Accretion Pharmaceuticals IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
May 14 to May 16 2025
Price Band
₹101
Current GMP
₹79.0(21.78%)
Subscription
7.67 times
IPO Details
| IPO Date | May 14, 2025 to May 16, 2025 |
| Listing Date | May 21, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹101 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 29,46,000 shares (aggregating up to ₹29.75 Cr) |
| Fresh Issue | 29,46,000 shares (aggregating up to ₹29.75 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 81,70,000 shares |
| Share Holding Post Issue | 1,11,16,000 shares |
| Market Maker Portion | 1,47,600 sharesGretex Share Broking Private Limited |
IPO Date
May 14, 2025 to May 16, 2025
Listing Date
May 21, 2025
Face Value
₹10 per share
Issue Price
₹101 per share
Lot Size
1,200 Shares
Total Issue Size
29,46,000 shares (aggregating up to ₹29.75 Cr)
Fresh Issue
29,46,000 shares (aggregating up to ₹29.75 Cr)
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Share Holding Pre Issue
81,70,000 shares
Share Holding Post Issue
1,11,16,000 shares
Market Maker Portion
1,47,600 sharesGretex Share Broking Private Limited
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 12.14 |
| Non-Institutional Buyers*** | 4.28 |
| Retail Investors | 10.54 |
| Total ** | 7.67 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
12.14
Non-Institutional Buyers***
4.28
Retail Investors
10.54
Total **
7.67
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 May 14, 2025 | 0.00 | 0.51 | 1.86 | 1.12 |
| Day 2 May 15, 2025 | 0.75 | 0.92 | 4.01 | 2.37 |
| Day 3 May 16, 2025 | 12.14 | 4.28 | 10.54 | 7.67 |
DayDay 1
May 14, 2025
QIB0.00
NII*0.51
Retail1.86
Total1.12
DayDay 2
May 15, 2025
QIB0.75
NII*0.92
Retail4.01
Total2.37
DayDay 3
May 16, 2025
QIB12.14
NII*4.28
Retail10.54
Total7.67
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 21-05-2025 | 101.00 | 0(0.00%) | 101 |
| 20-05-2025 | 101.00 | 0(0.00%) | 101 |
| 19-05-2025 | 101.00 | 0(0.00%) | 101 |
| 18-05-2025 | 101.00 | 0(0.00%) | 101 |
| 17-05-2025 | 101.00 | 0(0.00%) | 101 |
| 16-05-2025 | 101.00 | 0(0.00%) | 101 |
| 15-05-2025 | 101.00 | 5(4.95%) | 106 |
| 14-05-2025 | 101.00 | 16(15.84%) | 117 |
| 13-05-2025 | 101.00 | 18(17.82%) | 119 |
| 12-05-2025 | 101.00 | 0(0.00%) | 101 |
| 11-05-2025 | 101.00 | 0(0.00%) | 101 |
| 10-05-2025 | 101.00 | 0(0.00%) | 101 |
| 09-05-2025 | 101.00 | 0(0.00%) | 101 |
| 08-05-2025 | 101.00 | 0(0.00%) | 101 |
| 07-05-2025 | 101.00 | 0(0.00%) | 101 |
Date21-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
Date20-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
Date19-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
Date18-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
Date17-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
Date16-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
Date15-05-2025
Price101.00
GMP5(4.95%)
Estimate List Price106
Date14-05-2025
Price101.00
GMP16(15.84%)
Estimate List Price117
Date13-05-2025
Price101.00
GMP18(17.82%)
Estimate List Price119
Date12-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
Date11-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
Date10-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
Date09-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
Date08-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
Date07-05-2025
Price101.00
GMP0(0.00%)
Estimate List Price101
IPO Important Dates
| IPO Open Date | Wed, May 14, 2025 |
| IPO Close Date | Fri, May 16, 2025 |
| Tentative Allotment | Mon, May 19, 2025 |
| Initiation of Refunds | Tue, May 20, 2025 |
| Credit of Shares to Demat | Tue, May 20, 2025 |
| Tentative Listing Date | Wed, May 21, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 16, 2025 |
IPO Open Date
Wed, May 14, 2025
IPO Close Date
Fri, May 16, 2025
Tentative Allotment
Mon, May 19, 2025
Initiation of Refunds
Tue, May 20, 2025
Credit of Shares to Demat
Tue, May 20, 2025
Tentative Listing Date
Wed, May 21, 2025
Cut-off time for UPI mandate confirmation
5 PM on May 16, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,21,200 |
| Retail (Max) | 1 | 1200 | ₹1,21,200 |
| HNI (Min) | 2 | 2,400 | ₹2,42,400 |
ApplicationRetail (Min)
Lots1
Shares1200
Amount₹1,21,200
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹1,21,200
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹2,42,400
Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 39.99 | 27.05 | 20.58 |
| Revenue | 35.75 | 33.94 | 29.53 |
| Profit After Tax | 5.24 | 3.88 | 0.10 |
| Net Worth | 13.58 | 5.35 | 3.84 |
| Reserves and Surplus | 5.41 | 1.35 | 0.00 |
| Total Borrowing | 13.79 | 13.48 | 8.47 |
Period EndedPeriod Ended
31 Dec 202431 Dec 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Dec 202439.99
31 Mar 202427.05
31 Mar 202320.58
Period EndedRevenue
31 Dec 202435.75
31 Mar 202433.94
31 Mar 202329.53
Period EndedProfit After Tax
31 Dec 20245.24
31 Mar 20243.88
31 Mar 20230.10
Period EndedNet Worth
31 Dec 202413.58
31 Mar 20245.35
31 Mar 20233.84
Period EndedReserves and Surplus
31 Dec 20245.41
31 Mar 20241.35
31 Mar 20230.00
Period EndedTotal Borrowing
31 Dec 202413.79
31 Mar 202413.48
31 Mar 20238.47
IPO Reservation
| Anchor Investor Shares Offered | 2,11,200 (7.17%) |
| Market Maker Shares Offered | 1,47,600 (5.01%) |
| QIB Shares Offered | 1,41,600 (4.81%) |
| NII (HNI) Shares Offered | 12,22,800 (41.51%) |
| Retail Shares Offered | 12,22,800 (41.51%) |
| Total Shares Offered | 29,46,000 (100%) |
Anchor Investor Shares Offered
2,11,200 (7.17%)
Market Maker Shares Offered
1,47,600 (5.01%)
QIB Shares Offered
1,41,600 (4.81%)
NII (HNI) Shares Offered
12,22,800 (41.51%)
Retail Shares Offered
12,22,800 (41.51%)
Total Shares Offered
29,46,000 (100%)
Information about company
Incorporated in 2012, Accretion Pharmaceuticals Limited is a pharmaceutical company that manufactures and sells tablets, capsules, and other healthcare products.
The company also offers contract manufacturing services. The Company manufactures and markets Tablets, Capsules, Oral Liquids, External Preparations (Ointment, Cream, Gel, Lotion, Medicated Shampoo, Mouthwash, Dusting Powder), and Oral Powder (Sachet, Dry Syrup).
The company also holds ISO 9001:2015, ISO 14001:2015, and ISO 22000:2005 certifications, reflecting its dedication to quality and environmental management systems.
The company's manufacturing unit is located in Ahmedabad, Sanand, Gujarat.
The company has expanded its global footprint, marking its presence in more than 20 countries, including regions in Africa, Southeast Asia, and the Middle East.
Product Portfolio and Services
Tablets and Capsules – Covering antibiotics, anti-inflammatory, pain management, cardiovascular, and gastrointestinal medicines.
Oral Liquids and Syrups – Used for respiratory, pediatric, and digestive treatments.
External Preparations – Including medicated lotions, gels, ointments, and dusting powders for skin care and dermatological treatments.
Ayurvedic and Herbal Products – Focused on natural wellness solutions for immunity, digestion, and general health.
As of January 2025, the company has 83 employees (including 4 Executive Directors) on its payroll.
Competitive Strength:
Experienced Promoters and Management Team.
Long-standing relationship with clients and suppliers.
Focus on providing quality products.
Management has built a supply chain and customer relations, creating goodwill and trust.
Objectives of IPO
The Company Accretion Pharmaceuticals IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (in Millions)
1
Capital expenditure towards purchase of new equipment/ machineries, etc.
26.97
2
Capital expenditure towards upgradation of existing manufacturing facility
46.56
3
Repayment/prepayme nt of certain borrowings availed by the Company
9.92
4
Funding working capital requirements
146.80
5
General Corporate Purpose
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App