Valiant Laboratories IPO is a book-built issue of 1.16 crore shares. The issue is entirely a fresh issue of 1.16 crore shares. Valiant Laboratories IPO opens for subscription on September 27, 2023, and closes on October 3, 2023. The allotment for the Valiant Laboratories IPO is expected to be finalized on Friday, October 6, 2023. Valiant Laboratories IPO will list on BSE, and NSE, with a tentative listing date fixed as Wednesday, October 11, 2023.
Valiant Laboratories IPO price bands are yet to be announced.
Their manufacturing facility is located at Plot nos. L-13 and L-30, Tarapur Industrial Area, Boisar, Palghar, 401506, in the state of Maharashtra, India and is spread over an aggregate parcel of land measuring about 2,000 sq. mts. with an aggregate annual total installed capacity of 9,000 MT per annum. Their Manufacturing Facility employs modern machinery and equipment to ensure a smooth flow of operations. As of the date of this Draft Red Herring
Prospectus, They are holding a certificate of good manufacturing practices (GMP) for the manufacture and sale of bulk drugs / API and ISO 9001:2015 certification. Their quality control team monitors the manufacturing process at all stages from the initial testing stage for incoming raw material to the final product before packing.
Valiant Laboratories IPO Date & Price Band Details
| 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 |
Valiant Laboratories IPO Allotment & Listing Dates
The Valiant Laboratories IPO date is September 27 and the close date is October 3. The Valiant Laboratories IPO allotment will be finalized on October 6 and the IPO listing on October 11.
| Anchor Investors Allotment: | September 26, 2023 |
|---|---|
| IPO Open Date: | September 27, 2023 |
| IPO Close Date: | October 3, 2023 |
| Basis of Allotment: | October 6, 2023 |
| Refunds: | October 9, 2023 |
| Credit to Demat Account: | October 10, 2023 |
| IPO Listing Date: | October 11, 2023 |
Objects of the Issue
- Investment in our wholly-owned subsidiary, Valiant Advanced Sciences Private Limited (VASPL) for part-financing its capital expenditure requirements in relation to the setting up of a manufacturing facility for specialty chemicals at Saykha Industrial Area, Bharuch, Bharuch, Gujarat (Proposed Facility).
- Investment in VASPL for funding its working capital requirements.
- General corporate purposes.
Valiant Laboratories IPO Market Lot
The Valiant Laboratories IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up to 13 lots with [.] shares or ₹[.] amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Valiant Laboratories IPO Form
How to apply for the Valiant Laboratories IPO? –> You can apply for Valiant Laboratories IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Valiant Laboratories IPO in the Invest section. The other option is you apply for Valiant Laboratories IPO via IPO forms downloaded via NSE and BSE.
Valiant Laboratories Company Financial Report
The below figures are in crores
| Year | Revenue | Expense | PAT |
|---|---|---|---|
| 2021 | ₹183.78 | ₹136.75 | ₹30.59 |
| 2022 | ₹293.47 | ₹251.76 | ₹27.49 |
| 2023 | ₹338.77 | ₹300.63 | ₹28.99 |
Peer Group
- Granules India Ltd
- Jagsonpal Pharmaceuticals Limited
Company Promoters
- Shantilal Shivji Vora
- Dhanvallabh Ventures LLP
Valiant Laboratories IPO Registrar
Link Intime India Private Limited
Phone: +91 8108114949
Email: [email protected]
Website: https://linkintime.co.in/
Company Address
Valiant Laboratories Limited
104, Udyog Kshetra, Mulund Goregaon Link Road,
Mulund West,
Mumbai -400080, Maharashtra
Phone: +91 2249712001
Email: [email protected]
Website: www.valiantlabs.in
Valiant Laboratories IPO FAQs
Q1. What is Valiant Laboratories IPO?
Valiant Laboratories IPO is a main-board IPO. They are going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.
Q2. When Valiant Laboratories IPO will open?
The IPO is to open on September 27, 2023 for QIB, NII, and Retail Investors.
Q3. What is Valiant Laboratories IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. What is Valiant Laboratories IPO Size?
Valiant Laboratories IPO size is ₹[.] crores.
Q5. What is Valiant Laboratories IPO Price Band?
Valiant Laboratories IPO Price Band is ₹[.] to ₹[.].
Q6. What is the Valiant Laboratories IPO Allotment Date?
Valiant Laboratories IPO allotment date is October 6, 2023.
Q7. What is the Valiant Laboratories IPO Listing Date?
Valiant Laboratories IPO listing date is October 11, 2023. The IPO is to list on BSE and NSE.
Q8. How to Apply the Valiant Laboratories IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Valiant Laboratories”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
Q9. How to Apply the Valiant Laboratories IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Valiant Laboratories”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
Q10. How to Apply the Valiant Laboratories IPO through Paytm Money?
Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Valiant Laboratories”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
