Akums Drugs IPO Date, Review, Price, Allotment Details

Established in 2004, Akums Drugs and Pharmaceuticals is a pharmaceutical contract development and manufacturing organization (“CDMO”) offering a comprehensive range of pharmaceutical products and services in India and overseas. As one of the leading CDMOs in India, they own the intellectual property for the manufacturing processes of several of their formulations, and their core business is focused on providing end-to-end product development and manufacturing solutions to their clients. Some of their other services include formulation research and development (“R&D”), preparation and filing of regulatory dossiers in the Indian and global markets, and other testing services. In addition to its core CDMO business, they are also engaged in the manufacturing and sale of branded pharmaceutical formulations and active pharmaceutical ingredients (“APIs”).

They are the largest India-focused CDMO in terms of revenue, production capacity and clients served during the Financial Year 2023 (among CDMOs assessed by F&S) (Source: F&S Report). As a CDMO, they produce an extensive range of dosage forms including tablets, capsules, liquid orals, vials, ampoules, blow-filled seals, topical preparations, eye drops, dry powder injections, and gummies, among others (Source: F&S Report). During the Financial Year 2024, they had a market share of 30.2% of the Indian domestic CDMO market by value, which increased from 26.7% during the Financial Year 2021 (Source: F&S Report).

Objects of the Issue

• Repayment/ prepayment of indebtedness of the company and its Subsidiaries;
• Funding incremental working capital requirements of the company;
• Pursuing inorganic growth initiatives through acquisitions; and
• General corporate purposes.

Akums Drugs IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

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Akums Drugs IPO Date & Price Band Details

Akums Drugs IPO Market Lot

The Akums Drugs and Pharmaceuticals IPO minimum market lot is 22 shares with ₹14,938 application amount. The retail investors can apply up-to 13 lots with 286 shares or ₹194,194 amount.

Akums Drugs IPO Allotment & Listing Dates

The Akums Drugs and Pharmaceuticals IPO date is July 30 and the close date is August 1. The Akums Drugs and Pharmaceuticals IPO allotment will be finalized on August 2 and the IPO listing on August 6.

You can check IPO subscription status and IPO allotment status on their respective pages.

Akums Drugs and Pharmaceuticals IPO Form

How to apply for the Akums Drugs and Pharmaceuticals IPO? You can apply for Akums Drugs and Pharmaceuticals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Akums Drugs and Pharmaceuticals IPO in the Invest section. The other option is you can apply for Akums Drugs and Pharmaceuticals IPO via IPO forms downloaded via NSE and BSE. Check out the Akums Drugs and Pharmaceuticals forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Akums Drugs and Pharmaceuticals Company Financial Report

Akums Drugs and Pharmaceuticals IPO Valuation – FY2024

Check Akums Drugs and Pharmaceuticals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Divi’s Laboratories
• Suven Pharma
• Gland Pharma
• Torrent Pharma
• Alkem Laboratories
• Eris Lifesciences
• JB Chemicals
• Mankind Pharma
• Innova Captab

Company Promoters

• Sanjeev Jain
• Sandeep Jain
• Akums Master Trust 

Akums Drugs and Pharmaceuticals IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Akums Drugs and Pharmaceuticals IPO Allotment Status Check

Check Akums Drugs and Pharmaceuticals IPO allotment status on Linkintime website allotment URL. Click Here

Akums Drugs and Pharmaceuticals IPO Lead Managers aka Merchant Bankers

• ICICI Securities Limited
• Axis Bank Limited
• Citigroup Global Markets India Private Limited
• Ambit Private Limited

Company Address

Akums Drugs and Pharmaceuticals Limited
304, Mohan Place,
LSC Saraswati Vihar,
Delhi – 110 034
Phone: +91 11 6904 1000
Email: [email protected]
Website: http://www.akums.in/

Akums Drugs and Pharmaceuticals IPO FAQs