
Healthcare · NSE / BSE
Established in 2004, Akums Drugs and Pharmaceuticals Limited is a leading pharmaceutical CDMO providing end-to-end solutions in product development, manufacturing, R&D, regulatory dossier preparation, and testing for domestic and international markets. The company manufactures and sells branded drugs and APIs, with a diverse portfolio that includes tablets, capsules, liquids, injectables, eye drops, topicals, and even gummy bears. Akums has commercialized 4,025 formulations across more than 60 dosage forms and served 26 of India’s top 30 pharmaceutical companies by revenue in FY 2023. With 10 manufacturing units offering a combined annual capacity of 49.21 billion units and plans to commission two more by FY 2025, the company continues to scale its operations. Many of its facilities are accredited by global regulatory authorities such as EU-GMP, WHO-GMP, and US NSF. As of September 30, 2023, Akums employed 16,463 personnel, including 7,211 full-time and 9,252 contract staff.
Price Band
₹646 – ₹679
Issue Size
₹1857 Cr
Lot Size
22 shares
GMP
+6.3%
Est. Listing
₹722
at current GMP
Subscribed
63.56x
overall
Open
30 Jul 2024
Close
1 Aug 2024
Allotment
2 Aug 2024
Refund
3 Aug 2024
Demat Credit
4 Aug 2024
Listing
6 Aug 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹679
Band: ₹646 – ₹679
Estimated Listing Price
₹722
Upper price + GMP
Lot Size
22 shares
Min investment ₹14,938
Estimated Profit / Lot
₹946
22 × ₹43
Grey Market Premium trend
+₹43
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹43 | 6.3% | ₹722 |
| 30 Oct 2026 | +₹43 | 6.3% | ₹722 |
| 29 Oct 2026 | +₹39 | 5.7% | ₹718 |
GMP is unofficial market data. Not a guarantee of listing performance.
Akums Drugs and Pharmaceuticals Limited is bringing an initial public offering (IPO) in the Healthcare sector with an aggregate issue size of ₹1,856.74 Crores. The shares are offered at a price band of ₹646 to ₹679 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 22 shares (approx. ₹14,938 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-04, while un-allotted funds or UPI block mandates will be released on 2024-08-03.
The latest grey market premium for Akums Drugs and Pharmaceuticals Limited IPO is ₹43, which indicates an expected listing price of ₹722.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.