BSE & NSE
21 Dec - 26 Dec '23
₹426 - ₹448
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.
|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
|29th December 2023
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.
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.
The company faces extensive competition leading to unstable revenue and reputation. The business is also expanding to other countries leading to certain policy changes.
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.
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.
Check out the financial performance of Innova Captab for recent years:
|Rs 369.62 crore
|Rs 412.03 crore
|Rs 34.50 crore
|Rs 575.48 crore
|Rs 803.41 crore
|Rs 63.95 crore
|Rs 704.41 crore
|Rs 935.58 crore
|Rs 67.95 crore
You can apply for the Innova Captab Ltd. IPO in these ways:
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.
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).