Akiko Global Services Limited

AKIKO

₹73-77

per share

Bidding Dates

25-27 Jun

Min. Investment

₹1,16,800.00

Lot Size

1600 shares

Issue Size

₹23.11 Cr

IPO Timeline

Bidding starts

25 Jun ‘24

Bidding ends

27 Jun ‘24

Allotment finalisation*

01 Jul ‘24

Refund initiation*

01 Jul ‘24

Demat transfer

01 Jul ‘24

Listing

02 Jul ‘24

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Akiko Global Services Limited

Incorporated in 2018, Akiko Global Services Limited is currently working as a Channel Partner (DSA) for major Banks / NBFCs. The company specializes in selling credit cards and personal loans on behalf of banks and financial institution in India. Their business model involves tele-calling, corporate activities, as well as a feet-on-street and digital marketing model to acquire customers digitally. Their proficiency lies in the field of credit cards and loans, empowering them to offer extensive guidance and assistance to individuals and businesses as they navigate the expansive landscape of financial products.

Whether it's finding the right credit card for maximizing rewards and benefits, or securing the most suitable loan for personal or business needs, their team is dedicated to delivering informed and tailored recommendations. They predominantly focus on sustainable growth and expanding their customer base, in line with their successful business model which includes telemarketing, feet-on-street, digital marketing, and corporate activities. They believe that comprehensive business strategy, backed by their experienced team and extensive database of target segment customers, will enable them to achieve goals.

Their website, Money Fair (https://themoneyfair.com/), powered by Akiko is an algorithm-based platform that gathers and analysis data of individuals from various sources and draws insights to ascertain their credit worthiness, their past and current performance that helps in easy comparison of 248 multiple offers available to a person and offers unbiased advice. This differentiated approach helps to find prospects that are low on risk and high on promise thus opening up various opportunities and possibilities. The Money Fair works with scaling – up strategy and service delivery efficiency along with new-age tech-enabled agility, it takes the relevant applications to multiple lenders, increasing the chances to secure a loan or a card and creates choice for customers to pick the ones they wish..

Akiko Global Services Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:

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

IPO analysis

Registrar information

Name

SKYLINE FINANCIAL SERVICES PVT LTD

Phone number

+91-11-40450193-97

Email ID

compliances@skylinerta.com

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