Akums Drugs and Pharmaceuticals IPO
CDMO/Pharma - Listed on 06 August 2024
Akums Drugs and Pharmaceuticals IPO listing summary
Akums Drugs and Pharmaceuticals (CDMO/Pharma) closed its IPO window in 2024 and listed on NSE and BSE on 06 August 2024 at an upper band issue price of Rs 679, opening at Rs 725 for a listing gain of +6.8% and closing day one at Rs 796.25 (+17.3% on closing basis). The IPO was subscribed 63.39x overall - QIB 90.09x, HNI/NII 42.08x, Retail 20.58x. The total issue size was Rs 1,856.74 Cr (Fresh Issue Rs 680 Cr, OFS Rs 1176.74 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Akums Drugs and Pharmaceuticals IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 175 | +14.73% |
| Day 2 | Rs 180 | +19.15% |
| Day 3 | Rs 193 | +22.09% |
| Day 4 | Rs 193 | +26.51% |
| Day 5 | Rs 180 | +28.42% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Akums Drugs and Pharmaceuticals IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Akums Drugs and Pharmaceuticals IPO - FAQs
What was the listing gain of Akums Drugs and Pharmaceuticals IPO?
Akums Drugs and Pharmaceuticals IPO listed at +6.8% versus the upper issue price of Rs 679 on 06 August 2024.
How many times was Akums Drugs and Pharmaceuticals IPO subscribed?
Akums Drugs and Pharmaceuticals IPO was subscribed 63.39x overall. QIB portion was subscribed 90.09x, HNI / NII 42.08x and Retail 20.58x.
What was the IPO GMP for Akums Drugs and Pharmaceuticals?
IPO GMP started at Rs 175 on Day 1 and moved to Rs 180 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.