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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Accretion Pharmaceuticals Ltd
Registered Office: 29 Xcelon Ind Park 1, Vasna Chacharvadi Sanand, Ahmedabad - 382213, Gujarat
Phone: 1
Email: 1
Website: 1
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. <br /> <br /> <br />
Issue Money Payable On
Opens On Closes On Application Allotment
14-May-2025 16-May-2025 101.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 27.45
Project Financed through Current Offer 29.75
Post Issue Equity Share Capital 11.12
Issue Price 101.00
Projects
Capital expenditure towards purchase of new equipment/machineries, etc
Capital expenditure towards upgradation of existing mfg facility
Repayment/prepayment of certain borrowings availed by our Company;
Funding working capital requirements
Funding working capital requiremnts
General corporate purposes
Promoted By
Harshad Nanubhai Rathod
Vivek Ashok Kumar Patel
Mayur Popatlal Sojitra
NSE - SME
Registrar to the Issue
Attention Investor
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