Valiant Laboratories Limited IPO

Discover key details about Valiant Laboratories Limited IPO - the opening and closing dates, price band, lot size, and more.

About Valiant Laboratories Limited

Estd. in 1980, Valiant Labs focuses on Paracetamol production in Palghar, Maharashtra. It boasts a 2,000 sq. m. manufacturing unit with annual capacity of 9,000 MT.

IPO Details

· IPO Date: 27th Sep – 3rdOct 2023 · Totall Issue: Rs. 152.46 Crore · Price Band: Rs. 133 - 140 per share · Lot Size: 105 Shares in each lot · Allotment Date: 5thOctober 2023 · Listing Date: 9thOctober 2023 · Minimum Investment: Rs 14,700

Strengths of the IPO

· Industry veteran with 45+ years' experience. · Strong financials, and robust cash flows. · Reduced dependency on imports, strategic location for exports.

Risks Involved

· Stringent quality checks are vital for reputation. · No long-term raw material agreements. · Single-product focus, industry shifts affect finances.

· Fund subsidiary for speciality chemicals facility. · Support VASPL's working capital. · Investment in general corporate needs.

IPO Objective