Akme Fintrade Limited IPO subscribed 55.07 times on the last day of bidding. Check the GMP here
Akme Fintrade India Ltd, an NBFC with over 20 years of experience, specializes in lending to rural and semi-urban areas in India. The company offers Vehicle Finance and Business Finance Products tailored to small business owners’ needs. Operating across Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat, Akme Fintrade focuses on empowering rural and semi-urban populations.
Akme Fintrade Limited subscription details :
| SR. NO. | CATEGORY | NO OF TIMES SUBSCRIBED |
|---|---|---|
| 1 | Qualified Institutional Buyers (QIBs) | 28.12 |
| 2 | Non Institutional Investors | 130.32 |
| 3 | Retail Individual Investors (RIIs) | 45.68 |
| 4 | Employees | 5.53 |
| – | Total | 55.07 |
Akme Fintrade Limited Grey Market Premium (GMP) today :
The current GMP of the company is around Rs. 29-31 which is around 24.17 % of the Issue price . It is expected that investors can get a profit of 24.17% per lot if the stock lists at such GMP price.
Note: The GMP fluctuates on the basis of market demand.
Akme Fintrade Limited Allotment & Listing Date :
The allotment of Akme Fintrade Limited is to be done on Monday (24/06/2024) by Bigshare Services Pvt Ltd (Registrar) and the listing date of the shares is on Wednesday (26/06/2024).
Disclaimer:
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