Akums Drugs & Pharmaceuticals IPO

Akums Drugs & Pharmaceuticals Ltd

₹14,212 /22 sharesMinimum Investment

Akums Drugs & Pharmaceuticals IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE₹679.00₹725.00₹46.00 (6.77%)

Akums Drugs & Pharmaceuticals IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
30 Jul ‘24 - 1 Aug ‘24₹14,21222₹646 - ₹679
Issue SizeIPO Doc
1856.74Cr
RHP PDF

Subscription rate

As of 31 Jul'24, 07:39 PM
Qualified Institutional Buyers0.96x
Non-Institutional Investor8.48x
Retail Individual Investor8.98x
Employees2.23x
Total4.43x

About Akums Drugs & Pharmaceuticals

Akums Drugs and Pharmaceuticals is a contract development and manufacturing organisation (CDMO). The company primarily provides product development and manufacturing solutions to its clients. This includes services such as formulation research and development (R&D), regulatory dossier preparation and filing in both Indian and international markets, and various testing services. In addition to its primary CDMO operations, Akums Drugs and Pharmaceuticals markets its own branded formulations both in India and internationally. The company does this through its subsidiaries, Akumentis and Unosource. Akumentis is involved in therapy areas such as gynaecology, cardiology, orthopaedics, and paediatrics, while Unosource is engaged in anti-infectives, analgesics, the central nervous system, and gynaecology. The company has a presence in 65 countries. International clients include Allegens in Vietnam, Ambica International in the Philippines, Caferma SAC in Peru, JDS and Pharma Apex in Myanmar, Master Pharma in Cambodia, Olainfarm in Latvia, Planet Pharmaceutical in Tanzania, and Unisel in Kenya, among others. The company also engages in the marketing of trade generic and private label products across India through various distributors and alternative channels.;
Founded in
2004
Managing director
Mr. Sanjeev Jain
Parent organisation
Akums Drugs & Pharmaceuticals Ltd

Strengths & Financials of Akums Drugs & Pharmaceuticals

Strengths
Risks
Since its founding, Akums Drugs and Pharmaceuticals has developed over 4,146 commercial formulations across more than 60 different dosage forms. In FY24, the company manufactured pharmaceutical products for 26 of the top 30 companies in India in terms of sales.
Akums operates 10 manufacturing facilities with a combined annual production capacity of 49.23 billion units as of March 31, 2024.
As of March 31, 2024, Akums Drugs’ CDMO business served a client base of 1,524 Indian and multinational companies, up from 1,386 on March 31, 2022. This group of clients includes pharmaceuticals, nutraceuticals, cosmo-derma, and wellness companies, as well as e-commerce businesses, healthcare providers, and various government entities at both the central and state levels.
Akums Drugs and Pharmaceuticals operates four research and development (R&D) units, two of which are approved by the Department of Scientific and Industrial Research, under the Ministry of Science and Technology, Government of India.
As of March 31, 2024, Akums Drugs and Pharmaceuticals exported branded pharmaceutical formulations to 65 countries.
As of March 31, 2024, Akums Drugs and Pharmaceuticals' CDMO business clients include names such as Alembic Pharmaceuticals, Alkem Laboratories, Blue Cross Laboratories, Cipla, Dabur India, Dr. Reddy’s Laboratories, Hetero Healthcare, Ipca Laboratories, Mankind Pharma, MedPlus Health Services, Micro Labs, Mylan Pharmaceuticals, Natco Pharma, Sun Pharmaceutical, UCB, and Amishi Consumer Technologies (The Mom’s Co), among others.

Akums Drugs & Pharmaceuticals Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Akums Drugs & Pharmaceuticals IPO

Apply asPrice bandApply upto
Regular646 - 679₹2 Lakh
Employee582 - 615₹2 Lakh
High Networth Individual646 - 679₹2 - 5 Lakh
For Akums Drugs & Pharmaceuticals IPO, eligible investors can apply as Regular & Employee.
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