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LISTEDSME441,826.00

Akums Drugs and Pharmaceuticals IPO

Open 30th Jul 2024 · Close 1st Aug 2024 · Listing 6th Aug 2024

Verified 2026-08-2483% data coverage
Issue Price₹679.00
Listing Price₹725.00
Current Price
Listing Gain6.77%
Current Return

IPO Objectives

Akums Drugs and Pharmaceuticals IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Repayment/prepayment of all or certain borrowings of our Company₹159.91 Cr
2Repayment/prepayment of all or certain borrowings of our Subsidiaries namely, Maxcure Nutravedics Limited and Pure and Cure Healthcare Private Limited₹227.09 Cr
3Funding incremental working capital requirements of our Company₹55.00 Cr
4Pursuing inorganic growth initiatives through acquisitions₹27.87 Cr
5General corporate purposes₹167.50 Cr