Akums Drugs IPO Allotment Status Online

Bookbuilding IPO | ₹1,857 Cr | Listed at BSE, NSE | Tue, Jul 30, 2024 - Thu, Aug 1, 2024

The Akums Drugs IPO allotment status will be available on Friday, August 2, 2024, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Akums Drugs & Pharmaceuticals Ltd. IPO allotment status online:

  • Visit the Akums Drugs IPO allotment status page.
  • Click on the green Akums Drugs IPO Allotment Status.
  • Enter either PAN number, Application Number, or DP Client ID of the demat account to check the Akums Drugs IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected Listing price of Akums Drugs IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Akums Drugs IPO grey market premium gives some hint but the actual Listing price is difficult to guess.

Akums Drugs & Pharmaceuticals Ltd. IPO IPO allotment status is expected on Friday, August 2, 2024. Click the green button Akums Drugs & Pharmaceuticals Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.

If Akums Drugs IPO oversubscribed in the retail category, the Akums Drugs IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Akums Drugs & Pharmaceuticals Ltd. listing date is August 6, 2024. The equity shares of Akums Drugs & Pharmaceuticals Ltd. will list on BSE, NSE.

The reason you didn't get the Akums Drugs IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).
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