- POSITIVE
Annual Revenue Akanksha Power Mar-2026 Annual Revenue is Rs 88 Cr which is growth of 10.8% YoY.
- POSITIVE
Annual Net Profit Akanksha Power Mar-2026 Annual Net Profit is Rs 6 Cr which is growth of 33.2% YoY.

Akanksha Power and Infrastructure was founded on July 1, 2008, with the aim of offering efficient, cost-effective power solutions through APFC panels, AMI infrastructure with smart meters, and power quality measurement products
| Bidding Dates |
|---|
| 27 Dec 2023 - 29 Dec 2023 |
| Subscription |
|---|
| 108.93x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹104,000 | 1 | 1 | 2000 | 5.0 M | ₹52 - ₹55 | 60.81 % | ₹259.9 M - ₹274.9 M | RHP DOC |
Akanksha Power IPO SUBSCRIPTION STATUS
29 Dec '23Akanksha Power IPO overall subscription rate was 108.93 times the total available shares
Akanksha Power IPO retail subscription rate was 146.31 times in the retail segment
Akanksha Power IPO non-institutional investor subscription rate was 316.83 times in the non-institutional investor category
Akanksha Power IPO Qualified Institutional Bidder subscription rate was 20.39 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
29 Dec 2023 (Day 3) | 146.31x | 316.83x | 20.39x |
28 Dec 2023 (Day 2) | 35.71x | 22.11x | 3.73x |
27 Dec 2023 (Day 1) | 5.16x | 2.31x | 3.71x |
Akanksha Power FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| Q1FY24 | 7.1 | 98.8 | -14.3 | -16.3 | 9.2% |
| FY23 | 29.1 | 460.9 | 40.2 | -29.9 | 11.3% |
| FY22 | 24.1 | 518.4 | -42.8 | -52.4 | 9.3% |
| FY21 | 39.2 | 742.7 | 56.1 | 48.8 | 9.2% |
Akanksha Power IPO SUBSCRIPTION STATUS DETAILS
Akanksha Power had 5.0 M shares on offer
Akanksha Power IPO offer price was in the range ₹52 - ₹55
Akanksha Power IPO minimum Investment was ₹104000
Akanksha Power IPO issue size was ₹ 259.9 M - ₹ 274.9 M
Akanksha Power had a minimum lot size of 2000 Shares per application
Akanksha Power NUMBER OF SHARES ON OFFER
Akanksha Power IPO IMPORTANT DATES
| Issue Open Date | 27 Dec 2023 |
| Issue close Date | 29 Dec 2023 |
| Allotment Date | 01 Jan 2024 |
| Refund Date | 02 Jan 2024 |
| Demat Account Credit Date | 02 Jan 2024 |
| Listing Date | 03 Jan 2024 |
| Listing on Exchange(s) | NSE |
| Akanksha Power Allotment Status | Exchange |
Akanksha Power IPO subscription opened on 27 Dec 2023, and closed on 29 Dec 2023
IPO allotment for Akanksha Power was finalized on Monday, 01 Jan 2024
IPO listing for Akanksha Power was on NSE on Wednesday, 03 Jan 2024
Akanksha Power IPO LISTING GAINS
| Issue Price (adjusted) | 55.0 |
| Listing Open Price | 62.0 |
| Listing Close Price | 65.1 |
| Listing Gain% | 12.7% |
| Current Gain% | 178.8% |
Akanksha Power Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Akanksha Power and Infrastructure Ltd. | 153.4 | 284 | 51.3 | 1.9 | 3.1 | 8.2 | 4.1 | 93 | 15.8 | 5.9 | 34.9 | 3 | 27.6 |
| Waaree Energies Ltd. | 2304 | 66274.9 | 17.9 | 0.5 | 2.1 | 25.7 | 12.3 | 27244.9 | 83.5 | 3711.3 | 98.7 | 128.4 | 36.8 |
| Apar Industries Ltd. | 15678 | 65651.8 | 47.7 | 1 | 2.6 | 18.1 | 7.1 | 22966.9 | 22.9 | 976.9 | 18.9 | 328.9 | 46.6 |
| Havells India Ltd. | 1013.8 | 63559.3 | 38.2 | 2.8 | 2.5 | 17.9 | 11.5 | 23022.2 | 4.3 | 1690.6 | 14.8 | 26.5 | 13.7 |
| Premier Energies Ltd. | 876 | 39766.2 | 23.9 | 0.4 | 4.7 | 35 | 13.9 | 8025.9 | 20.7 | 1509.8 | 61.1 | 36.7 | 59.1 |
| Syrma SGS Technology Ltd. | 1625.3 | 31281.2 | 74.2 | 0.9 | 5 | 11.1 | 5.5 | 4856.9 | 26.6 | 317.8 | 87.1 | 21.9 | 84.8 |
Akanksha Power annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | CAGR 3 Yrs | CAGR 5 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 |
|---|---|---|---|---|---|---|---|---|---|---|---|
23.7% | 3.4% | 87.9 | 79.3 | 54.2 | 46.4 | 52.1 | 74.4 | 20.7 | 21.8 | ||
Operating Exp. Ann. | 22.6% | 2.2% | 75.3 | 69.6 | 48 | 40.9 | 47 | 67.4 | 18.3 | 19.5 | |
Operating Profit Ann. | 29.1% | 10.2% | 11.2 | 8.1 | 5.3 | 5.2 | 4.8 | 6.9 | 2.3 | 2.1 | |
OPM Ann. % | 4.2% | 6.7% | 12.74% | 10.20% | 9.69% | 11.25% | 9.23% | 9.20% | 11.08% | 9.67% | |
23.7% | 3.1% | 80.3 | 73.3 | 50.4 | 42.4 | 48.6 | 68.9 | 19.5 | 20.6 | ||
EBITDA Ann. | 31% | 12.5% | 12.6 | 9.7 | 6.2 | 5.6 | 5 | 7 | 2.5 | 2.2 | |
EBITDA Ann. margin % | 6% | 8.8% | 14.30% | 12.23% | 11.40% | 11.99% | 9.67% | 9.38% | 11.91% | 10.25% | |
Interest Ann. | 40.4% | 22.6% | 3.6 | 2.7 | 1.9 | 1.3 | 1.4 | 1.3 | 1.1 | 0.9 | |
Depr. | 63% | 45.4% | 1.3 | 1 | 0.6 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | |
PBT Ann. | 23.9% | 6.7% | 7.6 | 5.9 | 3.8 | 4 | 3.4 | 5.5 | 1.2 | 1.2 | |
Tax Ann. | 20% | 3.5% | 1.9 | 1.7 | 1.1 | 1.1 | 1 | 1.6 | 0.4 | 0.4 | |
25.3% | 7.9% | 5.7 | 4.3 | 2.7 | 2.9 | 2.4 | 3.9 | 0.8 | 0.8 | ||
Net Profit Ann. | 25.3% | 7.9% | 5.7 | 4.3 | 2.7 | 2.9 | 2.4 | 3.9 | 0.8 | 0.8 | |
NPM Ann. % | 1.5% | 4.6% | 6.59% | 5.51% | 4.99% | 6.30% | 4.64% | 5.27% | 4.04% | 3.89% | |
EPS Adj. latest Ann. | 24.6% | 7.7% | 2.9 | 2.2 | 1.4 | 1.5 | 1.2 | 2 | 0.4 | 0.4 |
Akanksha Power INFORMATION ON IPO ISSUE
About Akanksha Power
Akanksha Power and Infrastructure was founded on July 1, 2008, with the aim of offering efficient, cost-effective power solutions through APFC panels, AMI infrastructure with smart meters, and power quality measurement products
Object of the Issue
- To meet the capital expenditure requirement of the company
- To meet the working capital requirements of the company
- To meet the general corporate purposes
- To meet the issue expenses
Akanksha Power - PROMOTERS
| Name |
|---|
| Bipin Bihari Das Mohapatra |
| Chaitali Bipin Dasmohapatra |
Akanksha Power Lead Manager to the Issue
Narnolia Financial Services Limited
pankaj.passi@narnolia.com
Akanksha Power Registrar to the Issue
Link Intime India Private Limited
akanksha.ipo@linkintime.co.in
Akanksha Power Strengths
Strong and unique product portfolio
Power supplies constitute one of the core business activities for the company, specifically designed for industrial applications. The product range includes AC-DC switching power supplies, programmable power supplies, DC-DC converters, and power supplies intended for charging storage batteries
Quality and service standards
The company holds an ISO 9001:2015 certification, attesting to its quality management standards in the design, manufacturing, and supply of various electrical products and solutions. These include CTPT, metering units and cubicles, automatic power correction panels, fixed capacitor banks, Thyristor switches, and vacuum contactors. The certification also covers the execution of electrical turnkey projects, among other activities
Akanksha Power Risks
Legal proceedings
The company faces ongoing legal proceedings that could result in penalties and negatively impact the business if resolved adversely
Negative cash flows
The company has experienced negative cash flows from its operating, investing, and financing activities in both current and past years. Continued negative cash flow could adversely affect growth
IPO FAQs
The promoters of the company are Bipin Bihari Das Mohapatra and Chaitali Bipin Dasmohapatra.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 52.0 - 55.0.
The IPO application opens on Dec 27, 2023 and closes on Dec 29, 2023.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 104,000.0, the maximum value for this IPO is Rs 110,000.0.
This IPO will be allotted on Jan 01, 2024.
The refund will be credited to your account on Jan 02, 2024.
The allotted shares will be credited to your demat on Jan 02, 2024.
Akanksha Power and Infrastructure Ltd.’s shares listed on the stock exchanges on Jan 03, 2024.
