27 Sep 2023
03 Oct 2023
₹133 to ₹140
05 Oct 2023
09 Oct 2023
Valiant Laboratories Limited, an Indian firm that specializes in producing pharmaceutical ingredients, was founded in 1980. The company's manufacturing facility is situated in Palghar, Maharashtra, and occupies 2,000 square meters of land. It has a total installed annual capacity of 9,000 MT. Additionally, Valiant Laboratories has an R&D facility that is outfitted with a lab for analysis and the necessary infrastructure for developing new products.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects: Investment in its wholly-owned subsidiary, Valiant Advanced Sciences Private Limited (VASPL) for part-financing its capital expenditure requirements in relation to the setting up of a manufacturing facility for specialty chemicals at Saykha Industrial Area, Bharuch, Bharuch, Gujarat (Proposed Facility). Investment in VASPL for funding its working capital requirements. General corporate purposes.
The book-running lead managers to the offer are: Unistone Capital Pvt Ltd
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