Akums Drugs IPO allotment – How to check allotment, IPO GMP, listing date and more

• Akums Drugs is expected to announce its IPO share allotment status on Friday, August 2.
• The shares of Akums Drugs were subscribed 63.56 times.
• The Akums Drugs shares are expected to be listed on the stock exchanges on August 6.

Delhi-based Akums Drugs, a pharmaceutical contract development and manufacturing organisation is expected to announce the allotment status of its initial public offering (IPO) on Friday, August 2.

The Akums Drugs IPO opened on July 30 and closed on August 1. The price band for the Akums Drugs IPO was ₹649 to ₹679 per share.

Akums Drugs IPO subscription status

On its last day, the Akums Drugs IPO was subscribed 63.56 times, receiving bids for 96.37 crore equity shares against 1.52 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 90.09 times, the non-institutional investor's portion was subscribed 42.21 times. The retail portion witnessed subdued participation and was subscribed 21.30 times. The employee portion was subscribed 4.27 times.

Akums Drugs IPO Grey market premium

The shares of Akums Drugs are currently commanding a grey market premium (GMP) of ₹170 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check the Akums Drugs IPO’s allotment status

You can check the Akums Drugs IPO allotment status on the registrar’s website.

• To check the Akums Drugs IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Select Company’ and then select ‘Akums Drugs’.
  
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  
• Click on submit.
  

You will be able to see your Akums Drugs IPO application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Akums Drugs IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Akums Drugs’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of Akums Drugs shares allotted to you.

You can click here and log in to check your Akums Drugs IPO allotment status on NSE.

Akums Drugs IPO listing date

The shares of Akums Drugs will be listed on the stock exchanges on August 6.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

SEE ALSO:

Ola Electric IPO – Price band to risk factors, all you need to know

Nothing Phone (2a) Plus with Dimensity 7350 Pro chipset launched in India starting at ₹29,999

Indian smartphone shipments decline by 2% in Q2 2024, Xiaomi retakes the throne