The Indian pharmaceutical company Innova Captab IPO will be hit the market 21 December 2023 and closes on 26 December 2023. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹570.00 crore through IPO. The company will issue fresh shares of ₹320.00 crores through this IPO and will issue shares through offer for sale of ₹250.00 Crore.
The company has reserved 50% for QIB, 15% for retail and 35% for NII in this IPO.
Innova Captab is an integrated pharmaceutical company in India with a presence across the pharmaceuticals value chain including research and development, manufacturing, drug distribution, and marketing and exports. The company business includes (i) a contract development and manufacturing organization (“CDMO”) business providing manufacturing services to Indian pharmaceutical companies, (ii) a domestic branded generics business, and (iii) an international branded generics business.
The terms of operating revenue, we were the second-largest formulation CDMO in India in Fiscal 2021 and the third fastest growing formulation CDMO over the period Fiscal 2019 to Fiscal 2021. You can check Innova Captab IPO GMP here.
| Read also: Upcoming IPO List 2023 |
The company manufactures our diverse generics product portfolio of over 400 products and markets them under our own brands in the Indian market through a developed network of approximately 3,400 distributors and stockists and over 96,000 retail pharmacies. In addition, during the nine months ended December 31, 2021, the company exported our branded generic products to 17 countries. You can check Innova Captab IPO Subscription Status here.
The company developed relationships across the Indian pharmaceutical industry. the key customers include Cipla Limited, Glenmark Pharmaceuticals Limited, Wockhardt Limited, Corona Remedies Private Limited, Emcure Pharmaceuticals Limited, Lupin Limited, Intas Pharmaceuticals Limited, Leeford Healthcare Limited, Medley Pharmaceuticals Limited, Cachet Pharmaceuticals Limited, Eris Healthcare Private Limited, Indoco Remedies Limited, J. B. Chemicals and Pharmaceuticals Limited, Oaknet Healthcare Private Limited, Zuventus Healthcare Limited, Ajanta Pharma Limited, Mankind Pharma Limited and Smart Laboratories Private Limited.
Object Of the Issue :
- Repayment and/or prepayment in part or in full, of certain outstanding loans of our Company;
- Investment in our Subsidiary, UML, for repayment and/or prepayment in part or full of an outstanding loan availed by UML;
- Funding our working capital requirements; and
- General corporate purposes
Company Strengths :
- Leading presence and one of the fastest-growing CDMOs in the Indian pharmaceutical formulations market
- Well-established relationships with our marquee CDMO customer base
- Highly efficient operations, including our world-class manufacturing facilities and supply chain
- Rapidly growing domestic and international export branded generics businesses
- Strong R&D focus to build an increasingly complex product portfolio and attract and retain customers
- Consistent financial performance
- Experienced promoters and management team
Innova Captab IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹67.95 Cr ₹448 /EQ 14.16 31.64x 24.58 % 24.58 % 22.61 % 0.85 ₹57.60 ₹704.41 Cr ₹2563.70 Cr 66.85 % – % |
| Team Review : | ✔ Apply For Long Term |
Innova Captab IPO Date & Price Band & Details :
| IPO Open : | 21 December 2023 |
| IPO Close : | 26 December 2023 |
| Face Value : | ₹10.00 Equity Share |
| Price Band : | ₹426 – ₹448 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹570.00 Cr {12,723,214 Share} |
| Fresh Issue : | ₹320.00 Cr {7,142,857 Shares} |
| Offer For Sale : | ₹250.00 Cr {5,580,357 Shares} |
Innova Captab IPO Market Lot :
Innova Captab IPO Minimum Market lot is 1 Lot with 33 shares with ₹14,784 Application amount. The retail investors can apply up to 13 lots with 429 Shares or ₹192,270 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 33 | ₹14,784 |
| Retail Maximum : | 13 | 429 | ₹192,270 |
| S-HNI Minimum : | 14 | 462 | ₹207,060 |
| S-HNI Maximum : | 67 | 2211 | ₹990,528 |
| B- HNI Minimum : | 68 | 2244 | ₹1,005,312 |
Innova Captab IPO Reservation :
Innova Captab IPO Total Reservation of 12,723,214 shares are to be bid for the public issue by Innova Captab IPO with 6,361,607 for QIB and 1,908,482 for NII 4,453,125 For RII.
| Category | Reservation | Shares | Amount Cr |
| QIB : | 50% | 6,361,607 | ₹285.00 |
| NII : | 15% | 1,908,482 | ₹85.50 |
| RII : | 35% | 4,453,125 | ₹199.50 |
| Total : | 100% | 12,723,214 | ₹570.00 |
Innova Captab IPO EPS :
The Innova Captab company’s EPS growth is Increasing every year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹14.16 | 24.58% | ₹57.60 |
| 2022 | ₹13.32 | 30.66% | ₹43.45 |
| 2021 | ₹7.19 | 23.83% | ₹30.16 |
Innova Captab IPO Peer Comparison PE :
The Innova Captab, According to the RHP of the company only Happiest Minds Technology company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Suven Pharmaceuticals Limited | 35.97 |
| 2. | Torrent Pharmaceuticals Limited | 39.03 |
| 3. | Ajanta Pharma Limited | 22.78 |
| 4. | Eris Lifesciences Limited | 26.38 |
| 5. | Indoco Remedies Limited | 34.85 |
| 6. | J. B. Chemicals Pharmaceuticals Limited | 28.37 |
| 7. | Laurus Labs Limited | 30.66 |
| 8. | NATCO Pharma Limited | 27.51 |
| 9. | Windlas Biotech Limited | 25.94 |
Innova Captab IPO Dates :
Innova Captab IPO Date is 21 December 2023 and closes on 26 December 2023. The allotment will be finalized on 27 December 2023 and the IPO may list on 29 December 2023.
| Anchor Date : | 20 December 2023 |
| Open Date : | 21 December 2023 |
| Close Date : | 26 December 2023 |
| Allotment Date : | 27 December 2023 |
| Refund Date : | 28 December 2023 |
| Share Credit Date : | 28 December 2023 |
| Listing Date : | 29 December 2023 |
Innova Captab IPO Form :
There are two ways to apply for Innova Captab IPO. You can apply for Innova Captab IPO through ASBA available in your bank account. You have to go to your online bank login select Innova Captab IPO in the Invest section and apply through your bank account. Another option is you apply for Innova Captab IPO through IPO form download through NSE and BSE. See the Innova Captab IPO Form – Download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Innova Captab Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹935.58 | ₹843.78 | ₹67.95 |
| 2022 | ₹803.41 | ₹717.79 | ₹63.95 |
| 2021 | ₹412.03 | ₹365.69 | ₹34.50 |
Company Promoters :
■ Manoj Kumar Lohariwala
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Innova Captab IPO Lead Managers :
■ ICICI Securities Limited
■ Jm Financial Limited
Innova Captab IPO Registrar :
KFin Technologies Limited
Selenium, Tower B, Plot No – 31 and 32,
Financial District Nanakramguda, Serilingampally
Hyderabad, Rangareddi 500 032
Telangana, India
Telephone: + 91 40 6716 2222
Email: [email protected]
Investor grievance e-mail: [email protected]
Website: www.kfintech.com
Note: Check Innova Captab IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Innova Captab Limited
Office No. 606, Ratan Galaxie – 6th Floor
Plot No. 1, J. N. Road, Mulund (W)
Mumbai, Maharashtra 400 080, India
Telephone: +91 1724194500
Email: [email protected]
Website: www.innovacaptab.com
Innova Captab IPO FAQs :
What is Innova Captab IPO?
Innova Captab IPO is Mainboard IPO. They are going to raise ₹570.00 Crores via IPO. The issue is priced at ₹426-₹448 per equity share. The IPO is to be listed on NSE, and BSE.
When Innova Captab IPO will open?
The IPO is to open on 21 Dec – 24 Dec for QIB, NII & RII.
What is Innova Captab IPO Size?
Innova Captab IPO size is ₹570.00 Crores.
What is the Fresh issue size of Innova Captab IPO?
The Fresh issue size of Innova Captab IPO ₹320.00 Cr.
What is the Offer For Sale size of Innova Captab IPO?
The Offer For Sale size of Innova Captab IPO ₹250.00 Cr.
What is Innova Captab IPO Price Band?
Innova Captab IPO Price Band is ₹426-₹448 Per share.
What is Innova Captab IPO Minimum and Maximum Lot Size?
The minimum 33 Shares with ₹14,784 amount while the maximum 429 shares with ₹192,192.
What is Innova Captab IPO Investors Portion?
The investors’ portion for QIB is 50%, NII 15%, RII 35%.
What is the Innova Captab IPO Allotment Date?
Innova Captab IPO allotment date will be 27 December 2023.
What is the Innova Captab IPO Listing Date?
Innova Captab IPO listing date will be 29 December 2023. The IPO is to be listed on NSE, and BSE.
How to Apply for the Innova Captab IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Innova Captab IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Innova Captab IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Innova Captab IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Innova Captab IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Innova Captab IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Innova Captab IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Innova Captab IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Innova Captab IPO GMP: Click Here Innova Captab IPO Subscription: Click Here Innova Captab IPO Allotment: Click Here Innova Captab IPO Listing: Click Here |
All Innova Captab IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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