Issue Price
₹31
Per Share
GMP
NIL
Grey Market
Est. Listing
₹31
Expected Price
Min. Application
₹248,000
2 lots × 4000 shares
Incorporated in 2005, Delhi based Akg Exim Limited is a company engaged in the business of merchant trading of products and commodities. It is a global merchandiser and distributor of a range of products including Non-Basmati Rice, Spices, Dry Fruits, Metal Scrap, Iron Scrap and Aluminium scrap etc.AKG exports Metal Scrap from USA & West African Countries and sells it in Far East Countries & in Domesticmarkets. The Non-Basmati Rice is purchased from the domestic Market and exported to African Countries.The company's revenues from operations increased from Rs. 7,468.05 Lacs in 2014-2015 to Rs. 9859.04 Lacs in 2015-16 and further to Rs. 10489 Lacs in F.Y. 2016-17, at the rate of 32.01% and 6.40%.The Net Profit after tax grew from Rs. 40.71 Lacs in 2014-15 to Rs 48.86 Lacs in 2016-17, at the rate of 18.71%.The company has 18 employees on its payroll.
AKG Exim Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 92,000 | — | ₹0.29 Cr | — |
| TOTAL | 1,780,000 | 100.00% | ₹5.52 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹124,000 |
| Retail (Max) | 13 | 52,000 | ₹1,612,000 |
| sNII (Min) | 14 | 56,000 | ₹1,736,000 |
| bNII (Min) | 68 | 272,000 | ₹8,432,000 |
| Particulars | 30-Nov-17 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 8197.89 | 10555.24 | 9859.04 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 62.79 | 48.86 | 41.16 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 5999.48 | 6058.46 | 5650.17 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |