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Akums Drugs & Pharmaceuticals Ltd

Pharmaceuticals

Offer Period :

30th to 1st Aug 2024

Akums Drugs & Pharmaceuticals Ltd IPO Details

IPO Date 30th to 1st Aug 2024 Minimum Investment ₹14938 / 1 Lots
Listing Date 2024-08-06 Maximum Investment ₹194194 / 13 Lots
Face Value ₹2 per share Total Issue Size ₹1856.74 Crores
Price ₹679 to ₹679 per share Fresh Issue ₹680 Crores
Lot Size 1 Lots (22 Shares) Offer For Sale ₹ [-]
Listing At BSE, NSE Retail Discount ₹ 0
Employee Discount ₹64 per Share Shareholding Pre Issue 147356280 Shares
Issue Type Book Building Shareholding Post Issue 157393996 Shares
IPO Date 30th to 1st Aug 2024
Listing Date 2024-08-06
Face Value ₹2 per share
Price ₹679 to ₹679 per share
Lot Size 1 Lots (22 Shares)
Listing At BSE, NSE
Total Issue Size ₹1856.74 Crores
Employee Discount ₹64 per share
Issue Type Book Building
Minimum Investment ₹14938 / 1 Lots
Maximum Investment ₹194194 / 13 Lots
Fresh Issue ₹680 Crores
Offer For Sale ₹[-] Crores
Retail Discount ₹0 Crores
Shareholding Pre Issue 147356280 Shares
Shareholding Post Issue 157393996 Shares

About Akums Drugs & Pharmaceuticals Ltd IPO

Founding Head: 2004

Managing Director: Sandeep Jain

AKUMS DRUGS AND PHARMACEUTICALS LIMITED Timeline

Important dates for allocation and IPO listing.

30th Jul

IPO Opens

1st Aug

IPO Close

2nd Aug

Allotment Date

5th Aug

Initiation of Refund

5th Aug

Credit of Shares to Demat Account

-

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 82.44 0
Public Group 17.56 0

Akums Drugs & Pharmaceuticals Ltd IPO Reservation

QIB Shares Offered 20343188(74.39%)
NII (HNI) Shares Offered 4068637(14.88%)
Retail Shares Offered 2712425(9.92%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 27345164
Total Shares With Anchor Investor 27345164

Akums Drugs & Pharmaceuticals Ltd IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 22 ₹14938
Retail (Max) 13 286 ₹194194
S HNI (Min) 14 308 ₹209132
S HNI (Max) 66 1452 ₹985908
B HNI (MIN) 67 1474 ₹1000846

Akums Drugs & Pharmaceuticals Ltd IPO Anchor Investor Details

Bid Date
Shares Offered
Anchor Portion Size

Akums Drugs & Pharmaceuticals Ltd IPO Registrar

MUFG Intime India Pvt Ltd
Phone Number +91 810 811 4949
Email Id akumsdrugs.ipo@linkintime.co.in
Our Website www.linkintime.co.in

Akums Drugs & Pharmaceuticals Ltd IPO Lead Manager

1. ICICI Securities Ltd

2. Axis Capital Ltd

3. Citigroup Global Markets India Pvt Ltd

4. Ambit Pvt Ltd

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Akums Drugs & Pharmaceuticals Ltd Financial Information

Period Ended March 31, 2023 March 31, 2022 March 31, 2021
Net Worth ₹311.5 ₹185.54 ₹567.05
Reserves and Surplus ₹282.89 ₹171.23 ₹565.75
Total Borrowing ₹145.59 ₹122.09 ₹22.71

Akums Drugs & Pharmaceuticals Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed
Qualified Institutional Buyers (QIBs) 8137276 733117770 90.09
Non Institutional Investors (NIIs) 4068637 171750128 42.21
NII(Bid amount of more than Ten Lakh Rupees) 0 0 0
NII(Bid amount of more than 2 Lakh < 10 Rupees) 0 0 0
Retail Individual Investors (RIIs) 2712424 57770020 21.3
Total 15162239 963679134 63.56

Strength of Akums Drugs & Pharmaceuticals Ltd

1. Largest India-focused CDMO serving the Indian domestic pharmaceutical industry.

2. Diverse client base with longstanding CDMO relationships.

3. Large and rapidly growing R&D capabilities across its product portfolio.

4. Strategic presence across the pharmaceutical value chain.

5. Experienced and entrepreneurial management team with a proven track record and marquee healthcare focused PE investor.

Risks Involved

1. Its manufacturing units and research and development centres are concentrated in Haridwar, Uttarakhand and the company is exposed to risks originating from economic, regulatory, political and other changes in this region, including natural disasters, which could adversely affect its business, results of operations and financial condition.

2. Any slowdown or shutdown in its manufacturing and research and development operations could have an adverse effect on its business, results of operations, financial condition and cash flows.

3. Any manufacturing or quality control concerns or its inability to deliver products on a timely basis, or at all, could result in the cancellation of purchase orders, breaches of relevant agreements, and termination of agreements by its clients and distributors, which could have an adverse effect on its business, results of operations, financial condition and cash flows.

4. Its manufacturing units are subject to periodic inspections and audits by regulatory authorities and clients. The company may be subject to regulatory action which may damage its reputation leading to an adverse effect on the company's business, results of operations, financial condition and cash flows.

5. The company relies on domestic and international third-party suppliers for the supply of raw materials and any delay, interruption or reduction in such supply could adversely affect its business, results of operations, financial condition and cash flows.

6. The Company had issued Equity Shares to more than 49 investors in the past, which may have been in non-compliance with the Companies Act, 1956.

7. The company import some of its raw materials from China and other countries and source its remaining raw materials domestically. Any delay, interruption or reduction in the supply of such raw materials could adversely affect its business, financial condition and results of operations.

8. Its success depends on the company's ability to successfully develop and commercialize new products in a timely manner. Any failures to do so could adversely affect its business, results of operations and financial condition.

9. Certain of its corporate records, filings and instruments of transfer are not traceable. Its cannot assure you that no legal proceedings or regulatory actions will be initiated against the company in the future in relation to any such discrepancies.

10. The company has incurred losses in the past and may incur losses in the future.

Why should you invest in

-

Akums Drugs & Pharmaceuticals Ltd Financials

Particulars For the financial year ending (in ₹ million)
  2024 2023 2022
Total Assets 3516.36 3266.53 3069.05
Total Liabilities 3516.36 3266.53 3069.05
Total Expenses 4231.45 3519.89 3874.95
Total Revenue 
4212.21 3744.89 3694.52
Profit After Tax -4.03 94.86 -252.54
EBITDA 130.98 309.35 -81.86
Adjusted EBITDA 0 0 0

AKUMS DRUGS AND PHARMACEUTICALS LIMITED IPO Contact Details

AKUMS DRUGS AND PHARMACEUTICALS LIMITED
Phone Number +91 11 6904 1000
Email Id cs@akums.net
Address 304 Mohan Place LSC Saraswati, Vihar, Delhi, Delhi, 110034
Our Website www.akums.in

Akums Drugs & Pharmaceuticals Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-08-06 544222 AKUMS
INE09XN01023
₹679 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹679 ₹679
Open ₹725 ₹725
Low ₹724.5 ₹725
High ₹797.45 ₹797.5
Low ₹724.5 ₹725

Frequently Asked Questions

What is Akums Drugs & Pharmaceuticals Ltd IPO?

Answer Field

Akums Drugs & Pharmaceuticals Ltd IPO is a Mainboard IPO of 2,73,45,164 equity shares of a face value of ₹2 aggregating up to ₹1856.74 Crores. The issue is priced at ₹679 to ₹679 per share. The minimum order quantity is 22 Shares. The IPO opens on July 30, 2024, and closes on August 01, 2024. MUFG Intime India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE,NSE.

When Akums Drugs & Pharmaceuticals Ltd IPO will open?

Answer Field

The Akums Drugs & Pharmaceuticals Ltd IPO opens on July 30, 2024 and closes on August 01, 2024.

What is the lot size of Akums Drugs & Pharmaceuticals Ltd?

Answer Field

Akums Drugs & Pharmaceuticals Ltd lot size is 22 shares, and the minimum amount required is ₹14,938.

How to apply for Akums Drugs & Pharmaceuticals Ltd IPO?

Answer Field

You can apply in Akums Drugs & Pharmaceuticals Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Akums Drugs & Pharmaceuticals Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Akums Drugs & Pharmaceuticals Ltd IPO will be done on August 02, 2024, and the allotted shares will be credited to your demat account by August 05, 2024.

When is Akums Drugs & Pharmaceuticals Ltd IPO listing date?

Answer Field

The Akums Drugs & Pharmaceuticals Ltd listing date is August 06, 2024.

Who is the registrar of Akums Drugs & Pharmaceuticals Ltd IPO?

Answer Field

The registrar of Akums Drugs & Pharmaceuticals Ltd IPO is MUFG Intime India Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

ICICI Securities Ltd,Axis Capital Ltd,Citigroup Global Markets India Pvt Ltd,Ambit Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Akums Drugs & Pharmaceuticals Ltd IPO?

Answer Field

The fresh issue size is ₹680 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Akums Drugs & Pharmaceuticals Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 22 shares and ₹14,938 amount.

How can I approve the UPI mandate request for Akums Drugs & Pharmaceuticals Ltd IPO?

Answer Field

To apply for Akums Drugs & Pharmaceuticals Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Akums Drugs & Pharmaceuticals Ltd?

Answer Field

The price of each Akums Drugs & Pharmaceuticals Ltd share will be ranging in between ₹679 to ₹679 per share.

What is the cut-off time for the UPI mandate for Akums Drugs & Pharmaceuticals Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, August 01, 2024.

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