Innova Captab IPO Date, Review, Price, Allotment Details

Innova Captab IPO: The details of the Innova Captab initial public offering (IPO) are as follows: The IPO is scheduled to commence on December 21 and conclude on December 26. To generate approximately 570 crores through an initial public offering (IPO), Innova Capital will reissue 320 crores and offer for sale 5,580,357 equity shares for 10 each. HNI is 15%, while QIB is 50%, and the retail quota is 35%.

In India, Innova Captab operates as an integrated pharmaceutical corporation encompassing all stages of the pharmaceutical value chain, including marketing, exports, research and development, and drug distribution. The company operates three divisions: (i) a contract development and manufacturing organization (“CDMO”) that supplies Indian pharmaceutical companies with manufacturing services; (ii) a domestic brand of branded generics; and (iii) an international brand of branded generics.

Anticipant and vitamin-based products, analgesics and antipyretics, anticold and antiallergic, antiemetic, antidiabetic, proton pump inhibitors, anticholinergic, and heparin nonsteroidal anti-inflammatory drugs (NSAIDs), fluoroquinolone and macrolide, nootropics and neurotropic/neurotrophic, cardiovascular, antioxidant and vitamin products, anti-hyperuricemia and antigout agents, fluoroquinolone and macrolide, nootropics and neurotronic/neurotrophic, anti ulcerative (Oct. 2023—CRISIL Report, source).

They recorded the third highest operating revenue, the second highest operating profit margin, the third highest net profit margin, and the second highest return on capital employed among Indian formulation CDMO participants analyzed in the CRISIL Report for Fiscal 2022. (Oct. 2023—CRISIL Report, source). The company produced an extensive range of generic products, exceeding 600 in number, and distributed them in India via a network of over 150,000 retail pharmacies and an estimated 5,000 distributors and merchants representing their brands. The company also exported branded generic products to twenty and sixteen countries, respectively, during fiscal 2023 and the three months ending June 30, 2023.

The manufacturing facility in Baddi, Himachal Pradesh, where the organization operates, houses a specialized research and development laboratory as well as pilot equipment. This facility has received recognition from the Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India (“DSIR”). Furthermore, they intend to build a new research and development facility in Panchkula, Haryana. In addition to the two manufacturing facilities they currently operate in Baddi, Himachal Pradesh, they are also in the process of constructing a new facility in Jammu. The establishments possess certifications for good manufacturing practices (“GMP”) issued by the Health and Family Welfare Department of Himachal Pradesh by the World Health Organization’s (“WHO”) recommended format. Additionally, they have obtained a certificate of GMP compliance from the Food, Medicine, and Health Care Administration and Control Authority of Ethiopia.

Shanti Spintex IPO Date, Review, Price, Allotment Details

Item Concerning the Issue

• Prepayment or repayment in full or in part of specific outstanding loans of our organization;
• Investment in our subsidiary, UML, for partial or complete repayment and/or prepayment of outstanding obligations
• Obtainable loans by UML;
• Providing for our working capital needs; and
• General purposes of the company

Review of the Innova Captab IPO (Apply or Not)

• Potentially Applying

Review of Brokerage Firm IPO

• Apply to Ajcon Global Services
• Apply to Wastika Investment

Innova Captab IPO Date and Price Band Details

Innova Captab IPO Market Lot

The Innova Captab IPO minimum market lot is 33 shares with ₹14,784 application amount. The retail investors can apply up to 13 lots with [.] shares or ₹[.] amount.

Innova Captab IPO Allotment & Listing Dates

The Innova Captab IPO date is December 21 and the close date is December 26. The Innova Captab IPO allotment will be finalized on December 27 and the IPO listing on December 29.

Innova Captab IPO Form

How to apply for the Innova Captab IPO? You can apply for Innova Captab IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Innova Captab IPO in the Invest section. The other option is you can apply for Innova Captab IPO via IPO forms downloaded via NSE and BSE. Check out the Innova Captab forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Innova Captab Company Financial Report

Innova Captab IPO Valuation – FY2023

Check Innova Captab IPO valuation details like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

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• Promotional Firms
• Kumar Manoj Lohariwala
• Kumar Vinay Lohariwala

Innova Captab Registrar of IPOs

Contact information for KFIN Technologies Limited: +91 40 6716 2222; innovacaptab.ipo@kfintech.com
The URL for the site is www.kfintech.com.

Verification of Innova Captab IPO Allotment Status

Examine the status of Innova Captab IPO allotments via the KFintech website’s allotment URL. Proceed Here

Lead Managers for the Innova Captab IPO, also known as merchant bankers

• Securities Limited by ICICI
• JM Financial Restriction

Organizational Address

Investors@innovacaptab.com can be contacted at Innova Captab Limited, which is located at Ratan Galaxie, 6th Floor, Plot No. 1, J. N. Road, Mulund (W), Mumbai, Maharashtra 400 080. Telephone: 91-22-2564 2095.
The address of the website is www.innovacaptab.com.

Innova Captab IPO FAQs

What is Innova Captab IPO?

Innova Captab IPO is a main-board IPO. They are going to raise ₹570 Crores via IPO. The issue is priced at ₹426 to ₹448 pr equity share. The IPO is to be listed on BSE & NSE.

When Innova Captab IPO will open?

The IPO is to open on December 21, 2023 for QIB, NII, and Retail Investors.

What is Innova Captab IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Innova Captab IPO?

You can apply for Innova Captab IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Innova Captab IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Innova Captab”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Innova Captab IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Innova Captab”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Innova Captab IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Innova Captab”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Innova Captab IPO Size?

Innova Captab IPO size is ₹570 crores.

What is Innova Captab IPO Price Band?

Innova Captab IPO Price Band is ₹426 to ₹448.

What is the Innova Captab IPO Allotment Date?

Innova Captab IPO allotment date is December 27, 2023.

What is the Innova Captab IPO Listing Date?

Innova Captab IPO listing date is December 29, 2023. The IPO is to list on BSE and NSE.

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