
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
Overall Subscription
63.56x
Total Demand
QIB Multiplier
90.09x
Institutions & Funds
NII / HNI
42.21x
High Net-Worth
Retail (RII)
21.30x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 8,137,276 | 733,117,770 | 90.09x |
| NIB | 4,068,637 | 171,750,128 | 42.21x |
| HNIs(10L +) | 2,712,424 | 128,649,664 | 47.43x |
| HNIs (2-10L) | 1,356,212 | 43,100,464 | 31.78x |
| RETAIL | 2,712,424 | 57,770,020 | 21.30x |
| EMPLOYEES | 243,902 | 1,041,216 | 4.27x |
| Total | 19,230,875 | 1,135,429,262 | 63.56x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 8,807 | 84,932 | 9.64x |
| HNIs (2-10L) | 4,403 | 135,305 | 30.73x |
| RETAIL | 123,292 | 2,104,030 | 17.07x |
| Total Applications | 136,502 | 2,324,267 | 17.03x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Akums Drugs and Pharmaceuticals Limited IPO is ₹43 per equity share. Based on the upper price band of ₹646 to ₹679 per equity share, the estimated listing price is ₹722 (+6.3% expected listing gain).
With a lot size of 22 shares and current GMP of ₹43, the expected profit per application lot is approx ₹946 (+6.3% gain). Minimum application cost is approx ₹14,938.
The Akums Drugs and Pharmaceuticals Limited IPO aggregate issue size is ₹1,856.74 Crores with an equity price band set at ₹646 to ₹679 per equity share. The retail lot size is 22 shares requiring a minimum capital outlay of approx. ₹14,938.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 63.56x (Retail: 21.30x, QIB: 90.09x, NII: 42.21x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-08-02. Investors can verify status using PAN card or application number.
Akums Drugs and Pharmaceuticals Limited shares are scheduled to list on NSE and BSE on 2024-08-06.