IPO - Initial Public Offerings

 ACCPL

  

ACCRETION PHARMACEUTICALS LIMITED

14 May, 10:00 AM

Issue Open

16 May, 05:00 PM

Issue Close

1200

Lot Size

₹ 96.00 – ₹ 101.00

Price Range

IPO Issue Details

Issue size 29.75 Cr
Market Price 101.00
Registrar Kfin Technologies Limited
Face Value RS.10 /- Per share
Listing at NSE

About

ACCRETION PHARMACEUTICALS LIMITED
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.

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 1200 ₹ 1,21,200.00
S-HNI  (2 Lakh to 10 Lakh) 2 2400 ₹ 2,42,400.00
S-HNI  (2 Lakh to 10 Lakh) 8 9600 ₹ 9,69,600.00
B-HNI  (Above 10 Lakh) 9 10800 ₹ 10,90,800.00

IPO TimeLine

Open Date 14-May-2025
Close Date 16-May-2025
Basis of Allotment Date 17-May-2025
Initiation of Refunds 18-May-2025
Credit Shares to Demat A/c 18-May-2025
IPO Listing Date 21-May-2025