Akums Drugs and Pharmaceuticals IPO

119°
Deal Subedar
prodime17
Established in 2004, Akums Drugs and Pharmaceuticals Limited is a pharmaceutical contract development and manufacturing organization (CDMO) offering a comprehensive range of pharmaceutical products and services in India and overseas.

Akums Drugs and Pharmaceuticals IPO opens for subscription on July 30, 2024 and closes on August 1, 2024. The allotment for the Akums Drugs and Pharmaceuticals IPO is expected to be finalized on Friday, August 2, 2024. Akums Drugs and Pharmaceuticals IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, August 6, 2024.

Akums Drugs and Pharmaceuticals IPO price band is set at ₹646 to ₹679 per share. The minimum lot size for an application is 22 Shares. The minimum amount of investment required by retail investors is ₹14,938. The minimum lot size investment for sNII is 14 lots (308 shares), amounting to ₹209,132, and for bNII, it is 67 lots (1,474 shares), amounting to ₹1,000,846.

IPO Date July 30, 2024 to August 1, 2024
Listing Date [.]
Face Value ₹2 per share
Price Band ₹646 to ₹679 per share
Lot Size 22 Shares

IPO Open Date Tuesday, July 30, 2024
IPO Close Date Thursday, August 1, 2024
Basis of Allotment Friday, August 2, 2024
Initiation of Refunds Monday, August 5, 2024
Credit of Shares to Demat Monday, August 5, 2024
Listing Date Tuesday, August 6, 2024
Cut-off time for UPI mandate confirmation 5 PM on August 1, 2024

GMP is ₹170

Expected return is 25.04%

What do you think?

Apply for IPO:

Upstox- https://play.google.com/store/apps/details?id=i...

Upstox - https://upstox.com/open-demat-ac...t/

Zerodha - https://zerodh...m/

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decent gmp

Deal Lieutenant Deal Lieutenant
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Scary 

forget it.. not worth the risk


TIMES UP!!!!, now close the research on this IPO and DO SOME OTHER WORK smile xDDD


dont ever look at this IPO again xD

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