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Akums Drugs and Pharmaceuticals Limited IPO Subscriptions Status Live Today

 

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Akums Drugs and Pharmaceuticals Limited IPO

July 30, 2024 - August 01, 2024 Closed
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Akums Drugs and Pharmaceuticals Limited IPO Details

Issue Open

30 July 2024

Issue Close

01 August 2024

IPO Price

₹646 - ₹679 per equity share

Face Value

₹2 per equity share

IPO Size

₹1856.74 Cr.

Listing At

NSE, BSE

IPO Lot Size

22 shares


IPO Investor Categories


• Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs are required to meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO, and they are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.


• Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.


NII category has two subcategories:


1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.


2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.


• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO, aimed at encouraging retail participation in the IPO process.


• Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.

• Others- A category of eligible shareholders or other investors who have a reserved quota in the IPO.




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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