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IPO Details

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IPO Size

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Listing on exchange

Initial public offering of up to 1,10,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of Akme Fintrade (India) Limited (The Company or the Issuer) for cash at a price of Rs. [] per equity share (including a premium of Rs. [] per equity share) (Issue Price) aggregating up to Rs. [] crores (The Issue). The issue will constitute [] % of the post-issue paid-up equity share capital. The issue includes a reservation of up to 5,50,000 equity shares of face value of Rs. 10 each aggregating up to Rs. [] lakhs (constituting up to [] of the post-issue paid-up equity share capital) for subscription by eligible employees (Employee Reservation Portion). The issue less the employee reservation portion is hereinafter referred to as the Net Issue. The issue and net issue shall constitute [] % and [] %, respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company .

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Here are the steps to apply for Akme Fintrade India Ltd IPO:

Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.

Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.

Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.

Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.

Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.

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