Akiko Global Services Limited

About the company

## **About Akiko Global Services Limited** Incorporated in 2018, Akiko Global Services Limited is currently working as a Channel Partner (DSA) for major Banks / NBFCs. The company specializes in selling credit cards and personal loans on behalf of banks and financial institution in India. Their business model involves tele-calling, corporate activities, as well as a feet-on-street and digital marketing model to acquire customers digitally. Their proficiency lies in the field of credit cards and loans, empowering them to offer extensive guidance and assistance to individuals and businesses as they navigate the expansive landscape of financial products. Whether it's finding the right credit card for maximizing rewards and benefits, or securing the most suitable loan for personal or business needs, their team is dedicated to delivering informed and tailored recommendations. They predominantly focus on sustainable growth and expanding their customer base, in line with their successful business model which includes telemarketing, feet-on-street, digital marketing, and corporate activities. They believe that comprehensive business strategy, backed by their experienced team and extensive database of target segment customers, will enable them to achieve goals. Their website, Money Fair (https://themoneyfair.com/), powered by Akiko is an algorithm-based platform that gathers and analysis data of individuals from various sources and draws insights to ascertain their credit worthiness, their past and current performance that helps in easy comparison of 248 multiple offers available to a person and offers unbiased advice. This differentiated approach helps to find prospects that are low on risk and high on promise thus opening up various opportunities and possibilities. The Money Fair works with scaling – up strategy and service delivery efficiency along with new-age tech-enabled agility, it takes the relevant applications to multiple lenders, increasing the chances to secure a loan or a card and creates choice for customers to pick the ones they wish.. Akiko Global Services Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Implementation of ERP Solution and TeleCRM  1. Mobile Application for financial product solution 1. To meet working capital requirements 1. Enhancing visibility and awareness of our brands, including but not limited to “Akiko Global” or “Moneyfair”  1. General Corporate Purpose 1. Issue Expenses.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   25 Jun 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   27 Jun 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   27 Jun 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   01 Jul 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   01 Jul 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   02 Jul 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.