Innova Captab Limited started in January 2005 and works in three main areas. First, it helps Indian pharmaceutical companies with developing and making medicines. Second, it sells its own branded medicines within India. Third, it also sells these branded medicines internationally.
They make various types of medicines like tablets, capsules, injections, ointments, and liquids. In the financial year 2023 and the three months ending June 30, 2023, they produced and sold over 600 different types of medicines. These were sold in India through 5,000 distributors and 150,000 pharmacies. They also exported their medicines to 20 countries in FY2023 and 16 countries in the three months ending June 30, 2023.
As of October 31, 2023, they have a team of 29 scientists and engineers working in their research and development lab. Their manufacturing facility is in Buddi, Haryana.
Some of their customers include well-known pharmaceutical companies like Cipla, Glenmark, Wockhardt, Lupin, and others.
As of October 31, 2023, they have 200 active product registrations and 20 registrations pending renewal with international authorities. They are also in the process of getting 218 new registrations with international authorities.
Key Points Regarding Innova Captab Limited IPO
| IPO Date | December 21, 2023 to December 26, 2023 |
| Price Band | 426 Rs to 448 Rs per share |
| Face Value | Rs 10 per share |
| Lot Size | 33 Shares |
| Total Issue Size | N/A |
| Listing Date | 29 December 2023, Friday as per the schedule |
| Listing At | BSE, NSE |
Innova Captab Limited IPO Details:
- Book Built Issue of Rs 570.00 crores.
- Fresh issue of Rs 320.00 crore and offer for sale of 0.56 crore shares.
Subscription Dates:
- Opens for subscription on December 21, 2023.
- Closes on December 26, 2023.
Allotment Date:
- Expected to be finalized on Wednesday, December 27, 2023.
Listing Date:
- Tentative listing date set as Friday, December 29, 2023, on BSE and NSE.
Price Band:
- IPO price band is fixed at ₹426 to ₹448 per share.
Lot Size:
- Minimum lot size for an application is 33 shares.
Retail Investor Investment:
- Minimum investment required by retail investors is ₹14,784.
SNIIs and BNIIs Investment:
- sNII minimum lot size investment is 14 lots (462 shares), amounting to ₹206,976.
- bNII minimum lot size investment is 68 lots (2,244 shares), amounting to ₹1,005,312.
Innova Captab Limited Financial
Here’s a quick look at Innova Captab Limited breakdown in terms of money (in ₹ crores )
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,086.16 | 704.41 | 575.48 | 369.62 |
| Revenue | 234.37 | 935.58 | 803.41 | 412.03 |
| Profit After Tax | 17.59 | 67.95 | 63.95 | 34.50 |
| Net Worth | 294.27 | 276.46 | 208.56 | 144.78 |
| Reserves and Surplus | 228.51 | 67.90 | 196.61 | 132.82 |
| Total Borrowing | 441.90 | 235.19 | 198.18 | 45.03 |
Innova Captab Contact Details
Innova Captab Limited
601, Proxima,
Plot No. 19, Sector
30 A, Vashi, Navi Mumbai, 400 705
Phone: +91 22 2564 2095
Email: [email protected]
Website: https://www.innovacaptab.com/
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