Issue Price
₹11
Per Share
GMP
NIL
Grey Market
Est. Listing
₹11
Expected Price
Min. Application
₹220,000
2 lots × 10000 shares
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.
AKI India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 140,000 | — | ₹0.15 Cr | — |
| TOTAL | 2,800,000 | 100.00% | ₹3.08 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹110,000 |
| Retail (Max) | 13 | 130,000 | ₹1,430,000 |
| sNII (Min) | 14 | 140,000 | ₹1,540,000 |
| bNII (Min) | 68 | 680,000 | ₹7,480,000 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 4536.26 | 4269.87 | 4067.47 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 102.22 | 15.11 | 14.26 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 3575.64 | 3992.77 | 3910.23 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |