Vilin Bio Med IPO

Vilin Bio Med IPO

Closed RHP

Listing Details

  • Listing Exchange NSE SME
  • Listing Date 30-Jun-23
  • IPO Price Range ₹ 30
  • Listing Price ₹ 30
  • Listing Change 0.0%
  • Last Traded Price ₹ 21.9
  • Current Change -27.0%

Vilin Bio Med IPO Details

  • Open Date 16-Jun-23
  • Close Date 21-Jun-23
  • Lot Size 4000
  • IPO Size ₹ 12.00 Cr
  • IPO Price Range ₹ 30
  • Min Investment ₹ 120000
  • Listing Exchange NSE SME
  • Basis of Allotment 26-Jun-23
  • Refunds 27-Jun-23
  • Credit to Demat Account 29-Jun-23
  • Listing Date 30-Jun-23

Vilin Bio Med IPO Subscription Status

Date QIB NII Retail TOTAL
16 June'23 - 0.01 0.58 0.24
19 June'23 - 0.05 1.30 0.62
20 June'23 - 0.02 2.37 1.20
21 June'23 - 1.28 4.24 2.76

Vilin Bio Med IPO Synopsis

Vilin Bio Med Limited is engaged in the domestic business of manufacturing pharmaceutical products, and the manufacturing unit its IPO opens on 16th June and closes on 21st June.

The issue consists of a fresh issue of 4,000,000 shares (aggregating up to ₹12.00 Cr). The price band for the issue is fixed at Rs. 30 per share. The lot size is set for 4000 shares per lot. The shares will be allotted on 26th June and the issue will be listed on the 30th June on the stock exchanges.

The book-running lead manager to the offer is Inventure Merchant Banker Services Pvt Ltd

Objectives of Vilin Bio Med IPO

The company intends to utilize the proceeds from the net issue for the following objects:

1.    Augmenting additional working capital requirements, and
2.    General Corporate Purposes.
 

About Vilin Bio Med

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

Peer Comparison

●    JFL Life Sciences Limited
●    Vaishali Pharma Limited
●    Anuh Pharma Limited

For More Information:

Webstory on Vilin Bio Med IPO

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY21 FY20
Revenue 1,121.49 1,171.52 1,681.29
EBITDA 77.01 86.02 91.05
PAT 4.46 16.11 19.38
Particulars (in Rs. Crores) FY22 FY21 FY20
Total Assets 1,355.83 1,389.14 1,400.60
Share Capital 330 330 330
Total Borrowings 529.96 529.96 453.41
Particulars (in Rs. Crores) FY22 FY21 FY20
Net cash generated from / (used in) operating activities 20.86 (100.18) (145.59)
Net cash from / (used in) investing activities     -2.42
Net cash flow from / (used in) financing activities (21.62) 98.17 150.70
Net increase (decrease) in cash and cash equivalents (0.76) (2.01) 2.70


Peer Comparison

There are no listed companies in India that engage in a business similar to that of this company


Vilin Bio Med IPO Key Points

  • Strengths

    1. Experienced Management and Dedicated Employee Base
    2. Quality Assurance 


     

  • Risks

    1. There are certain outstanding legal proceedings against the company that may adversely affect its business, financial condition, and results of operations
    2. There are outstanding criminal legal proceedings involving the Company
    3.  There were certain NCLT cases that have been filed against the Company in the past
     

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Vilin Bio Med IPO FAQs

What is the minimum lot size of Vilin Bio Med IPO?

The minimum lot size of Vilin Bio Med IPO is 4000 shares. 

What is the price band of the Vilin Bio Med IPO?

The price band of Vilin Bio Med IPO is Rs.30 per share.

When does the Vilin Bio Med IPO opens and closes?

The Vilin Bio Med IPO opens on June 16, 2023 and closes on June 21, 2023

What is the size of the Vilin Bio Med IPO?

The Vilin Bio Med IPO comprises of a total issue 4,000,000 shares (aggregating up to ₹12.00 Cr)

What is the allotment date of Vilin Bio Med IPO?

The allotment date of Vilin Bio Med IPO is 26th June 2023. 

What is the Vilin Bio Med IPO listing date?

The listing date of Vilin Bio Med IPO is 30th June 2023.

Who is the book runners for Vilin Bio Med IPO?

Inventure Merchant Banker Services Pvt Ltd is the book runner of Vilin Bio Med IPO. 

What is the objective of Vilin Bio Med IPO?

The company intends to utilize the proceeds from the net issue for the following objects:

1.    Augmenting additional working capital requirements, and
2.    General Corporate Purposes
 

How to apply for the Vilin Bio Med IPO?

To apply for Vilin Bio Med IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and price at which you wish to apply for     
●    Enter your UPI ID and click on submit. With this, your bid will be placed     with the exchange    
●    You will receive a mandate notification to block funds in your UPI app
 

Contact Details of Vilin Bio Med IPO

Contact Information

Vilin Bio Med Limited

Sy.No.115/GF/J,
Hanumanji Colony, Brig Sayeed Road,
Bowempally, Secunderabad – 500003
Phone: +91 40 7961 8843
Email: mcs@vilinbiomed.co.in
Website: http://www.vilinbiomed.co.in/index.html

Vilin Bio Med IPO Register

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Vilin Bio Med IPO Lead Manager

Inventure Merchant Banker Services Pvt Ltd