| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹29.75 Cr |
| Reserved for Market Maker | ₹1.49 Cr |
| Net Issue Size | ₹29.75 Cr |
| Fresh Issue | ₹28.26 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน96.00-101.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | ACCPL |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Jawa Capital Services Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 2012, Accretion Pharmaceuticals Limited is a pharmaceutical company that manufactures and sells tablets, capsules, and other healthcare products.
The company also offers contract manufacturing services. The Company manufactures and markets Tablets, Capsules, Oral Liquids, External Preparations (Ointment, Cream, Gel, Lotion, Medicated Shampoo, Mouthwash, Dusting Powder), and Oral Powder (Sachet, Dry Syrup).
The company also holds ISO 9001:2015, ISO 14001:2015, and ISO 22000:2005 certifications, reflecting its dedication to quality and environmental management systems.
The company's manufacturing unit is located in Ahmedabad, Sanand, Gujarat.
The company has expanded its global footprint, marking its presence in more than 20 countries, including regions in Africa, Southeast Asia, and the Middle East.
Product Portfolio and Services
As of January 2025, the company has 83 employees (including 4 Executive Directors) on its payroll.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Capital expenditure towards purchase of new equipment/ machineries, etc. | 2.70 |
| 2 | Capital expenditure towards upgradation of existing manufacturing facility | 4.66 |
| 3 | Repayment/prepayme nt of certain borrowings availed by the Company | 0.99 |
| 4 | Funding working capital requirements of the Company | 14.68 |
| 5 | General Corporate Purposes | 4.43 |
| 6 | Issue Expenses | 2.30 |
| Total | 29.75 |
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 39.99 | 27.05 | 20.58 | 17.74 |
| Total Income | 35.75 | 33.94 | 29.53 | 22.58 |
| Profit After Tax | 5.24 | 3.88 | 0.10 | 0.08 |
| NET Worth | 13.58 | 5.35 | 3.84 | 3.08 |
| Reserves and Surplus | 5.41 | 1.35 | ||
| Total Borrowing | 13.79 | 13.48 | 8.47 | 7.61 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 72.47% |
| ROCE | 36.73% |
| Debt / Equity | 2.52% |
| RoNW | 72.47% |
| PAT Margin | 11.51% |
| Price to Book Value | 7.55 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 4.74 | 6.28 |
| P/E (x) | 21.29 | 16.08 |
| Promoter Holding | 100% | 73.48% |
| Market Cap | โน112.27 Cr. | |