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Akanksha Power and Infrastructure Limited IPO

Akanksha Power and Infrastructure Limited was a SME IPO in the Other Electrical Equipment sector, offered at ₹52–₹55 per share to raise ₹27 crore. It listed on 3 Jan 2024 at ₹62 and closed its first day at ₹65, a listing gain of +18.4% versus the ₹55 issue price. It now trades around ₹153 (+178.8% versus the issue price).

Frequently asked questions

What were the Akanksha Power and Infrastructure Limited IPO listing gains?
Akanksha Power and Infrastructure Limited listed on 3 Jan 2024 at ₹62, closing its first day at ₹65 — a listing gain of +18.4% versus the ₹55 issue price.
What was the price band and lot size of the Akanksha Power and Infrastructure Limited IPO?
The price band was ₹52–₹55 per share, with a minimum lot of 2,000 shares (₹1,10,000 at the upper band).
Who were the registrar and lead manager for the Akanksha Power and Infrastructure Limited IPO?
Link Intime India Private Limited was the registrar, and Narnolia was the book-running lead manager.