Valiant Laboratories Ltd
Price Range
₹133 - ₹140
Min. Quantity
105
Closes on
3 October 2023
Min. investment
₹14,700/1,365 Shares
Valiant Laboratories Ltd IPO Timeline
Valiant Laboratories Limited was originally formed as a Partnership Firm under the name and style of 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 Limited Company with the name 'Valiant Laboratories Limited' through certificate of incorporation dated August 16, 2021 issued by the Central Registration Centre, Registrar of Companies.
| 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 |
|---|---|---|---|
| 03-2024 | 324.73 | 191.73 | 0.34 |
| 03-2023 | 212.76 | 338.77 | 29.00 |
| 03-2022 | 181.81 | 293.47 | 27.50 |
| 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
| Listing Date | 6 October 2023 |
| BSE Script | 543998 |
| NSE Symbol | VALIANTLAB |
| Listing In | BSE, NSE |
| ISIN | INE0JWS01017 |
| IPO Price | ₹140 |
| Face Value | ₹10 |
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
Valiant Laboratories Ltd IPO Lead Manager(s)
- Unistone Capital Pvt Ltd
FAQ
What is the issue size of Valiant Laboratories Ltd IPO?
I have pre-applied for Valiant Laboratories 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.