Akums Drugs and Pharmaceuticals IPO

Akums Drugs IPO worth INR 1,856.74cr includes a fresh issue  of INR 680 cr and an offer to sell INR 1,176.74cr, aimed at reducing debt, funding working capital, acquisitions, and corporate purposes.

Important Details

Open Date : July 30, 2024 Close Date : August 1, 2024 Allotment Date: August 2, 2024 Listing Date: August 6, 2024

Important Details

IPO Price: INR 646-679 per share Lot Size: 22 Shares Total Issue Size: INR 1,865.74 crores

Fundamental Analysis

Akums Drugs & Pharmaceuticals IPO analysis shows mixed performance: 1. Revenue decreased. 2. Increased equity & liabilities. 3. Improved profitability with higher PAT & RoNW. 4. Declined EPS, Growing total assets, indicating expansion.

Peer Comparison

Akums Drugs, Divi’s Labs, Suven Pharma, Gland Pharma, Torrent Pharma, Alkem Labs, Eris Lifesciences, JB Chemicals, Mankind Pharma, and Innova Captab show varied financial metrics in profitability, EPS, RoNW, and assets.

Objective

Akums Drugs And Pharmaceuticals Ltd IPO Objective 1. Repay/prepay company & subsidiary debts. 2. Fund incremental working capital needs. 3. Pursue inorganic growth through acquisitions.

Risks And Challenges

Akums Drugs And Pharmaceuticals Ltd IPO  risks: 1. Economic, regulatory, and disaster impacts. 2. Power outages or machinery breakdowns. 3. Order cancellations or quality issues.