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News Details

19/06/2024 12:10

Akiko Global Service announces launch of initial public offering

Akiko Global Services Ltd. has announced public offering of 3001600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 67.00 per share. The gross proceeds of the issue are expected to be Rs 2,311.23 lakhs.

The company's initial public offer (IPO) will open on 25 June 2024 and is expected to close on 27 June 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 73.00-77.00 per share.

The IPO includes a fresh Issue of 3001600 Equity Shares of the Company at an price of Rs 77.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Akiko Global Services Ltd. anticipates using the proceeds of the issue for .

Fast Track Finsec Pvt. Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.