Accretion Pharmaceuticals IPO

LISTED
SME

NSE • Lot Size: 1200 • SME

Price Band

₹96 - ₹101

Lot Size

1200

Issue Size

₹29.75 Cr

GMP

N/A

Subscription

7.67x

Analyzing...

IPO Schedule

1

Open

14 May 2025

2

Close

16 May 2025

3

Allotment

-

4

Listing

21 May 2025

About Accretion Pharmaceuticals

Accretion Pharmaceuticals is an SME focused on manufacturing and marketing pharmaceutical formulations. They operate primarily within the domestic market, supplying a range of therapeutic products.

Key Strengths

  • High Return on Equity (ROE) of 72.47% indicates efficient use of shareholder equity and strong profitability.
  • Relatively moderate Price to Earnings (P/E) ratio of 21.29, potentially indicating reasonable valuation compared to industry peers (requires further peer comparison).
  • Focus on pharmaceutical formulations provides a stable and essential product offering.
  • SME segment listing provides access to capital markets for growth and expansion.
  • Established presence in the domestic pharmaceutical market.

Risk Factors

  • SME segment listing carries inherent risks associated with smaller companies, including limited financial resources and operational scale.
  • Pharmaceutical industry is highly regulated and competitive, requiring continuous investment in R&D and marketing.
  • Dependence on domestic market exposes the company to local economic conditions and regulatory changes.

Valuation Analysis

The IPO appears reasonably valued based on the P/E ratio, but a comprehensive valuation analysis should consider comparable companies and future growth prospects. The high ROE is a positive indicator, warranting further investigation of the company's competitive advantages.

IPO Details

ExchangeNSE
SegmentSME
ISININE0T8T01010
NSE SymbolACCPL
Face Value10
Lot Size1200
Issue Size₹29.75 Cr

Key Metrics

ROE72.47%
ROCE36.73%
P/E Ratio21.29
Industry P/E20
EPS4.74
PAT Margin11.51%
Debt/Equity2.52

Growth & Quality

ProfitableYes ✓

Subscription

Total1.12x

Documents

RHP not available

Key Dates

Open Date14 May 2025
Close Date16 May 2025
Listing21 May 2025