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IPO Synopsis

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Accretion Pharmaceuticals Ltd
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
Opened On Closed On Offer Price Application
14-May-25 16-May-25 ₹  101.00 ₹  101.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  Lead Managers to the Issue
Project Cost ₹   27.45 Cr
Jawa Capital Services Pvt Ltd
Project Financed through Current Offer ₹   29.75 Cr  
Post Issue Equity Share Capital ₹   11.12 Cr  
Face Value ₹   10  
 
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
No Data Found.
 
 

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