What is the Akme Fintrade India Ltd price band and lot size?

Akme Fintrade India Ltd is priced at ₹114 – ₹120 per share with a lot size of 125 shares, so the minimum application is ₹15,000.

How much was Akme Fintrade India Ltd subscribed?

Akme Fintrade India Ltd was subscribed 55× in total across both exchanges.

How have IPOs like Akme Fintrade India Ltd performed?

Of the 95 mainboard issues that listed in 2024 and that MarketPing can price, the median return since issue price is +7.4% and 48.4% trade below their issue price. This is a base rate for the cohort, not a forecast for this issue.

ListedMainboardAFIL

Akme Fintrade India Ltd

Akme Fintrade India Ltd is a mainboard IPO raising ₹132 Cr at ₹114 – ₹120 a share. It listed on 26 Jun 2024 and trades at ₹9 today, −25.5% against its issue price of ₹120, after adjusting for its 10:1 stock split. It was subscribed 55× in total.

Get alerts on this company Company page Prospectus ↗

₹120

Issue price

₹9

Price now

−25.5%

Since issue price

26 Jun 2024

Listed on

55×Subscribed (final) · all exchanges

55.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

95 mainboard issues listed in 2024 that we can price today. This is the group this issue belongs to.

+7.4%

Median return since issue price

48.4%

Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB28×

Non-institutional130×

Retail46×

Non-institutional: 130× their allocation. QIB: 28×.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits

How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live

Price-point demand curveLive only — NSE stops serving this once bidding closes

Lead managers and registrar1 bank

Official documents5 documents

Listing-day priceNot published for this issue — the exchanges only began carrying it during 2024

Performance since listingComputed from our own daily closes, restated across a 10:1 split

Led by Gretex Corporate Services Limited — median −18.7% across the 13 of its issues we can price. All lead managers →

What happens when

19 JunBidding opens

21 JunBidding closes

24 JunAllotment

25 JunRefunds

26 JunListing

Track AKME FINTRADE (INDIA) LTD

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Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.