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Home All IPOs Akash Infra-Projects Ltd. IPO
Akash Infra-Projects Ltd. IPO
NSE SME Fixed Price IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹125
Issue Price
₹125
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹125
GMP based
Lot Size
1,000
shares / lot
Min Amount
₹125,000
1 lot · 1,000 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
28 Feb 2017
Tue Completed
Done
Close Date
06 Mar 2017
Mon Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
15 Mar 2017
Wed Completed
UPI Deadline: 06 Mar 2017
Issue Details
Pricing & Size
Issue Price
₹125 Face ₹10
Lot Size
1,000 shares
Min Investment
₹125,000
Total Issue Size
20,40,000 shares (aggregating up to ₹25.50 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,08,000 (5.29%)
QIB Portion
-
NII / HNI
9,66,000 (47.35%)
Retail
9,66,000 (47.35%)
Employee
-
Net Offer to Public
19,32,000 shares (aggregating up to ₹24.15 Cr)
Shareholding Pattern
Pre-Issue Shareholding
63,21,067 shares
Post-Issue Shareholding
75,88,267 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,000 ₹1,25,000
HNI / NII 2 2,000 ₹2,50,000
Objects of Issue
3 objectives
1
Incorporated in 1999, Akash Infra-Projects Ltd (AIPL) is engaged into the business of civil construction and has undertaken various government contracts for construction of roads. It is primarily into the Construction of roads, resurfacing, widening repairs of roads and Minor bridges etc. It has proven track record of successful completion of various road projects in the state of Gujarat. It is also into the business of hospitality segment and operating and managing hotel named Pathikashram at Gandhinagar which is owned by Gujarat Government.
13.00 Cr
2
General Corporate Purpose
2.62 Cr
3
Company’s share of Issue related Expenses
0.22 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Tipsons Consultancy Services Pvt.Ltd
Market Maker
Beeline Broking Ltd.
IPO Timeline
Open
28 Feb
✓ Done
Close
06 Mar
✓ Done
Allotment
TBA
Listing
15 Mar
✓ Done
Registrar Details
Purva Sharegistry (India) Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-022-23018261/ 23016761
Email
purvashr@mtnl.net.in
Company Contact
Email
ipo@akashinfra.com
Phone
+91-079-23227006
Address
2 Ground Floor, Abhishek Complex, Opp. Hotel Haveli, Sector 11, Gandhinagar, Gujarat, 382011
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹125
Est. Listing
₹125
Lot Size
1,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Akash Infra-Projects Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹125
GMP
+₹0 (+0%)
GMP Est. Listing
₹125
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 9,66,000 (47.35%) ₹1,207.50 Cr
Retail Investors 9,66,000 (47.35%) ₹1,207.50 Cr
Total ** 20,40,000 (100.00%) ₹25,500.00 Cr
Market Maker * 1,08,000 (5.29%) ₹13.50 Cr
* Based on ₹125.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
9,66,000 (47.35%)
Retail
9,66,000 (47.35%)
Market Maker
1,08,000 (5.29%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.

Financial data not available

About Akash Infra-Projects Ltd.

Incorporated in 1999, Akash Infra-Projects Ltd (AIPL) is engaged into the business of civil construction and has undertaken various government contracts for construction of roads. It is primarily into the Construction of roads, resurfacing, widening repairs of roads and Minor bridges etc.

It has proven track record of successful completion of various road projects in the state of Gujarat. It is also into the business of hospitality segment and operating and managing hotel named Pathikashram at Gandhinagar which is owned by Gujarat Government.

Frequently Asked Questions
What is the issue price of Akash Infra-Projects Ltd. IPO?
The issue price of Akash Infra-Projects Ltd. IPO is ₹125 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,000 shares, requiring ₹125,000.
What are the IPO dates?
Opens 28 Feb 2017, closes 06 Mar 2017.
When is the listing date?
Tentative listing: 15 Mar 2017 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹125 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Akash Infra-Projects Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
15 Mar 2017
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹125
Face ₹10
Lot Size
1,000
shares / lot
Min Amount
₹125,000
1 lot
Est. Listing
₹125
GMP +₹0
Key Dates
Open
28 Feb Done
Close
06 Mar Done
Listing
15 Mar Done
Registrar
Purva Sharegistry (India) Pvt.Ltd
A
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