Valiant Laboratories Limited
- IPO Date27 Sep, 2023 to 03 Oct, 2023
- Listing Date06 Oct, 2023
- Face Value₹10 per share
- Issue Price₹133 to ₹140 per share
- Lot Size105 Shares
- Minimum Investment₹14,700
- Listing AtBSE, NSE
- Total Issue Size1,08,90,000 Shares
(aggregating up to ₹152.46 Cr) - Fresh Issue1,08,90,000 Shares
(aggregating up to ₹152.46 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue3,25,60,000
- Shareholding post issue4,34,50,000
IPO Dates
Closing Date
03 Oct, 2023
Initiation of Refunds
06 Oct, 2023
Listing Date
06 Oct, 2023
27 Sep, 2023
Opening Date
05 Oct, 2023
Basis of Allotment
06 Oct, 2023
Credit of Shares
Valiant Laboratories Limited Lot Size
Investors can bid for a minimum of 105 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 105 | ₹14,700 |
| Retail (Max) | 13 | 1365 | ₹1,91,100 |
| S-HNI (Min) | 14 | 1470 | ₹2,05,800 |
| S-HNI (Max) | 68 | 7140 | ₹9,99,600 |
| B-HNI (Min) | 69 | 7245 | ₹10,14,300 |
Valiant Laboratories Limited Promoter Holding
Shantilal Shivji Vora, Santosh Shantilal Vora, and Dhanvallabh Ventures LLP (DVL) are the company's promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 74.94% |
Key Performance Indicator
Valiant Laboratories IPO Market Cap is Rs 608.3 Cr and P/E (x) is 15.71.
| KPI | Values |
|---|---|
| ROE | 33.73% |
| ROCE | 22.76% |
| RoNW | 28.86% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 15.71 | 8.91 |
| P/E (x) | 15.71 | 8.91 |
Valiant Laboratories Limited COMPANY INFORMATION
Valiant Laboratories IPO is a book built issue of Rs 152.46 crores. The issue is entirely a fresh issue of 1.09 crore shares. Valiant Laboratories IPO bidding started from September 27, 2023 and ended on October 3, 2023. The allotment for Valiant Laboratories IPO was finalized on Thursday, October 5, 2023. The shares got listed on BSE, NSE on October 6, 2023. Valiant Laboratories IPO price band is set at ₹133 to ₹140 per share. The minimum lot size for an application is 105 Shares. The minimum amount of investment required by retail investors is ₹14,700. The minimum lot size investment for sNII is 14 lots (1,470 shares), amounting to ₹205,800, and for bNII, it is 69 lots (7,245 shares), amounting to ₹1,014,300. Unistone Capital Pvt Ltd is the book running lead manager of the Valiant Laboratories IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to Valiant Laboratories IPO RHP for detailed information.
Incorporated in 1980, Valiant Laboratories Limited is a pharmaceutical ingredient manufacturing company in India having focuses on manufacturing Paracetamol.
The company's manufacturing unit is located in Palghar, Maharashtra, spread across 2,000 sq. mts. of land with an aggregate annual total installed capacity of 9,000 MT per annum. Valiant Laboratories also has an R&D Facility, equipped with an analytical laboratory and infrastructure for developmental activities in existing products.
For the Fiscal 2023, Fiscal 2022 and Fiscal 2021, Valiant Laboratories revenue from operations was Rs. 3,339.10 million, Rs. 2,915.23 million and Rs. 1,823.69 million, respectively.
Valiant Laboratories Limited imports Para Amino Phenol, being the raw material for the manufacture of Paracetamol from China and Cambodia.
As of April 30, 2023, Valiant Laboratories has 86 employees.
FAQs About Valiant Laboratories Limited
Valiant Laboratories Limited will open on 27 Sep, 2023 and close on 03 Oct, 2023. Investors must apply within this period to participate.
The Valiant Laboratories Limited price band is set between ₹133.00 and ₹140.00 per share. The minimum lot size is 105, requiring an investment of at least ₹14700.00.
The Valiant Laboratories Limited shares are expected to be listed on 06 Oct, 2023, subject to regulatory approvals and final allotment.
You can track your Valiant Laboratories Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Valiant Laboratories Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.