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Akg Exim Limited IPO (Akg Exim IPO) Detail

September 10, 2018 - September 14, 2018

Akg Exim IPO is a fixed price issue of Rs 5.52 crores.

Akg Exim IPO bidding started from September 10, 2018 and ended on September 14, 2018. The shares got listed on NSE SME on September 25, 2018.

Akg Exim IPO price is ₹31 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹124,000.

Navigant Corporate Advisors Ltd is the book running lead manager of the Akg Exim IPO, while Mas Services Limited is the registrar for the issue.

Refer to Akg Exim IPO RHP for detailed information.

Akg Exim IPO Details

IPO Date September 10, 2018 to September 14, 2018
Listing Date September 25, 2018
Face Value ₹10 per share
Price ₹31 per share
Lot Size 4000 Shares
Total Issue Size1,780,000 shares
(aggregating up to ₹5.52 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion92,000 shares

Akg Exim IPO Reservation

Akg Exim IPO offers 1,780,000 shares. 844,000 (47.42%) to NII, 844,000 (47.42%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered92,000 (5.17%)
Other Shares Offered844,000 (47.42%)
Retail Shares Offered844,000 (47.42%)
Total Shares Offered1,780,000 (100%)

Akg Exim IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹124,000
Retail (Max) 1 4000 ₹124,000
Lot Size Calculator

About Akg Exim Limited

Incorporated in 2005, Delhi based Akg Exim Limited is a company engaged in the business of merchant trading of products and commodities. It is a global merchandiser and distributor of a range of products including Non-Basmati Rice, Spices, Dry Fruits, Metal Scrap, Iron Scrap and Aluminium scrap etc.

AKG exports Metal Scrap from USA & West African Countries and sells it in Far East Countries & in Domestic
markets. The Non-Basmati Rice is purchased from the domestic Market and exported to African Countries.

The company's revenues from operations increased from Rs. 7,468.05 Lacs in 2014-2015 to Rs. 9859.04 Lacs in 2015-16 and further to Rs. 10489 Lacs in F.Y. 2016-17, at the rate of 32.01% and 6.40%.

The Net Profit after tax grew from Rs. 40.71 Lacs in 2014-15 to Rs 48.86 Lacs in 2016-17, at the rate of 18.71%.

The company has 18 employees on its payroll.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Nov-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 5,999.48 6,058.46 5,650.17 3,509.23 3,100.16 4,159.25
Total Revenue 8,197.89 10,555.24 9,859.04 7,482.38 7,044.84 10,825.95
Profit After Tax 62.79 48.86 41.16 40.71 53.82 68.67

Objects of the Issue (Akg Exim IPO Objectives)

The Objects Of The Issue are to-
1. Part finance working capital requirements of the Company;
2. Meet General corporate purposes;
3. Meet the expenses of the Issue.

Akg Exim IPO Review (May apply)

[Dilip Davda]  

Issue is fully priced. Sudden jump in FY18 earnings is a bit surprising. LM has average track record. AKG’s export/ import business is with a group company having similar business that raises concern. Rupee/Dollar parity may impact it’s working.  Cash surplus investors may consider investment  at their own risk.

Read detail review...

Akg Exim IPO Subscription Status (Bidding Detail)

The Akg Exim IPO is subscribed 1.18 times on September 14, 2018 5:00:00 PM. The public issue subscribed 0.37 times in the retail category, times in the QIB category, and 1.99 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Akg Exim IPO Prospectus

Akg Exim IPO Rating

Rating:Rated 2.5 stars
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Akg Exim IPO Listing Details

Listing Date September 25, 2018
BSE Script Code
NSE Symbol AKG
ISIN INE00Y801016
Final Issue Price ₹31 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Akg Exim Limited Contact Details

Akg Exim Limited
408-411, Pearls Corporate
Mangalam Place, Sector - 3, Rohini,
Behind Kali Mata Temple, Delhi 110085
Phone: +91-11-40015500

Akg Exim IPO Registrar

Mas Services Limited

Phone: (011) 2610 4142

Akg Exim IPO - Buy or Not

Akg Exim IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Akg Exim IPO FAQs

Akg Exim IPO is a SME IPO of 1,780,000 equity shares of the face value of ₹10 aggregating up to ₹5.52 Crores. The issue is priced at ₹31 per share. The minimum order quantity is 4000 Shares.

The IPO opens on September 10, 2018, and closes on September 14, 2018.

Mas Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Akg Exim IPO opens on September 10, 2018 and closes on September 14, 2018.

Akg Exim IPO lot size is 4000 Shares, and the minimum amount required is ₹124,000.

You can apply in Akg Exim 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 Akg Exim IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Akg Exim IPO allotment status.

The Akg Exim IPO listing date is on September 25, 2018.
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Akg Exim IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



10. Abhishek Shahi |   Link |  Bookmark |September 14, 2018 2:24:29 PM
Subscribed fully
9. Abhishek Shahi |   Link |  Bookmark |September 14, 2018 12:57:12 PM
93% ho gya .. kya lagta hai
8. GrowYourMoney |   Link |  Bookmark |September 12, 2018 5:53:24 PM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Avoid this one, zero fundamental
7. Abhishek Shahi |   Link |  Bookmark |September 11, 2018 3:21:04 PM
rite...lets see subscription in coming time
6. DownriteVJ |   Link |  Bookmark |September 11, 2018 12:59:52 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
isko ignore maarke aage badho

5. IpoNewbie |   Link |  Bookmark |September 11, 2018 9:29:44 AM
Will come to Rs 3/share in 1 week ;)
4. GrowYourMoney |   Link |  Bookmark |September 10, 2018 1:10:50 PM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Not even single application bidded till now...
Correct Response from Investors..
3. Jai D. Patel |   Link |  Bookmark |September 5, 2018 8:54:22 PM
FYI only....One point one sol me uc Lagi...or dividend bhi jahir Kia...
2. Javedmshekh |   Link |  Bookmark |September 5, 2018 10:33:56 AM
Does these 18 employees are including office boys and drivers ?
1. GrowYourMoney |   Link |  Bookmark |September 4, 2018 2:57:23 PM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Clear Avoid..
No Fundamentals...