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Akme Fintrade (India) Limited IPO Subscription Status

📅Offer Date: 19 Jun 2024 – 21 Jun 2024

Minimum investment
₹15,000125 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total54.57x
QIB28.12x
NII129.17x
Retail42.98x

Akme Fintrade (India) Limited IPO was subscribed 54.57x in total when bidding closed on 21 Jun 2024, with 28.12x in the QIB category, 129.17x in NII, 42.98x in retail. The issue ran from 19 Jun 2024 to 21 Jun 2024 at a price band of ₹114.00–₹120.00 per share.

QIB28.12xNII129.17xRetail42.98xTotal54.57x1×

Times subscribed by category against the 1× line.

43
≈ 1 in 43 retail allotment
low allotment chance

Based on retail subscription (42.98x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs20,90,0005,87,70,80028.12x
NIIs15,67,50020,24,73,975129.17x
SNIIs (<10L)5,22,5007,54,49,000144.40x
BNIIs (>10L)10,45,00012,70,30,200121.56x
Retail36,57,50015,71,99,35042.98x
Total78,65,00042,91,93,05054.57x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs25.08705.2528.12x
NIIs18.812429.69129.17x
Retail43.891886.3942.98x
Total87.785021.3354.57x

Values derived from share count × issue price (₹120.00)

What this means for allotment & listing

Because Akme Fintrade (India) Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Akme Fintrade (India) Limited IPO subscription FAQs