Valencia India IPO Subscription Status: Day 3 Reaches 1.28 Times

Valencia India's initial public offering (IPO) has demonstrated modest investor demand through its third and final day of subscription, with Valencia India's stock price set at ₹95-110 per share, reflecting cautious market reception. The ₹48.95 crore IPO reached 1.28 times by 5:04:36 PM on day three, indicating measured investor interest in this diversified business conglomerate incorporated in 2017.

Valencia India IPO retail investors segment leads with moderate 1.31 times subscription, whilst qualified institutional buyers demonstrate steady participation at 1.28 times and non-institutional investors show reasonable interest at 1.22 times, reflecting cautious investor confidence in this company operating across real estate development, hospitality, export-import of food products, and FMCG trading with focus on residential apartments, commercial spaces, resort operations, and commodity trading primarily in Middle East markets.

Valencia India IPO subscription reached a moderate 1.28 times on day three, led by Retail (1.31x), QIB (1.28x), and NII (1.22x). Total applications reached 3,048.

Subscription Status of Valencia India IPO:

Here are the subscription details for the Valencia India IPO as of Day 3 (June 30, 2025, 5:04:36 PM):

Key Highlights - Day 3:

• Overall subscription reaching a moderate 1.28 times, improving from day two's 0.70 times
• Retail segment leading with modest demand at 1.31 times, building from day two's 0.76 times
• QIB segment demonstrating steady participation at 1.28 times, increasing from day two's 1.08 times
• NII segment showing reasonable interest at 1.22 times, significantly improving from day two's 0.39 times
• The final day witnessed steady improvement across all investor categories, driving overall subscription
• Total applications reached 3,048, indicating limited investor participation for this SME IPO
• The cumulative bid amount reached ₹59.66 crores against the issue size of ₹48.95 crores

Valencia India IPO - Day 2 Subscription at 0.70 Times

Key Highlights - Day 2:

Overall subscription improving to 0.70 times from day one's 0.46 times
QIB segment showing significant growth at 1.08 times, dramatically increasing from day one's 0.00 times
Retail segment demonstrating steady progress at 0.76 times, building from day one's 0.51 times
NII segment declining to 0.39 times from day one's 0.52 times
Day two demonstrated mixed performance with institutional participation but limited overall response

Valencia India IPO - Day 1 Subscription at 0.46 Times

Key Highlights - Day 1:

• Overall subscription opening cautiously at 0.46 times, showing modest initial investor interest
• NII segment leading early participation at 0.52 times, indicating measured high-net-worth sentiment
• Retail segment showing moderate early interest at 0.51 times, reflecting cautious individual investor confidence
• QIB segment demonstrating no participation at 0.00 times, indicating reserved institutional sentiment
• Opening day demonstrated mixed initial engagement with limited institutional response

About Valencia India Limited

Incorporated in 2017, Valencia India Limited operates as a diversified business conglomerate with a presence in real estate development, hospitality, and export-import operations. The company focuses on residential apartments, commercial spaces, and operates a resort facility in Abu under a 9-year lease agreement, whilst engaging in FMCG and commodity trading primarily in Middle East markets with 19 full-time employees as of May 2025.

Financial performance shows mixed trends with revenue declining from ₹7.11 crores in FY2024 to ₹5.56 crores in nine months ended December 2024, whilst profit after tax decreased from ₹1.94 crores to ₹1.54 crores. The company maintains strong profitability metrics with 37.07% ROE and 43.15% EBITDA margin, but operates with an extremely high debt-to-equity ratio of 0.16. Post-IPO P/E ratio of 69.63x appears exorbitantly priced for a diversified conglomerate, particularly given the declining revenue trends and highly competitive, fragmented business segments, raising significant concerns about valuation sustainability.