Akme fintrade IPO Allotment Status Online : Akme fintrade IPO is Open on June 19, 2024 and Close on June 21, 2024. Akme fintrade IPO to Raise 1,10,00,000 shares ( up to ₹132.00 ) via IPO. The Fresh Issue of 1,10,00,000 shares ( up to ₹132.00 ).
- The Retail Quota Is 35%
- QIB Is 50%
- HNI Is 15%.
Akme fintrade IPO Basis of Allotment Status on 24 June, 2024. Akme fintrade IPO Refund Date is 25 June 2024 and Akme fintrade IPO Credit to Demat on 25 June 2024.
Also Read: Akme fintrade IPO details IPO Date, Price, GMP, Review, Details
Akme fintrade IPO Allotment Link Online
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About –
Akme fintrade are a non-banking finance company (“NBFC”) incorporated in the year 1996 registered with the Reserve Bank of India as a Non-systemically important non-deposit taking company with over two decades of lending experience in rural and semi-urban geographies in India.We are primarily engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. Our portfolio includes Vehicle Finance and Business Finance Products to small business owners.
We have a long history of serving rural and semi-urban markets with high growth potential and have maintained a track record of financial performance and operational efficiency through consistently high rates of customer acquisition and retention and low cost expansion into underpenetrated areas. Therefore, we strategically focus on clients in the rural and semiurban sector.
Our IT team is actively engaged in developing the product for loan against property, commercial vehicle financing, and secured business loans, We have our footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat through registered office located at Udaipur, Rajasthan.
our Corporate Office located in 226 Mumbai, Maharashtra, 12 branches and over 25 points of presence including digital and physical branches having served over 2,00,000 customers.
Our Key Borrowers.
1. Individuals
2. Small business owners.
Our Products We operate two principal lines of business, namely.
1. Vehicle financing, comprising of Used Commercial Vehicle, 2 Wheeler Loans, Used 2 Wheeler Loans.
2. Business Finance to small business owners and SME/MSME business owners.