#IPOAlert Akums Drugs and Pharmaceuticals Limited launched its IPO today!
Here are a few key highlights about the company:
Akums Drugs and Pharmaceutical Limited is a leading CDMO offering comprehensive pharmaceutical products and services in India and globally.
It developed 4,025 commercialized formulations in over 60 dosage forms; and catered to 26 of India’s top 30 pharmaceutical companies in FY 2023.
Operates 10 manufacturing units with a total annual capacity of 49.21 billion units, with plans to add two more units by FY 2025.
Its revenue grew by 13.81% in FY 2024, although profit after tax (PAT) fell by 99.19% compared to FY 2023.
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