IPO Trending
AFILEQ / NSE, BSEListed

Akme Fintrade India Limited

Akme Fintrade India Ltd is a non-banking financial company (NBFC) established in 1996, with over 20 years of experience in offering customized loans to people in rural and semi-urban areas of India. The company mainly provides Vehicle Finance and Business Finance solutions, especially for small business owners. Akme Fintrade operates in Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat, with its head office in Udaipur, Rajasthan, and corporate office in Mumbai, Maharashtra. It has 12 branches and over 25 service points, offering both physical and digital services, and has served more than 2 lakh customers so far. The company provides loans for purchasing new two-wheelers and three-wheelers like scooters, bikes, and auto rickshaws, supporting both salaried individuals and self-employed people. As of December 31, 2023, Akme Fintrade employs 125 permanent staff members and prioritizes their overall well-being.

₹114 - ₹12054.24x sub
Listed Price127.00
Listing Gain+5.83%
TimelineBook Built Issue IPO
Open19 Jun 2024
Close21 Jun 2024
Allotment24 Jun 2024
Listing26 Jun 2024

Quota Reservation Portions

RetailPortion: 36,57,500 shares
33.25%
Nii(hni)Portion: 15,67,500 shares
14.25%
QIBPortion: 20,90,000 shares
19%
EmployeesPortion: 5,50,000 shares
5%

Minimum Application Bracket Matrix

Retail1 lots / 125 shares
₹15,000
sHNI14 lots / 1,750 shares
₹2,10,000
bHNI67 lots / 8,375 shares
₹10,05,000

About the Company

Akme Fintrade India Ltd is a non-banking financial company (NBFC) established in 1996, with over 20 years of experience in offering customized loans to people in rural and semi-urban areas of India. The company mainly provides Vehicle Finance and Business Finance solutions, especially for small business owners. Akme Fintrade operates in Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat, with its head office in Udaipur, Rajasthan, and corporate office in Mumbai, Maharashtra. It has 12 branches and over 25 service points, offering both physical and digital services, and has served more than 2 lakh customers so far. The company provides loans for purchasing new two-wheelers and three-wheelers like scooters, bikes, and auto rickshaws, supporting both salaried individuals and self-employed people. As of December 31, 2023, Akme Fintrade employs 125 permanent staff members and prioritizes their overall well-being.

Company Promoters

Nirmal Kumar JainManju Devi JainDipesh JainNirmal Kumar Jain HUF