Akanksha Power and Infrastructure Limited IPO

NSE SME

Listed On: Jan 3, 2024 at ₹ 62.0

₹ 110000 /2000 Shares

Check Allotment

Akanksha Power and Infrastructure Limited IPO IPO Details

27 Dec, 2023

Open Date

29 Dec, 2023

Close Date

01 Jan, 2024

Allotment Date

03 Jan, 2024

Listing Date

Issue Price

₹52-55 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

62.0

Listing Date

2024-01-03

Market Lot

2000 Shares (₹110,000/-)

Lead Manager

Narnolia Financial Services Ltd

Issue Size

4,998,000 shares(aggregating up to ₹27.49 Cr)

Retail Portion

35%

Subscription

108.93 times

IPO Docs

DRHP RHP

Akanksha Power and Infrastructure Limited IPO IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	948,000 / 712,000	1,660,000	3,320,000
Day 1 - 27-12-23 06:00 PM	7.00 / 1.75 x	3.95 x	4.35 x
Day 2 - 28-12-23 06:00 PM	7.05 / 16.49 x	27.62 x	19.36 x
Day 3 - 29-12-23 06:00 PM	38.51 / 175.04 x	110.44 x	108.93 x

Akanksha Power and Infrastructure Limited IPO Valuations

Earnings Per Share (EPS)

₹2.29/-

P/E Ratio

24.02

RoNW

18.20%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Akanksha Power and Infrastructure Limited IPO Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	4,762.65	3,838.92	3,781.19
Revenue	4,644.03	5,206.50	7,441.05
Profit After Tax	290.50	240.92	392.12

About The Company

Akanksha Power and Infrastructure Limited provides sustainable and reliable power solutions.

Akanksha Power and Infrastructure manufactures electric equipment, including electrical panels, instrument transformers, and vacuum contactors, catering to consumers from institutions, industries, and electricity transmission and distribution utilities.

Initially, from year 2008 to 2010, the company was engaged in the trading of Capacitors, which were procured from EPCOS India Private Limited, currently known as TDK Electronics.

The major commercial operation of the Company started in the year 2010, as an input-based rural power distribution franchise (DF) in Khaira Electrical Subdivision, Balasore, Odisha. In the year 2013, the Company established its manufacturing facilities and started production of APFC Panels to provide Power Quality Solutions.

Akanksha Power and Infrastructure Limited IPO - Promoter(s)

Pre Issue Share Holding: 83.28%

Post Issue Share Holding: 60.81%

Company Promoter(s)

Mr. Bipin Bihari Das Mohapatra
Ms. Chaitali Bipin Dasmohapatra

Akanksha Power and Infrastructure Limited IPO IPO - Issue Objectives

To meet the Capital Expenditure Requirement of the Company.
To meet the Working Capital requirements of the Company.
To meet the General Corporate Purposes.
To meet the Issue Expenses.

Akanksha Power and Infrastructure Limited IPO IPO - FAQs

Ans. Akanksha Power and Infrastructure Limited IPO is a SME IPO. The issue is priced at ₹52-55 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 27, 2023, and closes on Dec 29, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Akanksha Power and Infrastructure Limited IPO opens on Dec 27, 2023 and closes on Dec 29, 2023.

Ans. The size of Akanksha Power and Infrastructure Limited IPO is 4,998,000 shares(aggregating up to ₹27.49 Cr).

Ans. The IPO price band is set between ₹52-55 per equity share.

Ans. To apply for Akanksha Power and Infrastructure Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Akanksha Power and Infrastructure 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 Akanksha Power and Infrastructure Limited IPO is Jan 1, 2024.

Ans. The Akanksha Power and Infrastructure Limited IPO will be listed on Jan 3, 2024.

Ans. Follow the steps to check the allotment status for Akanksha Power and Infrastructure Limited IPO here.