Accretion Pharmacuticals IPO Listing today. Check GMP in front of debut

Accretion Pharmacuticals IPO Listing today. Check GMP in front of debut

ACCREGTION Pharmaceutical, a Gujarat based in Pharma ManufactureEnds at Rs 29.75 crore SM IPO on May 16. The issue between Rs 96 and Rs 101 part of equity. Despite a strong subscription of 7.31 times, the gray market premium (GMP) remains flat in Rs 0, suggests a careful market penalty before the list of NS SME platform.

IPO witnessed strong involvement in investise investment categories

The Accegtion Pharmaceutical, established in 2012, specialization to make and sell a variety of pharmautical products, including tablets, capsules, corrupt, and oral power preparations.

Uban sa usa ka presensya sa kapin sa 20 ka mga nasud sa tibuuk nga Africa, ang Timog-Silangang Asya, ug ang Tunga sa Sidlakan, ang accretion nagtukod sa iyang kaugalingon ingon usa ka hinungdanon nga magdudula sa sektor sa Pharmaceutical sa sektor sa Pharmaceutical sa sektor sa Pharmaceutical sa sektor sa Pharmaceutical sa sektor sa Pharmaceutical sa sektor sa Pharmaceutical sa sektor sa Pharmaceutical sa sektor sa Pharmaceutical in the pharmaceutical sector in the pharmaceutical sector.

Finance, the company shows impressive growth. For the year of fiscal 2024, accration reported to a revenue of Rs 33.94 crore, from Rs 29.53 crore of tax at Rs 0.10 crore at FY23. These numbers show a strong upward tide of the tail of the same income and profits.


The proceeds from the ipo are earmarked for capital expenditures, including the purchase of new equipment and machinery, upgrading existing manufacturing facilities, repayment of certain borrowings, funding working capital requirements, and general corporate purposes.Despite the strong fundamentals and investor interest, the Absence of a gray market premium suggests a cautious approach from the market, possibly due to broader market conditions or sector-specific factors. Investors and market markets accomplishly observe the listing of the listing stock to determine public acceptance in the public market.

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