AKG Exim SME IPO Details

AKG Exim SME IPO Details

AKG Exim Limited is incorporated in 2005 based in Delhi. The company is a trader of merchant products and commodities. The product range of the trading includes rice, spices, dry fruits, metal scrap, iron scrap and more. The company export metal scrap from USA and West African countries and sell it to East Countries and domestic market as well. AKG Exim ipo is starting from 10-September and ends on 14-September. The price band is around Rs.31 with 4000 market lot. The ipo size is around 5.52 crore rupees. 

IPO Review:

Avoid

AKG Exim IPO Dates & Price Band:

IPO Open: 10-September-2018

IPO Close: 14-September-2018

IPO Size: Approx Rs 05.52 Crore

Face Value: Rs.10 Per Equity Share

Price Band: Rs.31 Per Equity Share

Listing on: NSE SME

Shares: 1,780,000

Retail Portion: 50%

IPO Market Lot:

Shares: Apply for 4,000 Shares (Minimum Lot Size)

Amount: Rs.1,24,000

IPO Allotment & Listing:

Basis of Allotment: 21-September-2018

Refunds: 24-September-2018

Credit to demat accounts: 25-September-2018

Listing: 26-September-2018

Financial Results:

  Rs. in Crore
Revenue Expense PAT
2013
108.26 105.97 0.69
2014
70.45 68.55 0.54
2015
74.82 72.95 0.41
2016
98.59 96.14 0.41
2017
105.55 103.10 0.49

Company Promoters:

Rajeev Goel

Apple Overseas Pte. Limited

Rajeev Goel HUF

IPO Registrar:

MAS Services Limited

Phone: (011) 2610 4142

Fax: (011) 2618 1081

Email: info@masserv.com

Website: http://www.masserv.com

IPO Lead Managers:

Navigant Corporate Advisors Ltd

Company Address:

Akg Exim Limited

408-411, Pearls Corporate

Mangalam Place, Sector - 3, Rohini,

Behind Kali Mata Temple, Delhi 110085

Phone: +91-11-40015500

Fax: +91-11-40015518

Email: info@akg-global.com

Website: http://www.akg-global.com

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