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December 27, 2023 - December 29, 2023

Akanksha Power and Infrastructure IPO FAQ

Akanksha Power and Infrastructure IPO Date & Price

The Akanksha Power and Infrastructure IPO opens on December 27, 2023 and closes on December 29, 2023.

Akanksha Power and Infrastructure IPO timetable / schedule is as below:
  • Bid/Offer Opens On: December 27, 2023
  • Bid/Offer Closes On: December 29, 2023
  • Finalization of Basis of Allotment: January 1, 2024
  • Initiation of refunds: January 2, 2024
  • Credit of Equity Shares: January 2, 2024
  • Listing Date: January 3, 2024

Akanksha Power and Infrastructure IPO price is set at ₹55 per equity share.

Akanksha Power and Infrastructure IPO will close for subscription at 5 PM on December 29, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Akanksha Power and Infrastructure IPO starts on December 27, 2023. The issue ends on December 29, 2023.

Akanksha Power and Infrastructure IPO Issue Size and Subscription Status

The Akanksha Power and Infrastructure IPO size is 4998000 Equity Shares of ₹10 aggregating up to ₹27.49 Cr.

Akanksha Power and Infrastructure Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Akanksha Power and Infrastructure IPO shares through the banks (using ASBA) or through the broker (using UPI).

Akanksha Power and Infrastructure IPO Offer Size

Qualified Institutional Buyers (QIB)948,000 Shares
Non-Institutional Investors (NII)712,000 Shares
Retail Individual Investor (RII)1,660,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size3,320,000 Shares

Akanksha Power and Infrastructure IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)38.51 times times
Non-Institutional Investors (NII)238.60 times times
Retail Individual Investor (RII)110.44 times times
Employee Reservations times
Other Reservations times
Total Issue Size117.39 times times

Click here to check the Akanksha Power and Infrastructure 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 Akanksha Power and Infrastructure 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 Akanksha Power and Infrastructure 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.

Akanksha Power and Infrastructure IPO Allotment and Listing

The Akanksha Power and Infrastructure IPO allot status will be available online on January 1, 2024. Check the Akanksha Power and Infrastructure IPO Allotment Status here.

Click here to check Akanksha Power and Infrastructure IPO Allotment Status.

Akanksha Power and Infrastructure IPO listing Date is January 3, 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 Akanksha Power and Infrastructure IPO listing date and time is published by the exchange in a circular.

Click here to view the Akanksha Power and Infrastructure IPO Basis of Allotment.

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

The Akanksha Power and Infrastructure IPO shares will list on January 3, 2024 at NSE SME.

Akanksha Power and Infrastructure 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 Akanksha Power and Infrastructure IPO which could help you with questions like Akanksha Power and Infrastructure IPO buy or not? You should also read Akanksha Power and Infrastructure 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.

Akanksha Power and Infrastructure 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 Akanksha Power and Infrastructure IPO performance. The performance reports are available 1 day after listing.