|
|
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.
The Objects of the Issue is to raise funds for:
1. Long term Working capital requirement;
2. General corporate Purpose; and
3. Issue related expenses.
| Akash Infra Projects IPO Date | Feb 28, 2017 to Mar 6, 2017 |
| Akash Infra Projects IPO Face Value | ₹10 per share |
| Akash Infra Projects IPO Price | ₹125 per share |
| Akash Infra Projects IPO Lot Size | 1000 Shares |
| Issue Size | 2,040,000 shares of ₹10 (aggregating up to ₹25.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | The promoters of the company are: 1. Mr. Yoginkumar H Patel |
The Akash Infra Projects IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹125,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1000 | ₹125,000 |
| Maximum | 1 | 1000 | ₹125,000 |
Considering declining trends of top and bottom line and the higher pricing, only risk savvy cash surplus investors may consider it for long term. Read detail review...
The Akash Infra Projects IPO is subscribed times on Mar 6, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | Wednesday, March 15, 2017 |
| BSE Script Code | |
| NSE Symbol | AKASH |
| Listing In | |
| ISIN | INE737W01013 |
| IPO Price | ₹125 per share |
| Face Value | ₹10 per share |
|
|
Akash Infra Projects Ltd
2 Ground Floor, Abhishek Complex,
Opp. Hotel Haveli,
Sector 11, Gandhinagar - 382011
Phone: +91-079-23227006
Email: ipo@akashinfra.com
Website: http://www.akashinfra.com
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: purvashr@mtnl.net.in
Website: http://www.purvashare.com
Akash Infra Projects IPO is a SME IPO of 2,040,000 equity shares of the face value of ₹10 aggregating up to ₹25.50 Crores. The issue is priced at ₹125 per share. The minimum order quantity is 1000 Shares.
The IPO opens on Feb 28, 2017, and closes on Mar 6, 2017.
Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Akash Infra Projects IPO opens on Feb 28, 2017 and closes on Mar 6, 2017.
Akash Infra Projects IPO lot size is 1000 Shares and the minimum order quantity is .
You can apply in Akash Infra Projects 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 Akash Infra Projects IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Akash Infra Projects IPO allotment status.
Thank you,
Chittorgarh.com Forum Moderator
Forum Do''s And Don''ts (Common Sense)
Useful Articles
|
|
Top Contributor (200+ Posts, 300+ Likes)
Doesn''t matter whether its a bull market or bear market, Akashinfra will always stay lazy like a pig.