AKIKO GLOBAL SERVICES Limited IPO GMP

The Money Fair, powered by Akiko Global Services Limited (formerly known as Akiko global services private limited)  is an algorithm-based technology that platform that gathers and analyses data of individuals from various sources and draws insights to judge their credit worthiness, their past and current performance that helps in ease of comparison of multiple offers available and unbiased advice. 

Akiko Global IPO, a Book Built issue amounting to ₹23.11 crores, consisting entirely of a Fresh Issue of 30.01 lakh shares. The subscription period for the Akiko Global IPO opens on June 25, 2024, and closes on June 27, 2024. The allotment is expected to be finalized on or about Monday, July 01, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, July 02, 2024.

The price band of Akiko Global IPO is set at ₹73 to ₹77 equity per share, with a minimum lot size of 1600 shares. Retail investors are required to invest a minimum of ₹123,200, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3200 shares), amounting to ₹246,400.

FAST TRACK FINSEC PRIVATE LIMITED is the book-running lead manager, SKYLINE FINANCIAL SERVICES PVT LTD is the registrar. NIKUNJ STOCK BROKERS PRIVATE LIMITED is the sole market maker for Akiko Global IPO.

Akiko Global Services IPO GMP Today
The Grey Market Premium is expected in the range of ₹10 - ₹ 15 based on the financial performance and live subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Akiko Global Services IPO Live Subscription Status
As of 06:24 PM on 27 June 2024, the Akiko Global IPO live subscription status shows that the IPO subscribed  times 33.97 times on the day 3. Check the Akiko Global IPO Live Subscription Status Today at NSE.

Akiko Global Services IPO Allotment Status
Akiko Global allotment date is 01 July 2024, Wednesday. Akiko Global IPO Allotment will be out on 1st July 2024 and will be live on Registrar Website. Check Akiko Global Services IPO Allotment Status here. Here's how you can check the allotment status
- Navigate to the IPO allotment status page.
- Select Akiko Global Services from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Akiko Global Services Limited

Akiko Global Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. Implementation of ERP Solution and TeleCRM
2. Mobile Application for financial product solution
3. To meet working capital requirements
4. Enhancing visibility and awareness of their brands, including but not limited to “Akiko Global” or “Moneyfair”
5. General Corporate Purpose
6. Issue Expenses

Refer to Akiko Global Sevices Limited RHP for more details about the Company.