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Aakash Exploration Services Ltd. IPO

NSE SME Fixed Price IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹56
Issue Price
₹56
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹56
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹112,000
1 lot · 2,000 shares
Opens
17 Apr
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
17 Apr 2018
Tue Completed
Done
Close Date
19 Apr 2018
Thu Completed
Done
Allotment
24 Apr 2018
Tue Completed
Done
Refund
25 Apr 2018
Wed Completed
Done
Demat Credit
26 Apr 2018
Thu Completed
Done
Listing Date
27 Apr 2018
Fri Completed
UPI Deadline: 19 Apr 2018
Issue Details
Pricing & Size
Issue Price
₹56 Face ₹10
Lot Size
2,000 shares
Min Investment
₹112,000
Total Issue Size
18,00,000 shares (aggregating up to ₹10.08 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
90,000 (5.00%)
QIB Portion
-
NII / HNI
8,55,000 (47.50%)
Retail
8,55,000 (47.50%)
Employee
-
Net Offer to Public
17,10,000 shares (aggregating up to ₹9.58 Cr)
Shareholding Pattern
Pre-Issue Shareholding
49,50,000 shares
Post-Issue Shareholding
67,50,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,12,000
HNI / NII 2 4,000 ₹2,24,000
Objects of Issue
4 objectives
1
1 Payment of Cash Credit Facilities
3.00 Cr
2
2 Repayment of Unsecured Loans
2.00 Cr
3
3 Working Capital Requirement
2.08 Cr
4
4 General Corporate Purpose
2.50 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Monarch Networth Capital Ltd.
Market Maker
Monarch Networth Capital Ltd.
IPO Timeline
Open
17 Apr
✓ Done
Close
19 Apr
✓ Done
Allotment
24 Apr
✓ Done
Listing
27 Apr
✓ Done
Registrar Details
Skyline Financial Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
02228511022
Email
virenr@skylinerta.com
Company Contact
Email
hemang@aakashexploration.com
Phone
+91 79-48006633/ 65423366
Address
424-426, 4th Floor, Shukan Mall, Nr. Visat Petrol Pump, Sabarmati, Ahmedabad, Gujarat, 380005
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹56
Est. Listing
₹56
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 8,55,000 (47.50%) — —
Retail Investors — 8,55,000 (47.50%) — —
Market Maker * 1× 90,000 (5.00%) 90,000 (5.00%) ₹5.04 Cr
Total ** — 18,00,000 (100.00%) — —
* Based on ₹56.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
8,55,000 (47.50%)
Retail
8,55,000 (47.50%)
Market Maker
90,000 (5.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in Lakhs
Metric31-Mar-1731-Mar-1631-Mar-15
Revenue3380.302563.312345.20
PAT110.0244.32101.44
EBITDA———
Net Worth———
Total Assets3382.383131.062549.24
Reserves———
Borrowings———
About Aakash Exploration Services Ltd.

Incorporated in 2007, Gujarat based Aakash Exploration Services Limited is a company engaged in providing services for Oil and Gas Exploration.

The company is an ISO 9001 14001 and OHSAS 18001 certified company. It provides Mobile Work Over Rigs, Hot Oil Circulation Unit, Air Compressor, Mobile Steaming Unit (Boiler), Mobile Pumping Unit, Crane, Manpower Services, SRP Unit supply and Maintenance and other similar Services.

Aakash Exploration is providing Oil and Gas field Services to M/S Oil & Natural Gas Corporation Ltd (A Govt. of India Company), Ahmedabad, Mehsana and Hazira Projects and also providing similar services to private oil field operators namely GSPCL, Cairn, Essar, Great Eastern Energy, IOC, Niko, OIL, Price Petroleum etc to their extreme satisfaction. Aakash Exploration Services Limited is a national group of Oil and Gas Field Services with a staff of more than 250 employees and operating in more than 7 states of India.

Frequently Asked Questions
What is the issue price of Aakash Exploration Services Ltd. IPO?
The issue price of Aakash Exploration Services Ltd. IPO is ₹56 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹112,000.
What are the IPO dates?
Opens 17 Apr 2018, closes 19 Apr 2018.
When is the listing date?
Tentative listing: 27 Apr 2018 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹56 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Aakash Exploration Services Ltd. IPO · Expected 24 Apr 2018

Check on Registrar
Post-IPO Timeline
Allotment Date
24 Apr 2018
Refund Initiation
25 Apr 2018
Demat Credit
26 Apr 2018
Listing Date
27 Apr 2018
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹56
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹112,000
1 lot
Est. Listing
₹56
GMP +₹0
Key Dates
Open
17 Apr Done
Close
19 Apr Done
Listing
27 Apr Done
Registrar
Skyline Financial Services Pvt.Ltd.
A
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