Akiko Global Services IPO GMP, Review, Price, Allotment

Last updated on June 26, 2024

Akiko Global Services IPO description – Akiko Global Services, a channel partner for major banks and Non-Banking Financial Companies (NBFCs) in India, brings six years of expertise to the distribution and sales of financial products like credit cards and loans.

Akiko Global Services specializes in assisting banks and financial institutions in India with the sale of credit cards and personal loans. Their technology platform, The Money Fair, uses advanced algorithms to gather and analyze data for assessing creditworthiness. This platform offers insights for easy comparison of financial offers and aims to enhance customers’ chances of securing loans or credit cards.

As of 30 April 2024, the company employs 418 permanent staff members, including directors and key managerial personnel.

Promoters of Akiko Global Services – Mr. Ankur Gaba, Ms. Richa Gaba, Mr. Puneet Mehta, Mr. Gurjeet Singh Walia, and Ms. Priyanka Dutta

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Akiko Global Services IPO Details

Akiko Global Services IPO Dates	25 – 27 June 2024
The Money Fair IPO Price	INR 73 – 77 per share
Fresh issue	30,01,600 shares (INR 21.91 – 23.11 crore)
Offer For Sale	NIL
Total IPO size	30,01,600 shares (INR 21.91 – 23.11 crore)
Minimum bid (lot size)	1,600 shares (INR 1,23,200)
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	NSE Emerge

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Akiko Global Services Financial Performance

	FY 2021	FY 2022	FY 2023	11M FY 2024
Revenue	6.11	13.52	39.58	25.90
Expenses	5.68	12.35	33.27	21.50
Net income	0.23	0.78	4.53	3.21

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Akiko Global Services Offer News

• Akiko Global Services RHP
• Akiko Global Services Draft Prospectus
• ASBA IPO Forms
• Live IPO Subscription Status
• Highest SME IPO Subscription in 2024

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Akiko Global Services Valuations & Margins

	FY 2021	FY 2022	FY 2023
EPS	0.84	2.86	12.62
PE ratio	–	–	5.78 – 6.10
RONW (%)	50.74	63.22	78.36
NAV	1.67	4.53	16.10
EBITDA (%)	6.95	8.74	15.97
ROCE (%)	21.79	63.39	109.99
Debt/Equity	1.10	0.21	0.17

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Akiko Global Services IPO GMP Today

Date	Consolidated IPO GMP	Kostak	Subject to Sauda
26 June 2024	15	–	20,000
25 June 2024	18	–	21,500
24 June 2024	18	–	21,500
22 June 2024	18	–	21,000
21 June 2024	18	–	21,000
20 June 2024	18	–	20,000
19 June 2024	16	–	–
18 June 2024	18	–	–

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Akiko Global Services IPO Subscription – Live Updates

The market maker reservation portion of 1,50,400 shares and anchor allocation portion of 8,54,400 shares are not included in the above calculations.

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The Money Fair IPO Allotment Status

The Money Fair IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.

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Akiko Global Services IPO Dates & Listing Performance

IPO Opening Date	25 June 2024
IPO Closing Date	27 June 2024
Finalization of Basis of Allotment	1 July 2024
Initiation of refunds	1 July 2024
Transfer of shares to demat accounts	1 July 2024
The Money Fair IPO Listing Date	2 July 2024
Opening Price on NSE SME	Coming soon
Closing Price on NSE SME	Coming soon

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Akiko Global Services Offer Lead Manager

FAST TRACK FINSEC PRIVATE LIMITED
B-502, Statesman House,
148, Barakhambha Road, New Delhi – 110 001
Phone: +91 11 43029809
Email: [email protected]
Website: www.ftfinsec.com

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Akiko Global Services Offer Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020, India
Phone: +91-11-26812683
Email: [email protected]
Website: www.skylinerta.com

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The Money Fair IPO Contact Details

AKIKO GLOBAL SERVICES LIMITED
11th Floor, Off No. 8/4-D, Vishwadeep Building,
District Centre Janakpuri, West Delhi New Delhi – 110058
Phone: 011 4010 4241
E-mail: [email protected]
Website: www.themoneyfair.com

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The Money Fair IPO FAQs