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Issue Open Date
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27-Sep-23
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Issue Closing Date
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03-Oct-23
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Application Money
|
100
|
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Allotment Money
|
|
|
|
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Price Band
|
133
-
140
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Minimium Application No.
|
105
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Issue Size (Shares)
|
10890000
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Market Lot
|
1
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Objective
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1. Investment in our wholly-owned subsidiary, Valiant Advanced Sciences Private Limited(“VASPL”) for part-financing its capital expenditure requirements in relation to the setting up of amanufacturing facility for speciality chemicals at Saykha Industrial Area, Bharuch, Bharuch,Gujarat (“Proposed Facility”).2. Investment in VASPL for funding its working capital requirements.3. General corporate purposes.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
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Non-Institutional Investors
|
1633500
|
120287475
|
73.6378787878788
|
|
Qualified Institutional Buyers
|
2178030
|
45361155
|
20.8266897150177
|
|
Retail Individual Investors
|
2178030
|
45361155
|
20.8266897150177
|
|
|
|
|
Business Description:
We are an Active Pharmaceutical Ingredient (“API”) / Bulk Drug manufacturing company having focuson manufacturing of Paracetamol. Bulk drugs/Active Pharmaceutical Ingredients (API) serve as rawmaterials for manufacturing finished dosage forms or formulations. Paracetamol (Scientific name:Acetaminophen or para-hydroxyacetanilide - C8H9NO2), is one of the most commonly taken analgesicworldwide and is recommended as the first-line therapy in pain conditions by the World HealthOrganization (WHO). Paracetamol has several applications such as usage in treatment of headaches,muscle aches, arthritis, back aches, toothaches, cold and fever. We manufacture Paracetamol in variousgrades such as IP/BP/EP/USP, as per the pharmacopeia requirements of our customers.
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Promoter's Holding
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Total Share Capital
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32560000
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Offered to Public
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10890000
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|
|
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Promoter's Holding (Pre-Issue)
|
100
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Promoter's Holding (Post-Issue)
|
74.94
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Address |
104
Udyog Kshetra
Mulund Goregaon Link Road
Mulund (West)
Mumbai
,
Maharashtra
,
400080
Phone :
022-49712001 / 49717220 / 49717221
Email :
complianceofficer@valiantlabs.in
Website :
www.valiantlabs.in
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Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
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Unistone Capital Pvt Ltd.
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Promoters |
Dhanvallabh Ventures LLP
Santosh Shantilal Vora
Shantilal Shivji Vora
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