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AKANKSHASME / NSEListed
Akanksha Power and Infrastructure

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 Price₹62.00
Listing Gain+12.73%

IPO Schedule & Timeline

Book Built Issue IPO
Open27 Dec 2023
Close29 Dec 2023
Allotment02 Jan 2024
Listing03 Jan 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail16,58,000 shares
33.17%
Nii(hni)7,10,000 shares
14.21%
QIB9,50,000 shares
19.01%
Market Maker2,60,000 shares
5.2%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,10,000
HNI2 Lots (4,000 shares)
₹2,20,000

Company Promoters

Mr. Bipin Bihari Das MohapatraMs. Chaitali Bipin Dasmohapatra

Company Background

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 ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun 2023)₹1027.27 Cr
Growth-86.2%
Revenue Trend (₹ in Crores)
0.02.9k5.7k8.6kMar 2021Mar 2022Mar 2023Jun 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 20231,027.2771.065,530.821,722.62
Mar 20234,644.03290.504,762.651,527.68
Mar 20225,206.50240.923,838.921,055.03
Mar 20217,441.05392.123,781.19891.47

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values2.2918.20%22.75%24.0235.72

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Ltd

Allotment Finalized
Allotment Date
02 Jan 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Ltd
Listing Date
03 Jan 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Ltd

Direct allotment verification on the official registrar portal appointed for Akanksha Power and Infrastructure. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization02 Jan 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Jan 2024Trading commences on exchange

How to Check Akanksha Power and Infrastructure Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Akanksha Power and Infrastructure IPO

Complete issue overview for Akanksha Power and Infrastructure (AKANKSHA) IPO. The issue features an equity share price band of ₹52 – ₹55 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,10,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions