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AFIL IPO

Akme Fintrade (India) Limited
Start Date19-06-2024
Application Timing10am-5pm
Price Range₹114 - ₹120
Min Qty125
Min. Investment₹14250
Listing DateNA
Close Date21-06-2024

About Akme Fintrade (India) Limited

Akme Fintrade India Limited is a non-banking finance company incorporated in the year 1996 registered with the RBI as a Non-systemically important non-deposit taking company. It has over two decades of lending experience in rural and semi-urban geographies in India. Akme Fintrade is primarily engaged in rural and semi-urban centric lending solutions for rural and semi-urban populace. Their portfolio includes Vehicle Finance and Business Finance Products to small business owners.

Why To Invest in Akme Fintrade (India) Limited

The company proposes to utilize the Net Proceeds from the Issue towards augmenting the capital base of the company to fulfil its future capital requirements, which are anticipated to arise as a result of the expansion of the business and assets. 

Financial Table
Year20212022202331 Dec 2023
Revenue (Rs.Cr)86.7967.569.5753.45
Profit After Tax (Rs. Cr)16.314.1215.812.25
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