Walpar Nutritions Limited IPO Detail
Incorporated in 2009, Walpar Nutritions manufactures different types of Nutraceutical, Ayurvedic, Cosmeceuticals, Sexual Wellness, and food supplement products. It has developed 100+ formulations and 1000 brands under different segments i.e. Orthopaedics, Cardiac, Diabetic, Dermatology, Pain Management, Antibiotics, Gynaecology, Neuro, Gastro-Intestinal, and sports nutrition. It further manufactures tablets, capsules, Ointments, creams, lotions, gels and sachet, powders, liquid orals, etc.
The company has a manufacturing facility in Gandhinagar with an installed manufacturing capacity of 23 lakhs tablet/month, 12.50 lakhs capsules/month, 1.50 lakhs oral liquids/month, and 2 lakhs sachets/month.
Competitive strengths
- Large product portfolio with 70+ products.
- Strong product manufacturing and development capabilities.
- Best quality products, certified by FSSAI and AYUSH department.
Company Promoters
Mr. Kalpesh Pravinchandra Ladhawala, Mr. Tanmay Kumar Ashwinbhai and Mrs. Sejal Kalpesh Ladhawala are the company promoters.IPO Details
| IPO Opening Date | Jun 30, 2021 |
| IPO Closing Date | Jul 05, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹55 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹6.60 Cr |
| Fresh Issue | - |
| Offer for Sale | - |
| Retail Portion | - |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0.54x | 8.34x | 4.44x | |
| Day 2 | - | - | 1.01x | 17.94x | 9.48x |
IPO Tentative Timetable
The Walpar Nutritions Limited IPO open date is Jun 30, 2021, and the close date is Jul 05, 2021. The issue may list on Jul 13, 2021.
| IPO Open Date | Jun 30, 2021 |
| IPO Close Date | Jul 05, 2021 |
| Basis of Allotment Date | Jul 08, 2021 |
| Initiation of Refunds | Jul 09, 2021 |
| Credit of Shares to Demat Account | Jul 09, 2021 |
| IPO Listing Date | Jul 13, 2021 |
IPO Lot Size
The Walpar Nutritions Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹110000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹110000 |
| Maximum | 1 | 2000 | ₹110000 |
IPO Promoter Holding
| Pre Issue Share Holding | 96.53% |
| Post Issue Share Holding | 71.02% |
Company Financials:
For the year/period ended (₹ in Crs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 1,317.41 | 1,671.27 | 12.18 |
| 31-Mar-19 | 918.09 | 1,282.27 | 6.88 |
| 31-Mar-18 | 390.37 | 644.53 | 0.33 |
Objects of the Issue:
- To invest in subsidiaries.
- Meet working capital requirements.
- Meet general corporate purposes.
- Meet issue expenditures.
