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Akiko Global Services Limited

  • Minimum Investment
    ₹1,16,800
  • Price Range
    ₹73 - ₹77
  • Issue Size
    ₹23.11 Cr
  • Lot Size
    1600 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Implementation of ERP Solution and TeleCRM

Mobile application for financial product solution

To meet working capital requirements

Enhancing visibility and awareness of the brands, including but not limited to Akiko Global or Moneyfair

General corporate purpose

Issue expenses

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Akiko Global Services Limited

Diversified business model

The company's business model encompasses various customer acquisition strategies, including telemarketing, feet-on-street approach, digital marketing, and corporate activities. This diversified approach enables it to reach a broad customer base and optimize sales potential

Extensive database

Over the years, the company has amassed a vast database of customers from target segments. This enables it to precisely target potential customers and tailor its offerings to their specific needs, thereby enhancing the efficiency of its marketing efforts

Dependent on limited customers

The company's top ten customers contribute approximately 93.3% of the revenues for FY23. Any loss of business from one or more of them may adversely affect the revenues and profitability

Negative cash flow

The company has a negative cash flow in some of the previous years. Sustained negative cash flow could impact the growth and business

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Akiko Global Services Limited

Akiko Global Services was incorporated on June 13, 2018. The company is a channel partner for major banks and non-banking financial companies in India, with six years of expertise and experience, working majorly in the distribution and sales of financial products such as credit cards and loans.
  • Promoter
    Ankur Gaba
  • Promoter
    Richa Arora
  • Promoter
    Gurjeet Singh Walia
  • Promoter
    Puneet Mehta
  • Promoter
    Priyanka Dutta

Akiko Global Services Limited IPO FAQs

What is Akiko Global Services Limited IPO?

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Akiko Global Services Limited IPO refers to the initial public offering of shares by Akiko Global Services Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Akiko Global Services Limited IPO?

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For Akiko Global Services Limited IPO the issue size is ₹23 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Akiko Global Services Limited IPO?

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For Akiko Global Services Limited IPO the minimum investment is ₹1,16,800. The minimum investment for Akiko Global Services Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Akiko Global Services Limited IPO?

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For Akiko Global Services Limited IPO the lot size is 1600 shares. The lot size of Akiko Global Services Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Akiko Global Services Limited IPO on Share.Market?

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To apply for Akiko Global Services Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Akiko Global Services Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Akiko Global Services Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Akiko Global Services Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Akiko Global Services Limited IPO?

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For Akiko Global Services Limited IPO the allotment date is July 1, 2024. The allotment date of Akiko Global Services Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Akiko Global Services Limited IPO?

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For Akiko Global Services Limited IPO, the subscription opens on June 25, 2024 and closes on June 27, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Closed
25 Jun - 27 Jun
Total Subscription
35.00x Oversubscribed
Trade
Bidding Closed
25 Jun - 27 Jun
Total Subscription
35.00x Oversubscribed
Trade