
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
Overall Subscription
36.52x
Total Demand
QIB Multiplier
11.73x
Institutions & Funds
NII / HNI
48.40x
High Net-Worth
Retail (RII)
45.57x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 569,600 | 6,680,000 | 11.73x |
| NIB | 428,800 | 20,753,600 | 48.40x |
| RETAIL | 998,400 | 45,497,600 | 45.57x |
| Total | 1,996,800 | 72,931,200 | 36.52x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 657 | 29,939 | 45.57x |
| HNIs (10L +) | 4 | 194 | 48.40x |
| HNIs (2-10L) | 20 | 968 | 48.40x |
| Total Applications | 681 | 31,101 | 45.67x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Akiko Global Services Limited IPO is ₹5 per equity share. Based on the upper price band of ₹73 to ₹77 per equity share, the estimated listing price is ₹82 (+6.5% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹5, the expected profit per application lot is approx ₹8,000 (+6.5% gain). Minimum application cost is approx ₹1,23,200.
The Akiko Global Services Limited IPO aggregate issue size is ₹23.11 Crores with an equity price band set at ₹73 to ₹77 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,23,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 36.52x (Retail: 45.57x, QIB: 11.73x, NII: 48.40x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-06-28. Investors can verify status using PAN card or application number.
Akiko Global Services Limited shares are scheduled to list on NSE on 2024-07-02.