Valiant Laboratories IPO Details, Price, Date, Lot Size, Financial Report

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Valiant Laboratories IPO Details

Valiant Laboratories IPO opens on September 27, 2023, and closes on October 3, 2023. The IPO has a total issue size of ₹152.46 Crores, with Valiant Laboratories offering shares at a price range of ₹133 to ₹140 per share. The IPO is scheduled to be listed on the NSE SME. Valiant Laboratories IPO Basis of Allotment is on October 5, 2023. Valiant Laboratories IPO Initiation of Refunds is on October 6, 2023. Valiant Laboratories IPO Credit of Shares to Demat is on October 6, 2023. Valiant Laboratories IPO Listing Date is on October 9, 2023.

Valiant Laboratories IPO Date

  • Open – September 27, 2023
  • Close – October 3, 2023
  • Basis of Allotment – October 5, 2023
  • Refunds – October 6, 2023
  • A credit of Shares to Demat AC – October 6, 2023
  • Listing Date – October 9, 2023

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Valiant Laboratories IPO Price

  • Face Value: ₹10 per share
  • Price Band: ₹133 to ₹140 per share
  • Lot Size: 105 Shares
  • Total Issue Size: 10,890,000 shares (aggregating up to ₹152.46 Cr)
  • Fresh Issue: 10,890,000 shares (aggregating up to ₹152.46 Cr)
  • Offer for Sale:
  • Issue Type: Book Built Issue IPO
  • Listing At: BSE, NSE
  • Shareholding Pre-Issue: 32,560,000
  • Shareholding Post-Issue: 43,450,000

Valiant Laboratories IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 105 ₹14,700
Retail (Max) 13 1365 ₹191,100
HNI (Min) 14 1470 ₹205,800

Valiant Laboratories IPO Reservation

QIB Shares Offered Not more than 50.00%
NII (HNI) Shares Offered Not less than 15.00%
Retail Shares Offered Not less than 35.00%
Anchor Investor Shares Offered
Total Shares Offered 100%

Valiant Laboratories IPO Promoter Holding

Shantilal Shivji Vora, Santosh Shantilal Vora, and Dhanvallabh Ventures LLP (DVL) are the company’s promoters.

Pre Issue Share Holding 100.00%
Post Issue Share Holding 74.94%

Valiant Laboratories IPO Financial Report

Amount in ₹ Lakhs

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Period Ended 31 Mar 2021 31 Mar 2022 31 Mar 2023 30 June 2023
Assets 106.3 181.81 212.76  
Revenue 183.78 293.47 338.77  
Profit After Tax 30.69 27.50 29.00  
Net Worth 88.58 71.46 100.49  
Reserves and Surplus        
Total Borrowing 0.35 60.68 59.40  

Valiant Laboratories IPO Reason for issue

The company plans to use the funds generated from the offering for the following purposes:

  1. Investment in its wholly-owned subsidiary, Valiant Advanced Sciences Private Limited (VASPL), to partially finance the capital expenditure needed for establishing a specialty chemical manufacturing facility at Saykha Industrial Area, Bharuch, Gujarat (Proposed Facility).
  2. Investment in VASPL to support its working capital needs.
  3. General corporate uses.

Valiant Laboratories IPO Documentation 

Company Contact Information

Valiant Laboratories Limited

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  • Address: 104, Udyog Kshetra, Mulund Goregaon Link Road, Mulund West, Mumbai -400080
  • Phone: +91 2249712001
  • Email: complianceofficer@valiantlabs.in
  • Websitehttps://valiantlabs.in/

Valiant Laboratories IPO Registrar

Valiant Laboratories IPO FAQs

How much is Valiant Laboratories’s ipo price?
Valiant Laboratory’s ipo price is ₹133 to ₹140 per share.
What is Valiant Laboratories’ ipo date?
The Valiant Laboratories ipo date is Open on September 27, 2023, and closes on October 3, 2023.
How much Valiant Laboratories ipo gmp?
Valiant Laboratories Jewellers ipo gmp is ₹17.

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