Vilin Bio Med Limited IPO Detail
Incorporated in 2005, Vilin Bio Med Limited is engaged in the domestic business of manufacturing pharmaceutical products, and the manufacturing unit.
The company sells its products in bulk to pharmaceutical manufacturers, marketers, and traders, who provide the channel for sales to customers.
Its product list can be classified into:
- Oral Liquid (Syrups/Suspensions/Dry Powders (βeta & Non-βeta-Lactam).
- Tablets & Capsules (βeta & Non-βeta-Lactam).
- External Preparations.
- Dry Powders.
The company has its R&D foundation and manufacturing facility in Roorkee, Uttarakhand.
Vilin Bio Med recorded a Rs. 1,121.91 Lakhs revenue in the year 2022, and Rs. 1,171.88 Lakhs in the year 2021.
Company Promoters
Viswa Prasad Sadhanala, Sadhanala Venkata Rao, D. Srinivasa Reddy, and Ramesh Reddy Sama are the company promoters.IPO Details
| IPO Opening Date | Jun 16, 2023 |
| IPO Closing Date | Jun 21, 2023 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹30 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹12.00 Cr |
| Fresh Issue | 4,000,000 shares (aggregating up to ₹12.00 Cr) |
| Offer for Sale | - |
| Retail Portion | 47.40% |
IPO Tentative Timetable
The Vilin Bio Med Limited IPO open date is Jun 16, 2023, and the close date is Jun 21, 2023. The issue may list on Jun 30, 2023.
| IPO Open Date | Jun 16, 2023 |
| IPO Close Date | Jun 21, 2023 |
| Basis of Allotment Date | Jun 26, 2023 |
| Initiation of Refunds | Jun 27, 2023 |
| Credit of Shares to Demat Account | Jun 29, 2023 |
| IPO Listing Date | Jun 30, 2023 |
IPO Lot Size
The Vilin Bio Med Limited IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120000 |
| Maximum | 1 | 4000 | ₹120000 |
IPO Promoter Holding
| Pre Issue Share Holding | 91.45% |
| Post Issue Share Holding | 64.52% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 1389.14 | 1171.88 | 12.13 |
| 31-Mar-22 | 1355.83 | 1121.91 | 3.35 |
| 31-Dec-22 | 1687.11 | 903.43 | 128.08 |
Objects of the Issue:
The company intends to utilize the proceeds from the net issue for the following objects:
- Augmenting additional working capital requirements, and
- General Corporate Purposes.
Vilin Bio Med Limited IPO Registrar:
Bigshare Services Pvt Ltd
Vilin Bio Med Limited IPO Lead Manager(s):
Inventure Merchant Banker Services Pvt Ltd
Company Contact Information:
Vilin Bio Med Limited
Sy.No.115/GF/J, Hanumanji Colony, Brig Sayeed Road, Bowempally
Secunderabad
Secunderabad
