Akums Drugs and Pharmaceuticals Limited
30 Jul 2024 – 01 Aug 2024
LISTED
Offer Price
₹646–679
Bid lot
22
Min Application
₹14,938
Issue Size
₹1,857 Cr
Key dates
Open date
30 Jul 2024
Done
Close date
01 Aug 2024
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
06 Aug 2024
Today
Issue reservation
₹1,857 CrQIB 50%Retail 35%5%
QIB
1.37 Cr sh · ₹928.50 Cr
Retail
95.7 L sh · ₹649.95 Cr
Employee
13.7 L sh · ₹92.85 Cr
BRLM: ICICI Securities Limited · Axis Capital Limited · Citigroup Global Markets India Private Limited · Ambit Private Limited
Lot ladder — how much to bid
1 lot = 22 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
22 sh · ₹14,938
Max · 13 lots
286 sh · ₹1,94,194
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
308 sh · ₹2,09,132
Max · 66 lots
1,452 sh · ₹9,85,908
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
1,474 sh · ₹10,00,846
Entry point
₹10,00,846 onward
Issue details
Lead managersICICI Securities Limited, Axis Capital Limited, Citigroup Global Markets India Private Limited, Ambit Private Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
58.57×
0×1×2×3×+
Oversubscribed
Book₹1,671 Cr
Subscribed₹97,889 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,36,74,522₹928.50 Cr | 1,23,19,37,642₹83,649 Cr | 90.09× |
| HNI | 41,02,356₹278.55 Cr | 17,31,60,466₹11,758 Cr | 42.21× |
| Retail | 95,72,165₹649.95 Cr | 20,38,87,116₹13,844 Cr | 21.30× |
| Employee | 13,67,452₹92.85 Cr | 58,39,021₹396.47 Cr | 4.27× |
| Total | 2,46,14,139₹1,671 Cr | 1,44,16,63,779₹97,889 Cr | 58.57× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 83,648.57 |
| HNI | 11,757.60 |
| Retail | 13,843.94 |
| Employee | 396.47 |
| Total | 97,888.97 |
Amounts at the upper band (₹679). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Akums Drugs and Pharmaceuticals Limited IPO?
One lot of 22 shares — ₹14,938 at the upper price band of ₹679.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2024-08-06 on NSE.