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Akiko Global Services Limited

SME

Issue Price

₹73- ₹77

per equity share

Issue Size

21.47 lakhs

equity share

Face Value

₹ 10

per equity share

Market Lot

1600

equity share

Please note

Listing at NSE

Akiko Global Services Limited

Important Dates

IPO Open Date

25 Jun 2024

IPO Close Date

27 Jun 2024

Allotment Date

01 Jul 2024

Initiation of Refunds

01 Jul 2024

Credit of Shares to Demat Account

01 Jul 2024

IPO Listing Date

02 Jul 2024

UPI Mandate Expiry Date

27 Jun 2024

IPO Details

The Money Fair IPO is open for subscription starting Tuesday, June 25, 2024, and closing on Thursday, June 27, 2024. The Money Fair IPO is a book-built issue of Rs 30.02 lakh equity shares. This upcoming IPO is entirely a fresh issue. The allotment for this new IPO is expected to be finalised on Monday, July 1, 2024. The Money Fair IPO will be listed on NSE SME, and the listing date is fixed on Tuesday, July 2, 2024. The price band of this upcoming IPO is yet to be announced. Other important details, like lot size and minimum investment, have also yet to be announced. The book-running lead manager of The Money Fair IPO is Fast Track Finsec Private Limited. The registrar for this IPO is Skyline Financial Services Private Limited. The market maker for this IPO is Nikunj Stock Brokers.

About Akiko Global Services Limited

Akiko Global Services Limited was incorporated in June 2018, engaged in selling financial companies. They partner with major banks and non-banking financial services companies in India to sell financial products. The company has six years of experience and specialises in distributing and selling financial products such as loans, credit cards, etc.The Money Fair is a tech platform powered by Akiko Global Services that uses algorithms to gather information and analyse the data to assess creditworthiness. It provides useful insights for the easy comparison of offers and aims to increase the chances of securing loans or credit cards for customers. As per the latest information available, the company has a team of 418 permanent staff, including its directors and managerial personnel. 

Parent Organisation

-

Founded

2018

Managing Director

Mr. Gurjeet Singh Walia and Ms. Richa Arora

IPO Objectives

The funds received from this IPO offer will be allocated for implementation of ERP solutions and TeleCRM, mobile application for financial product solutions, to meet the day-to-day capital needs, enhancing brand visibility and awareness, General corporate purposes and issue expenses.

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
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