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June 19, 2024 - June 21, 2024

Aasaan Loans IPO FAQ

Aasaan Loans IPO Date & Price

The Aasaan Loans IPO opens on June 19, 2024 and closes on June 21, 2024.

Aasaan Loans IPO timetable / schedule is as below:
  • Bid/Offer Opens On: June 19, 2024
  • Bid/Offer Closes On: June 21, 2024
  • Finalization of Basis of Allotment: June 24, 2024
  • Initiation of refunds: June 25, 2024
  • Credit of Equity Shares: June 25, 2024
  • Listing Date: June 26, 2024

Aasaan Loans IPO price is set at ₹120 per equity share.

Aasaan Loans IPO will close for subscription at 5 PM on June 21, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Aasaan Loans IPO starts on June 19, 2024. The issue ends on June 21, 2024.

Aasaan Loans IPO Issue Size and Subscription Status

The Aasaan Loans IPO size is 11000000 Equity Shares of ₹10 aggregating up to ₹132.00 Cr.

Akme Fintrade India Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Aasaan Loans IPO shares through the banks (using ASBA) or through the broker (using UPI).

Aasaan Loans IPO Offer Size

Qualified Institutional Buyers (QIB)2,090,000 Shares
Non-Institutional Investors (NII)1,567,500 Shares
Retail Individual Investor (RII)3,657,500 Shares
Employee Reservations550,000 Shares
Other Reservations0 Shares
Total Issue Size7,865,000 Shares

Aasaan Loans IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)28.12 times times
Non-Institutional Investors (NII)129.98 times times
Retail Individual Investor (RII)44.58 times times
Employee Reservations5.42 times times
Other Reservations times
Total Issue Size54.49 times times

Click here to check the Aasaan Loans IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Aasaan Loans IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Aasaan Loans IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Aasaan Loans IPO Allotment and Listing

The Aasaan Loans IPO allot status will be available online on June 24, 2024. Check the Aasaan Loans IPO Allotment Status here.

Click here to check Aasaan Loans IPO Allotment Status.

Aasaan Loans IPO listing Date is June 26, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Aasaan Loans IPO listing date and time is published by the exchange in a circular.

Click here to view the Aasaan Loans IPO Basis of Allotment.

It is hard to say at what price Aasaan Loans IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Aasaan Loans IPO shares will list on June 26, 2024 at BSE, NSE.

Aasaan Loans IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Aasaan Loans IPO which could help you with questions like Aasaan Loans IPO buy or not? You should also read Aasaan Loans IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Aasaan Loans IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Aasaan Loans IPO performance. The performance reports are available 1 day after listing.