– Akums Drugs and Pharmaceuticals Limited’s IPO opened today and will remain open until August 1, 2024
– The IPO price band is set at ₹646 to ₹679 per equity share
– The company aims to raise ₹1,856.74 crore, with ₹1,176.74 crore reserved for the Offer for Sale (OFS) route
– Shares are available at a premium of ₹181 in the grey market
– The issue is proposed for listing on BSE and NSE, with an expected listing date of August 6, 2024
– Analysts recommend applying for the IPO for potential gains, with differing perspectives on the company’s business and profitability
– Investors are advised to seek advice from certified experts before making investment decisions.