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IPO Snapshot    
Akshar Spintex Ltd.
Issue Open Date 27-Apr-18  
Issue Closing Date 03-May-18  
Application Money 100  
Allotment Money  
Price Band 40 -  
Minimium Application No. 3000  
Issue Size (Shares) 6750000  
Market Lot 1.00  
Objective
Funding the working capital requirements of the CompanyGeneral corporate purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     5466000   NA  
Qualified Institutional Buyers     66000   NA  
Retail Individual Investors     29604000   NA  
Business Description
Promoter's Holding
Total Share Capital   15175000  
Offered to Public   6750000  
Promoter's Holding (Pre-Issue)   63.23  
Promoter's Holding (Post-Issue)   46.07  
Address
Revenue Survey No. 102/2
Paiki
Plot No. 2
Village - Haripar
Ranuja Road
Tal - Kalavad
Jamnagar ,
Gujarat ,
361013
Phone: 7574887085
Email: info@aksharspintex.in / aksharspintex@gmail.com
Website: www.aksharspintex.in
Registrar
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
Listed at
BSE
Lead Manager
Pantomath Capital Advisors Pvt Ltd.
Promoters
Amit Gadhiya
Ashok Bhalala
Harikrishna Chauhan
Rekhaben Chauhan
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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
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