Retail investors can bid for the maximum of 13 lots, while for the 1 lot of 72 shares, the minimum investment required is Rs 14,904
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The price band for the issue is fixed at Rs 267 to 281 and the IPO will list on the NSE and BSE on 02 July
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During its subscription phase, Qualified Institutions places bids over 28 times, whereas retail subscription stands at nearly 45 times
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During its subscription phase, Qualified Institutions places bids over 200 times, whereas the issue was subscribed by 103 times
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The years 2022 and 2023 have been pivotal for SME IPOs in India. There was a noticeable shift towards priority sectors such as agriculture, logistics and infrastructure, and manufacturing, writes Tarun Singh, Founder and Managing Director of Highbrow Securities
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Akme Fintrade IPO allotment is scheduled on 24 June. Subsequently, the IPO will list on the NSE and BSE on 26 June
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IPO allotment is scheduled on 24 June followed by listing on the NSE and BSE on 26 June
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Retail investors can bid for the maximum of 13 lots, while for the 1 lot of 40 shares, the minimum investment required is Rs 14,760
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Pranik Logistics provides end-to-end logistics services to corporates such as Reliance, Nestle, Tata etc
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Listing is expected at around Rs 150 to 160 per share, resulting in a listing gain of approximately 25 per cent, says expert
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