AKI India IPO is all set to make its debut on 28th Sept 18 with 3.08 Cr in the business of manufacturing and export of leather and leather goods. The company manufactures saddlery products, footwear as well as leather.
AKI India IPO – overview
| IPO Dates | 28th sept – 5th Oct 2018 |
| IPO Price | INR 11 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 2,800,000 shares (INR 3.08 crore) |
| Minimum bid (lot size) | 10000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Company Overview
Incorporated in 1994, Kanpur based AKI India Limited is a company engaged in the business of manufacturing and export of leather and leather goods. The company manufactures saddlery products, footwear as well as leather.
The company operates through two business verticals, retail, and distribution. The retail business operates through exclusive stores while the distribution vertical operates through multi-brand outlets.
The total revenue (consolidated) of the company increased from Rs 1821.75 lakhs in 2014 to Rs 4912 lakhs in 2018, at a CAGR of 21.94 %.
The EBITDA grew from Rs 306.19 lakhs in 2016 to Rs 400.02 lakhs in Fiscal 2018, at a CAGR of 15.32%.
The company employs 16 full time and 27 contracted labors.
Objects of the Issue
- Working Capital Requirements.
- General Corporate Purpose.
- Issue Expenses
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 3,686.46 | 4,004.96 | 3,968.67 |
| Total Revenue | 2,827.00 | 1.771.19 | 1,540.45 |
| Profit After Tax | 4,912.56 | 4,345.24 | 4,236.85 |
Company Contact Information
AKI India Limited
9/6(11)
Asharfabad Jajmau
Kanpur – 208010
Phone: 91 512 2463130
Email: info@groupaki.com
Website: http://www.groupaki.com/
AKI India IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: aki.ipo@linkintime.co.in
Website: https://linkintime.co.in/
AKI India IPO Lead Manager(s)
- Finshore Management Services Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
