Get everything you need to know about the Aasaan Loans - Akme Fintrade (India) IPO. Explore Aasaan Loans - Akme Fintrade (India) IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Akme Fintrade (India) Limited, branded as Aasaan Loans, established in 1996, is a non-banking finance company (NBFC) registered with the Reserve Bank of India. It operates as a non-systemically important non-deposit taking company, with a focus on lending in rural and semi-urban areas. With over two decades of experience, Akme Fintrade offers vehicle finance and business finance products to small business owners, aiming to meet the financial needs and aspirations of the rural and semi-urban populace. The company has maintained strong financial performance and operational efficiency through high customer acquisition and retention rates and low-cost expansion into underpenetrated areas.
Key Points:
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Fields | Details |
---|---|
IPO Dates | 19 Jun - 21 Jun 2024 |
IPO Price Band | ₹ 114 - 120 per share |
Fresh Issue | Upto 1,10,00,000 Shares |
Offer For Sale | NIL |
Total IPO Size | Approx ₹ 132.0 crore |
Face Value | ₹ 10 |
Listing On | BSE, NSE |
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
Event | Date |
---|---|
IPO Opening Date | 19 Jun 2024 |
IPO Closing Date | 21 Jun 2024 |
Basis Of Allotment | 24 Jun 2024 |
Refunds | 25 Jun 2024 |
Demat Transfer | 25 Jun 2024 |
IPO Listing Date | 26 Jun 2024 |
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
---|---|---|---|---|
Total Income | 86.79 | 67.50 | 69.57 | 53.45 |
Total Expenses | 67.59 | 59.91 | 49.52 | 38.29 |
Net Profit/Loss | 16.31 | 4.12 | 15.80 | 12.25 |
NPM (*) | 22.93 | 22.73 | 6.11 | 18.92 |
Total Assets | 455.40 | 374.01 | 390.50 | 417.96 |
Total Liabilities | 130.26 | 136.84 | 204.78 | 217.01 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹ cr)
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
---|---|---|---|---|
EPS | 6.68 | 1.68 | 5.85 | 3.87 |
ROE (%) | 5.64 | 7.72 | 3.01 | 12.52 |
ROCE (%) | NA | NA | NA | NA |
D/E Ratio | 0.91 | 0.88 | 1.70 | 2.49 |
Current Ratio | NA | NA | NA | NA |
EBITDA MARGIN (%) | 67.76 | 69.45 | 64.18 | 78.80 |
* Compiled from DRHP/RHP for valuation purposes.
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
Name | Revenue | P/E | EPS | RoNW | NAV |
---|---|---|---|---|---|
Akme Fintrade (India) Limited | 69.57 | 20.51 | 5.85 | 7.72 | 64.65 |
MAS Financial Services Limited | 990.26 | 26.47 | 37.18 | 13.55 | 277.83 |
Shriram Finance Limited | 30,508.39 | 14.73 | 159.83 | 13.82 | 1,162.12 |
Cholamandalam Investment and Finance Company Limited | 13,105.59 | 33.52 | 32.38 | 18.58 | 174.52 |
Arman Financial Service Limited | 423.90 | 20.99 | 107.28 | 25.65 | 430.61 |
CSL Finance Limited | 117.53 | 22.70 | 21.40 | 12.59 | 174.85 |
* Revenue in (₹ cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Investor Type | Subscribed |
---|---|
Qualified Institutional Buyer (QIB) | 28.12 |
Non-Institutional Investor (NII) | 129.98 |
Retail Individual Investor (RII) | 44.58 |
Total | 54.49 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Akme Fintrade (India) Limited
AKME Business Centre (ABC), 4-5 Subcity Centre, Savina Circle opp. Krishi Upaz Mandi Udaipur, Rajasthan - 313002
Phone: +91- 294-2489501-02
Email: cs@aasaanloans.com
Website: www.aasaanloans.com