The Money Fair IPO Date, Review, Price, Allotment Details

The Money Fair IPO Details: The Money Fair IPO date is fixed, The IPO will open on June 25 and will close on June 27. The Money Fair is a NSE SME IPO to raise ₹23.11 crores via IPO. Akiko Global Services IPO price band is fixed at ₹73 to ₹77 with a market lot of 1600 shares.

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Table of Contents


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.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹123,200
Retail Maximum11600₹123,200
S-HNI Minimum23200₹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
YearRevenueExpensePAT
2021₹6.11₹5.68₹0.23
2022₹13.53₹12.35₹0.78
2023₹39.59₹33.274.53
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/

The Money Fair IPO (Akiko Global Services) FAQs


What is The Money Fair IPO?

The Money Fair IPO is an NSE SME IPO. They are going to raise ₹23.11 Crores via IPO. The issue is priced at ₹73 to ₹77 per equity share. The IPO is to be listed on NSE.

When The Money Fair IPO will open?

The IPO is to open on June 25, 2024 for QIB, NII, and Retail Investors.

What is The Money Fair IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the The Money Fair IPO?

You can apply The Money Fair IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the The Money Fair IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “The Money Fair”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the The Money Fair IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “The Money Fair”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the The Money Fair IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “The Money Fair”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is The Money Fair IPO Size?

The Money Fair IPO size is ₹23.11 crores.

What is The Money Fair IPO Price Band?

The Money Fair IPO Price Band is ₹73 to ₹77 per equity share.

What is The Money Fair IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹123,200.

What is The Money Fair IPO Allotment Date?

The Money Fair IPO allotment date is July 1, 2024.

What is The Money Fair IPO Listing Date?

The Money Fair IPO listing date is July 2, 2024. The IPO to list on NSE SME.

Note: The The Money Fair IPO details are announced officially. The IPO grey market premium (The Money Fair IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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