Valiant Laboratories Limited IPO (Valiant Laboratories IPO)

The Valiant Laboratories IPO is a book-built issue with a total value of Rs 152.46 crores. This offering comprises solely of a fresh issue of 1.09 crore shares.

Investors can subscribe to the Valiant Laboratories IPO from September 27, 2023, to October 3, 2023. The final allotment for this IPO is anticipated to be completed by Thursday, October 5, 2023. The shares of Valiant Laboratories IPO will be listed on both BSE and NSE, with a tentative listing date set for Monday, October 9, 2023.

The Valiant Laboratories IPO is priced in the range of ₹133 to ₹140 per share, with a minimum lot size of 105 shares. Retail investors are required to make a minimum investment of ₹14,700. For sNII (non-institutional investors), the minimum lot size investment is 14 lots (1,470 shares), amounting to ₹205,800, while for bNII (business non-institutional investors), it is 69 lots (7,245 shares), totaling ₹1,014,300.

Unistone Capital Pvt Ltd is the book running lead manager for the Valiant Laboratories IPO, and Link Intime India Private Ltd is the registrar responsible for handling the issue.

For detailed information, please review the Valiant Laboratories IPO RHP (Red Herring Prospectus).

Valiant Laboratories Limited IPO Objectives

The net proceeds from the issue will be allocated for the following purposes:

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

Valiant Laboratories IPO Details

Open and Close Date of Valiant Laboratories IPO

The subscription for the IPO will be open from September 27th and will close on October 3rd.

Valiant Laboratories Limited IPO share price

The price band for the Valiant Laboratories IPO has been set at ₹133 to ₹140 per share.

Valiant Laboratories IPO Issue Type, Face Value, IPO Price, Market Lot, Listing, Total Issue Size

Valiant Laboratories IPO Promoter Holding

Shantilal Shivji Vora, Santosh Shantilal Vora, and Dhanvallabh Ventures LLP (DVL) serve as the promoters of the company.

Valiant Laboratories Limited’ Financial Information (Reiterated)

Valiant Laboratories IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: valiantlaboratories.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html

Valiant Laboratories IPO Lead Manager

1. Unistone Capital Pvt Ltd

Contact Information

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/

Valiant Laboratories IPO Prospectus

Valiant Laboratories IPO DRHP

Valiant Laboratories IPO RHP

Anchor Investors in Valiant Laboratories IPO

How to apply for the Valiant Laboratories IPO?

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