Valiant Laboratories Limited

Company Profile
Company Name Valiant Laboratories Limited
Open Date 27-09-2023
Close Date 03-10-2023
Exchange BSE, NSE
Lot Size 105 Shares
Issue Price ₹ 133 to ₹ 140 per share
Issue Size 1,08,90,000 Equity Shares
Application Amount Min. Inv. - ₹ 14,700 (105 shares) Max. Inv. - ₹ 1,91,100 (1,365 shares)
Recommendation Apply

Valiant Laboratories Limited was originally incorporated in the year 1980 and has its registered office in Mumbai, Maharashtra.
The Company is an Active Pharmaceutical Ingredient (“API”) / Bulk Drug manufacturing company having focus on manufacturing of Paracetamol. The manufacturing facility is located at Maharashtra, India which is spread over an aggregate parcel of land and measuring about 2,000 sq. mts. The company also has an in-house R&D infrastructure equipped with analytical laboratory and infrastructure for developmental activities. As of 31st July 2023, the Company has 91 employees on its payroll.

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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 10,631.40 18,181.20 21,275.70
Net Assets 8,858.20 7,146.00 10,049.00
Total Borrowings 35.10 6,068.10 5,940.00
Total Revenue 18,378.10 29,347.20 33,877.30
Profit After Tax 3,059.30 2,749.70 2,899.90

Tentative Timeline

Opening Date 27/09/2023
Closing Date 03-10-2023
Basis of Allotment 05-10-2023
Initiation of Refunds 06-10-2023
Credit of Shares to Demat 06-10-2023
Listing Date 09-10-2023

Objects of the Issue

Investment in its wholly owned subsidiary, for part- financing its capital expenditure (setting up of a manufacturing facility).
Working Capital Requirements.
General Corporate Purpose.

Contact Information

Registered Office 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/

Registrar Details

Name 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 Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer
Retail Shares Offered Not less than 35.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 74.94%

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