Innova Captab Ltd
Price Range
₹426 - ₹448
Min. Quantity
33
Closes on
26 December 2023
Min. investment
₹14,784/429 Shares
Innova Captab Ltd IPO Timeline
Innova Captab Limited was incorporated as Harun Health Care Private Limited', dated January 3, 2005, as a Private Limited Company at Mumbai. Thereafter, the name of the Company was changed from Harun Health Care Private Limited' to Innova Captab Private Limited', and a fresh Certificate of Incorporation dated February 2, 2010, was issued by RoC to the Company. Subsequently, Company got converted to a Public Company on July 12, 2018, and the name was changed to Innova Captab Limited', dated July 26, 2018.
| Event | Date |
|---|---|
| Innova Captab Ltd IPO Opening Date | 21 December 2023 |
| Innova Captab Ltd IPO Closing Date | 26 December 2023 |
| Basis of Allotment | 27 December 2023 |
| Initiation of Refunds | 28 December 2023 |
| Credit of Shares to Demat | 28 December 2023 |
| Innova Captab Ltd IPO Listing Date | 29 December 2023 |
Innova Captab Ltd IPO Details
| Innova Captab Ltd IPO Date | 21 December 2023 to 26 December 2023 |
| Innova Captab Ltd IPO Face Value | ₹10 per share |
| Innova Captab Ltd IPO Price | ₹426 to ₹448 per share |
| Innova Captab Ltd IPO Lot Size | 33 |
| Issue Size | Shares of ₹10 (aggregating up to ₹570 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹320 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹250 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 25,31,962 of the Net Offer |
| Retail Shares Offered | Not less than 45,82,233 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 19,63,815 of the Net Offer |
| Company Promoters | Manoj Kumar Lohariwala, Vinay Kumar Lohariwala |
Innova Captab Ltd IPO Lot Size
The Innova Captab Ltd IPO lot size is 33 shares. A retail-individual investor can apply for up to 13 lots (429 shares or ₹1,92,192).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 33 | ₹14,784 |
| Maximum | 13 | 429 | ₹1,92,192 |
- Strengths
- Risks
- Opportunities
- leading presence and one of the fastest growing CDMOs in the Indian pharmaceutical formulations market.
- Well established relationships with its marquee CDMO customer base.
- Highly efficient operations, including its world class manufacturing facilities and supply chain.
- Rapidly growing domestic and international export branded generics businesses.
- Strong R&D focus to build an increasingly complex product portfolio and attract and retain customers.
- Consistent financial performance.
- Experienced promoters and management team.
Company Financials
Innova Captab Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 1,155.07 | 875.65 | 68.16 |
| 03-2023 | 678.34 | 867.41 | 57.55 |
| 03-2022 | 544.91 | 788.31 | 66.18 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repaymnet and/or prepayment in part of in full of certain outstanding loans of the company
- Investment in the subsidiary UML for repayment and of prepayment in part or full of an outstanding loan available by UML
- Funding the working capital requirements
- General corporate pusposes
Innova Captab Ltd IPO Promoter Holding
| Pre Issue Share Holding | 37.12% |
| Post Issue Share Holding | 29.07% |
Innova Captab Ltd IPO Subscription Status (Bidding Detail)
The Innova Captab Ltd IPO is subscribed 55.26 times on 26 December 2023 05:00:00 PM. The public issue subscribed 17.15 times in the retail category, 116.73 times in the QIB category, and 64.95 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 116.73 | 64.95 | 17.15 | - | 55.26 |
Innova Captab Ltd IPO Prospectus
Innova Captab Ltd IPO Listing Date
| Listing Date | 29 December 2023 |
| BSE Script | 544067 |
| NSE Symbol | INNOVACAP |
| Listing In | BSE, NSE |
| ISIN | INE0DUT01020 |
| IPO Price | ₹448 |
| Face Value | ₹10 |
Company Contact Information
601 Proxima Plot # 19Sector 30 A Vashi,Navi Mumbai-400705
Phone: 91-22-2564 2095
Email: investors@innovacaptab.com
Website: www.innovacaptab.com
Innova Captab Ltd IPO Registrar
Innova Captab Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- JM Financial Ltd
FAQ
What is the issue size of Innova Captab Ltd IPO?
I have pre-applied for Innova Captab Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.