IPO DETAILS : Aki India Ltd.
No. 9/6(11), Asharfabad Jajmau, Kanpur, Uttar Pradesh - 208010
Phone: 2463130

Public Issue of 2800000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 1.00 per share.

Issue Open DateIssue Closing DateApplication MoneyAllotment Money
28/09/201803/10/201811.00 -
Lead Managers Registrar Listed at
FINSHORE MANAGEMENT SERVICES LTD.
Link Intime India Private Limited
C-101, 247 Park,
L.B.S. Marg, Vikhroli (West), ,
Mumbai, Maharashtra - 400083
Phone: 49186200 Fax: 49186195
BSE
Object of the issue

The Issue includes a fresh Issue of 28,00,000 Equity Shares of the Company at an Issue Price of ` 11.00 per Equity Share.

The Company proposes to utilize the funds which are being raised through this Issue towards the below mentioned objects and gain benefits of listing on SME Platform of BSE:

The Objects of the Issue are:

A. To Meet working capital requirement,
B. To meet the Issue Expenses; and,
C. To meet General corporate purpose.


Project Cost
(₹ in Crs.)
ISSUE EXPENSES0.30
WORKING CAPITAL REQUIREMENTS2.50
GENERAL CORPORATE EXPS.0.28
TOTAL COST3.08

Means of Finance
(₹ in Crs.)
PUBLIC ISSUES3.08
TOTAL COST3.08

Promoted by

The promoters of the company are Mr. Asad Kamal Iraqi and Anwar Kamal Iraqi

1. Mr. Asad Kamal Iraqi : aged 52 years, is the Promoter of the Company. He obtained a degree of Bachelor of Commerce from Kanpur University. He currently heads the marketing & financial aspects of the Company. He has a rich experience in the field of financial and international marketing of leather and leather goods. He is also holding the post of COA in Council for Leather Exports since last 8 years. Besides taking care of day to day operations of the company, he controls the planning, finance and implementation functions of the company.

Permanent Account Number: AAAPI9913Q

Passport No.: Z3260364

Aadhar No.: 832261310479

Driving license No.: UP78 19870004637

2. Mr. Anwar Kamal Iraqi : Mr. Anwar Kamal Iraqi, aged 52 years, is Production Head of the Company. He had passed Class VIII. He has an experience of around 35 years in the Leather industry and apart from taking care of production aspects of family business, having keen interest in working with poor people. He is looking after all manufacturing operations of the Company. His responsibilities include the management of design and development function and support to the all manufacturing function at different units of the Company. Further, he is actively involved in setting up of ultra-modern Tannery unit at Unnao.

Permanent Account Number: AAHPI486N

Passport No.: AAHPI4861N

Aadhar No.: 2946 6339 0159

Driving license No.: UP 7819900026463

Voter’s identification card No.: TLO3234101