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.
55.1 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
What happened after it listed
The return since issue is computed from our own daily closes, never from the exchange’s listing-price field — that one is missing for about 47% of listed issues, so it could never carry the headline. It is shown here as its own fact, the debut price, wherever the exchange did publish it.
The return above is measured against a 10:1 stock split: this share traded at ₹9 at last close, which is ₹89 on the face value it carried at the IPO. Without that restatement the two prices are not comparable.
No listing-day price is published for this issue. The exchanges only began carrying it during 2024, so issues that listed before then never gain one.
Multi-horizon returns — listing day, one week, one month, three, six and a year — are being built and will appear here.
How its cohort has done
95 mainboard issues listed in 2024 that we can price today. This is the group this issue belongs to.
Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →
Everything this company files, from here on
A newly listed company starts filing results, orders and board decisions immediately. We summarise each one and send it to your WhatsApp.