Valiant Laboratories Limited is an Active Pharmaceutical Ingredient (“API”) / Bulk Drug manufacturing company having focus on manufacturing of Paracetamol. The company manufacture Paracetamol in various grades such as IP/BP/EP/USP, as per the pharmacopeia requirements of their customers.
The company’s manufacturing unit is located in Palghar, Maharashtra, spread across 2,000 sq. mts. of land with an aggregate annual total installed capacity of 9,000 MT per annum. Valiant Laboratories also has an R&D Facility, equipped with an analytical laboratory and infrastructure for developmental activities in existing products.
Valiant Laboratories Limited imports Para Amino Phenol, being the raw material for the manufacture of Paracetamol from China and Cambodia.
As of April 30, 2023, Valiant Laboratories has 86 employees.
Valiant Laboratories IPO – Details
| IPO Opening Date | 27 September 2023 |
| IPO Closing Date | 03 October 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1,08,90,000 Shares Worth ₹152.46 Crore Fresh Issue: 1,08,90,000 Shares Worth ₹152.46 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹133 – ₹140 |
| Market Lot | 105 Shares |
| Min Order | ₹14,700 |
| Listing At | BSE, NSE |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Valiant Laboratories IPO – Date Schedule
| IPO Open Date | 27 September 2023 |
| IPO Close Date | 03 October 2023 |
| Basis of Allotment Date | 05 October 2023 |
| Initiation of Refunds | 06 October 2023 |
| Credit of Shares to Demat Account | 06 October 2023 |
| IPO Listing Date | 09 October 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on 03 October 2023 |
Valiant Laboratories IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 105 | ₹14700 |
| Retail (Max) | 13 | 1365 | ₹1,91,100 |
| S-HNI (Min) | 14 | 1470 | ₹2,05,800 |
| S-HNI (Max) | 68 | 7140 | ₹9,99,600 |
| B-HNI (Min) | 69 | 7245 | ₹10,14,300 |
Competitive Strengths
- Experienced promoters 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 Promoters
- Shantilal Shivji Vora
- Dhanvallabh Ventures LLP (DVL)
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 183.78 | 136.75 | 30.59 | 0.35 |
| 31 March 2022 | 293.47 | 251.76 | 27.49 | 60.68 |
| 31 March 2023 | 338.77 | 300.63 | 29.99 | 59.40 |
Key Performance Indicator
| KPI | Values |
|---|---|
| Market Cap (₹ Cr.) | – |
| ROE | – |
| ROCE | – |
| Debt/Equity | – |
| EPS (Rs) | – |
| RoNW | – |
Object Of The Issue
- Investment in its 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; and
- General corporate purposes.
Valiant Laboratories IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 1 | Granules India Ltd | 13.19 |
| 2 | 1 | Jagsonpal Pharmaceuticals Limited | 36.03 |
Valiant Laboratories IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Valiant Laboratories IPO Prospectus
Company Contact Information
| Valiant Laboratories Limited 104,Udyog Kshetra, Mulund Goregaon Link Road, Mulund West, Mumbai -400080 Phone: +91 2249712001 Email: complianceofficer@valiantlabs.in Website: https://valiantlabs.in/ |
Valiant Laboratories IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: valiantlaboratories.ipo@linkintime.co.in Website: https://linkintime.co.in/mipo/ipoallotment.html |
Valiant Laboratories IPO Lead Manager(s)
| 1. Unistone Capital Pvt Ltd |
Valiant Laboratories IPO FAQs
| What is Valiant Laboratories IPO? Valiant Laboratories IPO is a main-board IPO. The issue is priced at ₹133 to ₹140 per equity share. The IPO is to be listed on BSE & NSE. |
| When Valiant Laboratories IPO will open? The IPO is to open on 27 September 2023 for QIB, NII, and Retail Investors. |
| What is Valiant Laboratories IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Valiant Laboratories IPO? You can apply 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 Angle One? Log in to Angle One 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 Angle One. |
| How to Apply the Valiant Laboratories IPO through 5 Paisa? Log in to 5 Paisa 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 5 Paisa. |
| How to Apply the Valiant Laboratories IPO through Upstox? Log in to 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 IIFL? Log in to IIFL 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 IIFL. |
| What is Valiant Laboratories IPO Size? Valiant Laboratories IPO size is ₹152.46 Crore. |
| What is Valiant Laboratories IPO Price Band? Valiant Laboratories IPO Price Band is ₹133 to ₹140. |
| What is Valiant Laboratories IPO Minimum and Maximum Lot Size? The minimum bid is 105 Shares with ₹14,700 amount while the maximum bid is 1365 shares with ₹1,91,100. |
| What is the Valiant Laboratories IPO Allotment Date? Valiant Laboratories IPO allotment date is 05 October 2023. |
| What is the Valiant Laboratories IPO Listing Date? Valiant Laboratories IPO listing date is 09 October 2023. The IPO is to list on BSE and NSE. |
