Akme Fintrade IPO Review: 3 Reasons to Think Twice Before Investing! | Aasaan Loans IPO Review

Aasaan Loans IPO opens for subscription on June 19, 2024 and closes on June 21, 2024. If you're confused on whether you should invest in this IPO or not, then this video is for you! This Akme Fintrade IPO Review video covers points like company's financials, market presence, competitive environment and much more! If you find our Akme Fintrade IPO analysis video informative then please subscribe for more IPO latest news videos like this!

About Akme Fintrade India Ltd (Aasaan Loans):

Akme Fintrade India Limited is a non-banking financial company (NBFC) established in 1996. They focus on providing financial solutions to people in rural and semi-urban areas of India, particularly those who are not served by traditional banks. Akme Fintrade offers vehicle financing for two-wheelers and three-wheelers, along with business loans for small and medium enterprises. They operate in Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat with a network of branches and digital platforms to serve their over 200,000 customers.

Additional Akme Fintrade IPO Details:

Aasaan Loans IPO price band is set at ₹114 to ₹120 per share. The minimum lot size for an application is 125 Shares. The minimum amount of investment required by retail investors is ₹15,000. The minimum lot size investment for sNII is 14 lots (1,750 shares), amounting to ₹210,000, and for bNII, it is 67 lots (8,375 shares), amounting to ₹1,005,000.

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