Akums Drugs and Pharmaceuticals Limited is presenting an IPO of approximately Rs 1856.74 crore in front of all of you. The company has stated that it is bringing new shares worth approximately Rs 680 crore. The sole objective of the company selling its current shares of Rs 1176.74 crore is to reduce its financial deficit and support corporate objectives. Today’s article will make you aware of important information regarding the review of Akums Drugs and Pharmaceuticals IPO, for which you have to reach the end of this article.
Akums Drugs and Pharmaceuticals Limited IPO Allotment Status
AKUMS Drugs and Pharmaceuticals has fixed the issue band price for the company from Rs 646 to Rs 679. You can bid for a minimum of one lot, i.e., 22 shares.
If you apply for one lot as per the upper price band of the IPO, then you have to invest a total of Rs 14938 as per Akums Drugs and Pharmaceuticals Limited IPO Allotment Status at the rate of Rs 679. And if you apply for a maximum of 13 lots in the same manner, then you have to invest Rs 194,194 as per the upper price band.
Akums Drugs IPO Drugs Overview
| Company name | Akums drugs and Pharmaceuticals |
| NET worth as on 31 march 2024 | 709.50 Crore Rs. |
| Bidding Date | 30 July 2024 to 01 August 2024 |
| List share date on bse and nse | 06 August 2024 |
| Price band | 646 Rs. To 679 Rs. |
| Company established in | 2004 |
| Sharing in issues | 75 percent for QIB
10 percent for retail investors 15 Percent for non institutional investors |
Akums Drugs and Pharmaceuticals IPO Review
This information is being received as per the Akums Drugs and Pharmaceuticals IPO Review of Akums Drugs and Pharmaceutical Company. It is mentioned in it that before the opening of the IPO, the gray market of the company’s shares had reached a premium of ₹170; in such a situation, it is now expected that its upper price band is Rs. 679, and now its listing estimate is up to 849.
However, this is just an estimate; you will get the real information only after listing. Akums Drugs and Pharmaceuticals Company has reserved up to 10% of its issue for retail investors, while the remaining 75% is reserved for qualified institutional buyers and the remaining 15% is reserved for non-institutional investors.
Akums Drugs and Pharmaceuticals Financials
| Years | 31 march 2024 | 31 march 2023 | 31 march 2022 |
| Total Assets in crore | 3516.37 | 3266.53 | 3069.05 |
| Total Revenues in crore | 4212.21 | 3700.93 | 3694.52 |
| Profit after tax in crore | 0.79 | 97.82 | -250.87 |
| NET Worth in crore Rs. | 709.50 | 717.19 | 621.98 |
Akums Drugs Pharmaceuticals Ltd IPO gmp today
If you also want to subscribe to the IPO of Alkums Company, then before that, you have to get information about it, i.e., about 10 things related to it. You will get information about this on the official portal of the company. We are telling you that the price band value of the company’s IPO is between Rs 646 and Rs 679. You have been given time from July 30, 2024, to August 1, 2024, to subscribe to this IPO, while the time for anchor investor allocation is July 29, 2024.
As per Akums Drugs Pharmaceuticals Ltd. IPO gmp today information, the shares of this alkums company will be listed on August 6 on the Mumbai Stock Exchange and the National Stock Exchange.
How to Apply for the Akums Drugs and Pharmaceuticals IPO
If you also want to get information about Akums Drugs and Pharmaceuticals Limited IPO Allotment Status, then first you have to apply for Akums Drugs and Pharmaceuticals Limited, for which you usually have to make sure to follow the steps given below.
- First of all, you have to open a demat and trading account if you do not already have one.
- As soon as you open your demat and trading account, after that, you have to check Akums Drugs and Pharmaceuticals Limited IPO details in the IPO section of this Alice Blue platform.
- Now you have to buy shares here according to your wish; keep in mind that you have to bid within the price band.
- Now you have to submit your application, but before that, you have to confirm all the details.
- In this way, you will be able to apply for the Akums Drugs and Pharmaceuticals Limited IPO in a short time.
- Lastly, you have to check your allotment status to know whether you have received the shares or not.
Steps To Check Akums Drugs and Pharmaceuticals Limited IPO Allotment Status 2024
You can check your Akums Drugs and Pharmaceuticals Limited allotment status very easily.
- In the first step, you have to visit the Alice Blue website.
- After this, you will go to the Portfolio section to check the application status of this IPO.
- After this, you have to visit any other similar subsection to find out your Alkum Drugs IPO allotment status.
- Where you will get information about the status of the IPO for which you have applied.
- You can get a list here. If you have applied for multiple IPOs, now you can select the IPO according to your interest.
- Here, you have to select Akums Drugs and Pharmaceuticals Limited’s IPO.
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