
Akums Drugs and Pharmaceuticals
Mainboard₹14,938 / 22 Shares
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
NO REVIEWAkums 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.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 22 | ₹14,938 |
| Retail (Max) | 13 | 286 | ₹1,94,194 |
| S-HNI (Min) | 14 | 308 | ₹2,09,132 |
| S-HNI (Max) | 66 | 1452 | ₹9,85,908 |
| B-HNI (Min) | 67 | 1474 | ₹10,00,846 |
Akums Drugs and Pharmaceuticals IPO Timeline
Issue Price
₹646-679 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
ICICI Securities LimitedAxis Bank LimitedCitigroup Global Markets India Private LimitedAmbit Private LimitedIssue 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 Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 3516.37 | 4212.21 | 0.79 | 709.50 | 861.01 | 491.56 |
| 31 Mar 23 | 3266.53 | 3700.93 | 97.82 | 717.19 | 868.70 | 536.97 |
| 31 Mar 22 | 3069.05 | 3694.52 | -250.87 | 621.98 | 787.79 | 357.95 |
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
0.69RoNW
-0.57PAT Margin
0.02Price to Book Value
13.69Promoters & Share Holding
Promoter(s) Name
- Sanjeev Jain
- Sandeep Jain
- Akums Master Trust
| Share Holding Pre Issue | Share 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.
Akums Drugs and Pharmaceuticals IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 8,137,276 | 4,068,637 2,712,425 1,356,212 | 2,712,424 | 15,162,239 |
Day 1 -30-07-24 05:00 PM | 0.43 x | 1.96 2.04 x 1.80 x | 3.35 x | 1.37 x |
Day 2 -31-07-24 05:00 PM | 0.96 x | 8.48 8.87 x 7.70 x | 8.98 x | 4.43 x |
Day 3 -01-08-24 05:00 PM | 90.09 x | 42.10 47.43 x 31.45 x | 20.80 x | 63.44 x |
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 034Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: akumsdrugs.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
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.
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.
