AKI India Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,330,000 (48%) | — | ₹146 Cr |
| Retail | — | 1,330,000 (48%) | — | ₹146 Cr |
| Market Maker | — | 140,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 2,800,000 (100%) | — | ₹3,080 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 | 10,000 | ₹110,000 |
| Retail (Max) | 13 | 130,000 | ₹1,430,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,540,000 |
| B-HNI (Min) | 67 | 670,000 | ₹7,370,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 4,536 | 4,270 | 4,067 |
| Profit After Tax | 102 | 15 | 14 |
| Total Assets | 3,576 | 3,993 | 3,910 |
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 Meet working capital requirement – 2.50
- 2 Public issue expenses – 0.30
- 3 General corporate purpose – 0.28
Company Overview
Incorporated in 1994, Kanpur based AKI India Limited is a company engaged in the business of manufacturing and export of leather and leather goods. The company manufactures saddlery products, footwear as well as leather.
The company operates through two business verticals, retail, and distribution. The retail business operates through exclusive stores while the distribution vertical operates through multi-brand outlets.
The total revenue (consolidated) of the company increased from Rs 1821.75 lakhs in 2014 to Rs 4912 lakhs in 2018, at a CAGR of 21.94 %.
The EBITDA grew from Rs 306.19 lakhs in 2016 to Rs 400.02 lakhs in Fiscal 2018, at a CAGR of 15.32%.
The company employs 16 full time and 27 contracted labors.