VijayPD Ceutical Limited is a diversified distributor of pharmaceutical products and consumer goods, offering a wide range of services as representatives, dealers, agents, stockists, suppliers, traders, and packers.
The company caters to both the pharmaceutical and wellness industries, as well as the FMCG sector, with an extensive portfolio that includes:
- Medicines such as injections, tablets, capsules, ointments, suppositories, ophthalmic preparations, and liquid orals.
- Wellness and healthcare products including vitamins, hormones, enzymes, tonics, and serums.
- Diagnostic and personal care items like test kits, soaps, sanitizers, and baby care products.
- Ayurvedic and herbal products, cosmetics, food items, dental products, and crude drugs.
As of March 31, 2025, VijayPD Ceutical serves over 2,100 pharmacies, clinics, and nursing homes across four districts, with operations in 20 locations. Its distribution network is supported by partnerships with more than 170 healthcare manufacturers, offering access to 19,000+ SKUs.
With certifications from FDA, FSSAI, and BMC, the company ensures compliance, quality, and reliability in pharmaceutical supply.
Vijaypd Ceutical IPO – Details
| IPO Opening Date | 29 September 2025 |
| IPO Closing Date | 01 October 2025 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 55,00,000 Shares Worth ₹19.25 Crore Fresh Issue: 55,00,000 Shares Worth ₹19.25 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹35 per share |
| Market Lot | 4,000 Shares |
| Min Order | 4,000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Kfin Technologies Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Vijaypd Ceutical IPO – Date Schedule
| IPO Open Date | 29 September 2025 |
| IPO Close Date | 01 October 2025 |
| Basis of Allotment | 03 October 2025 |
| Initiation of Refund | 06 October 2025 |
| Credit of Shares to Demat | 06 October 2025 |
| IPO Listing Date | 07 October 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 01, 2025 |
Vijaypd Ceutical IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 8,000 | ₹2,80,000 |
| Retail (Max) | 2 | 8,000 | ₹2,80,000 |
| HNI (Min) | 3 | 12,000 | ₹4,20,000 |
Competitive Strengths
- Strengthen its market position by increasing its long-term relationships with its clients.
- Comprehensive product portfolio.
- Streamlined supply chain management.
- Experienced management team with proven execution capabilities.
Company Promoters
- Samit Madhukar Shah
- Bhavin Dhirendra Shah
- Rahul Dhirendra Shah
- Narendra Nagindas Shah
- Dina Madhukar Shah
- Hemanti Jitendra Shah
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹50.59 Cr | ₹50.24 Cr | ₹0.18 Cr | ₹25.56 Cr |
| 31 March 2024 | ₹54.34 Cr | ₹51.56 Cr | ₹1.65 Cr | ₹30.04 Cr |
| 31 March 2025 | ₹107.59 Cr | ₹101.06 Cr | ₹4.80 Cr | ₹21.77 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 28.91% |
| ROCE | 17.30% |
| Debt/Equity | 0.68 |
| RoNW | 14.91% |
| PAT Margin | 4.49% |
| EBITDA Margin | 8.04% |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding of capital expenditure requirements of the company towards the construction of Pharmaceutical API/ Intermediates and Chemicals manufacturing plant and purchase of machineries in MIDC – Shrirampur, Ahmednagar, Maharashtra. | ₹10.83 Cr |
| Repayment/prepayment of all or certain of the borrowings availed of by the Company. | ₹5.10 Cr |
| General Corporate Purposes. | ₹0.74 Cr |
✅Strengths
- Wide product portfolio across pharma, wellness, FMCG & ayurveda.
- Network of 2,100+ clients and 170+ manufacturers with 19,000+ SKUs.
- FDA, FSSAI & BMC certified operations.
- Expansion plans in new regions & exports.
⚠️Risks
- High regulatory dependence.
- Operational risks like inventory loss despite insurance.
- Pending tax/litigation liabilities.
- Regional concentration in Maharashtra.
- Intense competition in pharma distribution.
Vijaypd Ceutical IPO Promoter Holding
| Pre Issue Share Holding | 78.30% |
| Post Issue Share Holding | 56.25% |
Vijaypd Ceutical IPO Prospectus
Company Contact Information
| Vijaypd Ceutical Ltd. A/1, 1st Floor Devraj Premises CHSL, Goregaon West Mumbai, Maharashtra, 400062 Phone: +91 9820917040 Email: investors@vijaypdceutical.com Website: https://www.vijaypdceutical.com/ |
Vijaypd Ceutical IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: vcl.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Vijaypd Ceutical IPO Lead Manager(s)
| 1. Smart Horizon Capital Advisors Pvt.Ltd. |
Vijaypd Ceutical IPO FAQ
| What is Vijaypd Ceutical IPO? Vijaypd Ceutical IPO is an SME IPO. The issue is priced at ₹35 per equity share. The IPO is to be listed on NSE SME. |
| When Vijaypd Ceutical IPO will open? The IPO is to open on 29 September 2025 for NII and Retail Investors. |
| What is Vijaypd Ceutical IPO Investors Portion? The investors’ portion for NII – 50% and Retail – 50%. |
| What is the Vijaypd Ceutical IPO Size? Vijaypd Ceutical IPO size is ₹19.25 Crore. |
| What is Vijaypd Ceutical IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 8000 Shares with ₹2,80,000 amount, while the maximum bid is 8000 Shares with ₹2,80,000. |
| What is the Vijaypd Ceutical IPO Allotment Date? Vijaypd Ceutical IPO allotment date is 03 October 2025. |
| What is the Vijaypd Ceutical IPO Listing Date? Vijaypd Ceutical IPO listing date is 07 October 2025. The IPO is to be listed on the NSE SME. |
