Akanksha Power and Infrastructure Ltd IPO Details

Akanksha Power and Infrastructure Limited

SME

SMALL CAP

CAPITAL GOODS – ELECTRICAL EQUIPMENT

Minimum Investment ₹1,10,000 /1 Lot (2000 shares)		Price Range ₹52-₹55
Max Quantity 1 Lots/2000 Shares	Max Investment ₹1,10,000	Retail Discount ₹0
Investor category and sub category Individual- HNI & Retail	Issue Size 27.49Cr	.

Total Issue Size 4,998,000 Shares (aggregating up to ₹27.49 Cr)	Share Holding Pree Issue 11,260,200	Issue Type Book Build Issue IPO
Fresh Issue Share 4,998,000 Shares (aggregating up to ₹27.49 Cr)	Share Holding Post Issue 16,258,200	Listing At NSE SME
.	Market Maker Portion 260,000	Face value ₹10 per share

IPO Dates

Offer Starts	27 Dec 2023
Offer Ends	29 Dec 2023
Allotment	01 Jan 2024
Refunds	02 Jan 2024
Credit of shares to Demat account	02 Jan 2024
IPO Listing	03 Jan 2024

About Akanksha Power and Infrastructure Limited

Founded in July 2008, Akanksha Power and Infrastructure Limited manufactures electrical equipment such as switchboards, transformers and vacuum contactors for institutions, industries and utilities. The company’s product portfolio includes manufacturing and supply of CT-PT, metering units, cubic automatic power correction panels (capacitor panels), fixed capacitor banks, motor control centre (MCC), power control centre (PCC), variable frequency drive (VFD) panels, thyristor switches and vacuum contactors. The company also offers energy management systems and smart energy metres (Advanced Metering Infrastructure). In addition, the company offers engineering and implementation services for turnkey electrical projects.

Founded In	Managing Director
2008	Mr. Bipin Bihari Das Mohapatra

Manoj Ceramic Limited IPO Prospectus

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DRHP Draft Prospectus	Click Here
RHP Draft Prospectus	Click Here

Share Holding

Share Holding Pre-Issue	83.28%
Share Holding Post-Issue	60.81%

Financials

Fundamentals

	Values		Values
Market cap	₹101.81Cr	ROE	18.20%
P/E (X)	24.02	ROCE	22.75%
POST P/E (X)	35.72	EPS	2.29
Debt to Equity	0.96	RONW	18.20%

Objects of the Issue

• 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 IPO FAQs

What is Akanksha Power and Infrastructure IPO?

• Akanksha Power and Infrastructure IPO is an NSE SME IPO. They are going to raise ₹27.49 Crores via IPO. The issue is priced at ₹52 To ₹55 per equity share. The IPO is to be listed on NSE.

When is Akanksha Power and Infrastructure IPO will open?

• The IPO is to open on December 27, 2023 for NII, and Retail Investors.

What is Akanksha Power and Infrastructure IPO Investors Portion?

• The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 35%.

What is Akanksha Power and Infrastructure IPO Size?

• Akanksha Power and Infrastructure IPO size is ₹27.49 crores.

What is Akanksha Power and Infrastructure IPO Price Band?

• Akanksha Power and Infrastructure IPO Price Band is ₹52 To ₹55 per equity share.

What is Akanksha Power and Infrastructure IPO Minimum and Maximum Lot Size?

• The IPO bid is 2000 shares with ₹110,000.

What is Akanksha Power and Infrastructure IPO Allotment Date?

• Akanksha Power and Infrastructure IPO allotment date is January 1, 2024.

What is Akanksha Power and Infrastructure IPO Listing Date?

• Akanksha Power and Infrastructure IPO listing date is January 3, 2024. The IPO to list on NSE SME.