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Akums Drugs and Pharmaceuticals Limited IPO Date, Price, Review and Details

 

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Akums Drugs and Pharmaceuticals Limited IPO

July 30, 2024 - August 01, 2024 Closed

Akums Drugs and Pharmaceuticals Limited IPO

Akums Drugs and Pharmaceuticals Limited IPO was Founded in 2004, They are a pharmaceutical company that develops and manufactures medicines for other companies both in India and internationally. As a leading CDMO in India, they hold patents for many of their production methods. Their main business is offering their clients complete product development and manufacturing services. They actively market their own branded medicines in India and worldwide through their subsidiaries, Akumentis and Unosource. Akumentis specializes in areas like gynecology, cardiology, orthopedics, and pediatrics.

Company Promoters

  • Sanjeev Jain
  • Sandeep Jain
  • Akums Master Trust

Objects of this Issue:

  • Repayment/ prepayment of indebtedness of their Company.
  • Repayment/ prepayment of indebtedness of their Subsidiaries, namely Maxcure Nutravedics Limited and Pure and Cure Healthcare Private Limited.
  • They were funding incremental working capital requirements of their Company.

Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2024

As on 31 Mar 2023

As on 31 Mar 2022

Total Assets

15,754.81

13,423.68

11,774,32

Total Liabilities

27,958.79

25,431.53

24,438.77

Net Profit

0.79

97.82

-250.87

Akums Drugs and Pharmaceuticals Limited IPO Schedule

1.     Bid or Offer Opens on: 30 July 2024
2.     Bid or Offer Closes on: 1 August 2024
3.     Finalization of BoA: 02 August 2024
4.     Initiation of Refunds: 05 August 2024
5.     Credit of share to Demat account: 05 August 2024
6.     Listing Date: 06 August 2024

Akums Drugs and Pharmaceuticals Limited IPO Lot Size

The market lot size of the AKUMS DRUGS AND PHARMACEUTICALS LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Application

Lots

Shares

Amount

Retail

Minimum

1

22

₹14,938

Maximum

13

286

₹194,194

S-HNI

Minimum

14

3,08

₹209,132

S-HNI

Maximum

66

1,452

₹985,908

B-HNI

Minimum

67

1,474

₹1,000,846

Company Contact Details:

Akums Drugs and Pharmaceuticals Limited IPO

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

Phone: + 91 11 6904 1000

Email: cs@akums.net

Website: www.akums.in

 

Akums Drugs and Pharmaceuticals Limited IPO Registrar Details:

Link Intime India Private Limited

C-101, 1st Floor, 247 ParkLal Bahadur Shastri Marg,

Vikhroli (West) Mumbai 400 083 Maharashtra

Phone:  +91 810 811 4949

Email:  akumsdrugs.ipo@linkintime.co.in

Website:www.linkintime.co.in

 

Frequently Asked Question

Investors can apply for the IPO through ASBA (Application Supported by Blocked Amount) via their bank's net banking portal or by submitting a physical application form at their bank or broker.
Post-issue shareholdings of Akums Drugs and Pharmaceuticals Limited IPO promoters are [.]%.
Akums Drugs and Pharmaceuticals Limited IPO will get listed on August 06, 2024.
You will receive the allotted shares in your Demat account on July 02, 2024.
akums drugs& pharmaceuticals ltd will be closed on 01 August 2024.
Market lot size of the Akums Drugs and Pharmaceuticals Limited IPO is 22 shares.
You can apply for an IPO from any place via the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stockbroker. You can invest in Akums Drugs and Pharmaceuticals Limited IPO by using any one of these methods at your convenience.
Pre-issue shareholdings of akums drugs and pharmaceuticals ltd market promoters are 84.94%.
akums drugs & pharmaceuticals ltd is going to open on 30 July 2024.
Price of 1 share of Akums Drugs and Pharmaceuticals Limited IPO is ₹646 to ₹679.
The company is expected to grow due to [mention growth factors such as industry trends, expansion plans, new product lines, etc.
Link Intime India Private Limited is the registrar of Akums Drugs and Pharmaceuticals Limited IPO.
The meaning of "Akums Drugs and Pharmaceuticals Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Akums Drugs and Pharmaceuticals Limited IPO on the current day.
Akums Drugs and Pharmaceuticals Limited IPO shares will get listed at NSE, BSE.
Face value of equity shares of Akums Drugs and Pharmaceuticals Limited IPO is ₹2.
If you do not get the allotment of Akums Drugs and Pharmaceuticals Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
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