The Money Fair Limited date has been confirmed from June 25, 2024 and closes on June 27, 2024. Read the post to learn about The Money Fair Limited IPO GMP.
The Money Fair IPO is a book-built issue of 30.02 lakh shares. The issue is entirely a fresh issue of 30.02 lakh shares. The Money Fair IPO opens for subscription on June 25, 2024, and closes on June 27, 2024. The allotment for the Money Fair IPO is expected to be finalized on Monday, July 1, 2024. The Money Fair IPO will list on NSE SME with a tentative listing date fixed for Tuesday, July 2, 2024.
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Key Details Of The Money Fair Limited IPO
Bidding Dates
June 25-27
Price Range
Coming Soon
Face Value
₹10 per share
GMP
₹15
The Money Fair Limited IPO GMP
The Money Fair Limited IPO GMP is ₹15.
IPO Overview
The Money Fair IPO is a SME IPO of 3,001,600 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at [.] to [.] per share. The Money Fair IPO opens on June 25, 2024 and closes on June 27, 2024. The Money Fair IPO price bands are yet to be announced.
The Money Fair Limited IPO Details
| IPO Date | June 25, 2024 to June 27, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | [.] to [.] per share |
| Lot Size | |
| Total Issue Size | 3,001,600 shares (aggregating up to ₹[.] Cr) |
| Fresh Issue | 3,001,600 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,768,000 |
| Share holding post issue | 10,769,600 |
| Market Maker portion | 150,400 shares Nikunj Stock Brokers |
The Money Fair Limited Financial Information
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,794.91 | 1,130.87 | 405.67 | 234.88 |
| Revenue | 2,609.76 | 3,958.97 | 1,353.31 | 610.78 |
| Profit After Tax | 321.48 | 453.26 | 77.85 | 22.98 |
| Net Worth | 1,403.37 | 578.40 | 123.14 | 45.29 |
| Reserves and Surplus | 626.57 | 574.40 | 121.14 | 43.29 |
| Total Borrowing | 122.05 | 95.89 | 26.13 | 49.62 |
| Amount in ₹ Lakhs | ||||
The Money Fair Limited IPO Timeline
| IPO Open Date | Tuesday, June 25, 2024 |
| IPO Close Date | Thursday, June 27, 2024 |
| Basis of Allotment | Monday, July 1, 2024 |
| Initiation of Refunds | Monday, July 1, 2024 |
| Credit of Shares to Demat | Monday, July 1, 2024 |
| Listing Date | Tuesday, July 2, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 27, 2024 |
Company Profile
Akiko Global Services Limited was established in June 2018 and collaborates with prominent banks and non-banking financial companies (NBFCs) in India. With a six-year track record, the company focuses on the distribution and sale of financial products, including credit cards and loans.
The Money Fair, operated by Akiko Global Services Limited (previously known as Akiko Global Services Private Limited) with CIN (U74999DL2018PLC335272), is a technology platform that uses algorithms to collect and analyze data from different sour-
ces. It provides insights into individuals’ creditworthiness and past and current performance, making it easier to compare multiple offers and receive unbiased advice.
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | [email protected] |
| Website | skylinerta.com |
Contact Details
| Name | The Money Fair Limited |
| Phone number | 011-4010 4241 |
| Email ID | [email protected] |
| Website | themoneyfair.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
The Money Fair Limited IPO FAQs
When The Money Fair IPO will open?
The The Money Fair IPO opens on June 25, 2024 and closes on June 27, 2024.
What is the lot size of The Money Fair IPO?
The Money Fair IPO lot size and the minimum order quantity is not available at this time. Please check again later.
When is The Money Fair IPO listing date?
The The Money Fair IPO listing date is not yet announced. The tentative date of The Money Fair IPO listing is Tuesday, July 2, 2024.
