The Valiant Laboratories IPO date was confirmed on September 27 and ended on October 3. Read the post to learn about Valiant Laboratories IPO GMP.
Valiant Laboratories IPO date has been confirmed; the IPO is scheduled to go public on November 9 and close on November 11. Valiant Laboratories IPO Technologies IPO will raise approximately Rs. 1,960 crore each through an IPO that includes an additional issue of Rs. Retail share is 35%, QIB share is 50%, and high net worth share is 15%.
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Key Details Of Valiant Laboratories IPO:
Bidding Dates
Sep 27 – Oct 3, 2023
Price Range
₹133 to ₹140 per share
Face Value
₹10 per share
GMP
₹20
Valiant Laboratories IPO GMP
The Valiant Laboratories IPO GMP Today is ₹[20].
Valiant Laboratories IPO Overview
The initial public offering (IPO) price range for Valiant Laboratories has been set at ₹133 to ₹140 per share. A minimum lot size of 105 shares and an investment of ₹14,700 are needed from retail investors. The minimum lot size investment for sNII is 14 lots, or 1,470 shares, for a total of ₹205,800. Conversely, bNII requires a minimum lot size investment of ₹1,014,300, or 69 lots (7,245 shares). The manufacturing facility is located in Plot nos. L-13 and L-30, Tarapur Industrial Area, Boisar, Palghar, 401506, in the state of Maharashtra, India, and is stretched across an aggregate parcel of land measuring approximately 2,000 sq. mts. with an aggregate annual total installed capacity of 9,000 MT per year. Their manufacturing facility uses contemporary gear and equipment to ensure operations run smoothly. As of the date of this Draft, Red Herring
Valiant Laboratories IPO Date & Price Band Details
| IPO Date | September 27, 2023 to October 3, 2023 |
| Listing Date | October 6, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹133 to ₹140 per share |
| Lot Size | 105 Shares |
| Total Issue Size | 10,890,000 shares (aggregating up to ₹152.46 Cr) |
| Fresh Issue | 10,890,000 shares (aggregating up to ₹152.46 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 32,560,000 |
| Share holding post issue | 43,450,000 |
Valiant Laboratories IPO Market Lot
The IPO of Valiant Laboratories IPO has a minimum market lot of 31 shares, requiring an application amount of ₹14,694. Retail investors have the opportunity to apply for a maximum of 13 lots, which amounts to 403 shares or ₹191,022.
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 105 | ₹14,700 |
| Retail (Max) | 13 | 1365 | ₹191,100 |
| S-HNI (Min) | 14 | 1,470 | ₹205,800 |
| S-HNI (Max) | 68 | 7,140 | ₹999,600 |
| B-HNI (Min) | 69 | 7,245 | ₹1,014,300 |
Valiant Laboratories IPO Allotment and Listing Dates
| IPO Open Date | Wednesday, September 27, 2023 |
| IPO Close Date | Tuesday, October 3, 2023 |
| Basis of Allotment | Thursday, October 5, 2023 |
| Initiation of Refunds | Friday, October 6, 2023 |
| Credit of Shares to Demat | Friday, October 6, 2023 |
| Listing Date | Friday, October 6, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 3, 2023 |
Valiant Laboratories IPO Company Financial Report
| IPO Open: | September 27, 2023 |
| IPO Close: | October 3, 2023 |
| IPO Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx 11,556,000 shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
Company Profile
Valiant Laboratories IPO Ltd. is a non-bank financial company (NBFC-ND-SI) established in 1984. It focuses on lending money to self-employed individuals and small businesses for secure commercial purposes. It consists of 311 branches spread over 150 states in a union territory, including India. Valiant Laboratories IPO Limited has built a new business model centred on finding an adequate risk framework and assessing the
optimal ratio of instalments to income. This arrangement ensures that funds are available to lend to borrowers, meet their ongoing commitments, and meet any event-based capital requirements. The company is headquartered in Chennai, Tamil Nadu, and is well known throughout South India. As of September 30, 2021, Valiant Laboratories IPO Limited had 4,306 dedicated employees.
Registrar Info
| Name | LINK INTIME INDIA PRIVATE LIMITED |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | https://valiantlabs.in/ |
Contact Details
| Name | Valiant Laboratories |
| Phone number | +91 22497 12001 |
| Email ID | [email protected] |
| Website | https://valiantlabs.in/ |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- We need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Valiant Laboratories IPO FAQs
When will Valiant Laboratories IPO start?
The Valiant Laboratories IPO starts on September 27, 2023. The issue ends on October 3, 2023.
What is Valiant Laboratories IPO size?
The Valiant Laboratories IPO size is 10890000 Equity Shares of ₹10 aggregating up to ₹152.46 Cr.
When will Valiant Laboratories IPO allot?
The Valiant Laboratories IPO allot status will be available online on October 5, 2023.
When is Valiant Laboratories IPO listing?
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