Akanksha Power IPO Date, Review, Price, Allotment Details

Akanksha Power and Infrastructure is engaged in the business of manufacturing electric equipment, including electrical panels, instrument transformers, and vacuum contactors, catering to consumers from institutions, industries, and electricity transmission and distribution utilities. The Company has two (2) manufacturing plants, to manufacture the products with emphasis on quality and performance.

The Company is an ISO 9001:2015 certified organization engaged in the business of Design, Manufacturing and Supply of CT-PT, Metering Units and Cubical, Automatic power correction panel (Capacitor Panel), fixed capacitor banks, Motor Control Centre (MCC), Power Control Centre (PCC), Variable Frequency Drive (VFD) Panels, Thyristor switches and Vacuum contactors, Energy Management System and Smart Energy Meters (Advanced Metering Infrastructure), in addition to engineering and execution of electrical turnkey projects.

In addition to production and manufacturing, they are also providing services related to the distribution and management of electricity our operation includes the establishment of electrical infrastructure which involves power quality audit, site analysis, online cloud-based multiple monitoring, and data analysis for better management to reduce losses in Transmission, Distribution and User level. They are also engaged in managing electrical distribution networks for the distribution companies (DISCOMs).

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 Review

• May Apply

Akanksha Power IPO Date & Price Band Details

Akanksha Power IPO Market Lot

The Akanksha Power and Infrastructure IPO minimum market lot is 2000 shares with a ₹110,000 application amount.

Akanksha Power IPO Dates

The Akanksha Power and Infrastructure IPO date is December 27 and the IPO close date is December 29. The IPO allotment date is January 1 and the IPO might list on January 3.

You can check IPO subscription status and IPO allotment status on their respective pages.

Akanksha Power IPO Form

How to apply Akanksha Power and Infrastructure IPO? You can apply Akanksha Power and Infrastructure IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Akanksha Power and Infrastructure IPO in the Invest section. The other option you can apply Akanksha Power and Infrastructure IPO via IPO forms download via the NSE website. Check out the Akanksha Power and Infrastructure forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Akanksha Power Company Financial Report

Akanksha Power IPO Valuation – FY2023

Check Akanksha Power and Infrastructure IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• HPL Electric & Power Limited
• Genus Power Infrastructure Limited
• Cospower Engineering Limited

Company Promoters

• Mr. Bipin Bihari Das Mohapatra
• Ms. Chaitali Bipin Dasmohapatra

Akanksha Power IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Akanksha Power IPO Allotment Status

Check Akanksha Power and Infrastructure IPO allotment status on Link Intime website URL. Click Here

Akanksha Power IPO Lead Managers aka Merchant Bankers

• Narnolia Financial Services Ltd

Company Address

Akanksha Power and Infrastructure Limited
Plot No. 87/4
MIDC, Satpur,
Nashik- 422007,
Phone: +91 9370345000
Email: [email protected]
Website: https://www.apil.co.in/

Akanksha Power and Infrastructure IPO FAQs