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AKANKSHASME / NSEListed

Akanksha Power and Infrastructure Limited

Founded in July 2008, Akanksha Power and Infrastructure Limited manufactures electrical equipment like switchboards, transformers, capacitor panels, VFD panels, MCC/PCC panels, CT-PT units, vacuum contactors and smart metering solutions for industries, utilities and large institutions. The company also provides turnkey electrical project services along with energy management systems that support cloud monitoring, data analytics, power quality testing and loss reduction across transmission and distribution networks. Its major clients include large corporates and public sector companies such as Indian Oil, HAL, Coal India, SAIL, Hindalco, Tata Power Group, NALCO, ABB India and Adani Group. The company is ISO 9001:2015 certified, operates two manufacturing units in Nashik, Maharashtra, and as of June 30, 2023 had 62 permanent and 387 contract workers, with Odisha alone contributing over 34% of its revenue.

₹52 - ₹55117.53x sub
Listed Price62.00
Listing Gain+12.73%
TimelineBook Built Issue IPO
Open27 Dec 2023
Close29 Dec 2023
Allotment02 Jan 2024
Listing03 Jan 2024

Quota Reservation Portions

RetailPortion: 16,58,000 shares
33.17%
Nii(hni)Portion: 7,10,000 shares
14.21%
QIBPortion: 9,50,000 shares
19.01%
Market MakerPortion: 2,60,000 shares
5.2%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,10,000
HNI2 lots / 4,000 shares
₹2,20,000

About the Company

Founded in July 2008, Akanksha Power and Infrastructure Limited manufactures electrical equipment like switchboards, transformers, capacitor panels, VFD panels, MCC/PCC panels, CT-PT units, vacuum contactors and smart metering solutions for industries, utilities and large institutions. The company also provides turnkey electrical project services along with energy management systems that support cloud monitoring, data analytics, power quality testing and loss reduction across transmission and distribution networks. Its major clients include large corporates and public sector companies such as Indian Oil, HAL, Coal India, SAIL, Hindalco, Tata Power Group, NALCO, ABB India and Adani Group. The company is ISO 9001:2015 certified, operates two manufacturing units in Nashik, Maharashtra, and as of June 30, 2023 had 62 permanent and 387 contract workers, with Odisha alone contributing over 34% of its revenue.

Company Promoters

Mr. Bipin Bihari Das MohapatraMs. Chaitali Bipin Dasmohapatra
Akanksha Power and Infrastructure Limited IPO Details | GMP, Allotment & Financials | IPO Trending