Incorporated in 2007, Gujarat based Aakash Exploration Services Limited is a company engaged in providing services for Oil and Gas Exploration.
The company is an ISO 9001 14001 and OHSAS 18001 certified company. It provides Mobile Work Over Rigs, Hot Oil Circulation Unit, Air Compressor, Mobile Steaming Unit (Boiler), Mobile Pumping Unit, Crane, Manpower Services, SRP Unit supply and Maintenance and other similar Services.
Aakash Exploration is providing Oil and Gas field Services to M/S Oil & Natural Gas Corporation Ltd (A Govt. of India Company), Ahmedabad, Mehsana and Hazira Projects and also providing similar services to private oil field operators namely GSPCL, Cairn, Essar, Great Eastern Energy, IOC, Niko, OIL, Price Petroleum etc to their extreme satisfaction. Aakash Exploration Services Limited is a national group of Oil and Gas Field Services with a staff of more than 250 employees and operating in more than 7 states of India.
The Promoters of the company are Mr. Vipul Navin Haria, Mr. Hemang Navin Haria, and Mr. Krunal Pravin Haria.
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 3,382.38 | 3,131.06 | 2,549.24 | 1,393.22 | 1,056.70 | |
| Total Revenue | 3,380.30 | 2,563.31 | 2,345.20 | 1,389.54 | 944.65 | |
| Profit After Tax | 110.02 | 44.32 | 101.44 | 49.38 | 14.40 | |
The Objects Of the Issue are:
1. Payment of Cash Credit Facilities;
2. Repayment of Unsecured Loans;
3. Working Capital Requirement;
4. General Corporate Purpose; and
5. Issue Expense
| IPO Opening Date | Apr 17, 2018 |
| IPO Closing Date | Apr 19, 2018 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹56 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | 1,800,000 Eq Shares of ₹10 (aggregating up to ₹10.08 Cr) |
The Aakash Exploration IPO open date is Apr 17, 2018, and the close date is Apr 19, 2018. The issue may list on Apr 27, 2018.
| IPO Open Date | Apr 17, 2018 |
| IPO Close Date | Apr 19, 2018 |
| Basis of Allotment Date | Apr 24, 2018 |
| Initiation of Refunds | Apr 25, 2018 |
| Credit of Shares to Demat Account | Apr 26, 2018 |
| IPO Listing Date | Apr 27, 2018 |
The Aakash Exploration IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹112,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹112,000 |
| Maximum | 1 | 2000 | ₹112,000 |
The Aakash Exploration IPO is subscribed 1.48x times on Apr 19, 2018 17:00. The public issue subscribed 1.38x in the retail category, in the QIB category, and 1.59x in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| NII | 1.59x |
| RII | 1.38x |
| Total | 1.48x |
| Listing Date | Friday, April 27, 2018 |
| BSE Script Code | |
| NSE Symbol | AAKASH |
| Listing In | |
| ISIN | INE087Z01016 |
| IPO Price | ₹56 per equity share |
| Face Value | ₹10 per equity share |
|
|
Aakash Exploration Services Limited
424-426, 4th Floor,
Shukan Mall, Nr. Visat Petrol Pump,
Sabarmati, Ahmedabad- 380005
Phone: +91 79-48006633/ 65423366
Email: hemang@aakashexploration.com
Website: http://www.aakashexploration.com
Skyline Financial Services Private Ltd
D-153A, 1st Floor,
Okhla Industrial Area, Phase-I,
New Delhi -110020
Phone: +91 - 11 - 2681
Email: virenr@skylinerta.com
Website: http://www.skylinerta.com
Aakash Exploration IPO is a SME IPO of 1,800,000 equity shares of the face value of ₹10 aggregating up to ₹10.08 Crores. The issue is priced at ₹56 per equity share. The minimum order quantity is 2000 Shares.
The IPO opens on Apr 17, 2018, and closes on Apr 19, 2018.
Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Aakash Exploration IPO opens on Apr 17, 2018 and closes on Apr 19, 2018.
Aakash Exploration IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
You can apply in Aakash Exploration IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Aakash Exploration IPO will be done on Apr 24, 2018, and the allotted shares will be credited to your demat account by Apr 26, 2018. Check the Aakash Exploration IPO allotment status.
Useful Articles
Compare Share Broker in India
Download Mobile App
Our Websites
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Acct Best Broker for Beginners More Reports...Discount Broker Review
Zerodha (₹20/trade) Upstox (₹20/trade) Angel Broking (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Full-service Review
Angel Broking (₹20/trade) IIFL Securities (₹20/trade) Aliceblue (₹20/trade) ICICI Direct (₹20/trade) Edelweiss (₹10/trade) More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading Homepage
Options Overview
Benefits & Risks of Options
Options Pricing
Options Trading FAQs
Options Trading Glossary
Broker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI Homepage
Best NRI Trading Account
Best NRI 3-in-1 Account
Top 10 Discount Brokers
Top 10 Full-Service Brokers
NRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
IPO Guru (1400+ Posts, 700+ Likes)
IPO Mentor (500+ Posts, 800+ Likes)
Top Contributor (400+ Posts, 200+ Likes)