The Akums Drugs and Pharmaceuticals IPO minimum market lot is 22 shares with ₹14,938 application amount. The Akums Drugs and Pharmaceuticals IPO is a Mainline IPO, and it is to be listed on BSE and NSE.
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”).
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Akums Drugs IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.43 | 0.96 | 90.09 |
| NII | 1.97 | 8.49 | 42.10 |
| bNII | 2.04 | 8.87 | 47.43 |
| sNII | 1.82 | 7.73 | 31.45 |
| RII | 3.42 | 9.05 | 20.80 |
| Total | 1.39 | 4.45 | 63.44 |
Akums Drugs IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Akums Drugs IPO Review
- May Apply
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 online. Check out the Akums Drugs and Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
