Akiko Global Services IPO

Akiko Global Services Ltd is launching an IPO with 30,01,600 shares worth INR 23.11 crores to implement ERP, TeleCRM, develop a financial app, and enhance brand visibility.

Important Details

Open Date : June 25, 2024 Close Date : June 27, 2024 Allotment Date: July 1, 2024 Listing Date: July 2, 2024

Important Details

IPO Price: INR 73-77 per share Lot Size: 1600 Shares Total Issue Size: INR 23.11 crores

Fundamental Analysis

Akiko Global Services IPO analysis shows mixed performance: 1. Revenue increased significantly but fell short this year. 2. Equity grew and debt reliance decreased. 3. Profitability & EPS improved,RoNW declined. 4. Liquidity strengthened.

Peer Comparison

1. No listed Indian companies have a comparable business portfolio to Akiko Global Services Limited. 2. Industry comparison is not feasible.

Objective

Akiko Global Services IPO main objective: 1. Implement ERP and TeleCRM solutions. 2. Develop a financial product app. 3. Meet working capital needs. 4. Enhance brand visibility and awareness.

Risks And Challenges

Akiko Global Services IPO risks: 1. Dependence on top customers. 2. Potential disruption from lease agreement discontinuation. 3. Challenges in strategy implementation amid regulatory changes. 4. Impact on business and operational outcomes.