The Akanksha Power and Infrastructure IPO date has been confirmed. The IPO will begin on September 29 and end on October 4. Akanksha Power and Infrastructure is an NSE SME IPO that will raise 22.48 crores through the IPO. The price band for the Akanksha Power and Infrastructure IPO is set at 40 to 45, with a market lot of 3000 shares.
Akanksha Power and Infrastructure manufactures electric equipment, such as electrical panels, instrument transformers, and vacuum contactors, for institutions, industries, and energy transmission and distribution companies. The company has two (2) manufacturing units where items are manufactured with an emphasis on quality and performance. The company is an ISO 9001:2015 certified organization that designs, manufactures, and supplies CT-PT, Metering Units and Cubical, Automatic
power correction panels (Capacitor Panel), fixed capacitor banks, Motor Control Centre (MCC), Power Control Centre (PCC), Variable Frequency Drive (VFD) Panels, Thyristor switches and Vacuum contactors, Energy Management System and Smart Energy Metres (Advanced Metering Infrastructure), as well as engineering services.
In addition to production and manufacturing, they also provide services related to electricity distribution and management. Our operation includes the establishment of electrical infrastructure, which includes power quality audits, site analyses, online cloud-based multiple monitoring, and data analysis for better management to reduce losses at the Transmission, Distribution, and User levels. They also manage electrical distribution networks for distribution companies (DISCOMs).
Akanksha Power and Infrastructure IPO Date & Price Band Details
| IPO Open: | September 29, 2023 |
| IPO Close: | October 4, 2023 |
| IPO Size: | Approx ₹22.48 Crores, 4,995,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹40 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
Akanksha Power and Infrastructure IPO Market Lot
The Akanksha Power and Infrastructure IPO minimum market lot is 3000 shares with a ₹135,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹135,000 |
| Retail Maximum | 1 | 3000 | ₹135,000 |
| S-HNI Minimum | 2 | 6000 | ₹270,000 |
Objects of the Issue:
- To meet the Capital Expenditure Requirement of the Company.
- To meet the Working Capital requirements of the Company.
- To meet the General Corporate Purposes.
- To meet the Issue Expenses.
Akanksha Power and Infrastructure IPO Review
- To be updated soon
Akanksha Power and Infrastructure IPO Dates
The Akanksha Power and Infrastructure IPO date is September 29 and the IPO close date is October 4. The IPO allotment date is October 9 and the IPO might list on October 12.
| IPO Open Date: | September 29, 2023 |
| IPO Close Date: | October 4, 2023 |
| Basis of Allotment: | October 9, 2023 |
| Refunds: | October 10, 2023 |
| Credit to Demat Account: | October 11, 2023 |
| IPO Listing Date: | October 12, 2023 |
Akanksha Power and Infrastructure IPO Form
How to apply Akanksha Power and Infrastructure IPO? –> You can apply for Akanksha Power and Infrastructure IPO using your bank account’s ASBA. Simply log in to your online bank account and apply for the Akanksha Power and Infrastructure IPO in the Invest area. The alternative option is to apply for the Akanksha Power and Infrastructure IPO using the IPO forms available on the NSE website. Please review the Akanksha Power and Infrastructure forms.
Akanksha Power and Infrastructure Company Financial Report
| Year(₹ in Crores) | Revenue | Expense | PAT |
|---|---|---|---|
| 2020 | ₹20.74 | ₹19.50 | ₹0.80 |
| 2021 | ₹74.41 | ₹68.91 | ₹3.92 |
| 2022 | ₹52.07 | ₹48.62 | ₹2.41 |
| 2023 | ₹- | ₹- | ₹- |
Akanksha Power and Infrastructure IPO Valuation – FY2022
Check Akanksha Power and Infrastructure IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹13.27 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 18.46% |
| Net Asset Value (NAV): | ₹79.95 per Equity Share |
Peer Group
- HPL Electric & Power Limited
- Genus Power Infrastructure Limited
- Cospower Engineering Limited
Akanksha Power and Infrastructure IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
Company Address
Akanksha Power and Infrastructure Limited
Plot No. 87/4, MIDC,
Satpur
Nashik- 422007
Phone: +91 9370345000
Email: [email protected]
Website: https://apipl.co.in
Company Promoters
- Mr. Bipin Bihari Das Mohapatra
- Ms. Chaitali Bipin Dasmohapatra
Akanksha Power and Infrastructure IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd
Akanksha Power and Infrastructure IPO FAQs:
Q1. What is Akanksha Power and Infrastructure IPO?
Ans. Akanksha Power and Infrastructure IPO is an NSE SME IPO. They are going to raise ₹22.48 Crores via IPO. The issue is priced at ₹40 to ₹45 per equity share. The IPO is to be listed on NSE.
Q2. When Akanksha Power and Infrastructure IPO will open?
Ans. The IPO is to open on September 29, 2023 for QIB, NII, and Retail Investors.
Q3. What is Akanksha Power and Infrastructure IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Akanksha Power and Infrastructure IPO?
Ans. You can apply Akanksha Power and Infrastructure IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Akanksha Power and Infrastructure IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Akanksha Power and Infrastructure”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Akanksha Power and Infrastructure IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Akanksha Power and Infrastructure”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Akanksha Power and Infrastructure IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Akanksha Power and Infrastructure”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Akanksha Power and Infrastructure IPO Size?
Ans. Akanksha Power and Infrastructure IPO size is ₹22.48 crores.
Q9. What is Akanksha Power and Infrastructure IPO Price Band?
Ans. Akanksha Power and Infrastructure IPO Price Band is ₹40 to ₹45 per equity share.
Q10. What is Akanksha Power and Infrastructure IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 3000 shares with ₹135,000.
Q11. What is Akanksha Power and Infrastructure IPO Allotment Date?
Ans. Akanksha Power and Infrastructure IPO allotment date is October 9, 2023.
Q12. What is Akanksha Power and Infrastructure IPO Listing Date?
Ans. Akanksha Power and Infrastructure IPO listing date is October 12, 2023. The IPO to list on NSE SME.
