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Home / IPO / Akanksha Power and Infrastructure
LISTEDSME

Akanksha Power and Infrastructure IPO

Open 27th Dec 2023 · Close 29th Dec 2023 · Listing 3rd Jan 2024

Verified 2026-09-1594% data coverage
Issue Price₹55.00
Listing Price₹62.00
Current Price—
Listing Gain12.73%
Current Return—

At a glance

Updated 2026-09-15

The shares listed at ₹62.00, a 12.73% move from the issue price. Akanksha Power and Infrastructure is a SME IPO with an issue size of ₹27.49 crore, proposed for listing on NSE SME. The offer opens on 27th Dec 2023 and closes on 29th Dec 2023. The issue structure includes a fresh issue of ₹26.06 crore. The current listing schedule points to 3rd Jan 2024.

Issue details

Listing atNSE SME
Issue typeBook Build Issue
Issue size₹27.49 Cr
Fresh issue₹26.06 Cr
Face value₹10
Price band₹52.00–₹55.00
Allotment1st Jan 2024
Listing3rd Jan 2024

Listing performance

Full performance ↗
Issue price₹55.00
Listing price₹62.00
Current price—
Listing gain12.73%
Current return—
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹10.00
GMP / upper price18.18%
Est. listing₹65.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens27th Dec 2023
Closes29th Dec 2023
Allotment1st Jan 2024
Refund2nd Jan 2024
Demat2nd Jan 2024
Listing3rd Jan 2024

Subscription demand

Full bidding ↗
Total117.39×

Lot size

InvestorLotsSharesAmount
Minimum Bid12000₹110,000

Company

Use of proceeds

ObjectAmount
Capital Expenditure₹5.00 Cr
Working Capital Requirement₹15.00 Cr
General Corporate Purposes₹2.47 Cr
Issue Expenses₹5.02 Cr
Total₹27.49 Cr

Financial performance

Year-wise operating scale, profitability and balance-sheet context.
Full financials ↗
Revenue10.27₹ Cr · -77.9% vs prior year
PAT0.71₹ Cr · -75.6% vs prior year
Assets55.31₹ Cr · +16.1% vs prior year
Net Worth20.75₹ Cr · +30.0% vs prior year
Borrowing17.23₹ Cr · +12.8% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore
Year comparisonCompare scale and profitability at a glance
₹ crore

31 Mar 2021

Assets37.81
Total Income74.41
Profit After Tax3.92
NET Worth10.65
Reserves and Surplus8.83
Total Borrowing8.91

31 Mar 2022

Assets38.39
Total Income52.07
Profit After Tax2.41
NET Worth13.05
Reserves and Surplus11.24
Total Borrowing10.55

31 Mar 2023

Assets47.63
Total Income46.44
Profit After Tax2.91
NET Worth15.96
Reserves and Surplus14.14
Total Borrowing15.28

30 Jun 2023

Assets55.31
Total Income10.27
Profit After Tax0.71
NET Worth20.75
Reserves and Surplus7.23
Total Borrowing17.23

KPIs

KPI
ROE
ROCE
Debt / Equity
RoNW
PAT Margin

Valuation & shareholding

Pre-IPO EPS2.29
Pre-IPO P/E24.02
Post-IPO P/E35.72
Promoter holding pre83.28%
Promoter holding post60.81%
Market cap₹101.85 Cr.

Peer comparison

CompanyEPSP/ERoNWNAV
Akanksha Power and Infrastructure IPO—35.72 x——
Advance Technoforge IPO—21.16 x——
Classic Electrodes IPO—14.97 x——
Supertech EV IPO—23.44 x——

Issue expenses

ExpenseAmount
Capital Expenditure₹5.00 Cr
Working Capital Requirement₹15.00 Cr
General Corporate Purposes₹2.47 Cr
Issue Expenses₹5.02 Cr
Total₹27.49 Cr

Registrar & lead managers

Registrar

MUFG Intime India Pvt.Ltd.

Lead managers

  • Narnolia Financial Services Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-15.
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