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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.
| IPO Date | Feb 28, 2017 to Mar 6, 2017 |
| Listing Date | Mar 15, 2017 |
| Face Value | ₹10 per share |
| Price | ₹125 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 2,040,000 shares (aggregating up to ₹25.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
The Akash Infra Projects IPO lot size is 1000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹125,000 |
| Retail (Max) | 1 | 1000 | ₹125,000 |
| Lot Size Calculator | |||
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) |
|---|
[Dilip Davda] 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 Objects of the Issue is to raise funds for:
1. Long term Working capital requirement;
2. General corporate Purpose; and
3. Issue related expenses.
| Listing Date | Mar 15, 2017 |
| BSE Script Code | |
| NSE Symbol | AKASH |
| ISIN | INE737W01013 |
| Final Issue Price | ₹125 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹125.00 |
| ₹124.50 |
| ₹124.50 |
| ₹131.60 |
| ₹128.15 |
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
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
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, Nuvama, 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.
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RHP
Doesn''t matter whether its a bull market or bear market, Akashinfra will always stay lazy like a pig.