Akanksha Power and Infrastructure ltd -Logo

Akanksha Power and Infrastructure ltd

AKANKSHA

52-55

per share
Bidding Dates
27-29 Dec
Min. Investment
₹1,04,000.00
Lot Size
2000 shares
Issue Size
₹27.49 Cr
IPO Timeline
Bidding starts
27 Dec ‘23
Bidding ends
29 Dec ‘23
Allotment finalisation*
01 Jan ‘24
Refund initiation*
02 Jan ‘24
Demat transfer
02 Jan ‘24
Listing
03 Jan ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About  Akanksha Power and Infrastructure ltd

In 2008, Akanksha emerged with a mission to redefine the power solutions landscape, pledging to deliver sustainable and reliable energy solutions to its diverse clientele. With over a decade of unwavering commitment, the company has evolved into a prominent player in the manufacturing of electric equipment, specializing in electrical panels, instrument transformers, and vacuum contactors. Akanksha's offerings cater to a broad spectrum of consumers, ranging from institutions and industries to electricity transmission and distribution utilities.

Manufacturing Excellence: Precision, Quality, and Performance

Akanksha takes pride in its state-of-the-art manufacturing facilities, strategically located across two sites. These facilities are meticulously designed to uphold the highest standards of quality and performance in the production of electrical equipment. The company's dedication to excellence ensures that each product leaving its assembly lines meets stringent quality benchmarks.

Comprehensive Services: Beyond Manufacturing

Beyond manufacturing, Akanksha extends its expertise to comprehensive services related to the distribution and management of electricity. The company plays a pivotal role in establishing robust electrical infrastructure, offering services such as power quality audits, site analysis, and online cloud-based monitoring. This approach enables better management and aids in minimizing losses at the transmission, distribution, and user levels.

Innovation in Action: Cloud-Based Monitoring and Data AnalysisAt Akanksha, innovation is not just a buzzword but a cornerstone of operations. The integration of online cloud-based monitoring stands as a testament to the company's forward-thinking approach. Through sophisticated data analysis, Akanksha empowers its clients with actionable insights, contributing to more efficient and effective management of electrical systems.

Empowering DISCOMs: Managing Electrical Distribution Networks

Akanksha plays a vital role in supporting distribution companies (DISCOMs) by efficiently managing electrical distribution networks. The company's expertise extends to optimizing operations, reducing losses, and enhancing overall network efficiency for DISCOMs.

Forward Momentum: A Vision for the Future

As Akanksha continues to evolve and expand its horizons, the commitment to providing sustainable and reliable power solutions remains unwavering. The company envisions a future where its innovative approach and commitment to quality contribute significantly to the advancement of the power industry.

As Akanksha Power and Infrastructure Limited prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:

  1. Capital Expenditure Requirement of Company;
  2. Working Capital requirements of the Company;
  3. General Corporate Purposes; and
  4. Issue Expenses

Here are key details about the Akanksha Power and Infrastructure ltd IPO:

Company Name Akanksha Power and Infrastructure ltd Limited   Akanksha Power and Infrastructure ltd IPO Opening Date December 27, 2023
Company Established On 2008   Akanksha Power and Infrastructure ltd IPO Allotment Status January 1, 2024
Akanksha Power and Infrastructure ltd IPO Closing Date  December 29, 2023   Akanksha Power and Infrastructure ltd IPO Listing Date January 3, 2024 
Credit of Shares to the Demat Account January 2, 2024   Akanksha Power and Infrastructure ltd IPO Lot Size 2000 Shares
Akanksha Power and Infrastructure ltd IPO Face Value ₹10 per share   Akanksha Power and Infrastructure ltd IPO to be Listed on  NSE
Akanksha Power and Infrastructure ltd IPO Issue Size ₹27.49 Cr   Akanksha Power and Infrastructure ltd IPO Price band  ₹52 to ₹55 per share

 

IPO analysis

Registrar information
Name
LINK in TIME
Phone number
+91-22-4918 6270
Email ID
akanksha.ipo@linkintime.co.in

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