📷 Image Credits: IPO Watch
The much-awaited Akme Fintrade IPO Allotment Status is set to be finalized on June 24. Investors can expect the refund process to commence on June 25, with the shares being credited to their Demat accounts by the same day. The official listing of Akme Fintrade IPO is scheduled for June 26, providing shareholders with an exciting opportunity in the market.
During the subscription period, Akme Fintrade IPO witnessed overwhelming response with a subscription rate of 54.49 times. This strong interest was reflected across various investor categories, with QIB subscription at 28.12 times, NII at a staggering 129.98 times, and Retail at a notable 44.58 times. The IPO aims to raise approximately 132 Crores, with the price band fixed between ₹114 to ₹120 per equity share.
Investors can stay informed about their Akme Fintrade IPO allotment status through multiple channels. They have the option to check online on the Bigshare website or opt for offline methods using their bank account and Demat login. Additionally, the Akme Fintrade IPO Registrar is responsible for managing the allotment and refund processes, ensuring a seamless experience for investors.
Furthermore, the Akme Fintrade IPO basis of allotment is expected to be around 1:44 (Approx), reflecting the distribution strategy based on subscription levels. For any inquiries regarding allotment dates and times, investors are encouraged to reach out to the registrar for clarifications.
As the excitement builds towards the listing date of June 26, investors are advised to stay tuned for updates on IPO Watch. This platform offers insights into upcoming IPOs, reviews, and the latest market trends. To stay connected with the latest market developments, investors can follow IPO Watch on popular social media platforms such as Twitter, Facebook, and Instagram, ensuring they don’t miss out on valuable information.
In conclusion, the Akme Fintrade IPO presents a significant opportunity for investors to participate in a promising venture. With a strong response during the subscription phase and favorable market conditions, the IPO is poised to attract attention from various investor segments. Stay informed, stay connected, and embark on your investment journey with Akme Fintrade IPO.
