Free Account Opening + AMC Free Demat
Loading...
July 30, 2024 - August 1, 2024

Akums Drugs and Pharmaceuticals IPO FAQ

Akums Drugs and Pharmaceuticals IPO Date & Price

The Akums Drugs and Pharmaceuticals IPO opens on July 30, 2024 and closes on August 1, 2024.

Akums Drugs and Pharmaceuticals IPO timetable / schedule is as below:
  • Bid/Offer Opens On: July 30, 2024
  • Bid/Offer Closes On: August 1, 2024
  • Finalization of Basis of Allotment: August 2, 2024
  • Initiation of refunds: August 5, 2024
  • Credit of Equity Shares: August 5, 2024
  • Listing Date: August 6, 2024

Akums Drugs and Pharmaceuticals IPO price is set at ₹679 per equity share.

Akums Drugs and Pharmaceuticals IPO will close for subscription at 5 PM on August 1, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Akums Drugs and Pharmaceuticals IPO starts on July 30, 2024. The issue ends on August 1, 2024.

Akums Drugs and Pharmaceuticals IPO Issue Size and Subscription Status

The Akums Drugs and Pharmaceuticals IPO size is 27345162 Equity Shares of ₹2 aggregating up to ₹1,856.74 Cr.

Akums Drugs and Pharmaceuticals Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Akums Drugs and Pharmaceuticals IPO shares through the banks (using ASBA) or through the broker (using UPI).

Akums Drugs and Pharmaceuticals IPO Offer Size

Qualified Institutional Buyers (QIB)8,137,276 Shares
Non-Institutional Investors (NII)4,068,637 Shares
Retail Individual Investor (RII)2,712,424 Shares
Employee Reservations243,902 Shares
Other Reservations0 Shares
Total Issue Size15,162,239 Shares

Akums Drugs and Pharmaceuticals IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)90.09 times times
Non-Institutional Investors (NII)42.10 times times
Retail Individual Investor (RII)20.80 times times
Employee Reservations4.14 times times
Other Reservations times
Total Issue Size63.44 times times

Click here to check the Akums Drugs and Pharmaceuticals IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Akums Drugs and Pharmaceuticals IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Akums Drugs and Pharmaceuticals IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Akums Drugs and Pharmaceuticals IPO Allotment and Listing

The Akums Drugs and Pharmaceuticals IPO allot status will be available online on August 2, 2024. Check the Akums Drugs and Pharmaceuticals IPO Allotment Status here.

Click here to check Akums Drugs and Pharmaceuticals IPO Allotment Status.

Akums Drugs and Pharmaceuticals IPO listing Date is August 6, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Akums Drugs and Pharmaceuticals IPO listing date and time is published by the exchange in a circular.

Click here to view the Akums Drugs and Pharmaceuticals IPO Basis of Allotment.

It is hard to say at what price Akums Drugs and Pharmaceuticals IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Akums Drugs and Pharmaceuticals IPO shares will list on August 6, 2024 at BSE, NSE.

Akums Drugs and Pharmaceuticals IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Akums Drugs and Pharmaceuticals IPO which could help you with questions like Akums Drugs and Pharmaceuticals IPO buy or not? You should also read Akums Drugs and Pharmaceuticals IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Akums Drugs and Pharmaceuticals IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Akums Drugs and Pharmaceuticals IPO performance. The performance reports are available 1 day after listing.