Unlimited Trading @ Rs 899 per month - Prostocks

AKM Lace & Embrotex Ltd IPO (AKM Lace IPO) Detail

Sep 20, 2017 - Sep 22, 2017

Incorporated in 2009, AKM Lace & Embrotex Ltd (AKM) is engaged in the business of manufacturing and trading of all types of embrotex goods, laces, fabrics, clothing, wearing apparel for personal, commericial and industrial use.

AKM’s sale model is divided into two parts, i.e. sale of traded goods which comprises of cotton fabrics, grey cloth, etc and sale of manufactured/processed goods, which comprises of knitted fabrics primarily lace based. For the year ended March 31, 2017 they traded and manufactured goods constituted 73.08% and 26.92% respectively of the total revenue from operations. Company’s products are mostly used in the manufacture of apparels such as sarees, shirtings, suitings, and upholstery such as curtains among others. Company purchases the traded goods from the local suppliers and manufacturers and sells the same to small scale traders.

Company Promoters:

The promoters of the company are:

1. Mr. Anoop Kumar Mangal
2. Anoop Kumar Mangal and Sons (HUF) and
3. Mr. Shambhu Dayal Mangal

Objects of the Issue:

The Objects of the Issue are:

1. Working capital requirement;
2. General Corporate Purposes, and
3. Issue related expenses.

AKM Lace IPO Details

IPO DateSep 20, 2017 - Sep 22, 2017
Issue TypeFixed Price Issue IPO
Issue Size1,902,000 Eq Shares of ₹10
(aggregating up to ₹4.76 Cr)
Face Value₹10 Per Equity Share
IPO Price₹25 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME

AKM Lace IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)

AKM Lace IPO Subscription Status (Bidding Detail)

AKM Lace IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time







Shares Offered







Sep 22, 2017 17:00

AKM Lace IPO Prospectus

AKM Lace IPO Rating

Rating:Rated 3.3 stars

Vote Here ...

AKM Lace IPO Listing Date

Listing DateFriday, September 29, 2017
BSE Script Code540718
NSE Symbol
Listing InM
IPO Price₹25 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

IPO Price
Last Trade

AKM Lace IPO Reviews / Ratings

Company Contact Information

AKM Lace & Embrotex Ltd
IX/6024 Ram Gali,
Subhash Mohalla,
Gandhi Nagar - Delhi - 110031

Phone: +91 - 11 - 4985 6126
Email: akmlace@gmail.com
Website: http://www.akmlace.com

AKM Lace IPO Registrar

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


  1. 1. What is AKM Lace IPO?

    AKM Lace IPO is a SME IPO of 1,902,000 equity shares of the face value of ₹10 aggregating up to ₹4.76 Crores.

    The issue price of the IPO is ₹25 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Sep 20, 2017 and closes on Sep 22, 2017.

    Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When AKM Lace IPO will open?

    The AKM Lace IPO opens on Sep 20, 2017 and closes on Sep 22, 2017.

  3. 3. How to apply for AKM Lace IPO?

    AKM Lace IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When AKM Lace IPO allotment?

    The finalization of Basis of Allotment for AKM Lace IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the AKM Lace IPO allotment status.

  5. 5. When is AKM Lace IPO listing date?

    The AKM Lace IPO listing date is on Friday, September 29, 2017, at BSE SME.
  6. 6. What is the lot size of AKM Lace IPO?

    AKM Lace IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

AKM Lace IPO Review / Comments

1. drimran  Sep 18, 2017 22:41

Message Board

Stock Message Board

Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App