AKI India Limited IPO (AKI India IPO) Detail

Sep 28, 2018 - Oct 5, 2018

Incorporated in 1994, Kanpur based AKI India Limited is a company engaged in the business of manufacturing and export of leather and leather goods. The company manufactures saddlery products, footwear as well as leather.

The company operates through two business verticals, retail, and distribution. The retail business operates through exclusive stores while the distribution vertical operates through multi-brand outlets.

The total revenue (consolidated) of the company increased from Rs 1821.75 lakhs in 2014 to Rs 4912 lakhs in 2018, at a CAGR of 21.94 %.

The EBITDA grew from Rs 306.19 lakhs in 2016 to Rs 400.02 lakhs in Fiscal 2018, at a CAGR of 15.32%.

The company employs 16 full time and 27 contracted labors.

Company Promoters:

The promoters of the company are Asad Kamal Iraqi and Anwar Kamal Iraqi. They together hold 56,95,170 Equity Shares representing 75.97% of the Issued and Paid-up equity share capital of the company.

Company Financials:

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	3,575.64	3,992.77	3,910.23	3,665.68	2,580.79
Total Revenue	4,536.26	4,269.87	4,067.47	3,180.03	1,541.05
Profit After Tax	102.22	15.11	14.26	(63.45)	12.95

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	3,686.46	4,004.96	3,968.67	3,803.53	2,744.98
Total Revenue	4,912.56	4,345.24	4,236.85	3,501.34	1,821.75
Profit After Tax	110.71	10.56	16.65	(108.07)	1.95

Objects of the Issue:

The objects of the Issue are to raise funds to meet-

1. Working Capital Requirements
2. General Corporate Purpose
3. Issue Expenses

AKI India IPO Details

Issue Open	Sep 28, 2018 - Oct 5, 2018
Issue Type	Fixed Price Issue IPO
Issue Size	2,800,000 Eq Shares of Rs 10 (aggregating up to Rs 3.08 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 11 Per Equity Share
Market Lot	10000 Shares
Min Order Quantity	10000 Shares
Listing At	BSE SME

AKI India IPO Subscription Status (Bidding Detail)

AKI India IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	NII	RII	Total
Shares Offered	1,330,000	1,330,000	2,660,000
Oct 5, 2018 18:50	2.14x	0.99x	1.56x

AKI India IPO Prospectus

› Draft Prospectus
› Red Herring Prospectus

AKI India IPO Rating

3.3

Rating:

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AKI India IPO Listing Date

Listing Date	Friday, October 12, 2018
BSE Script Code	542020
NSE Symbol
Listing In	MT
ISIN	INE642Z01018
Issue Price	Rs 11 Per Equity Share
Face Value	Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE SME
Rs 11.00
Rs 11.05
Rs 11.05
Rs 11.55
Rs 11.55
60,000

AKI India IPO Reviews / Ratings

Dilip Davda - Other

Company Contact Information

AKI India Limited
9/6(11)
Asharfabad Jajmau
Kanpur - 208010

Phone: 91 512 2463130
Email: info@groupaki.com
Website: http://www.groupaki.com/

AKI India IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: aki.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

AKI India IPO Lead Manager(s)

Finshore Management Services Limited

Lead Manager Reports

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