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Akums Drugs and Pharmaceuticals Limited IPO Subscription Status

📅Offer Date: 30 Jul 2024 – 01 Aug 2024

Minimum investment
₹14,93822 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total63.44x
QIB90.09x
NII42.10x
Retail20.80x

Akums Drugs and Pharmaceuticals Limited IPO was subscribed 63.44x in total when bidding closed on 01 Aug 2024, with 90.09x in the QIB category, 42.10x in NII, 20.80x in retail. The issue ran from 30 Jul 2024 to 01 Aug 2024 at a price band of ₹646.00–₹679.00 per share.

QIB90.09xNII42.10xRetail20.80xTotal63.44x1×

Times subscribed by category against the 1× line.

21
≈ 1 in 21 retail allotment
low allotment chance

Based on retail subscription (20.80x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs81,37,27673,30,87,19590.09x
NIIs40,68,63717,12,89,61842.10x
SNIIs (<10L)13,56,2124,26,52,86731.45x
BNIIs (>10L)27,12,42512,86,50,31847.43x
Retail27,12,4245,64,18,41920.80x
Total1,51,62,23996,18,92,44263.44x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs552.5249776.6290.09x
NIIs276.2611630.5742.10x
Retail184.173830.8120.80x
Total1012.9665238.0063.44x

Values derived from share count × issue price (₹679.00)

What this means for allotment & listing

Because Akums Drugs and Pharmaceuticals Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Akums Drugs and Pharmaceuticals Limited IPO subscription FAQs