The Akme Fintrade IPO minimum market lot is 125 shares with ₹15,000 application amount. The Akme Fintrade IPO is a Mainline IPO, and it is to be listed on BSE & NSE.
Akme Fintrade aka Aasaan Loans is a non-banking finance company (“NBFC”) incorporated in the year 1996 and registered with the Reserve Bank of India as a Non-systemically important non-deposit-taking company with over two decades of lending experience in rural and semi-urban geographies in India. The company is primarily engaged in rural and semi-urban-centric lending solutions to look after the needs and aspirations of the rural and semi-urban populace.
IPOWatch View
We recommend investors June apply for an IPO with Caution (Avoid). Investors should also look at the QIB, NII, and Retail numbers before investing.
Akme Fintrade IPO (Aasaan Loans) Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.02 | 0.17 | 28.12 |
| NII | 5.17 | 22.28 | 129.74 |
| bNII | 4.33 | 18.04 | 121.56 |
| sNII | 6.84 | 30.67 | 146.09 |
| RII | 4.24 | 15.31 | 44.02 |
| Employees | 0.57 | 1.58 | 5.36 |
| Total | 3.04 | 11.72 | 54.17 |
Akme Fintrade IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Akme Fintrade (Aasaan Loans) IPO Review
- Avoid
Akme Fintrade IPO Form
How to apply for the Akme Fintrade IPO? You can apply for Akme Fintrade IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Akme Fintrade IPO in the Invest section. The other option is you can apply for Akme Fintrade IPO via IPO forms downloaded online. Check out the Akme Fintrade forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
