₹ 14700 / 105 shares
IPO Details
Issue Date
--
Investment/lot
₹ 14700
Price Range
140
Lot Size
105
IPO Size
₹ 152.46 Cr
IPO Listing Details
Listing On
6 Oct'23
Issue Price
--
Listed Price
₹ 162.15
Retail Gain/Listing Gain
▲15.82%
IPO Timeline
Valiant Laboratories Ltd Background
Valiant Laboratories Limited is an active pharmaceutical ingredient (API)/bulk drug manufacturing company, with a focus on manufacturing Paracetamol. Bulk drugs/APIs serve as raw materials for manufacturing finished dosage forms or formulations.
India is the largest provider of generic drugs, globally contributing to approximately 20% of global supply by volume of generic drugs. The overall API industry in India grew from Rs. 781 billion in fiscal 2017 to Rs. 1,179 billion in fiscal 2022, registering a CAGR of 8.5% in rupee terms. Going forward, the API industry is expected to grow at a rate of 9-11% between fiscal 2022 and 2027, largely driven by the increase in API exports. More specifically, the paracetamol API industry (domestic + exports) grew from Rs. 22 billion in fiscal 2017 to Rs. 39 billion in fiscal 2023.
Risk Factors
- Any changes to the paracetamol API industry or the company’s product demand will adversely affect revenues, financials and profitability.
- The company is dependent on a single manufacturing facility.
- The company must always be subject to strict quality requirements, regular inspections and audits.
Key Strategies
- Diversification into new chemistries.
- Increase penetration into international markets including regulated markets.
- Improve operational efficiencies through backward integration of the proposed facility.
Valiant Laboratories Ltd Key Financials
Here are the key financials for Valiant Laboratories Limited:
Particulars (in Rs. million)
Particulars (in Rs. million)
How to apply for IPO through ASBA
Kotak Securities
•00m 59s
How to apply for an IPO using UPI
Kotak Securities
•01m 19s
Valiant Laboratories Ltd IPO FAQs
When is Valiant Laboratories Ltd IPO listing date?
Valiant Laboratories Ltd will list on 2023-10-06.
What is the issue size of Valiant Laboratories Ltd IPO?
152.46 is the issue size of Valiant Laboratories Ltd IPO.
What is the minimum lot size required for Valiant Laboratories Ltd IPO?
The minimum lot size is 105 shares and the investment required is ₹14700.
What is the price band of the Valiant Laboratories Ltd IPO?
The price band of Valiant Laboratories Ltd IPO is ₹140 to ₹0.
What is the Valiant Laboratories Limited IPO?
The Valiant Laboratories Limited IPO has an issue size of Rs. 152.46 crores. The IPO opens for subscription on 27th September and closes on 3rd October 2023.
Who is the Registrar for Valiant Laboratories Limited IPO?
Link Intime India Private Limited is the registrar for this IPO.
Where can I read more about Valiant Laboratories Limited’s business?
You may read more about Valiant Laboratories Limited and its IPO from the company’s red herring prospectus (RHP) here:
