Accretion Pharmaceuticals Ltd
Price Range
₹96 - ₹101
Min. Quantity
1,200
Closes on
16 May 2025
Min. investment
₹1,21,200/1,200 Shares
Accretion Pharmaceuticals Ltd IPO Timeline
Accretion Pharmaceuticals was incorporated in year 2012, the Promoters Mr. Harshad Nanubhai Rathod, Mr. Vivek Ashok Kumar Patel, Mr. Mayur Popatlal Sojitra and Mr. Hardik Mukundbhai Prajapati, came together to establish a pharmaceutical manufacturing unit, to provide health care products. Thus, the foundation of 'Accretion Pharmaceuticals' was laid down, which was started as a Partnership Firm in the name of 'M/s Accretion Pharmaceuticals', pursuant to a deed of partnership dated December 18, 2012.
| Event | Date |
|---|---|
| Accretion Pharmaceuticals Ltd IPO Opening Date | 14 May 2025 |
| Accretion Pharmaceuticals Ltd IPO Closing Date | 16 May 2025 |
| Basis of Allotment | 19 May 2025 |
| Initiation of Refunds | 20 May 2025 |
| Credit of Shares to Demat | 20 May 2025 |
| Accretion Pharmaceuticals Ltd IPO Listing Date | 21 May 2025 |
Accretion Pharmaceuticals Ltd IPO Details
| Accretion Pharmaceuticals Ltd IPO Date | 14 May 2025 to 16 May 2025 |
| Accretion Pharmaceuticals Ltd IPO Face Value | ₹10 per share |
| Accretion Pharmaceuticals Ltd IPO Price | ₹96 to ₹101 per share |
| Accretion Pharmaceuticals Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹28.28 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹29.75 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Harshad Nanubhai Rathod, Vivek Ashok Kumar Patel, Mayur Popatlal Sojitra |
Accretion Pharmaceuticals Ltd IPO Lot Size
The Accretion Pharmaceuticals Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,21,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,21,200 |
| Maximum | 1 | 1,200 | ₹1,21,200 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- Consistently supplying quality products to our valued customers in time.
- Continually improving the quality standards by implementing process control and prevention techniques.
- Long-standing relationship with clients and suppliers.
- Quality standards.
- Legacy Business Process & Management.
- Strong and experienced R&D team.
Company Financials
Accretion Pharmaceuticals Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 26.87 | 13.41 | 1.49 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital expenditure towards purchase of new equipment/machineries, etc
- Capital expenditure towards upgradation of existing mfg facility
- Expenditure in connection with product registration in overseas market
- Repayment/prepayment of certain borrowings availed by the company
- Funding working capital requiremnts
- General corporate purposes
Accretion Pharmaceuticals Ltd IPO Promoter Holding
| Pre Issue Share Holding | 24.07% |
| Post Issue Share Holding | 17.61% |
Accretion Pharmaceuticals Ltd IPO Subscription Status (Bidding Detail)
The Accretion Pharmaceuticals Ltd IPO is subscribed 0 times on 16 May 2025 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Accretion Pharmaceuticals Ltd IPO Prospectus
Accretion Pharmaceuticals Ltd IPO Listing Date
| Listing Date | 21 May 2025 |
| BSE Script | - |
| NSE Symbol | - |
| Listing In | NSE - SME |
| ISIN | INE0T8T01010 |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
29 Xcelon Ind Park 1Vasna Chacharvadi Sanand,Ahmedabad-382213
Phone: +91 97148 82929
Email: care@accretionpharma.com
Website: http://www.accretionpharma.com
Accretion Pharmaceuticals Ltd IPO Registrar
Accretion Pharmaceuticals Ltd IPO Lead Manager(s)
- Jawa Capital Services Pvt Ltd
FAQ
What is the issue size of Accretion Pharmaceuticals Ltd IPO?
I have pre-applied for Accretion Pharmaceuticals Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.