Akiko Global Services Ltd IPO Price Range is ₹73 - 77, with a minimum investment of ₹1,23,200 for 1600 shares.
₹1,23,200
/ 1600 shares
Minimum Investment
View Akiko Global Services Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.
IPO Status
Price Band
₹73 - 77
Open Date
2024-06-25
Close Date
2024-06-27
IPO Size
₹23.11 Cr
Lot Size
1600 shares
Min Investment
₹1,23,200
Listing Exchange
NSE
Experienced and Qualified Management and Employee base.
Strong and Consistent Financial Performance.
Growing customer base.
Scalable and reliable business model.
Experienced Promoters and Senior Management with extensive domain knowledge.
Its top ten customers contribute approximately 93.26% of the company revenues for the financial year ended March 31, 2023. Any loss of business from one or more of them may adversely affect its revenues and profitability.
The company does not own its Registered Office from which its operate and the same is on rental basis. If the company is required to vacate the same, due to any reason whatsoever, it may adversely affect its business operations.
The average cost of acquisition of Equity Shares held by its Promoters is lower than the Issue Price.
The company may not be successful in implementing its business strategies.
Its logo `The money fair Simplify your finances is not registered. In case of no registration its brand building efforts may be hampered which might lead to an adverse effect on its business.
The company has a negative cash flow in some of the previous years, details of which are given below. Sustained negative cash flow could impact its growth and business.
Its Promoters and members of the Promoter Group will continue jointly to retain majority control over the Company after the Issue, which will allow them to determine the outcome of matters submitted to shareholders for approval.
Its growth will depends on the companys ability to build its brand and failures to do so will negatively impact the companys ability to effectively compete in this industry.
The company faces competition in its business from domestic competitors. Such competition would have an adverse impact on its business and financial performance.
The company is dependent on its promoter and senior management and other key personnel, and the loss of, or its inability to attract or retain, such persons could affect its business, results of operations, financial condition and cash flows.
1
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2
Go to the INDstocks section and tap on IPO, or search for ‘IPO’.
3
Select Akiko Global Services Ltd IPO from the list of live IPOs.
4
View key details like price band, lot size, and dates, then tap ‘Apply Now’.
5
Choose the number of lots and place your order via UPI.
6
Your funds will be blocked until the share allotment is finalized.