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ACCPLSME / NSEListed

Accretion Pharmaceuticals Limited

Accretion Pharmaceuticals Limited, founded in 2012 and based in Ahmedabad-Sanand, Gujarat, is a pharmaceutical company active in formulations and contract manufacturing with 83 employees as of January 2025. The company offers a wide range of products including tablets, capsules, syrups, ointments, creams, medicated shampoos, dusting powders, and ayurvedic wellness products, and also provides third-party manufacturing services. The proposed fund usage mainly focuses on growth capex such as facility upgrades and new machinery to increase capacity and support exports to 20+ countries, along with working capital needs, limited debt repayment, and flexibility for general purposes, helping the company scale operations, maintain quality standards, improve liquidity, and support future expansion opportunities.

₹101 - ₹1017.32x sub
Listed Price79.00
Listing Gain-21.78%
TimelineBookbuilding IPO
Open14 May 2025
Close16 May 2025
Allotment19 May 2025
Listing21 May 2025

Quota Reservation Portions

RetailPortion: 12,22,800 shares
41.51%
Nii(hni)Portion: 12,22,800 shares
41.51%
AnchorPortion: 2,11,200 shares
7.17%
QIBPortion: 1,41,600 shares
4.81%
Market MakerPortion: 1,47,600 shares
5.01%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,21,200
HNI2 lots / 2,400 shares
₹2,42,400

About the Company

Accretion Pharmaceuticals Limited, founded in 2012 and based in Ahmedabad-Sanand, Gujarat, is a pharmaceutical company active in formulations and contract manufacturing with 83 employees as of January 2025. The company offers a wide range of products including tablets, capsules, syrups, ointments, creams, medicated shampoos, dusting powders, and ayurvedic wellness products, and also provides third-party manufacturing services. The proposed fund usage mainly focuses on growth capex such as facility upgrades and new machinery to increase capacity and support exports to 20+ countries, along with working capital needs, limited debt repayment, and flexibility for general purposes, helping the company scale operations, maintain quality standards, improve liquidity, and support future expansion opportunities.

Company Promoters

Mr. Mayur Popatlal SojitraMr. Harshad Nanubhai RathodMr. Vivek Ashok Kumar PatelMr. Hardik Mukundbhai Prajapati.
Accretion Pharmaceuticals Limited IPO Details | GMP, Allotment & Financials | IPO Trending