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Akums Drugs & Pharma lists with 7% premium on the BSE
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Akums Drugs & Pharma has debuted at Rs 725.00 on the BSE, up by 46 points or 6.77% from its issue price of Rs 679.00.
The scrip is currently trading at Rs 762.65, up by 83.65 points or 12.32% from its issue price.
It has touched a high and low of Rs 784.65 and Rs 724.50 respectively. So far 5.96 lakh shares were traded on the counter.
The offering, which was open for subscription between July 30, 2024 and August 01, 2024 was subscribed 63.56 times. The issue price was fixed at Rs 679.00 per share i.e. at upper end of price band of Rs 646-679 apiece.
Akums Drugs and Pharmaceuticals is a pharmaceutical contract development and manufacturing organization (CDMO) offering a comprehensive range of pharmaceutical products and services in India and overseas.
