
Financial Services · NSE
Akiko Global Services Limited, incorporated in June 2018, partners with major banks and NBFCs in India, leveraging six years of expertise in distributing financial products like credit cards and personal loans. The company helps financial institutions expand their credit portfolios and operates "The Money Fair," a technology platform that uses advanced algorithms to assess creditworthiness, providing insights for better financial decision-making. This platform enhances customer access to loans and credit cards by facilitating easy comparisons of financial offers. As of April 30, 2024, Akiko Global Services Limited employs 418 permanent staff, including directors and key managerial personnel, demonstrating its strong operational presence.
Price Band
₹73 – ₹77
Issue Size
₹23.11 Cr
Lot Size
1600 shares
GMP
+6.5%
Est. Listing
₹82
at current GMP
Subscribed
36.52x
overall
Open
25 Jun 2024
Close
27 Jun 2024
Allotment
28 Jun 2024
Refund
29 Jun 2024
Demat Credit
30 Jun 2024
Listing
2 Jul 2024
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
28 Jun 2024
Basis finalization
Refunds Initiate
29 Jun 2024
Mandate release
Demat Credit
30 Jun 2024
Shares in demat
Listing Debut
2 Jul 2024
Trading begins
Akiko Global Services Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹23.11 Crores. The shares are offered at a price band of ₹73 to ₹77 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-06-27, the basis of allotment is scheduled to be finalized on 2024-06-28. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
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.
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.