The AKME Fintrade Date Will Be Updated Soon. Read the post to learn about AKME Fintrade IPO GMP.
AKME Fintrade NBFC was born in 1996 in the country of India which is business entity for lending in less urban and rural areas under Reserve Bank of India. Small business owners are offered (or/and served by) auto finance and business finance solutions offered by the business.
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Key Details Of AKME Fintrade IPO:
Bidding Dates
Coming Soon
Price Range
₹0 per share
Face Value
₹0 per share
GMP
₹0
AKME Fintrade IPO GMP
The AKME Fintrade IPO GMP Today is ₹[].
AKME Fintrade IPO Overview
AKME Fintrade IPO, a company known in 1996 and awarded with the formal credit registration by RBI as NBFC, is a prominent player in the sphere of development. They boast an excess of twenty years of lending experience that emphasizes their mission of providing financial services to small business ventures in the rural and semi-urban areas of India. On that note, their main goal is to provide the opportunities and chances for individuals living in these areas to live easily.
AKME Fintrade has seven branches and 20+ presence sites in four Indian states: Rajasthan, Maharashtra, Madhya Pradesh and Gujarat. Till now it had during the last 5 years about 200 000 shopping consumers. As for money side now, at the end of September, 2022 the AM of the lender was Rs.32398.52 lakhs. The capital was Rs. 40 lakhs. 15145.At the time, whoever questions the education of these kids is by extension telling us we don’t deserve to be educated as well. The GNPA and NNPA of AKME Fintrade were 4.87% and 3.84% to the GNP and GDP of their area, respectively.
AKME Fintrade IPO Company Financials
Particulars | Period ending on September 30, 2022 (Rs. million) | Year ending on March 31, 2022 (Rs. million) | Year ending on March 31, 2021 (Rs. million) |
Revenue from Operations | 3,135.63 | 6,486.94 | 8,416.86 |
Profit After Tax (PAT) | 614.76 | 412.07 | 1,630.49 |
EBITDA | 2,173.78 | 4,328.43 | 6,790.53 |
EBITDA Margin | 68.91% | 66.43% | 80.67% |
EPS (Basic) | 2.49 | 1.68 | 6.68 |
ROE | 4.06% | 3.01% | 12.52% |
Company Profile
![Akme Fintrade](https://ipoupcoming.com/wp-content/uploads/2023/08/Akme-Fintrade.jpg)
Akme Fintrade (India) Ltd. is a public company, unlimited by shares, which has been registered on 5 February, 1996. The company is descrinted as public limited company registered in Udaipur, Rajasthan. The Company’s authorized share capital is Rs. 40.00 Lacs, and the full registered capital is Rs. 31.67 Lacs. Akme Fintra for the last financial year ending 31 March 2020, I have a revenue between INR 1 cr – 100 cr. EBITDA also witnessed a growth of 12.51 % since the last year. The Legal Identification number (CIN) of Akme Fintrade limited (India) is U67120RJ1996PLC011509.
The Registered office of Akme Fintrade (India) Limited is Akme Business Centre (ABC) situated at SAVIN CIRCLE, 4-5 SUB CITY CENTRE. It is located opposite Savin Circle. THE CROSSROADS OF CULTURE, UDAIPUR, RAJASTHAN. Use our AI to write for you about any topic! Enjoy Tofler offers a company report in easy-to-read PDF format, containing a company’s financial information, highlighting the key ratios, management discussion of the financials, group structure, shareholding pattern and other pertinent data. it aids in selecting financial statements of various companies for analysis and draws a trend line of their performance.
IPO Strengths
- 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.
AKME Fintrade FAQs
Who is the registrar of the Akme Fintrade India Ltd IPO?
Bigshare Services Private Ltd is the registrar of the IPO.
Who are the promoters of Akme Fintrade India Ltd?
Nirmal Kumar Jain, Dipesh Jain, Manju Devi Jain and Nirmal Kumar Jain HUF are the promoters of this company.
Which are the group companies of Akme Fintrade India Ltd?
The board of Akme Fintrade India Ltd has identified 8 companies as its group companies some of them are Star Housing Finance Ltd, Akme Build Estate Ltd, Akme Automobiles Private Ltd, Aarsh Fincon Ltd, etc.
![Two wheeler loan](https://ipoupcoming.com/wp-content/uploads/2024/04/Two-wheeler-loan.jpg)
![AKME Fintrade IPO Logo](https://ipoupcoming.com/wp-content/uploads/2024/04/AKME-Fintrade-IPO-Logo.jpg)