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Akash Infra Projects Limited logo

Akash Infra Projects Limited IPO

SME IPOListedAKASHNSE
Current Market Price (CMP)
₹23.07(-60.22%)
Current Price (CMP)
₹23.07(-60.22%)

Live Market Quote

Listing Price & Gain
₹60.50(+4.31%)

Day 1 Exchange Open

IPO Issue Price
₹58

Band: ₹125

Total Subscription
1.85x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
28 Feb 2017
IPO Bidding Closes
06 Mar 2017
Allotment & Refunds
Completed
Exchange Listing Day
11 Oct 2019

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 1.85x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription1.85x
Updated as on null

Listing Day & Return Performance

Listing Day Gain+4.31%
₹58 (Issue) → ₹60.50 (List)
Per share profit: +₹2.50
Holding Return (Till Date)-60.22%
₹58 (Issue) → ₹23.07 (CMP)
Net gain per share: ₹-34.93
Post-Listing Performance (Listing Day → Today):-61.87%

About Akash Infra Projects Limited IPO

Akash Infra Projects Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 28 Feb 2017 and concluded on 06 Mar 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹125.

During the bidding window, Akash Infra Projects Limited recorded an overall subscription of 1.85 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Akash Infra Projects Limited officially debuted on the stock exchanges on 11 Oct 2019 at an opening listing price of ₹60.50, delivering a listing day return of +4.31% (premium) over the final issue price. As per the latest market data, the stock trades at ₹23.07, representing an overall decline of -60.22% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Akash Infra Projects Limited IPO?
The issue price of Akash Infra Projects Limited IPO was fixed at ₹58 per equity share. The indicative bidding price band was ₹125.
What were the open, close, and listing dates for Akash Infra Projects Limited IPO?
Akash Infra Projects Limited IPO opened on 28 Feb 2017, closed on 06 Mar 2017, listed on 11 Oct 2019.
How much was Akash Infra Projects Limited IPO subscribed?
The IPO received an overall subscription of 1.85 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Akash Infra Projects Limited IPO?
Akash Infra Projects Limited IPO listed on the stock exchange at ₹60.50, delivering a listing gain of 4.31% compared to the IPO issue price of ₹58.
Is Akash Infra Projects Limited IPO a Mainboard or SME IPO?
Akash Infra Projects Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Akash Infra Projects Limited IPO since its IPO?
At the latest market quote of ₹23.07, Akash Infra Projects Limited IPO has generated an all-time return of -60.22% since its initial public offering.

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