Akme Fintrade (India) Ltd. News and Updates

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Item: Akme Fintrade (India) Ltd.
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Akme Fintrade (India) Ltd.

04 Oct 2024

7.55

5.30%

Akme Fintrade expands with two new branches in Rajasthan, stocks trade flat

Business Line

Offices were opened at Bhilwara and Chittorgarh

Akme Fintrade (India) Ltd. is trading above its 50 day SMA of 7.4

Akme Fintrade (India) Ltd.

27 Sep 2024

7.55

5.30%

Akme Fintrade inks pact with MAS Financial for MSME co-lending; stock up 3%

Business Standard

The rise in Akme Fintrade share price came after the company said that it has partnered with MAS Financial Services for co-lending in the MSME sector.

Akme Fintrade (India) Ltd. is trading below its 30 day SMA of 7.6

Akme Fintrade (India) Ltd.

21 Jun 2024, 06:56PM

7.55

5.30%

Akme Fintrade IPO gets nearly 54 times subscription on last day of bidding

Business Standard

The initial public offer of non-banking finance company Akme Fintrade (India) Ltd received 53.97 times subscription on the closing day of bidding on Friday. The Rs 132 crore initial share sale got bids for 42,44,43,250 shares against 78,65,000 shares on offer, as per NSE data. The portion for non-institutional investors garnered 129.53 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 43.67 times. The Qualified Institutional Buyers (QIBs) part received 28.12 times subscription. The Initial Public Offer (IPO) of Akme Fintrade received 3 times subscription on the first day of bidding on Wednesday. The IPO has a fresh issue of up to 1.1 crore equity shares. The price range for the offer is Rs 114-120 per share. Akme Fintrade (India) Ltd on Tuesday said it has raised nearly Rs 38 crore from anchor investors. Akme Fintrade is primarily engaged in providing rural and semi-urban-centric lending solutions to customers in four states -- Rajasthan

Akme Fintrade (India) Ltd.'s price crossed above 50Day SMA today

Akme Fintrade (India) Ltd.

20 Jun 2024

7.55

5.30%

Akme Fintrade IPO gets 11.61 times subscription on 2nd day of offer

Business Standard

The initial public offer of non-banking finance company Akme Fintrade (India) Ltd received 11.61 times subscription on the second day of bidding on Thursday. The Rs 132 crore initial share sale received bids for 9,13,08,500 shares against 78,65,000 shares on offer, according to NSE data. The quota for non-institutional investors got subscribed 22.21 times while the category for Retail Individual Investors (RIIs) fetched 15.11 times subscription. The Qualified Institutional Buyers (QIBs) portion received 17 per cent subscription. The Initial Public Offer (IPO) of Akme Fintrade received 3 times subscription on the first day of bidding on Wednesday. The IPO has a fresh issue of up to 1.1 crore equity shares. The price range for the offer is Rs 114-120 per share. Akme Fintrade (India) Ltd on Tuesday said it has raised nearly Rs 38 crore from anchor investors. Akme Fintrade is primarily engaged in providing rural and semi-urban-centric lending solutions to customers in four states --

Akme Fintrade (India) Ltd. is trading above its 50 day SMA of 7.4

Akme Fintrade (India) Ltd.

19 Jun 2024

7.55

5.30%

Akme Fintrade's Rs 132 crore IPO subscribed 3 times on Day 1 of offer

Business Standard

The initial share sale of non-banking finance company Akme Fintrade (India) Ltd received 3 times subscription on the first day of bidding on Wednesday. The Rs 132 crore initial public offer received bids for 2,36,47,500 shares against 78,65,000 shares on offer, according to NSE data. The quota for non-institutional investors fetched 5.15 times subscription while the Retail Individual Investors (RIIs) part got subscribed 4.16 times. The category for Qualified Institutional Buyers (QIBs) received 2 per cent subscription. The Initial Public Offer (IPO) has a fresh issue of up to 1.1 crore equity shares. Price range for the offer is Rs 114-120 per share. Akme Fintrade (India) Ltd on Tuesday said it has raised nearly Rs 38 crore from anchor investors. Akme Fintrade is primarily engaged in providing rural and semi-urban-centric lending solutions to customers in four states -- Rajasthan, Maharashtra, Madhya Pradesh and Gujarat. The company's portfolio includes vehicle finance and busine