On the last day of bidding for the issue of Akiko Global Services (The Money Fair IPO), the total subscription reached 34.96 times led by non-institutional buyers subscribing 48.05 times. Retail investors subscribed 45.57 times and qualified institutions subscribed to the issue 10.21 times, as per chittogarh.com.
The SME IPO a fresh issue of 30.02 lakh shares worth Rs 23.11 crore, was open for bidding from June 25 to June 27. The Money Fair IPO price band was set between Rs 73 and Rs 77 per share. Investors had to apply for a minimum of 1600 shares, costing Rs 1,23,200.
The allotment for Akiko Global Services Limited IPO is likely to get finalised on Monday, July 1.
Investors can check Akiko Global Services IPO allotment status on Skyline Financial Services Private Limited, the registrar for the issue.
Given below is the step-by-step guide to check allotment status on Skyline Financial Services.
Akiko Global Services (The Money Fair) IPO allotment status on Skyline Financial Services
Visit the official website of Skyline Financial Services here: https://www.skylinerta.com/ipo.php
Select "Akiko Global Services Limited" from the list of companies on the check applicant status page.
Enter the required information, which could be either the Application number, DPID/Client ID or PAN.
Click on the "Search" button.
The allotment status will be displayed on the screen.
Akiko Global Services IPO Listing Date
Shares of Akiko Global Services Limited are set to be listed on NSE's Emerge platform on Tuesday, July 2.
Akiko Global Services IPO Timeline
IPO Open Date: Tuesday, June 25
IPO Close Date: Thursday, June 27
Basis of Allotment: Friday, June 28
Initiation of Refunds: Monday, July 1
Credit of Shares to Demat: Monday, July 1
Listing Date: Tuesday, July 2
About Akiko Global Services Limited
Akiko Global Services Limited, founded in June 2018, partners with banks and financial companies in India to distribute and sell credit cards and loans. With six years of experience, the company helps these institutions reach more customers. They also run 'The Money Fair', a tech platform that uses data to assess creditworthiness and compare offers, making it easier for customers to get loans or credit cards. As of April 30, 2024, Akiko Global Services Limited employs 418 people, including directors and key managers.
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