FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

The Money Fair SME IPO Details 2024

SME IPO Status: Listed [25th Jun 2024 to 27th Jun 2024]

Rated 3/5 by Team InvestorGain
The Money Fair SME IPO Detail

The Money Fair IPO, a SME IPO of ₹23.11 Cr was launced on 25-06-2024 to 27-06-2024 and the shares got listed on NSE SME on 02-07-2024.

The public issue of The Money Fair IPO (AKIKO) was offered at ₹77.00 per share and the ipo was listed at ₹98.00. It has delivered listing gain of 27.27%.

As the minimum lot size was 1600 shares, the IPO has offered Rs 33600.00 per lot return on listing.

The Money Fair SME IPO Details

SME IPO Issue Opening Date: 25th Jun 2024
SME IPO Issue Closing Date: 27th Jun 2024
SME IPO Issue Price: ₹73.00-77.00 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: NSE SME
Retail Quota: Not less than 35% of the Net Issue
SME IPO Issue Type: Book Build Issue
SME IPO Issue Size: ₹23.11 Cr
Fresh Issue: ₹23.11 Cr
Face Value: ₹10 Per Equity Share
SME IPO Discount: TBD
Promoter Holding Pre IPO: 92.77%
Promoter Holding Post IPO: 66.91%
Allotment Status: Allotment Status
NSE Code: AKIKO

The Money Fair SME IPO Important Dates

Get important updates regarding The Money Fair SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

The Money Fair SME IPO dates
SME IPO Activity Date
Basis of Allotment Date* 1st Jul 2024
Refunds Initiation* 1st Jul 2024
Credit of Shares to Demat* 1st Jul 2024
SME IPO Listing Date* 2nd Jul 2024

* - Tentative Dates

The Money Fair SME IPO Lots

SME IPO Activity Date
Issue Price ₹73.00-77.00
Market Lot: 1600 Shares
1 Lot Amount: ₹123200
Min HNI Lots: 3200 shares (2 lots)- ₹246400

The Money Fair IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
02-07-202477.0056100₹82 (6.49%)2-Jul-2024 10:31
IPO Live GMP

Zerodha Trade@20

Want to start your investment journey, join India’s Pioneer Discount Broker – ZERODHA – Free Delivery Trade, Maximum Rs 20 for F&O and Intraday, Free Direct Mutual Fund investment.Open Zerodha Account

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - The Money Fair

Akiko Global Services Ltd partners with major banks and NBFCs and distributes and sells financial products such as loans, credit cards, etc.

The Money Fair, backed by Akiko Global is an algorithm platform that collects and analyses customer information from various sources to assess their creditworthiness. Also, it uses customized CRM in its day-to-day operations to improve its service delivery efficiency.

The Money Fair SME IPO Strengths

  • Expertise in offering loans, credit cards, and other financial products
  • Diversified business model such as telemarketing, digital marketing, feet on street approach, etc.
  • Extensive customers database to target potential customers.
Incorporation Sector IPO Issue Size Website
2018 Finance ₹23.11 Cr http://www.themoneyfair.com/

The Money Fair SME IPO Objective

The company intends to utilize the proceeds of the Issue to meet the following objectives: -

  • Implementation of ERP Solution and TeleCRM
  • Mobile Application for financial product solution
  • To meet working capital requirements.
  • Enhancing visibility and awareness of the brands, including but not limited to "Akiko Global" or "Moneyfair
  • General Corporate Purpose; and
  • Issue Expenses

Our experts can help you prepare for SME IPO

The Money Fair SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 654,400 Shares
  • Non-Institutional Investors: 428,800 Shares
  • Retail Individual Investor: 998,400 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered654,400 (31.44%)428,800 (20.6%)998,400 (47.96%)2,081,600
125th Jun 2024 19:310.00x1.01x2.53x1.42x
226th Jun 2024 19:310.01x2.31x6.56x3.63x
327th Jun 2024 18:2110.21x48.05x45.57x34.96x

Akiko Global Services Limited Financial Information (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets1,794.911,130.87405.67234.88
Revenue2,609.763,958.971,353.31610.78
Profit After Tax321.48453.2677.8522.98
Net Worth1,403.37578.40123.1445.29
Reserves and Surplus626.57574.40121.1443.29
Total Borrowing122.0595.8926.1349.62
Amount in ₹ Lakhs

Company Address

Akiko Global Services Limited
11th Floor- Off. No. 8/4-D- Vishwadeep Building
District Centre Janak Puri
West Delhi
New Delhi,Delhi-110058
India
Website: http://www.themoneyfair.com/
Phone: 011-4010 4241
Email: [email protected]

The Money Fair SME IPO Registrar

Skyline Financial Services Private Ltd
D-153A, 1st Floor,
Okhla Industrial Area, Phase-I,
New Delhi -110020
Website: https://www.skylinerta.com/ipo.php
Phone: 02228511022
Email: [email protected]

The Money Fair SME IPO Lead Manager

The Money Fair SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for The Money Fair? Should I apply in The Money Fair SME IPO?

Last Updated on 02-Jul-2024 23:32:51

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase The Money Fair SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply The Money Fair SME IPO with Zerodha.

Alternate approch to apply in The Money Fair SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

The Money Fair SME IPO Review and Important Updates

Other relevant questions :

How to subscribe The Money Fair SME IPO Zerodha? How to purchase The Money Fair SME IPO on Zerodha? The Money Fair SME IPO how to buy Zerodha? The Money Fair SME IPO Zerodha apply. The Money Fair SME IPO purchase Zerodha. The Money Fair SME IPO with Zerodha. The Money Fair SME IPO at Zerodha. The Money Fair SME IPO kite Zerodha. The Money Fair SME IPO using Zerodha. The Money Fair SME IPO via Zerodha.

 

Apply in The Money Fair SME IPO online

To subscribe or apply in The Money Fair SME IPO, you can use the following methods:

MethodDetails
The Money Fair SME IPO Applying Mode
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in The Money Fair SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in The Money Fair SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in The Money Fair SME IPO. Most of the Syndicate Banks provide access to apply in The Money Fair IPO via ASBA process. You must have your net banking access, DP ID information to apply in The Money Fair SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in The Money Fair SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

The Money Fair SME IPO Review and Important Updates

Other relevant question on same topics are:

Where to subscribe The Money Fair SME IPO? Where to apply for The Money Fair SME IPO? How to subscribe The Money Fair SME IPO online? The Money Fair SME IPO where to apply? Where to buy The Money Fair SME IPO online? How to buy The Money Fair SME IPO online? How to purchase The Money Fair SME IPO? How to get The Money Fair SME IPO? How to book The Money Fair SME IPO? How to invest The Money Fair SME IPO? The Money Fair SME IPO kaise buy kare?

 

The Money Fair SME IPO Application is not yet available.

 

The Money Fair SME IPO is going to be list on 02-07-2024. NSE Code for The Money Fair is AKIKO.

Other relevant questions:

When The Money Fair SME IPO will be listing? The Money Fair SME IPO NSE listing date?The Money Fair SME IPO date of listing

 

The Money Fair SME IPO Allotment Date is 01-07-2024.

Other relevant questions:

The Money Fair SME IPO share allotment date?The Money Fair SME IPO allotment date?

 


User Reviews

5. Pulacharla Naganna Goud Jun 15 2024 07:32:45 PM Reply
The Money Fair SME IPO expected listing gain.
4. Pallavi Mali Jun 15 2024 07:32:45 PM Reply
Please confirm The Money Fair SME IPO GMP (grey market premium) and kostak.
3. Anisha  Jun 15 2024 07:32:45 PM Reply
The Money Fair SME IPO good or bad.
2. Anuprova Mondal Jun 15 2024 07:32:45 PM Reply
The Money Fair SME IPO whether to invest or not.