The The Money Fair IPO minimum market lot is 1600 shares with ₹123,200 application amount. The The Money Fair IPO is a Mainline IPO, and it is to be listed on BSE and NSE.
The Money Fair is one of the leading Heating Equipment companies in India in terms of new order booking between Fiscal 2021 to Fiscal 2023 and has capabilities in thermal designing, engineering, manufacturing, supplying, installing, and commissioning process-fired heaters, reformers, and cracking furnaces. (Source: F&S Report) They are one of the well-recognized process-fired heater companies in India, having a market share of approximately 27% in the Indian Heating Equipment market, in terms of new order booking in Fiscal 2023.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Money Fair IPO (Akiko Global) Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.01 | 10.21 |
| NII | 1.01 | 2.31 | 48.05 |
| RII | 2.53 | 6.56 | 45.57 |
| Total | 1.42 | 3.63 | 34.96 |
The Money Fair 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
The Money Fair IPO (Akiko Global) Review
- Avoid
The Money Fair IPO Form
How to apply for the The Money Fair IPO? You can apply for 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 is you can apply for The Money Fair IPO via IPO forms downloaded online. Check out the The Money Fair forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
