AKG Exim Limited was founded in 2005 in Delhi. The firm is a merchant product and resource trader. The trading company’s product line comprises rice, spices, dry fruits, metal scrap, iron scrap, and other items.
The corporation exports metal scrap from the United States and West African countries and sells it in the East and domestic markets. The AKG Exim IPO begins on September 10 and closes on September 14. With a market lot of 4000, the price band is around Rs.31. The IPO is worth approximately 5.52 crore rupees. The company is networked across the global continents and countries to span our growth of trading business in a diversified product portfolio classified primarily in the following categories:
Ferrous :
- Heavy Melting Steel Scrap As per ISRI , (HMS 1 & 2)
- Light Melting Scrap (Bundles , Lose )
- Cast Iron , Auto Purja
Non-Ferrous:
- Aluminum Scrap
- Lead Battery Scrap
AKG Exim IPO Dates & Price Band:
- IPO Open: 10-September-2018
- IPO Close: 14-September-2018
- IPO Size: Approx Rs 05.52 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.31 Per Equity Share
- Listing on: NSE SME
- Shares: 1,780,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 4,000 Shares (Minimum Lot Size)
- Amount: Rs.1,24,000
IPO Allotment & Listing:
- Basis of Allotment: 21-September-2018
- Refunds: 24-September-2018
- Credit to demat accounts: 25-September-2018
- Listing: 26-September-2018
Financial Results:
| Rs. in Crore | Revenue | Expense | PAT |
|---|---|---|---|
| 2013 | 108.26 | 105.97 | 0.69 |
| 2014 | 70.45 | 68.55 | 0.54 |
| 2015 | 74.82 | 72.95 | 0.41 |
| 2016 | 98.59 | 96.14 | 0.41 |
| 2017 | 105.55 | 103.10 | 0.49 |
Company Promoters:
- Rajeev Goel
- Apple Overseas Pte. Limited
- Rajeev Goel HUF
IPO Registrar:
MAS Services Limited
Phone: (011) 2610 4142
Fax: (011) 2618 1081
Email: [email protected]
Website: http://www.masserv.com
Company Address:
Akg Exim Limited
408-411, Pearls Corporate
Mangalam Place, Sector – 3, Rohini,
Behind Kali Mata Temple, Delhi 110085
Phone: +91-11-40015500
Fax: +91-11-40015518
Email: [email protected]
Website: http://www.akg-global.com
IPO Lead Managers:
- Navigant Corporate Advisors Ltd
AKG EXIM Rights Issue 2022 FAQs
Q1. When is AKG EXIM Rights Issue 2022 coming?
Ans. The AKG EXIM Rights Issue 2022 opens on Dec 29, 2022, and closes on Jan 25, 2023.
Q2. What is the issue price for AKG EXIM Rights Issue 2022?
Ans. AKG EXIM Rights Issue 2022 price is set at ₹12 per share per equity share.
Q3. In what ratio is the AKG EXIM Rights Issue 2022 offered?
Ans. The eligible shareholders are being offered 2 Equity Shares for every 1 Equity shares held on the Record Date (Dec 16, 2022).
Q4. What is the record date for AKG EXIM Rights Issue 2022?
Ans. The record date for the AKG EXIM Rights Issue 2022 is Dec 16, 2022.
Q5. What is the issue size of AKG EXIM Rights Issue 2022?
Ans. The issue size of AKG EXIM Rights Issue 2022 is of 21,184,384 equity shares at ₹12 per share aggregating upto ₹25.42 Crores.
