AKG Exim Ltd
Issue Analysis :
| Issue opens | Sept.10, 2018 |
| Issue Closes | Sept. 14, 2018 |
| Issue Price | Rs 31 |
| Lot Size | 4000 |
| Issue Size | 5.52 Cr |
| Lead Manager | Navigant Corporate Advisors Ltd |
| Registrar | MAS Services Limited |
| Platform | NSE |
Company’s Snapshot :
AKG Exim is a diversified & leading merchant trading company in vast range of products & commodities. The company is a global merchandiser, distributor of variety of products including Non Basmati Rice, Metal Scrap, Aluminium scrap, Iron Scrap, Spices and Dry Fruits, etc. The company connects the seller and the markets, while ensuring lasting prosperity and sustainable supply at both ends. The company is catering to a large number of customers around the globe with concentration on Indian and overseas subcontinent.
Metal Scrap etc. is being imported from USA & West African Countries and sold in Far East Countries & in Domestic markets; and Non Basmati Rice is being purchased in the domestic Market and Exported in markets of African Countries. For export business of Non Basmati, AKG Exim has established relationships with the processors of foodgrains, and supplies the same to processors, wholesalers, food companies, etc. and ensures for them regular and assured supplies to match their requirements.
Object of the Issue:
The objects of the Issue are to:
- Working Capital Requirement
- General Corporate Purpose
- Issue Expenses
Financial Highlights :
| AKG Exim’s financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 8M FY2018 | |
| Total revenue | 108.26 | 70.45 | 74.82 | 98.59 | 105.55 | 81.98 |
| Total expenses | 105.97 | 68.55 | 72.95 | 96.14 | 103.10 | 81.34 |
| Profit after tax | 0.69 | 0.54 | 0.41 | 0.41 | 0.49 | 0.63 |
Company Promoters:
The Promoters of the Company are:
- Apple Overseas Pte Limited
- Rajeev Goel HUF
Contact Company Information:
AKG Exim Limited
408-411, Pearls Corporate, Sector – 3
Rohini, Behind Kali Mata Temple
Delhi 110085
Phone: +91 11 40015500
Email: info@akg-global.com
Website: www.akg-global.com
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