Akanksha Power and Infrastructure Limited
Book Built Issue IPO · NSE
- Price band
- ₹52 - ₹55
- Lot size
- 2,000 shares
- Issue amount
- ₹27.49 cr
- Total subscription
- 117.53×
- Opens
- 27 Dec 2023
- Closes
- 29 Dec 2023
- Allotment
- 2 Jan 2024
- Listing
- 3 Jan 2024
Offer at a glance
Issue overview
- Issue size
- 49,98,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,04,000
- Fresh issue
- ₹27.49 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Ltd
- Listing exchange
- NSE
- Maximum investment
- ₹1,10,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,12,60,200
- Shares after issue
- 1,62,58,200
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,10,000 |
| HNI | 2 | 4,000 | ₹2,20,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.22 | 200.77 |
| RETAIL | 9.12 | 1,008.24 |
| NIB | 3.9 | 935.77 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 2.29 |
| ROE | 18.2 |
| ROCE | 22.75 |
| RONW | 18.2 |
| PRE IPO(PE) | 24.02 |
| POST IPO(PE) | 35.72 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in July 2008, Akanksha Power and Infrastructure Limited manufactures electrical equipment like switchboards, transformers, capacitor panels, VFD panels, MCC/PCC panels, CT-PT units, vacuum contactors and smart metering solutions for industries, utilities and large institutions. The company also provides turnkey electrical project services along with energy management systems that support cloud monitoring, data analytics, power quality testing and loss reduction across transmission and distribution networks. Its major clients include large corporates and public sector companies such as Indian Oil, HAL, Coal India, SAIL, Hindalco, Tata Power Group, NALCO, ABB India and Adani Group. The company is ISO 9001:2015 certified, operates two manufacturing units in Nashik, Maharashtra, and as of June 30, 2023 had 62 permanent and 387 contract workers, with Odisha alone contributing over 34% of its revenue.
Promoters
Mr. Bipin Bihari Das Mohapatra
Ms. Chaitali Bipin Dasmohapatra
Registrar & documents
Lead manager
Narnolia Financial Services Limited
Registrar & contacts
Link Intime India Private Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 87/4 MIDC, Satpur, Nashik- 422007,
+91 9370345000
[email protected]Company website ↗Understanding AKANKSHA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.