31 Mar 2021
Assets2.35
Total Income6.11
Profit After Tax0.23
NET Worth0.45
Reserves and Surplus0.43
Total Borrowing0.50
At a glance
Updated 2026-09-13The shares listed at ₹98.00, a 27.27% move from the issue price. The Money Fair is a SME IPO with an issue size of ₹23.11 crore, proposed for listing on NSE SME. The offer opens on 25th Jun 2024 and closes on 27th Jun 2024. The issue structure includes a fresh issue of ₹21.95 crore. The current listing schedule points to 2nd Jul 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹23.11 Cr
Fresh issue₹21.95 Cr
Face value₹10
Price band₹73.00–₹77.00
Allotment1st Jul 2024
Listing2nd Jul 2024
Listing performance
Full performance ↗Issue price₹77.00
Listing price₹98.00
Current price—
Listing gain27.27%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹5.00
GMP / upper price6.49%
Est. listing₹82.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens25th Jun 2024
Closes27th Jun 2024
Allotment1st Jul 2024
Refund1st Jul 2024
Demat1st Jul 2024
Listing2nd Jul 2024
Subscription demand
Full bidding ↗Total36.45×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹123,200 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Implementation of ERP Solution and TeleCRM | ₹1.70 Cr |
| Mobile Application for financial product solution | ₹2.80 Cr |
| To meet working capital requirements | ₹11.39 Cr |
| Enhancing visibility and awareness of our brands, including but not limited to “Akiko Global” or “Moneyfair” | ₹2.00 Cr |
| General Corporate Purpose | ₹3.37 Cr |
| Issue Expenses | ₹1.86 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue26.10₹ Cr · -34.1% vs prior year
PAT3.21₹ Cr · -29.1% vs prior year
Assets17.95₹ Cr · +58.7% vs prior year
Net Worth14.03₹ Cr · +142.7% vs prior year
Borrowing1.22₹ Cr · +27.1% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets4.06
Total Income13.53
Profit After Tax0.78
NET Worth1.23
Reserves and Surplus1.21
Total Borrowing0.26
31 Mar 2023
Assets11.31
Total Income39.59
Profit After Tax4.53
NET Worth5.78
Reserves and Surplus5.74
Total Borrowing0.96
31 Jan 2024
Assets17.95
Total Income26.10
Profit After Tax3.21
NET Worth14.03
Reserves and Surplus6.27
Total Borrowing1.22
KPIs
| KPI | Jan 31, 2024 |
|---|---|
| ROE | 32.44% |
| ROCE | 29.23% |
| Debt / Equity | 0.09% |
| RoNW | 22.91% |
| PAT Margin | 12.41% |
| Price to Book Value | 3.75 |
Valuation & shareholding
Pre-IPO EPS5.83
Post-IPO EPS3.58
Pre-IPO P/E13.2
Post-IPO P/E21.5
Promoter holding pre92.77%
Promoter holding post66.91%
Market cap₹82.93 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Akiko Global Services IPO | — | 21.50 x | — | — |
| Finbud Financial IPO | — | 27.08 x | — | — |
| Sodhani Capital IPO | — | 18.55 x | — | — |
| Dar Credit IPO | — | 14.12 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Implementation of ERP Solution and TeleCRM | ₹1.70 Cr |
| Mobile Application for financial product solution | ₹2.80 Cr |
| To meet working capital requirements | ₹11.39 Cr |
| Enhancing visibility and awareness of our brands, including but not limited to “Akiko Global” or “Moneyfair” | ₹2.00 Cr |
| General Corporate Purpose | ₹3.37 Cr |
| Issue Expenses | ₹1.86 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- Novus Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
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