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VLVALIANTLABListed

Valiant Laboratories Limited

Bookbuilding IPO · NSE, BSE

Price band
₹133 - ₹140
Lot size
105 shares
Issue amount
₹152 cr
Total subscription
29.75×
Current price₹104.89
Listing price ₹162.15
Watch live price ↗
Opens
27 Sept 2023
Closes
3 Oct 2023
Allotment
4 Oct 2023
Listing
6 Oct 2023

Offer at a glance

Issue overview

Issue size
1,15,56,000 shares
Face value
₹10 per share
Minimum investment
₹13,965
Fresh issue
₹152 cr
Offer for sale
₹0 cr
Registrar
Link Intime India Private Limited
Listing exchange
NSE, BSE
Maximum investment
₹14,700
Issue type
Bookbuilding IPO
Shares before issue
3,25,60,000
Shares after issue
4,41,16,000

Lot sizes

CategoryLotsSharesAmount
RETAIL1105₹14,700
sHNI141,470₹2,05,800
bHNI697,245₹10,14,300

Share reservation

Retail35%
NII(HNI)15%
QIB50%

Subscription & GMP

Subscription by category

Total subscribed29.75×

Missing multiples are calculated from bids and offered shares when available.

QIB20.83×
NIB73.63×
HNIs(10L +)78.64×
HNIs (2-10L)63.63×
RETAIL16.05×

GMP history

0102018 Mar: ₹206 Nov: ₹20
18 Mar₹206 Nov

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs30.49635.06
RETAIL53.36856.39
NIB22.871,683.93
HNIs 2+7.62485.02
HNIs 10+15.251,198.91

Financial performance

Company financials

In Crores · Reported periods may include interim results.

Revenue & profitIn Crores
0100200300400Mar 2023 · Revenue: 338.77Mar 2023 · Profit after tax: 29Mar 2023Mar 2022 · Revenue: 293.47Mar 2022 · Profit after tax: 27.5Mar 2022Mar 2021 · Revenue: 183.78Mar 2021 · Profit after tax: 30.59Mar 2021
RevenueProfit after tax

Key performance indicators

MetricValues
EPS8.91
ROE33.73
ROCE22.76
RONW28.86
PRE IPO(PE)15.71
POST IPO(PE)0

Values and labels as reported in the issue data.

Company information

Company profile

Incorporated in 1980, Valiant Laboratories Limited is an Active Pharmaceutical Ingredient (API) manufacturing company in India primarily focused on producing Paracetamol. The company operates a manufacturing facility in Palghar, Maharashtra, spread across 2,000 sq. meters with a total installed annual capacity of 9,000 MT. Valiant Laboratories also has an in-house R&D facility equipped with an analytical laboratory and infrastructure to support development and improvement of existing products, strengthening its capabilities in the pharmaceutical ingredient space.

Promoters

Shantilal Shivji Vora

Dhanvallabh Ventures LLP (DVL)

Registrar & documents

Lead manager

Unistone Capital Private Limited

Registered office

104,Udyog Kshetra, Mulund Goregaon Link Road, Mulund West, Mumbai -400080

+91 2249712001

[email protected]Company website ↗

Understanding VALIANTLAB IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.