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Akshar Spintex IPO Details

Issue Open Apr 27, 2018
Issue Close May 3, 2018
IPO Price ₹40
Face Value ₹10
IPO Size ₹26.99 Cr
Listing At BSE SME
IPO Lot Size 3000
Open an Instant Account with Zerodha

Akshar Spintex IPO Date & Price

The Akshar Spintex IPO opens on Apr 27, 2018 and closes on May 3, 2018.

Sorry the Akshar Spintex IPO timelines are not available at this time.

Akshar Spintex IPO price is set at ₹40 per equity share.

Akshar Spintex IPO will close for subscription at 5 PM on May 3, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Akshar Spintex IPO starts on Apr 27, 2018. The issue ends on May 3, 2018.

Akshar Spintex IPO Issue Size and Subscription Status

The Akshar Spintex IPO size is 6747000 Equity Shares of ₹10 aggregating up to ₹26.99 Cr.

Akshar Spintex Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Akshar Spintex IPO shares through the banks (using ASBA) or through the broker (using UPI).

Akshar Spintex IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)3,201,000 Shares
Retail Individual Investor (RII)3,201,000 Shares
Employee Reservations0 Shares
Other Reservations345,000 Shares
Total Issue Size6,747,000 Shares

Akshar Spintex IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)1.71 times times
Retail Individual Investor (RII)9.24 times times
Employee Reservations times
Other Reservations times
Total Issue Size5.49 times times

Click here to check the Akshar Spintex IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Akshar Spintex IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Akshar Spintex IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Akshar Spintex IPO Allotment and Listing

The tentative date for Akshar Spintex IPO allotment status is not available at this time. You can check the Akshar Spintex IPO Allotment Status as soon as it is available.

Click here to check Akshar Spintex IPO Allotment Status.

Akshar Spintex IPO listing Date is May 11, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Akshar Spintex IPO listing date and time is published by the exchange in a circular.

Click here to view the Akshar Spintex IPO Basis of Allotment.

It is hard to say at what price Akshar Spintex IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Akshar Spintex IPO shares will list on May 11, 2018 at BSE SME.

Akshar Spintex IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Akshar Spintex IPO which could help you with questions like Akshar Spintex IPO buy or not? You should also read Akshar Spintex IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Akshar Spintex IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Akshar Spintex IPO performance. The performance reports are available 1 day after listing.