Akums Drugs & Pharmaceuticals Ltd
Price Range
₹646 - ₹679
Min. Quantity
22
Closes on
1 August 2024
Min. investment
₹14,938/286 Shares
Akums Drugs & Pharmaceuticals Ltd IPO Timeline
Akums Drugs and Pharmaceuticals Limited was incorporated vide Certificate of Incorporation dated April 19, 2004 and received a Certificate for Commencement of Business dated May 13, 2004 issued by the RoC.
| Event | Date |
|---|---|
| Akums Drugs & Pharmaceuticals Ltd IPO Opening Date | 30 July 2024 |
| Akums Drugs & Pharmaceuticals Ltd IPO Closing Date | 1 August 2024 |
| Basis of Allotment | 2 August 2024 |
| Initiation of Refunds | 5 August 2024 |
| Credit of Shares to Demat | 5 August 2024 |
| Akums Drugs & Pharmaceuticals Ltd IPO Listing Date | 6 August 2024 |
Akums Drugs & Pharmaceuticals Ltd IPO Details
| Akums Drugs & Pharmaceuticals Ltd IPO Date | 30 July 2024 to 1 August 2024 |
| Akums Drugs & Pharmaceuticals Ltd IPO Face Value | ₹2 per share |
| Akums Drugs & Pharmaceuticals Ltd IPO Price | ₹646 to ₹679 per share |
| Akums Drugs & Pharmaceuticals Ltd IPO Lot Size | 22 |
| Issue Size | Shares of ₹2 (aggregating up to ₹1,856.74 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹680 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹1,176.74 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 81,37,276 of the Net Offer |
| Retail Shares Offered | Not less than 27,12,424 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 40,68,637 of the Net Offer |
| Company Promoters | Sanjeev Jain, Sandeep Jain, Akums Master Trust |
Akums Drugs & Pharmaceuticals Ltd IPO Lot Size
The Akums Drugs & Pharmaceuticals Ltd IPO lot size is 22 shares. A retail-individual investor can apply for up to 13 lots (286 shares or ₹1,94,194).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 22 | ₹14,938 |
| Maximum | 13 | 286 | ₹1,94,194 |
- Strengths
- Risks
- Opportunities
- Largest India-focused CDMO serving the Indian domestic pharmaceutical industry.
- Diverse client base with longstanding CDMO relationships.
- Large and rapidly growing R&D capabilities across its product portfolio.
- Strategic presence across the pharmaceutical value chain.
- Experienced and entrepreneurial management team with a proven track record and marquee healthcare focused PE investor.
Company Financials
Akums Drugs & Pharmaceuticals Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 2,095.43 | 1,538.24 | -165.45 |
| 03-2023 | 1,894.21 | 1,382.98 | 125.43 |
| 03-2022 | 1,813.95 | 1,220.54 | -381.77 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment of all or certain borrowings of the company and subsidiary
- Funding incremental working capital requirements of the company
- Pursuing inorganic growth initiatives through acquisitions
- General corporate purposes
Akums Drugs & Pharmaceuticals Ltd IPO Promoter Holding
| Pre Issue Share Holding | 19.43% |
| Post Issue Share Holding | 17.23% |
Akums Drugs & Pharmaceuticals Ltd IPO Subscription Status (Bidding Detail)
The Akums Drugs & Pharmaceuticals Ltd IPO is subscribed 63.56 times on 1 August 2024 05:00:00 PM. The public issue subscribed 21.3 times in the retail category, 90.09 times in the QIB category, and 42.21 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 90.09 | 42.21 | 21.3 | 4.27 | 63.56 |
Akums Drugs & Pharmaceuticals Ltd IPO Prospectus
Akums Drugs & Pharmaceuticals Ltd IPO Listing Date
| Listing Date | 6 August 2024 |
| BSE Script | 544222 |
| NSE Symbol | AKUMS |
| Listing In | BSE, NSE |
| ISIN | INE09XN01023 |
| IPO Price | ₹679 |
| Face Value | ₹2 |
Company Contact Information
304 Mohan Place LSC SaraswatiVihar,Delhi-110034
Phone: +91 11 6904 1000
Email: cs@akums.net
Website: www.akums.in
Akums Drugs & Pharmaceuticals Ltd IPO Registrar
Akums Drugs & Pharmaceuticals Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- Axis Capital Ltd
- Citigroup Global Markets India Pvt Ltd
- Ambit Pvt Ltd
FAQ
What is the issue size of Akums Drugs & Pharmaceuticals Ltd IPO?
I have pre-applied for Akums Drugs & Pharmaceuticals Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.