Valiant Laboratories IPO Date, Price band, Lot size and Financial Information

You are at right place to check all the details regarding Valiant Laboratories IPO. The dates for Valiant Laboratories IPO is anounced. The IPO will open on September 27 and will close on October 3. The IPO price band is fixed at ₹133 to ₹140 Per Share. The company aims to to raise around ₹152 crores via this IPO. You can find complete information about Valiant Laboratories IPO in this post including its strenght and risks, peer comparison and financial performance.

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About Valiant Laboratories :

Valiant Laboratories are an Active Pharmaceutical Ingredient (“API”) / Bulk Drug manufacturing company having focus on 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 analgesic 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 treatment of headaches, muscle aches, arthritis, back aches, toothaches, cold and fever. Company manufactures Paracetamol in variousgrades such as IP/BP/EP/USP, as per the pharmacopeia requirements of our customers.

Valiant Laboratories History:

Company was originally formed in year 1980 as a partnership firm under the Indian Partnership Act, 1932 under the name and style of “M/s. Bharat Chemicals” and gradually, commenced manufacturing of Paracetamol by late 1982. In August 2021, their partnership firm was converted into a public limited company registered under the Companies Act.

Objects of the Issue

• Investment in thier 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 speciality chemicals at Saykha Industrial Area, Bharuch, Bharuch, Gujarat (“Proposed Facility”).
• Investment in VASPL for funding its working capital requirements.
• General corporate purposes

Valiant Laboratories IPO Date & Price Band Details

Valiant Laboratories IPO Market Lot

The Valiant Laboratories IPO minimum market lot is 105 shares with ₹14,700 application amount. The retail investors can apply up-to 13 lots with 1365 shares or ₹1,91,100 amount.

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.

Valiant Laboratories Company Financial Report

Valiant Laboratories IPO Valuation

Below is the financial details of Valiant Laboratories for the year FY2023.

Company Promoters:

• Shantilal Shivji Vora
• Dhanvallabh Ventures LLP

Valiant Laboratories Limited: Strengths

•  Leading player in the pharmaceutical ingredient manufacturing industry in India.
• Valiant has a long track record of profitability and growth.
•   Proceeds from the funding will be used for laboratory growth.
•  Valiant has a diversified product portfolio and a strong customer base.
•  Valiant Laboratories Limited has shifted its focus and now mostly gets its raw materials from Valiant Organics Limited. This move has not only strengthened their teamwork but also made things more cost-effective and sped up deliveries.

Valiant Laboratories Limited: Risks

• Valiant has high competition in the pharmaceutical ingredient manufacturing industry.
• The business cycle of the Laboratories is dependent on the overall economic conditions.
• Foreign exchange fluctuations and changes in government regulations impact the business.
• The company is dependent on a few customers who contribute a major part of its revenue.

Competitors Comparison:

Below table captures the peer companies operating in the same industry and company’s comparison with its competitors in last financial year.

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 Lead Managers

• Unistone Capital Private Limited

Valiant Laboratories IPO Allotment Status Check

Allotment status of Valiant Laboratories IPO can be checked on Linkintime website : Click here

Company Address of Valiant Laboratories:

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

Valiant Laboratories IPO FAQs

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