ListedMainboardAKUMS

Akums Drugs and Pharmaceuticals Limited

Akums Drugs and Pharmaceuticals Limited is a mainboard IPO raising ₹1,857 Cr at ₹646 – ₹679 a share. It listed on 6 Aug 2024 and trades at ₹662 today, −2.5% against its issue price of ₹679. It was subscribed 64× in total.

679
Issue price
662
Price now
−2.5%
Since issue price
6 Aug 2024
Listed on
64×Subscribed (final) · all exchanges

63.6 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹646 – ₹679
Cut-off price₹679
Issue size₹1,857 Cr
Shares per lot22
Minimum application₹14,938
Minimum quantity22
Face value₹10
Listing exchanges
ISININE09XN01023
Bidding hours10:00 – 17:00 IST
Bidding window30 Jul 2024 – 1 Aug 2024

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.