AKG Exim IPO

AKG Exim IPOBusiness description - AKG Exim is a diversified & leading merchant trading company in vast range of products & commodities. The company is a global merchandiser, distributor of variety of products including Non Basmati Rice, Metal Scrap, Aluminium scrap, Iron Scrap, Spices and Dry Fruits, etc. The company connects the seller and the markets, while ensuring lasting prosperity and sustainable supply at both ends. The company is catering to a large number of customers around the globe with concentration on Indian and overseas subcontinent.

Metal Scrap etc. is being imported from USA & West African Countries and sold in Far East Countries & in Domestic markets; and Non Basmati Rice is being purchased in the domestic Market and Exported in markets of African Countries. For export business of Non Basmati, AKG Exim has established relationships with the processors of foodgrains, and supplies the same to processors, wholesalers, food companies, etc. and ensures for them regular and assured supplies to match their requirements.

Promoters of AKG Exim – Mr Rajeev Goel
AKG Exim IPO details
Subscription Dates 10 - 14 September 2018
IPO Price band INR31 per share
Fresh issue 1,780,000 shares (INR5.52 crore)
Offer for sale Nil
Total IPO size 1,780,000 shares (INR5.52 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE SME platform
Use of funds
  • Working Capital Requirement - INR3.94 crore
  • General Corporate Purpose - INR0.90 crore
  • Issue Expenses - INR0.68 crore
AKG Exim's financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 8M FY2018
Total revenue 108.26 70.45 74.82 98.59 105.55 81.98
Total expenses 105.97 68.55 72.95 96.14 103.10 81.34
Profit after tax 0.69 0.54 0.41 0.41 0.49 0.63
AKG Exim's  Contact Details

AKG Exim Limited
408-411, Pearls Corporate, Sector - 3
Rohini, Behind Kali Mata Temple
Delhi 110085

Phone: +91 11 40015500
Email: info@akg-global.com
Website: www.akg-global.com

AKG Exim IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.00
Day 2 0.21
Day 3 0.44
Day 4 1.12

 

AKG Exim Valuation (For latest FY)

Earnings Per Share (EPS): INR2.04

Price/Earnings (P/E) ratio: 15.20

Return on Net Worth (RONW): 4.40%

Net Asset Value (NAV): INR46.36 per share

Registrar of AKG Exim IPO

MAS Services Limited
T-34, 2nd Floor
Okhla Industrial Area, Phase - II
New Delhi - 110020

Phone: +91 11 2638 7281
Fax: +91 11 2638 7384
Email: info@masserv.com
Website: http://www.masserv.com

AKG Exim IPO Allotment Status

AKG Exim IPO allotment status is now available on MAS Services' website. Click on this link to get allotment status.

Listing performance of AKG Exim

IPO Opening Date: 10 September 2018

IPO Closing Date: 14 September 2018

Listing Date: 25 September 2018

Listing Price on NSE SME: INR32.25 per share (up 4.03% from IPO price)

Closing Price on NSE SME: To be updated

AKG Exim IPO
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