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Valiant Laboratories IPO

Valiant Laboratories IPO Date, Price, GMP, Review, Details

Valiant Laboratories IPO Details: Valiant Laboratories IPO date is fixed, the IPO is to hit the market on September 27 and will close on October 3. Valiant Laboratories IPO to raise around ₹[.] crores via IPO that comprises fresh issue of 11,556,000 equity shares ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Valiant Laboratories is an Active Pharmaceutical Ingredient (API) / Bulk Drug manufacturing company having focuses on the manufacturing of Paracetamol. Bulk drugs/Active Pharmaceutical Ingredients (API) serve as raw materials for manufacturing finished dosage forms or formulations. Paracetamol is one of the most commonly taken analgesics worldwide and is recommended as the first-line therapy in pain conditions by the World Health Organization (WHO).

Paracetamol has several applications such as usage in the treatment of headaches, muscle aches, arthritis, backaches, toothaches, colds, and fever. They manufacture Paracetamol in various grades such as IP/BP/EP/USP, as per the pharmacopeia requirements of their customers.

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 which is spread over an aggregate parcel of land admeasuring 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.

Within their Manufacturing Facility located at Tarapur Industrial Area, Palghar, Maharashtra they also have an in-house R&D infrastructure (R&D Facility). Their R&D Facility is equipped with an analytical laboratory and infrastructure for developmental activities in existing products. They believe that their focus on R&D, compliance with regulatory standards, quality systems, and continuous process improvement has positioned us as a long-standing supplier to their customers.

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.
  • 3General corporate purposes

Valiant Laboratories IPO Review (Apply or Not)

  • To be updated soon

Brokerage Firm IPO Review

  • Capital Market: To be updated soon
  • Religare Broking: To be updated soon
  • Hem Securities: To be updated soon
  • Arihant Capital: To be updated soon

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
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

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.

ApplicationLot SizeSharesAmount
Retail Minimum1₹-
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-

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

Also Read: RR Kabel IPO: Shares List at 14% premium at ₹1,180 on NSE

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 can apply for Valiant Laboratories IPO via IPO forms downloaded via NSE and BSE. Check out the Valiant Laboratories forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Valiant Laboratories Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2021₹183.78₹136.75₹30.59
2022₹293.47₹251.76₹27.49
2023₹338.77₹300.63₹28.99

Valiant Laboratories IPO Valuation – FY2023

Check Valiant Laboratories IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹8.91 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):28.86%
Net Asset Value (NAV):₹30.86 per Equity Share

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: valiantlaboratories.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Valiant Laboratories IPO Allotment Status Check

Check Valiant Laboratories IPO allotment status on Linkintime website allotment URL. Click Here

Valiant Laboratories IPO Lead Managers aka Merchant Bankers

  • Unistone Capital Private Limited

Company Address

Valiant Laboratories Limited
104, Udyog Kshetra, Mulund Goregaon Link Road,
Mulund West,
Mumbai -400080, Maharashtra
Phone: +91 2249712001
Email: complianceofficer@valiantlabs.in
Website: www.valiantlabs.in

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Valiant Laboratories IPO FAQs

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.

When Valiant Laboratories IPO will open?

The IPO is to open on September 27, 2023 for QIB, NII, and Retail Investors.

What is Valiant Laboratories IPO Investors Portion?

The investors’ portion for QIB is 50%NII is 15%, and Retail is 35%.

How to Apply the Valiant Laboratories IPO?

You can apply for Valiant Laboratories IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

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. Open Demat Account with Zerodha.

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. Open Demat Account with Upstox.

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. Open Demat Account with Paytm Money.

What is Valiant Laboratories IPO Size?

Valiant Laboratories IPO size is ₹[.] crores.

What is Valiant Laboratories IPO Price Band?

Valiant Laboratories IPO Price Band is ₹[.] to ₹[.].

What is the Valiant Laboratories IPO Allotment Date?

Valiant Laboratories IPO allotment date is October 6, 2023.

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.

Note: The Valiant Laboratories IPO price band and date are not officially announced yet. The IPO grey market premium (Valiant Laboratories IPO Premium) will be added to the IPO grey market page as it will start).