Akums Drugs and Pharma IPO Draws Diverse Interest on Day 1 with 1.37x Subscription RatesAkums Drugs and Pharma IPO Draws Diverse Interest on Day 1 with 1.37x Subscription Rates

Akums Drugs and Pharma IPO on day 1 saw varying subscription levels, QIBs at 0.43 times, Non-Institutional Investors at 1.96 times, Retail Individual Investors at 3.35 times, and Employees at 1.07 times, leading to a total subscription rate of 1.37 times.

How to check Akums Drugs and Pharma Limited IPO Subscription Status?

Steps to check Akums Drugs and Pharma Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Akums Drugs and Pharma Limited IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Akums Drugs and Pharma IPO Allotment Status

The allotment date for the Akums Drugs and Pharma IPO is set for August 2, 2024, with shares priced at a range of ₹646 to ₹679 per share and a face value of ₹ 2. The offering consists of lots of 22 shares, with bids accepted for these lots or their multiples.

Akums Drugs and Pharma Limited IPO Listing Date 

Akums Drugs and Pharma IPO is expected to be listed on the NSE SME on August 6, 2024.