Akums Drugs and Pharmaceuticals

Akums Drugs and Pharmaceuticals

Mainboard

₹14,938 / 22 Shares

Offer Date:Jul 30, 2024 - Aug 1, 2024
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Akums Drugs and Pharmaceuticals IPO Details

The Akums Drugs and Pharmaceuticals IPO price band is set between ₹646-679 per equity share, with a face value of ₹2 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 30 Jul, 2024 and closes on 1 Aug, 2024. Investors can check the allotment status on 2 Aug, 2024, while the listing date is tentatively scheduled for 6 Aug, 2024.

The total issue size is Total ₹1,856.74 Cr :#Fresh Issue : 10,014,727 shares, aggregating up to ₹680.00 Cr. Stay tuned for the latest Akums Drugs and Pharmaceuticals IPO review and GMP updates.

Akums Drugs and Pharmaceuticals IPO Review, Rating & Analysis

Akums Drugs and Pharmaceuticals IPO Review

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Akums Drugs and Pharmaceuticals IPO Rating

Akums Drugs and Pharmaceuticals IPO Highlights

IPO Date

Jul 30, 2024 - Aug 1, 2024

Listing Date

6 Aug, 2024

Face Value

₹2 Per Equity Share

Price Band

₹646-679 per equity share

Lot Size

22 Shares

Fresh Issue

10,014,727 Shares

Offer for Sale

17,330,435 shares of ₹2

Listing At

BSE, NSE

Akums Drugs and Pharmaceuticals IPO Lot Size

The minimum market lot for Akums Drugs and Pharmaceuticals IPO is 22 shares with an application amount of ₹14,938. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)122₹14,938
Retail (Max)13286₹1,94,194
S-HNI (Min)14308₹2,09,132
S-HNI (Max)661452₹9,85,908
B-HNI (Min)671474₹10,00,846

Akums Drugs and Pharmaceuticals IPO Timeline

IPO Open Date
30 Jul, 2024
IPO Close Date
1 Aug, 2024
Basis of Allotment
2 Aug, 2024
Listing Date
6 Aug, 2024

Issue Price

₹646-679 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

Lead Manager

ICICI Securities LimitedAxis Bank LimitedCitigroup Global Markets India Private LimitedAmbit Private Limited

Issue Size

Total ₹1,856.74 Cr :
#Fresh Issue : 10,014,727 shares(aggregating up to ₹680.00 Cr) +
#OFS : 17,330,435 shares of ₹2(aggregating up to ₹1,262.83 Cr)

Akums Drugs and Pharmaceuticals IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 243516.374212.210.79709.50861.01491.56
31 Mar 233266.533700.9397.82717.19868.70536.97
31 Mar 223069.053694.52-250.87621.98787.79357.95

All values are in ₹ Cr.

Akums Drugs and Pharmaceuticals IPO Valuations

EPS Pre IPO

₹/-

EPS Post IPO

₹/-

PE Pre IPO

-

PE Post IPO

-

ROE

0.11%

ROCE

3.37%

Debt Equity

0.69

RoNW

-0.57

PAT Margin

0.02

Price to Book Value

13.69

Promoters & Share Holding

Promoter(s) Name

  • Sanjeev Jain
  • Sandeep Jain
  • Akums Master Trust
Share Holding Pre IssueShare Holding Post Issue
84.94%N/A%

About Company

Akums Drugs and Pharmaceuticals Limited is a pharmaceutical contract development and manufacturing organization (CDMO) offering a comprehensive range of pharmaceutical products and services in India and overseas.

The company primarily provides end-to-end solutions for product development and manufacturing as well as research and development (R&D) of formulations, preparation and submission of regulatory dossiers in the Indian and global markets and other testing services. The company is also engaged in the manufacture and sale of branded drugs and active pharmaceutical ingredients (APIs).

As a CDMO, the company manufactures a wide range of dosage forms including tablets, capsules, liquid medicines, vials, ampoules, blow-filled closures, topical preparations, eye drops, dry powder injections and gummy bears, to name a few.

The company has produced a total of 4,025 commercialized formulations in over 60 dosage forms. In the financial year 2023, the company manufactured formulations for 26 of the top 30 pharmaceutical companies in India in terms of revenue. For its CDMO business, the company operates 10 manufacturing units with a cumulative production capacity of 49.21 billion units annually (as of September 30, 2023).

The company plans to expand its production capacity with two additional production units for its CDMO business to be commissioned in FY 2025. Some of its production facilities have been accredited by various global regulatory bodies such as the European Good Manufacturing Practice (EU-GMP), the World Health Organization Good Manufacturing Practice (WHO-GMP) and the United States National Sanitation Foundation (US NSF).

As of September 30, 2023, Akums Drugs and Pharmaceuticals had a total of 16,463 employees, including 7,211 full-time employees and 9,252 contract employees.

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Akums Drugs and Pharmaceuticals IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved8,137,276
4,068,637

2,712,425    1,356,212
2,712,42415,162,239
Day 1 -30-07-24 05:00 PM
0.43 x
1.96

2.04 x   1.80 x
3.35 x1.37 x
Day 2 -31-07-24 05:00 PM
0.96 x
8.48

8.87 x   7.70 x
8.98 x4.43 x
Day 3 -01-08-24 05:00 PM
90.09 x
42.10

47.43 x   31.45 x
20.80 x63.44 x
Total No. of Applications:23,44,029 (Approx)
Retail Subscription:

Retail:17.07x

BHNI:9.64x

SHNI:30.73x times

Company Contact Details

Akums Drugs and Pharmaceuticals

304, Mohan Place, LSC Saraswati Vihar, Delhi - 110 034

Phone: +91 11 6904 1000

Email: cs@akums.net

Website: http://www.akums.in/

Registrar Contact Details

Link Intime India Private Ltd

Frequently Asked Questions about Akums Drugs and Pharmaceuticals IPO

When will Akums Drugs and Pharmaceuticals IPO open for subscription?

The Akums Drugs and Pharmaceuticals IPO opens on 30 Jul, 2024 and closes on 1 Aug, 2024.

What is the investors portion for Akums Drugs and Pharmaceuticals IPO?

The investors' portion for QIB is 90.09 x, NII is 47.43 x, and Retail is 20.80 x.

How to apply for Akums Drugs and Pharmaceuticals IPO?

You can apply for Akums Drugs and Pharmaceuticals IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Akums Drugs and Pharmaceuticals IPO?

The issue size of Akums Drugs and Pharmaceuticals IPO is approx ₹Total ₹1,856.74 Cr :#Fresh Issue : 10,014,727 shares(aggregating up to ₹680.00 Cr) +#OFS : 17,330,435 shares of ₹2(aggregating up to ₹1,262.83 Cr) crores.

What is the price band of Akums Drugs and Pharmaceuticals IPO?

The price band for Akums Drugs and Pharmaceuticals IPO is ₹646 to ₹679 per equity share.

What is the lot size of Akums Drugs and Pharmaceuticals IPO?

The minimum bid (lot size) for Akums Drugs and Pharmaceuticals IPO is N/A shares with an investment of approx ₹14,938 .

What is the allotment date of Akums Drugs and Pharmaceuticals IPO?

The allotment date for Akums Drugs and Pharmaceuticals IPO is 2 Aug, 2024.

What is the listing date of Akums Drugs and Pharmaceuticals IPO?

The listing date for Akums Drugs and Pharmaceuticals IPO is expected to be 6 Aug, 2024.

What is the GMP of Akums Drugs and Pharmaceuticals IPO?

The latest Grey Market Premium (GMP) for Akums Drugs and Pharmaceuticals IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

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