IPO Schedule
1
Open
9 Jul
2
Close
11 Jul
3
Allotment
-
4
Listing
16 Jul
Asston Pharmaceuticals IPO
Issue:₹123
List:₹119
CMP:₹80
BSELot: 1000SME
LISTEDSME
Issue Price₹123
Listing₹119
Current₹80
Content
About Asston Pharmaceuticals
Asston Pharmaceuticals is an SME operating in the pharmaceutical sector, likely focusing on manufacturing or distribution of specific drug formulations. The company's specific niche and product portfolio are crucial to understanding its competitive positioning.
Subscription Status
QIB
3.51x
NII
0.66x
Retail
1.22x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 85.76x | 4.47x | 3.51x |
| NII | 353.14x | 19.67x | 0.66x |
| Retail | 172.06x | 16.66x | 1.22x |
| Total | 186.55x | 13.84x | 1.75x |
Risk Factors
•SME IPOs are inherently riskier than mainboard IPOs due to smaller size, potentially lower liquidity, and increased susceptibility to market fluctuations.
•Dependence on regulatory approvals and compliance within the pharmaceutical industry poses significant risk. Changes in regulations can drastically impact operations and profitability.
•The specific product portfolio of Asston Pharmaceuticals is unknown, rendering an assessment of competitive pressures difficult. Reliance on a limited number of products could create vulnerability.