The allotment status for Akanksha Power IPO (Initial Public Offering) will be determined on January 1, 2024. The refund process will begin on January 2, 2024 and shares will be added to Demat accounts on January 2, 2024. It is expected that Akanksha Power IPO will be listed on January 3, 2024. Investors can check their allotment status online on the linkintime website or through their bank and Demat account in offline mode. Here is a step-by-step guide on how to check the allotment status for Akanksha Power IPO online or offline.
The company plans to raise approximately ₹27.49 Crores through the IPO, with a fixed price per equity share of ₹52 to ₹55. The IPO will be listed on the NSE SME.
How To Check Akanksha Power IPO Allotment Status:
Akanksha Power IPO Time Table:
| Event | Date |
| Opening Date | 27 December 2023 (Wednesday) |
| Closing Date | 29 December 2023 (Friday) |
| Basis of Allotment | 1 January 2024 (Monday) |
| Initiation of Refunds | 2 January 2024 (Tuesday) |
| Credit of Shares to Demat | 2 January 2024 (Tuesday) |
| Listing Date | 3 January 2024 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 29 December 2023 |
Akanksha Power IPO Subscription Status:
| Category | Subscription (times) |
| QIB | 38.51x |
| NII | 238.60x |
| Retail | 110.44x |
| Total | 117.39x |
Akanksha Power IPO Allotment Date:
The allotment date for Akanksha Power IPO is 1 January 2023.
Akanksha Power IPO Allotment Timing:
The allotment status of Akanksha Power IPO will be updated on the register’s website between 10:00 PM tonight (1 January 2024) and 11:00 AM tomorrow (2 January 2024).
Akanksha Power IPO Allotment Chances:
The basis of allotment for the Akanksha Power IPO will be around 0.905%, as determined by the retail subscription rate. (Approx.)
You can Check Akanksha Power and Infrastructure IPO Allotment Status in two ways:
Akanksha Power and Infrastructure IPO: Discover Your Allotment Status on BSE
- Go to the direct BSE link at : BSE Link (Click Here) and log in.
- Select the Akanksha Power and Infrastructure IPO.
- Enter the Akanksha Power and Infrastructure IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Akanksha Power and Infrastructure IPO: Discover Your Allotment Status on linkintime Services
- Go to the direct linkintime link at (Click Here) and log in.
- Select the Akanksha Power and Infrastructure IPO.
- Enter the Akanksha Power and Infrastructure IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Akanksha Power IPO Allotment Link
Akanksha Power IPO GMP TODAY:
| Company Name | GMP (₹) | Listing Gain |
| Akanksha Power IPO GMP | ₹10 | 18.18% |
About Akanksha Power and Infrastructure Limited
Akanksha Power and Infrastructure Limited, established in July 2008, creates electrical equipment like switchboards, transformers, and vacuum contactors for schools, industries, and utilities.
Our product lineup includes CT-PT, metering units, automatic power correction panels, fixed capacitor banks, motor control center (MCC), power control center (PCC), variable frequency drive (VFD) panels, thyristor switches, and vacuum contactors. We also provide energy management systems and advanced metering infrastructure. Additionally, we offer engineering and implementation services for complete electrical projects.
Beyond manufacturing, we provide electricity distribution and management services. Our operations involve setting up electrical infrastructure for power quality testing, site analytics, online cloud-based monitoring, and data analytics to enhance management. Our goal is to minimize losses in transmission, distribution, and end-user consumption.
Our clientele includes Military Engineer Services, Hindustan Aeronautics Limited, Coal India Limited, HINDALCO Industries Limited, Indian Oil Corporation Limited, Ordnance Factory Board, Larson & Toubro Limited, NALCO, ABB India Private Limited, Hitachi Energy India Limited, TPCODL (Tata Power Group), Jindal Stainless Limited, National Mineral Development Corporation Limited, Steel Authority of India Limited, Thyssenkrupp Electrical Steels Limited, Kutch Copper Limited (Adani Group), and TPNODL (Tata Power Northern Odisha Distribution Limited).
We hold ISO 9001:2015 certification and operate two manufacturing facilities in Satpur, Nashik, Maharashtra, India.
As of June 30, 2023, we employ 62 permanent and 387 contract workers paid on a daily basis.
In terms of revenue distribution by region, as of June 30, 2023, Odisha contributes 34.61% to our total revenue, while Maharashtra, Chhattisgarh, Karnataka, and Gujarat contribute 8.77%, 0.10%, 3.19%, and 1.30%, respectively.
Akanksha Power IPO FAQs
When is Akanksha Power IPO Allotment Date?
Akanksha Power IPO Allotment is to be available on January 1, 2024.
What will be Akanksha Power IPO Refund Date?
The Akanksha Power IPO refund date is January 2, 2024.
What are the Akanksha Power IPO Allotment Chances in Percentage (%)?
The Akanksha Power IPO allotment is based on the subscription. As per the retail application received the basis of allotment will be around 0.905%. (Approx.)
How do I Check My Akanksha Power IPO Allotment Status?
How to Check Your Akanksha Power IPO Allotment Status: Utilize Your PAN Number, Application Number, or Verify the Deducted Amount from Your Bank Account.
How to check Akanksha Power IPO Allotment Status?
To check your Akanksha Power IPO allotment status, you can use your PAN number, application number or check the amount deducted from your bank account.
How to check the Akanksha Power IPO Allotment via Registrar ( Name )?
To check the allotment status of Akanksha Power IPO, simply log onto the allotment page and enter your application number, PAN number, or demat account number. It’s that easy! Click Here
What is Akanksha Power IPO Listing Date?
Akanksha Power IPO listing date is January 3, 2024. The IPO is to list on NSE SME.
For Motre Detail of Akanksha Power IPO Click Here
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