Valiant Laboratories Ltd IPO
Price Range
₹133 - ₹140
-
Min. Quantity
105 Shares
Closes on
3 October 2023
-
Min. investment
₹14,700
Valiant Laboratories Ltd IPO Timeline
| Event | Date |
|---|---|
| Valiant Laboratories Ltd IPO Opening Date | 27 September 2023 |
| Valiant Laboratories Ltd IPO Closing Date | 3 October 2023 |
| Basis of Allotment | 4 October 2023 |
| Initiation of Refunds | 5 October 2023 |
| Credit of Shares to Demat | 5 October 2023 |
| Valiant Laboratories Ltd IPO Listing Date | 6 October 2023 |
Valiant Laboratories Ltd IPO Details
| Valiant Laboratories Ltd IPO Date | 27 September 2023 to 3 October 2023 |
| Valiant Laboratories Ltd IPO Face Value | ₹10 per share |
| Valiant Laboratories Ltd IPO Price | ₹133 to ₹140 per share |
| Valiant Laboratories Ltd IPO Lot Size | 105 |
| Issue Size | Shares of ₹10 (aggregating up to ₹152.46 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹152.46 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 21,78,030 of the Net Offer |
| Retail Shares Offered | Not less than 38,11,500 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 16,33,500 of the Net Offer |
| Company Promoters | Shantilal Shivaj Vora, Dhanvallabh Ventures LLP, Santosh Shantilal Vora |
Valiant Laboratories Ltd IPO Lot Size
The Valiant Laboratories Ltd IPO lot size is 105 shares. A retail-individual investor can apply for up to 13 lots (1,365 shares or ₹1,91,100).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 105 | ₹14,700 |
| Maximum | 13 | 1,365 | ₹1,91,100 |
- Strengths
- Risks
- Opportunities
- Experienced promoter and strong management team:
- Strong Focus on Sustainability in Operations:
- Strategically located manufacturing facility:
- Quality-Focused Compliant Manufacturing and R&D Infrastructure:
- Reducing dependence on import of raw materials:
Company Financials
Valiant Laboratories Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 317.28 | 138.79 | -2.15 |
| 03-2024 | 324.73 | 191.73 | 0.34 |
| 03-2023 | 212.76 | 338.77 | 29.00 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Investment in VASPL for part financing its capital expenditure
- Requirements in relation to the setting up of the proposed facility
- Investment in VASPL for fuding its working capital requirements of VASPL
- General corporate purposes
Valiant Laboratories Ltd IPO Promoter Holding
| Pre Issue Share Holding | 10.01% |
| Post Issue Share Holding | 7.5% |
Valiant Laboratories Ltd IPO Subscription Status (Bidding Detail)
The Valiant Laboratories Ltd IPO is subscribed 29.76 times on 3 October 2023 05:00:00 PM. The public issue subscribed 16.06 times in the retail category, 20.83 times in the QIB category, and 73.64 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 20.83 | 73.64 | 16.06 | - | 29.76 |
Valiant Laboratories Ltd IPO Prospectus
Valiant Laboratories Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE, NSE |
| ISIN | INE0JWS01017 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
104 Udyog Kshetra MulundGoregaon Link Rd Mulund West,Mumbai-400080
Phone: +91 22 49712001
Email: complianceofficer@valiantlabs.in
Website: www.valiantlabs.in
Valiant Laboratories Ltd IPO Registrar
Email: valiantlaboratories.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com
Valiant Laboratories Ltd IPO Lead Manager(s)
- Unistone Capital Pvt Ltd
How to Check the Allotment Status of Valiant Laboratories Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Valiant Laboratories Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Valiant Laboratories Ltd IPO
Valiant Laboratories Limited was originally formed as a Partnership Firm as M/s. Bharat Chemicals' through deed of partnership dated October 17, 1980. The said Partnership Firm, M/s. Bharat Chemicals thereafter converted into a Public Company to 'Valiant Laboratories Limited' via Certificate of incorporation dated August 16, 2021 issued by the Central Registration Centre, Registrar of Companies.