The Akums Drugs and Pharmaceuticals has begun on 30-July-2024. It will close on 01-Aug-2024. The Total IPO Size is 1,856.74 Crore. The company set its IPO price is 679 Rs Per Share.
Basically, there are three basic categories in Akums Drugs and Pharmaceuticals IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Akums Drugs and Pharmaceuticals is incorporated in 2004.
Akums Drugs and Pharmaceuticals is a pharmaceutical contract development and manufacturing organization (“CDMO”) offering a comprehensive range of pharmaceutical products and services in India and overseas.
They are also engaged in the manufacturing and sale of branded pharmaceutical formulations and active pharmaceutical ingredients (“APIs”).
They produce an extensive range of dosage forms including tablets, capsules, liquid orals, vials, ampoules, blow-filled seals, topical preparations, eye drops, dry powder injections, and gummies, among others.
They have manufactured 4,025 commercialised formulations across over 60 dosage forms and operate 10 manufacturing units.
The key clients for our CDMO business include Alembic Pharmaceuticals, Alkem Laboratories, Blue Cross Laboratories, Cipla, Dabur India, Dr. Reddy’s Laboratories, Hetero Healthcare, Ipca Laboratories, Mankind Pharma, MedPlus Health Services, Micro Labs, Mylan Pharmaceuticals, Natco Pharma, Sun Pharmaceutical Industries, UCB, and Amishi Consumer Technologies (The Mom’s Co), among others.
Akums Drugs and Pharmaceuticals Promoters
Sanjeev Jain, Sandeep Jain, and Akums Master Trust is a Promotors of the company.
Akums Drugs and Pharmaceuticals IPO Date, Details & Price Band
The Akums Drugs and Pharmaceuticals IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
IPO Opening Dates | 30-July-2024 |
IPO Closing Dates | 01-Aug-2024 |
Price Band | 646-679 Rs |
Fresh Issue | 680 Crore |
Offer for sale IPO size | 1,176.74 Crore |
Total IPO size | 1,856.74 Crore |
Minimum bid (lot size) | 22 Shares |
Employee Discount | 64 Rs |
Face Value | 2 INR Per Share |
Issue Type | Book Built Issue IPO |
QIB Allocation | 75% |
HNI Allocation | 15% |
Retail Allocation | 10% |
Listing On | NSE, BSE |
Akums Drugs and Pharmaceuticals IPO Market Lot
The Akums Drugs and Pharmaceuticals IPO minimum market lot is 22 shares With 14,938 ₹ Amount per application.
Lot | No of Shares | Amount | |
Retail Minimum | 1 | 22 | 14,938 ₹ |
Retail Maximum | 13 | 286 | 194,194 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
Total Assets | Total Revenue | Profit After Tax | |
31-Mar-24 | 3,516.37 | 4,212.21 | 0.79 |
31-Mar-23 | 3,266.53 | 3,700.93 | 97.82 |
31-Mar-22 | 3,069.05 | 3,694.52 | -250.87 |
Akums Drugs and Pharmaceuticals IPO GMP & Grey Market Premium
Akums Drugs and Pharmaceuticals IPO GMP Grey market premium has been started today. Check Latest Akums Drugs and Pharmaceuticals IPO GMP, Kostak Rates and Subject to Sauda Price here.
Akums Drugs and Pharmaceuticals IPO Prospectus
Akums Drugs and Pharmaceuticals IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Akums Drugs and Pharmaceuticals IPO Prospectus.
DRHP | Download |
RHP | Download |
Anchor List | Download |
Akums Drugs and Pharmaceuticals IPO Form Download
Akums Drugs and Pharmaceuticals IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Akums Drugs and Pharmaceuticals IPO forms.
Akums Drugs and Pharmaceuticals IPO Allotment Date & Details
Allotment Date | 02-August-2024 |
Initiation of refunds | 05-August-2024 |
Transfer of shares to Demat accounts | 05-August-2024 |
Listing Date | 062-August-2024 |
Check Allotment Status | Click here |
Registrar of Akums Drugs and Pharmaceuticals
Linkintime India Private Limited
Registered Office: C-101, 247 Park, 1st Floor,
L.B.S. Marg, Vikhroli West, Mumbai – 400 083, Maharashtra,
India.
Telephone: +91 8108114949
E-mail: [email protected]
Website: www.linkintime.com
Contact Person: Shanti Gopalkrishnan
SEBI Registration No: INR000004058
Akums Drugs and Pharmaceuticals Contact Details
Akums Drugs and Pharmaceuticals Limited
304, Mohan Place,
LSC Saraswati Vihar,
Delhi – 110 034
Phone: +91 11 6904 1000
Email: [email protected]
Website: http://www.akums.in/
Akums Drugs and Pharmaceuticals IPO Lead Managers
ICICI Securities Limited ICICI Venture
Axis Capital Limited
Citigroup Global Markets India Private Limited
Ambit Private Limited