Akme Fintrade IPO GMP today: Akme Fintrade India Limited, which powers Aasaan Loans, has been in the market with its initial public offering, which has done very well with bidders taking to it with gusto. With allotment done, all the successful bidders would be joyfully watching where the grey market premium is pointing. Those who were disappointed and did not get any shares allotted would be looking to get their money back via the refund process. The lucky bidders can check Akme Fintrade IPO allotment result as the shares would have been transferred to their demat accounts. Now, all eyes would have been on Akme Fintrade IPO GMP today. Notably, the Akme Fintrade IPO listing date was today.
Akme Fintrade IPO GMP today
So, how good, or how bad, was the grey market premium of this company ahead of listing today? According to reports, Akme Fintrade IPO GMP today was Rs 17. It indicates the likelihood of the stock listing at a gain. With the price band at Rs 120, the listing was expected at Rs 137.
Akme Fintrade IPO listing today
Notably, Akme Fintrade IPO listing date was today and the shares listed in positive territory with a gain of just under 6 percent on the NSE.
Akme Fintrade IPO listing happened at Rs 127, which is a boost of 5.83%. Which is not quite what the Akme Fintrade IPO GMP today was hinting at.
Akme Fintrade listing on the BSE happened at Rs 125.70, a gain of 4.75% versus an issue price of Rs 120.
Akme Fintrade IPO details
IPO was subscribed over 50X. In a 3-day bidding process
Akme Fintrade IPO received bids for 42,85,49,750 equity shares on 7,865,000 shares offered by them.
Akme Fintrade IPO issue was available for subscription between June 19 and June 21.
Akme Fintrade IPO had raised Rs 132 crore
Akme Fintrade is a non-deposit-taking , non-systematically important NBFC.
Akme Fintrades shares are scheduled to be listed on both NSE and BSE
Akme Fintrade IPO price range was from Rs 114 to Rs 120 per share.
Akme Fintrade IPO lot size of 73 shares.
Akme Fintrade IPO consisted fresh issue of 1.1 crore equity shares.
Akme Fintrade IPO GMP today: Akme Fintrade IPO listing today happened with a boost of just under 6% from the issue price. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
