Innova Captab Ltd. IPO

Innova Captab Ltd.

IPO Listing Details

Listed On

BSE & NSE

Listed On

Issue Price

₹448

Issue Price

Listing Price

₹456

Listing Price

Listing Gains

+₹8.10 (+1.81%)

Listing Gains

IPO Details

Bidding Dates

21 Dec - 26 Dec '23

Bidding Dates

Min. Investment

₹14,058

Min. Investment

Lot Size

33.00

Lot Size

Price Range

₹426 - ₹448

Price Range

Issue Size

542 Cr

Issue Size

Subscription Rate

  • Retail Individual Investor
    17.15x
  • Non-Institutional Investor
    64.95x
  • Qualified Institutional Buyers
    116.73x
  • Employees


About Company

India's leading pharmaceutical company, Innova Captab Limited, integrates manufacturing, research, and market penetration both domestically and globally. With their three main strengths—a premier CDMO service for Indian pharmaceutical businesses, a developing portfolio of branded generics sold in India, and an increasing global footprint with exports to 20 countries—they serve a variety of demands. With cutting-edge facilities and a robust R&D engine, Innova Captab is well-positioned to thrive and pave the way for a healthier future for patients everywhere. Over 600 distinct types of generics were produced and sold by the company in the fiscal year 2023 and the three months that concluded on June 30, 2023. In the Indian market, these goods were supplied under the company's own trademarks via more than 150,000 retail pharmacies, 5,000 distributors, and stockists. Furthermore, during FY2023 and the three months that concluded on June 30, 2023, Innova Capitab exported its branded generic products to 20 and 16 countries, respectively.

Important Dates - Innova Captab IPO

Application opens on 21st December 2023
Last date of application 26th December 2023
Date of Allotment 27th December 2023
Refund begins from 28th December 2023
Credit of shares to Demat 28th December 2023
Listing date 29th December 2023

Why should you invest in Innova Captab Ltd. IPO?

Innova Captab Limited Limited has reported a stable profit throughout the years. They have maintained a profitable margin on their revenue and have acquired a reputable name. 

 

Innova Captab IPO Grey Market Premium

Date GMP
18th December Rs.210
17th December Rs.100

 

Innova Captab IPO Noteworthy Highlights

  • In the last nine months, the company exported our branded generic products to 17 countries

 

  • The issue comprises of a fresh issue of Rs 320.00 crore and offer for sale of 0.56 crore shares.


Innova Captab Ltd. IPO - SWOT Analysis

Strengths

The company's exports, both domestically and internationally, are expanding quickly. It has a strong R&D division that concentrates on developing a portfolio of products that are ever more complicated in order to draw in and keep clients. In addition, the company has consistently demonstrated financial performance and hired a management team and promoters with experience.

 

Weaknesses

The company faces extensive competition leading to unstable revenue and reputation. The business is also expanding to other countries leading to certain policy changes. 

 

Opportunities

In the Indian pharmaceutical formulations sector, the company is one of the fastest growing CDMOs and has a leading presence. It boasts a strong customer base of prestigious CDMOs, well-established connections, and extremely effective operations, including top-notch production and supply chain capabilities.

 

Threats

Innova Captab Limited's operations are primarily dependent on its production facilities. Its crucial manufacturing arm carries enormous risks, including the possibility of equipment failure or breakdown, natural calamities, unfavourable weather, and industrial accidents.

 

Financial Snapshot - Innova Captab IPO

Check out the financial performance of Innova Captab for recent years:

Financial Year Total Assets Total Revenues Net Profit
March 2021 Rs 369.62 crore Rs 412.03 crore Rs 34.50 crore
March 2022 Rs 575.48 crore Rs 803.41 crore Rs 63.95 crore
March 2023 Rs 704.41 crore Rs 935.58 crore Rs 67.95 crore

 



How to apply for Innova Captab Ltd. IPO?

You can apply for the Innova Captab Ltd. IPO in these ways:

UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.

Demat Account

1. If you are an Existing TradeSmart demat account holder and wish to apply for an Innova Captab Ltd. click here.
2. If you don't have a TradeSmart Account? Sign up.

Looking to invest in an IPO?

Open Demat Account at lowest Brokerage

Innova Captab Ltd. IPO FAQs

What are the opening and closing dates for Innova Captab Limited IPO?

Innova Captab Limited IPO will open for subscription on December 21 and close on December 26.

 

What is the price band for Innova Captab Limited IPO?

The price band for Innova Captab Limited IPO is ₹426 to ₹488 per share.

 

Who is taking part in the OFS?

Promoters Manoj Kumar Lohariwala and Vinay Kumar Lohariwala along with investor Gian Parkash Aggarwal will participate in the OFS.

 

What is the minimum and maximum lot size for the Innova Captab Limited IPO?

The lot size for Innova Captab Limited IPO is 33 shares and in multiple thereof.

 

Who are Innova Captab Limited IPO Lead Managers?

ICICI Securities and JM Financial are the joint Book Running Lead Managers (BRLMs) to the issue.

 

Who is the registrar of the issue?

Kfin Technologies  is the registrar for Innova Captab Limited IPO.

 

When will the Innova Captab Limited IPO allotment take place?

The finalisation of the basis of allotment for Innova Captab Limited IPO will be done on December 27 and the allotted shares will be credited to investors’ demat accounts by December 28.

 

When and where will the Innova Captab Limited shares be listed?

The equity shares of Innova Captab Limited are proposed to be listed on December 29, 2023, on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Related

Open Demat Account With TradeSmart

Lowest Brokerage Ever Trade @15 Per Order
Download TradeSmart App Now

Scan below QR Code
to download App

Open Demat Account