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Akme Fintrade to lift ₹132 crore by way of IPO

Akme Fintrade (India), a number one non-banking finance firm, plans to lift ₹132 crore by an preliminary public providing, which opens for subscription on June 19.

The corporate will challenge 11 lakh contemporary fairness shares within the value vary of ₹114 to ₹120 per share. The corporate’s shares might be listed on BSE and NSE.

Akme Fintrade extends credit score throughout rural and semi-urban geographies in Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat. With over 20 years of expertise, it provides a spread of tailor-made monetary options, together with automobile finance and secured enterprise finance merchandise to over two lakh clients.

The corporate’s digital lending platform aasaanloans.com is pre-integrated with over 30 third-party APIs, making the operational course of simpler and quicker. This differentiated method aids within the identification of companies with low danger and excessive promise, thereby offering alternatives for many who beforehand had no entry to long-term or short-term financing, stated the corporate.



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