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Akme Fintrade collects Rs 38 cr from anchor investors; IPO to open on Jun 19

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Akme Fintrade collects Rs 38 cr from anchor investors; IPO to open on Jun 19

The Udaipur-based company has allocated 31.35 lakh equity shares to anchor investors at Rs 120 each, amounting to Rs 37.62 crore. The company's Rs 132 crore IPO includes a fresh issue of 1.1 crore equity shares, with a price band of Rs 114-120 per share. The subscription period for the IPO will open on June 19 and close on June 21.