Akiko Global Services Limited is a channel partner for major banks and Non-Banking Financial Companies (NBFCs) in India, with six years of expertise and experience, working majorly in the distribution and sales of financial products such as credit cards and loans.
They are using a Customer Relationship Management (“CRM”) system in their day-to-day operations. All leads undergo injection and monitoring within their CRM, developed by the Company. Their CRM is developed with features to protect customer information from any threat.
As they continue to grow, they are committed to continually evaluating and improving their key activities to enhance customer satisfaction and optimize their business processes. By combining the expertise of their team members, the power of digital marketing, the effectiveness of their telemarketing approach, and their strong network of Feet-on-street, they strive to provide an exceptional and seamless experience for their customers.
Objects of the Issue:
- Implementation of ERP Solution and TeleCRM
- Mobile Application for financial product solution
- To meet working capital requirements
- Enhancing visibility and awareness of the brands, including but not limited to “Akiko Global” or “Moneyfair.
- General Corporate Purpose
- Issue Expenses
The Money Fair IPO Review
- May Apply
The Money Fair IPO (Akiko Global Services) Date & Price Band Details
| IPO Open: | June 25, 2024 |
| IPO Close: | June 27, 2024 |
| IPO Size: | Approx ₹23.11 Crores, 3,001,600 Equity Shares |
| Fresh Issue: | Approx ₹23.11 Crores, 3,001,600 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹73 to ₹77 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
The Money Fair IPO Market Lot
The The Money Fair IPO minimum market lot is 1600 shares with a ₹123,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹123,200 |
| Retail Maximum | 1 | 1600 | ₹123,200 |
| S-HNI Minimum | 2 | 3200 | ₹246,400 |
The Money Fair IPO (Akiko Global Services) Dates
The The Money Fair IPO date is June 2 and the IPO close date is June 6. The IPO allotment date is June 10 and the IPO might list on June 15.
| IPO Open Date: | June 25, 2024 |
| IPO Close Date: | June 27, 2024 |
| Basis of Allotment: | July 1, 2024 |
| Refunds: | July 1, 2024 |
| Credit to Demat Account: | July 1, 2024 |
| IPO Listing Date: | July 2, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
The Money Fair IPO Form
How to apply The Money Fair IPO? You can apply The Money Fair IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the The Money Fair IPO in the Invest section. The other option you can apply The Money Fair IPO via IPO forms download via the BSE website. Check out the The Money Fair forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
The Money Fair Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹6.11 | ₹5.68 | ₹0.23 |
| 2022 | ₹13.53 | ₹12.35 | ₹0.78 |
| 2023 | ₹39.59 | ₹33.27 | ₹4.53 |
| January 2024 | ₹26.10 | ₹21.50 | ₹3.21 |
The Money Fair IPO Valuation – FY2023
Check The Money Fair IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹12.62 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 78.36% |
| Net Asset Value (NAV): | ₹16.10 per Equity Share |
Peer Group
- NA
Company Promoters
- Mr. Gurjeet Singh Walia
- Ms. Richa Arora
- Mr. Ankur Gaba
- Mr. Puneet Mehta
- Ms. Priyanka Dutta
The Money Fair IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
The Money Fair IPO Allotment Status
Check The Money Fair IPO allotment status on Skylinerta website URL. Click Here
The Money Fair IPO Lead Managers aka Merchant Bankers
- Fast Track Finsec Pvt Ltd
Company Address
Akiko Global Services Limited
11th Floor, Off. No. 8/4-D, Vishwadeep Building
District Centre Janak Puri
West Delhi, New Delhi-110058
Phone: 011-4010 4241
Email: [email protected]
Website: http://www.themoneyfair.com/
