Accretion Pharmaceuticals Limited
Accretion Pharmaceuticals Limited
Price Band
₹96 - ₹101
Total Issue
₹29.75 Cr
Bid Dates
14 May - 16 May
Subscription
7.15x
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
Accretion Pharmaceuticals Limited is a pharmaceutical CDMO engaged in the manufacturing and marketing of a wide range of formulations including tablets, capsules, oral liquids, external preparations, and oral powders. The company operates through domestic sales, direct exports, and merchant exporter arrangements, with its products being supplied to several international markets through direct and indirect channels. With a strong focus on quality and compliance, the company caters to diverse client needs across geographies. Its operations are supported by a modern manufacturing facility and a dedicated team committed to excellence.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 1,200 | ₹1,21,200 |
| Individual (Max) | 1 | 1,200 | ₹1,21,200 |
| S-HNI (Min) | 2 | 2,400 | ₹2,42,400 |
| S-HNI (Max) | 8 | 9,600 | ₹9,69,600 |
| B-HNI (Min) | 9 | 10,800 | ₹10,90,800 |
Issue Size
Objects of Issue
- Capital expenditure towards purchase of new equipment / machineries
- Capital expenditure towards upgradation of existing manufacturing facility
- Repayment of certain borrowings availed by our Company
- Funding working capital requirements
- General Corporate Purpose
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 20 May | ₹0 (0%) | ₹101 |
| 19 May | ₹0 (0%) | ₹101 |
| 17 May | ₹2 (2%) | ₹103 |
| 16 May | ₹3 (3%) | ₹104 |
| 15 May | ₹9 (8.9%) | ₹110 |
| 14 May | ₹14 (13.9%) | ₹115 |
| 13 May | ₹0 (0%) | ₹101 |
| 12 May | ₹0 (0%) | ₹101 |
| 09 May | ₹0 (0%) | ₹101 |
| 08 May | ₹0 (0%) | ₹101 |
| 07 May | ₹0 (0%) | ₹101 |
Accretion Pharmaceuticals IPO Peer Comparison
(Rs. in crores)
| Particulars | Accretion Pharma | Sakar Healthcare | Lincoln Pharmaceuticals | Sotac Pharmaceuticals |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 33.67 | 153.35 | 580.55 | 67.11 |
| PAT (In Crs.) | 3.88 | 11.67 | 93.30 | 5.75 |
| EPS - Basic | 9.69 | 5.64 | 46.58 | 5.24 |
| NAV per share | 13.37 | 120.65 | 295.98 | 43.69 |
| RONW | 72.80% | 4.45% | 15.74% | 11.91% |
| EBITDA | 23.06% | 26.47% | 23.14% | 17.16% |
| Price to earning (PE) | 10.42 | 48.89 | 12.30 | 23.85 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 05, 2025 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 35.67 | 33.67 | 29.38 | 22.29 |
| Profit after Tax | 5.24 | 3.88 | 0.10 | 0.08 |
| Net Worth | 13.58 | 5.35 | 3.84 | 3.08 |
| Total Borrowing | 13.79 | 13.48 | 8.47 | 7.61 |
| Total Assets | 39.99 | 27.05 | 20.58 | 17.74 |
| NAV per share (in ₹) | 17.09 | 13.37 | NA | NA |
| EPS - Basic (in ₹) | 8.74 | 9.69 | NA | NA |
KPIs
EBITDA
23.06%
PAT
11.51%
ROE
72.80%
ROCE
36.73%
PE Ratio
10.42
PB Ratio
7.55
Mkt Cap (in Crs.)
112.27
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
3.72%
Public
96.28%
Management
Subscription Status
Updated as on 16-May-2025 19:00:05 hrs
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 4.87x | 3,52,800 | 17,19,600 |
| NII | 4.41x | 12,22,800 | 53,91,600 |
| Individual Investor | 10.55x | 12,22,800 | 1,28,95,200 |
| Total | 7.15x | 27,98,400 | 2,00,06,400 |
Frequently Asked Questions
What is Accretion Pharmaceuticals IPO?
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How to check allotment status of Accretion Pharmaceuticals IPO?
How to apply Accretion Pharmaceuticals IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Accretion Pharmaceuticals IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Accretion Pharmaceuticals IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Accretion Pharmaceuticals IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date