IPO

Aakash Exploration Services Limited IPO

NSE SME

Offer Date: Apr 17, 2018 - Apr 19, 2018

₹ 112000 /2000 Shares

IPO Details

17 Apr, 2018

Open Date

19 Apr, 2018

Close Date

25 Apr, 2018

Allotment Date

27 Apr, 2018

Listing Date

Issue Price

Rs 56 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

Market Lot

2000 Shares (Rs 1,12,000/-)

Lead Manager

MONARCH NETWORTH CAPITAL LIMITED

Issue Size

18,00,000 Equity Shares of Rs 10/- each at a price of Rs 56/- per share aggregating to 10.08 Cr 

Retail Portion

N/A

Subscription

times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved8,55,0008,55,00017,10,000
Day 1 - 17-04-184,00,000 0.47 x24,000 0.03 x4,24,000 0.25 x
Day 2 - 18-04-189,36,000 1.09 x3,42,000 0.40 x12,78,000 0.75 x
Day 3 - 19-04-1813,60,000 1.59 x11,78,000 1.38 x25,38,000 1.48 x
Day 4 - 17-04-18N/A xN/A xN/A x

Valuations

Earnings Per Share (EPS)

Rs 1.62

P/E Ratio

34.57

RoNW

6.48%

Net Asset Value (NAV) - (as on 31.12.17)

Rs 35.67

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

  1. Mr. Vipul Navin Haria
  2. Mr. Hemang Navin Haria
  3. Mr. Krunal Pravin Haria

IPO - Issue Objectives

  1. Payment of Cash Credit Facilities
  2. Repayment of Unsecured Loans
  3. Working Capital Requirement
  4. General Corporate Purpose
  5. Issue Expense

IPO - FAQs

Ans. Aakash Exploration Services Limited IPO is a SME IPO. The issue is priced at Rs 56 Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Apr 17, 2018, and closes on Apr 19, 2018. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Aakash Exploration Services Limited IPO opens on Apr 17, 2018 and closes on Apr 19, 2018.

Ans. The size of Aakash Exploration Services Limited IPO is 18,00,000 Equity Shares of Rs 10/- each at a price of Rs 56/- per share aggregating to 10.08 Cr .

Ans. The IPO price band is set between Rs 56 Per Equity Share .

Ans. To apply for Aakash Exploration Services Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Aakash Exploration Services Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Aakash Exploration Services Limited IPO is Apr 25, 2018.

Ans. The Aakash Exploration Services Limited IPO will be listed on Apr 27, 2018.

Ans. Follow the steps to check the allotment status for Aakash Exploration Services Limited IPO here.