allotment Status
Designated Registrar: Link Intime India Private Ltd
Allotment Date
2 Jan 2024
Basis finalization
Refunds Initiate
3 Jan 2024
Mandate release
Demat Credit
4 Jan 2024
Shares in demat
Listing Debut
3 Jan 2024
Trading begins
How to Check Akanksha Power and Infrastructure Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Ltd's allotment portal.
- Select Akanksha Power and Infrastructure Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Akanksha Power and Infrastructure Limited Public Issue & Market Profile
Akanksha Power and Infrastructure Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹27.49 Crores. The shares are offered at a price band of ₹52 to ₹55 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,10,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Link Intime India Private Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-01-04, while un-allotted funds or UPI block mandates will be released on 2024-01-03.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.