Valencia India IPO Details

Bookbuilding IPO | ₹49 Cr | Listed at BSE SME | Thu, Jun 26, 2025 - Mon, Jun 30, 2025

Valencia India IPO Logo

Valencia India IPO is a book build issue of ₹48.95 crores. The issue is a combination of fresh issue of 0.40 crore shares aggregating to ₹44.00 crores and offer for sale of 0.05 crore shares aggregating to ₹4.95 crores.

Valencia India IPO bidding started from Jun 26, 2025 and ended on Jun 30, 2025. The allotment for Valencia India IPO was finalized on Jul 1, 2025. The shares got listed on BSE SME on Jul 3, 2025.

Valencia India IPO price band is set at ₹110 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,32,000 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,64,000.

Interactive Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Aftertrade Broking Pvt.Ltd..

Refer to Valencia India IPO RHP for detailed Information.

IPO Open

Thu, Jun 26, 2025

IPO Close

Mon, Jun 30, 2025

Issue Price

₹110 per share

Market Cap (Pre-IPO)

₹143.00 Cr

IPO Details

IPO Date26 to 30 Jun, 2025
Listed onThu, Jul 3, 2025
Face Value10 per share
Price Band₹95 to ₹110
Issue Price₹110 per share
Lot Size1,200 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size44,49,600 shares
(agg. up to ₹49 Cr)
Reserved for Market Maker
2,23,200 shares
(agg. up to ₹2 Cr)
Aftertrade Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
37,76,400 shares
(agg. up to ₹42 Cr)
Offer for Sale4,50,000 shares of ₹10
(agg. up to ₹5 Cr)
Net Offered to Public42,26,400 shares
(agg. up to ₹46 Cr)
Share Holding Pre Issue90,00,000 shares
Share Holding Post Issue1,29,99,600 shares
BSE Script Code 544433
ISININE130701019

IPO Timetable

Issue Reservation

Valencia India IPO comprises a total issue size of 44,49,600 shares. The net offer to the public is 42,26,400 shares, after excluding 2,23,200 shares allotted on a firm basis. Of the Net offer 4,22,400 (9.99%) are allocated to QIB, 11,41,200 (27.00%) allocated to NII 26,62,800 (63.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 4,22,4009.99%9.49%
NII (HNI) Shares Offered 11,41,20027.00%25.65%
Retail Shares Offered 26,62,80063.00%59.84%
Firm Reservations
Market Maker Shares Offered 2,23,2005.02%
Total Shares Offered 44,49,600100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,200 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 1,200 ₹1,32,000
Retail (Max) 1 1,200 ₹1,32,000
HNI (Min) 2 2,400 ₹2,64,000
IPO Subscription Details

About Valencia India Ltd.

Incorporated in 2017, Valencia India Limited is a diversified business conglomerate with operations in India and overseas. The company has a significant presence in the real estate and construction industry, focusing on developing residential apartments, bungalows, malls, multiplexes, commercial spaces, and offices.

In addition to real estate, Valencia India is actively involved in the export and import of food and non-food products globally, aiming to provide effective and reliable services across nations.

The company also engages in trading FMCG, agro, and dairy commodities, particularly in the Middle East, and has established a presence in the hospitality and resort business.

The club was leased to Valencia India Limited (formerly Valencia Country Club Pvt. Ltd.) in 2017 for operation and maintenance. No formal agreement existed between the company and Basil Buildcon Pvt. Ltd.

In 2019, the company signed a 9-year Lease and License Agreement, including a 18-month lock-in period. The lease covers a 35,000 sq. ft. club building, villas, and associated areas like restaurants, gym, and spa.

Apart from club facilities, the company organize a variety of events including pre-wedding functions, receptions, weddings, cocktail parties, family/group picnics, corporate picnics, birthday parties, and get-togethers.

As on May 30, 2025, the company has total strength of 19 full time employees.

Competitive Strengths:

  • Valencia Abu: The Perfect Blend of Location, Luxury, and Amenities
  • Delivery of quality family holiday experience
  • Exceptional Service
  • Strength in RCI Affiliates
  • Experience of the Promoter

Company Financials (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets13.8312.076.264.85
Total Income5.567.115.234.19
Profit After Tax1.541.940.560.25
EBITDA2.513.071.070.48
NET Worth10.489.211.270.71
Reserves and Surplus1.759.181.260.70
Total Borrowing1.151.473.492.17
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Development of 15 villas and club house 37.42
2 General corporate purposes 7.33

Key Performance Indicator (KPI)

KPIMar 31, 2024
ROE37.07%
ROCE28.36%
Debt/Equity0.16
RoNW21.08%
PAT Margin27.28%
EBITDA Margin43.15%
Price to Book Value10.75
Pre IPOPost IPO
EPS (₹)2.161.58
P/E (x)51.0269.63
Promoter Holding88.66%60%
Market Cap143.00 Cr.
Mr. Keyur Patel is the promoter of the company.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2024 available in RHP.

IPO Review

[Dilip Davda]
VIL is running a resort at Abu where it is expanding its infrastructure to accommodate more guests. The company posted growth in its top and bottom lines for the reported periods. Boosted bottom lines from FY24 onwards raise eyebrows as it is operating in a highly competitive and fragmented business. Based on its recent financial data, the issue appears exorbitantly priced. There is no harm in skipping this pricey and highly risky bet.
Read detail review...

Valencia India IPO Recommendations

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Valencia India IPO Subscription Status (Bidding Detail)

The Valencia India IPO is subscribed 1.28 times on June 30, 2025 5:04:36 PM (Day 3). The public issue subscribed 1.31 times in the retail category, 1.28 times in the QIB category, and 1.22 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB1.284,22,4005,38,8000
NII*1.2211,41,20013,90,8000
Retail1.3126,62,80034,94,4000
Total1.2842,26,40054,24,0003,048

Total Application : 3,048

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Lead Manger Fees including Underwriting Commission. 3.20
2 Brokerage, selling commission and Marketing 0.20
3 Registrar to the Issue 0.07
4 Legal Advisors 0.04
5 Advertising and marketing expenses 0.35
6 Regulators including stock exchanges 0.15
7 Printing and distribution of issue stationary 0.07
8 Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees, Underwriting fees and Miscellaneous Expenses.) 0.12

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price110.00
Open88.00
Low83.60
High88.00
Last Trade83.60

Check IPO Performance…

IPO Registrar

Kfin Technologies Ltd.

Contact Details

Valencia India Ltd. Address
Unit No. 927, Gala Empire,
Opp. Doordarshan Tower, Drive In road,
Thaltej Road,
Ahmedabad, Gujarat, 380054
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IPO FAQs

Valencia India IPO is a SME IPO of 44,49,600 equity shares of the face value of ₹10 aggregating up to ₹49 Crores. The issue is priced at ₹110 per share. The minimum order quantity is 1200.

The IPO opens on Thu, Jun 26, 2025, and closes on Mon, Jun 30, 2025.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Valencia India IPO using UPI as a payment gateway. Zerodha customers can apply in Valencia India IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Valencia India IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Valencia India IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Valencia India IPO opens on Thu, Jun 26, 2025 and closes on Mon, Jun 30, 2025.

Valencia India IPO lot size is 1200, and the minimum amount required for application is ₹1,32,000.

You can apply in Valencia India IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Valencia India IPO will be done on Tuesday, July 1, 2025, and the allotted shares will be credited to your demat account by Wed, Jul 2, 2025. Check the Valencia India IPO allotment status.

The Valencia India IPO listing date is on Thu, Jul 3, 2025.

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