एकम्स ड्रग्स का IPO आज से ओपन होगा: 1 अगस्त तक कर सकेंगे बिडिंग, मिनिमम ₹14,938 करने होंगे निवेश

Akms Drugs and Pharmaceuticals Limited’s Initial Public Offer i.e. IPO will open from today. Retail investors will be able to bid for the IPO till August 1. The company’s shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on August 6.

Through this issue, the company wants to raise ₹1,856.74 crore. For this, the company is issuing 27,345,162 fresh shares worth ₹680 crore. Whereas, the existing investors of the company are selling 17,330,435 shares worth ₹1,176.74 crore through Offer for Sale i.e. OFS.

If you are also planning to invest money in this, then we are telling you how much you can invest in this.

What is the minimum and maximum amount that can be invested?
Akms Drugs and Pharmaceuticals Limited has fixed the price band of this issue at ₹646-₹679. Retail investors can bid for a minimum of one lot i.e. 22 shares. If you apply for 1 lot as per the IPO’s upper price band of ₹679, then you will have to invest ₹14,938 for it.

At the same time, retail investors can apply for a maximum of 13 lots i.e. 286 shares. For this, investors will have to invest ₹ 194,194 according to the upper price band.

Akms Drugs & Pharmaceuticals’ premium in the grey market is 25.04%
Before the IPO opens, the company’s stock has reached a premium of 25.04% i.e. ₹ 170 per share in the grey market. In such a situation, according to the upper price band of ₹ 679, its listing can happen at ₹ 849. However, this can only be estimated, the listing price of the stock is different from the price of the grey market.

10% of the issue is reserved for retail investors
The company has reserved 75% of the issue for qualified institutional buyers (QIB). Apart from this, about 10% is reserved for retail investors and the remaining 15% is reserved for non-institutional investors (NII).

Established in 2004
Established in 2004, Acmes Drugs & Pharmaceuticals Ltd. is a pharmaceutical Contract Development and Manufacturing Organization (CDMO) offering a wide range of pharmaceutical products and services in India and overseas.

What is IPO?
When a company issues its shares to the general public for the first time, it is called Initial Public Offering or IPO. The company needs money to expand its business. In such a situation, instead of taking a loan from the market, the company raises money by selling some shares to the public or by issuing new shares. For this, the company brings IPO.