Accretion Pharmaceuticals Ltd IPO

Presently our Company is engaged in the business of manufacturing and marketing of Tablets, Capsules, Oral Liquid, External Preparations (Ointment, Cream, Gel, Lotion, Medicated Shampoo, Mouthwash, Dusting Powder), And Oral Powder (Sachet, Dry Syrup) etc.

Open Demat Account

50years

Accretion Pharmaceuticals Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 29.46 LTBATBA₹ 81.7 LNSE₹ 29.75 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
14 May, 2516 May, 251200 ₹ 1,15,200 Book Building - SME21 May, 25

Accretion Pharmaceuticals Ltd IPO Dates

  • 14 May 2025

    Opening date

  • 16 May 2025

    Closing date

  • 19 May 2025

    Basis of
    Allotment

  • 20 May 2025

    Initiation of
    Refunds

  • 20 May 2025

    Credit of
    Shares

  • 21 May 2025

    Listing date

Details

SectorType
SectorPharmaceuticals - Indian - Bulk Drugs & Formln
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x00
NII0x00
Retail0x00
Employee0x00
Total0x29460000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Accretion Pharmaceuticals Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations2.22TBATBA
EBITDA2.44TBATBA
PAT1.49TBATBA
Total Assets21.48TBATBA
Share Capital4.00TBATBA
Total Borrowings6.35TBATBA
Operating Activities (Net Cash)1.71TBATBA
Investing Activities (Net Cash)0.00TBATBA
Financing Activities (Net Cash)6.35TBATBA
Net Cashflow0.09TBATBA

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Accretion Pharmaceuticals Ltd

Accretion Pharmaceuticals was incorporated in the year 2012, our Promoters Harshad Nanubhai Rathod, Vivek Ashok Kumar Patel, Mayur Popatlal Sojitra and Hardik Mukundbhai Prajapati, came together to establish a pharmaceutical manufacturing unit, with vision to provide health care products that match international quality standards at competitive price. Thus, the foundation of Accretion Pharmaceuticals was laid down, which was started as a Partnership Firm under the Partnership Act, 1932 (Partnership Act) in the name and style of Accretion Pharmaceuticals, pursuant to a deed of partnership dated December 18, 2012. Our manufacturing facility which is currently located at 28 & 29 Xcelon Ind Park 1, B/H, Intas Pharmaceuticals, Vasna Chacharvadi, Ahmedabad, Sanand, Gujarat 382213, commenced its manufacturing operations in year 2014. Thereafter, pursuant to a resolution passed by the partners of Accretion Pharmaceuticals on October 16, 2023, the Partnership Firm was converted into a Limited Company under Part I (Chapter XXI) of the Companies Act, 2013 in the name of Accretion Pharmaceuticals Limited and a certificate of incorporation dated November 29, 2023 was issued by the Registrar of Companies, Central Registration Centre, for and on behalf of the jurisdictional Registrar of Companies.

The Indian Pharmaceuticals industry plays a prominent role in the global pharmaceuticals industry. Major segments of Indian Pharmaceutical Industry include generic drugs, OTC medicines, bulk drugs, vaccines, contract research & manufacturing, biosimilars and biologics. India is a global leader in the supply of DPT, BCG, and Measles vaccines. The nation is the largest provider of generic medicines globally, occupying a 20% share in global supply by volume, and is the leading vaccine manufacturer globally. India also has the highest number of US-FDA compliant Pharma plants outside of USA and is home to more than 3,000 pharma companies with a strong network of over 10,500 manufacturing facilities as well as a highly skilled resource pool. Overview of the Pharmaceuticals Industry: The pharmaceutical industry in India is expected to reach $65 Bn by 2024 and to $130 Bn by 2030. The pharmaceutical industry in India is currently valued at $50 Bn. India is a major exporter of Pharmaceuticals, with over 200+ countries served by Indian pharma exports. India supplies over 50% of Africa's requirement for generics, ~40% of generic demand in the US and 25% of all medicine in the UK. India also accounts for ~60% of global vaccine demand, and is a leading supplier of DPT, BCG and Measles vaccines. 70% of WHO's vaccines (as per the essential Immunization schedule) are sourced from India.

Presently our Company is engaged in the business of manufacturing and marketing of Tablets, Capsules, Oral Liquid, External Preparations (Ointment, Cream, Gel, Lotion, Medicated Shampoo, Mouthwash, Dusting Powder), And Oral Powder (Sachet, Dry Syrup) etc.

Peer Comparison:

  • Sakar Healthcare Ltd
  • Lincoln Pharmaceuticals Ltd
  • Sotac Pharmaceuticals Ltd

Accretion Pharmaceuticals Ltd IPO Key Points

Strengths

  • 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.

Risk

  • A significant portion of its revenue is derived from exports, and any decline in export profitability may adversely impact its overall financial performance.
  • The Company operates in pharmaceutical sector, which is extensively regulated, any failures on the company part to comply with the existing and future statutory and/or regulatory requirements in the pharmaceutical sector could adversely affect its business, results of operations and financial condition.
  • Its manufacturing units are subject to periodic inspections and audits by regulatory authorities and clients. Its may be subject to regulatory action which may damage the company reputation leading to an adverse effect on its business, results of operations, financial condition and cash flows.

Strategy

  • Improve global presence.
  • Leveraging our market skills and relationship.
  • Maintaining edge over competitors.
  • Customer Satisfaction.
  • 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.

How To Apply for Accretion Pharmaceuticals Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Accretion Pharmaceuticals Ltd's IPO offers shares for up to ₹ 0 L It begins on May 14, 2025 and ends on May 16, 2025.

The price of Accretion Pharmaceuticals Ltd IPO ranges between ₹96 to ₹101 per share.

The Accretion Pharmaceuticals Ltd IPO opens on May 14, 2025 and closes on May 16, 2025.

The allotment for the Accretion Pharmaceuticals Ltd IPO will be finalised on May 19, 2025. The shares will be listed on BSE and NSE on May 21, 2025.

The minimum lot size for Accretion Pharmaceuticals Ltd IPO is 1200 shares, priced between ₹96 to ₹101 per share.

The GMP (Grey Market Premium) of Accretion Pharmaceuticals Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Accretion Pharmaceuticals Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Accretion Pharmaceuticals Ltd IPO is getting listed on the BSE and NSE. Bidding opens on May 14, 2025, and closes on May 16, 2025. The allotment is finalised on May 19, 2025.

To apply for the Accretion Pharmaceuticals Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.