Valiant Laboratories Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 26-09-2023 | 02-10-2023 | 10 per share | 0 | 105 Shares | mainline | 10,890,000 shares (aggregating up to ₹152.46 Cr) | 2023-10-04 18:30:00 | 2023-10-05 18:30:00 | 2023-10-05 18:30:00 | 08-10-2023 |
About The Company
Valiant Laboratories IPO is a book built issue of Rs 152.46 crores. The issue is entirely a fresh issue of 1.09 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 Thursday, October 5, 2023. Valiant Laboratories IPO will list on BSE, NSE with tentative listing date fixed as Monday, October 9, 2023.
Valiant Laboratories IPO price band is set at ₹133 to ₹140 per share. The minimum lot size for an application is 105 Shares. The minimum amount of investment required by retail investors is ₹14,700. The minimum lot size investment for sNII is 14 lots (1,470 shares), amounting to ₹205,800, and for bNII, it is 69 lots (7,245 shares), amounting to ₹1,014,300.
Unistone Capital Pvt Ltd is the book running lead manager of the Valiant Laboratories IPO, while Link Intime India Private Ltd is the registrar for the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2021 | 106 | 184 | 31 | 88.58 | 0 | 0.35 |
| 30-03-2022 | 182 | 293 | 28 | 71.46 | 0 | 60.68 |
| 30-03-2023 | 213 | 339 | 29 | 100.49 | 0 | 59.4 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 0.00 |
| Non-Institutional Buyers | 0.04 |
| bNII (bids above ₹10L) | 0.01 |
| sNII (bids below ₹10L) | 0.10 |
| Retail Investors | 0.37 |
| Total | 0.19 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 105 | 14700 |
| Retail (Max) | 13 | 1365 | 191100 |
| S-HNI (Min) | 14 | 1470 | 205800 |
| S-HNI (Max) | 68 | 7140 | 999600 |
| B-HNI (Min) | 69 | 7245 | 1014300 |
IPO Listing Details
| Listing Date | 08-10-2023 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 10 |
Promoter holdings
Shantilal Shivji Vora, Santosh Shantilal Vora, and Dhanvallabh Ventures LLP (DVL)
Contact Information of the Company
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/
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
IPO Lead Manager
Unistone Capital Pvt Ltd