Akums Drugs and Pharma shares: Akums Drugs and Pharma shares list at 7% premium over issue price

Akums Drugs and Pharma shares: Akums Drugs and Pharma shares list at 7% premium over issue price

The shares of Akums Drugs and Pharmaceuticals debuted on the exchanges on Tuesday with a premium of 6.8%. The stock listed at Rs 725 on NSE and BSE as against an issue price of Rs 679 Ahead of the listing, the company’s shares traded with a GMP of Rs 140 in the unlisted market. The … Read more

Akuma Drugs IPO Review: Akums Drugs and Pharma IPO opens for subscription. Should you bid?

Akuma Drugs IPO Review: Akums Drugs and Pharma IPO opens for subscription. Should you bid?

The initial public offer (IPO) of Akums Drugs and Pharmaceuticals has opened for subscription. The issue, which closes on August 1, will fetch the company around Rs 1,857 crore. The IPO comprises a fresh issue of shares worth Rs 680 crore and an offer for sale (OFS) of up to 1.73 crore shares with a … Read more