AKG Exim Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 844,000 (47%) | — | ₹262 Cr |
| Retail | — | 844,000 (47%) | — | ₹262 Cr |
| Market Maker | — | 92,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 1,780,000 (100%) | — | ₹5,518 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹124,000 |
| Retail (Max) | 13 | 52,000 | ₹1,612,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,736,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,308,000 |
Financial Statements Amount in Lakhs
| Metric | 30-Nov-17 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 8,198 | 10,555 | 9,859 |
| Profit After Tax | 63 | 49 | 41 |
| Total Assets | 5,999 | 6,058 | 5,650 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To part finance working capital requirements of the Company – 3.94
- 2 To meet General corporate purposes – 0.90
Company Overview
Incorporated in 2005, Delhi based Akg Exim Limited is a company engaged in the business of merchant trading of products and commodities. It is a global merchandiser and distributor of a range of products including Non-Basmati Rice, Spices, Dry Fruits, Metal Scrap, Iron Scrap and Aluminium scrap etc.
AKG exports Metal Scrap from USA & West African Countries and sells it in Far East Countries & in Domestic
markets. The Non-Basmati Rice is purchased from the domestic Market and exported to African Countries.
The company's revenues from operations increased from Rs. 7,468.05 Lacs in 2014-2015 to Rs. 9859.04 Lacs in 2015-16 and further to Rs. 10489 Lacs in F.Y. 2016-17, at the rate of 32.01% and 6.40%.
The Net Profit after tax grew from Rs. 40.71 Lacs in 2014-15 to Rs 48.86 Lacs in 2016-17, at the rate of 18.71%.
The company has 18 employees on its payroll.