Akanksha Power IPO GMP, Review, Price, Allotment

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Last updated on October 11, 2023

Akanksha Power IPO GMP

Akanksha Power IPO description – Incorporated in 2008, Akanksha Power and Infrastructure provides sustainable and reliable power solutions. The company is engaged in the business of manufacturing electric equipment, including electrical panels, instrument transformers, and vacuum contactors, catering to institutions, industries, and electricity transmission and distribution utilities. The company has two manufacturing plants in Nashik, Maharashtra.

From 2008 to 2010, the company was engaged in the trading of capacitors, which were procured from EPCOS India Private Limited, currently known as TDK Electronics. The major commercial operation of the company started in the year 2010, as an input-based rural power distribution franchise (DF) in Khaira Electrical Subdivision, Balasore, Odisha. In the year 2013, the company established its manufacturing facilities and started production of APFC Panels to provide Power Quality Solutions.

Besides, Akanksha Power and Infrastructure entered into a new sector of business, i.e., turnkey construction of High Tension (HT) and Low Tension (LT) electrical infrastructure including 33/11 KV Substations, Distribution Substations, etc. In the year 2016, the company added new products like Current Transformer (CT), Potential Transformer (PT), and Residual Voltage Transformer (RVT), used to measure current and voltage in electrical systems. In 2018, the company got the green field LED street light projects on a turnkey basis in 12 districts of Odisha.

In the year 2019, the company launched another new product Vacuum Contactors which are used in heavy-duty applications and are designed to operate reliably even in harsh environments.

Akanksha Power and Infrastructure IPO

Promoters of Akanksha Power and InfrastructureMr. Bipin Bihari Das Mohapatra, and Ms. Chaitali Bipin Dasmohapatra


Akanksha Power IPO Details

Akanksha Power IPO Dates29 Sep – 4 Oct 2023
Akanksha Power IPO PriceINR 40 – 45 per share
Fresh issue49,95,000 shares (INR 19.98 – 22.48 crore)
Offer For SaleNIL
Total IPO size49,95,000 shares (INR 19.98 – 22.48 crore)
Minimum bid (lot size)3,000 shares (INR 135,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE SME

Akanksha Power and Infrastructure Financial Performance

 FY 2021FY 2022FY 2023
Revenue74.2751.8446.09
Expenses68.9148.6242.40
Net income3.922.412.91
Figures in INR Crores unless specified otherwise

Akanksha Power Offer News


Akanksha Power and Infrastructure Valuations & Margins

FY 2021FY 2022FY 2023
EPS3.901.902.29
PE ratio17.47 – 19.65
RONW (%)36.8418.4618.20
NAV58.6571.9287.93
ROCE (%)40.0721.7422.75
EBITDA (%)9.229.2711.33
Debt/Equity 0.840.810.96
*Compiled by IPO Central from Prospectus

Akanksha Power IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
Coming soon

Akanksha Power IPO Subscription – Live Updates

Coming soon


Akanksha Power IPO Allotment Status

Akanksha Power IPO allotment status will be available on Link Intime’s website. Click on this link to get allotment status.


Akanksha Power IPO Dates & Listing Performance

IPO Opening Date29 September 2023
IPO Closing Date4 October 2023
Finalization of Basis of Allotment9 October 2023
Initiation of refunds10 October 2023
Transfer of shares to demat accounts11 October 2023
IPO Listing Date12 October 2023
Opening Price on NSE SMEComing soon
Closing Price on NSE SMEComing soon

Akanksha Power Offer Lead Manager

NARNOLIA FINANCIAL SERVICES LIMITED
201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743
Email[email protected]
Website: www.narnolia.com


Akanksha Power Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai – 400083, Maharashtra
Phone: +91 8108114949
E-mail: [email protected]
Website: www.linkintime.co.in


Akanksha Power Contact Details

AKANKSHA POWER AND INFRASTRUCTURE LIMITED
Plot No. 87/4, MIDC, Satpur,
Nashik- 422007, Maharashtra, India
Phone: +91 9370345000
E-mail: [email protected]
Website: www.apil.co.in


IPO FAQs

What is Akanksha Power offer size?

Akanksha Power offer size is INR 19.98 – 22.48 crores.

What is the Akanksha Power offer price band?

Akanksha Power public offer price is INR 40 – 45 per share.

What is the lot size of Akanksha Power public offer?

Akanksha Power offer lot size is 3,000 shares.

What is Akanksha Power IPO GMP today?

Akanksha Power IPO GMP today is INR NA per share.

What is the Akanksha Power kostak rate today?

Akanksha Power kostak rate today is INR NA per application.

What is Akanksha Power Subject to Sauda rate today?

Akanksha Power Subject to Sauda rate today is INR NA per application.

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