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Accretion Pharmaceuticals Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Accretion Pharmaceuticals Ltd IPO

Registered Office: 29 Xcelon Ind Park 1,Vasna Chacharvadi Sanand , Ahmedabad - 382213 , Gujarat , India.
Phone : +91 97148 82929   Fax:
Email :  care@accretionpharma.com  
Website :  http://www.accretionpharma.com
Initial public offer of upto 29,46,000 equity shares of face value of (Rs)10/- each (the equity shares) of Accretion Pharmaceuticals Limited (the company or accretion or the issuer) at an issue price of (Rs)101 per equity share for cash, aggregating up to (Rs)29.75 crores (public issue) out of which 1,47,600 equity shares of face value of (Rs)10 each, at an issue price of (Rs)101 per equity share for cash, aggregating (Rs)1.49 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e., issue of 27,98,400 equity shares of face value of (Rs)10 each, at an issue price of (Rs)101 per equity share for cash, aggregating upto (Rs)28.26 crores is herein after referred to as the net issue. The public issue and net issue will constitute 26.50% and 25.17% respectively of the post-issue paid-up equity share capital of our company.



Issue Money Payable On
Opens On Closes On Application Allotment
14-May-25 16-May-25 (Rs)101.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 27.45
Jawa Capital Services Pvt Ltd
Project Financed through Current Offer 29.75  
Post Issue Equity Share Capital 11.12  
Issue Price (Rs)101.00  
 
Projects
Capital expenditure towards purchase of new equipment/machineries, etcFunding working capital requirements
Capital expenditure towards upgradation of existing mfg facilityFunding working capital requiremnts
Repayment/prepayment of certain borrowings availed by our Company;General corporate purposes
Promoted By
Harshad Nanubhai Rathod  
Vivek Ashok Kumar Patel  
Mayur Popatlal Sojitra  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd