About the Company:
AKI India Ltd is engaged in the activities of producing and export of saddlery goods, services of the leather shoes and trading of leather chemicals at domestic level.
Company is a manufacturer and exporter of leather harness and saddler goods, leather goods, leather footwear, horse rug, riding apparels, leather pet products and export of finished leather for footwear and upholstery.
They also design and manufacture of leather products for equestrian sports, Horse covers, Leather footwear and finished Leather.
Company operates through two distinct business verticals, retail and distribution, each with its predominantly own customer base, sale channels and product range.
Retail business is operated through exclusive retail stores run by the Promoters through the proprietorship concern catering to middle and upper middle income consumers, who primarily shop in high street stores and malls, for fashionable products.
Company’s distribution business operates through a wide network of distributors catering to lower and middle income consumers, who primarily shop in multi-brand- outlets (“MBO”) for functional products.
Company’s saddlery products have been sold to the USA, England, Germany, France, the Netherlands, Sweden, Australia and many other countries and regions, enjoying a very good reputation among our customers abroad.
Company’s Business Divisions:
company is specializing in manufacturing and exporting saddlery products, such as Bridles, Halters, Chaps, Boots Horse Rugs, Harness sets etc.
Company has been producing quality footwear for men and women. They are specializing in exporting country Side Boots, Boat Shoes, Riding Shoes, Casual & Formal Shoes
Company is engaged into distributorship of Leather Chemicals with well-known companies and have entered into stockist agreement with Balmer Lawrie & Co. Ltd., a manufacturer and trader in various types of leather chemicals as stockist in the geographical region of Kanpur and Unnao.
- Mr. Osama Anwar Iraqi (Designation: Wholetime Director)
- Ms. Samina Asad Iraqi (Designation: Whole Time Director)
- Mr. Aslam Saeed (Designation: Non- Executive and Independent Director)
Objectives of the Issue:
- To Meet working capital requirement.
- To meet the Issue Expenses.
- To meet General corporate purpose.
Financials of the Company:
|(in Crores)||FY 14||FY 15||FY 16||FY 17||FY 18|
|Issue Opens on||28th September 2018|
|Issue Closes on:.||3rd October 2018|
|Minimum Lot||10,000 Shares|
|Issue Size||Rs.3.08 cr|
|Market Cap||Rs.11.32 cr|
|Listing at||BSE SME|
|Equity Shares Offered (Fresh)||28,00,000|
|Equity Shares Prior to the Issue||74,97,000|
|Equity Shares after the issue||1,02,84,000|
IPO Valuation Parameters:
|Earnings Per Share (EPS)||Price To Earnings ratio (PE)||Return on Net Worth (RoNW)||Net Asset Value (NAV)|
|Check IPO Allotment Status:|
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|Company Contact Info:|
|AKI India Limited
9/6(11), Asharfabad Jajmau,
Kanpur – 208010, Uttar Pradesh, India.
Tel. No: +91 512 2463130
|IPO Registrar Info:|
|Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
Lal Bhadur Shastri Marg, Vikhroli (West),
Mumbai, Maharashtra, India
Tel: +91 22 4918 6200
Facsimile : +91 22 4918 6195
|Lead Manager to the Issue:|
Finshore Management Services Limited
Anandlok, Block – A, 2nd Floor, Room No.207
227, A.J.C. Bose Road, Kolkata – 700 020, West Bengal – India
Tel. No.: +91 33-22895101/9920379029
Fax No.: +91 33-22895101