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Vijaypd Ceutical Ltd. has refiled a Draft Red Herring Prospectus (DRHP) with the exchange on July 9, 2025 to raise funds through Initial Public Offer (IPO).
The initial submission on December 2, 2024 was withdrawn by the company on May 8, 2025 prompting the company to refile the documents.
Vijaypd Ceutical Ltd. IPO is a Fixed Price Issue consisting solely of fresh issue of upto 0.55 crore equity shares worth ₹19.25 crores.
The equity shares are proposed to be listed on the NSE SME. Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Vijaypd Ceutical IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹35 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 55,00,000 shares (aggregating up to ₹19.25 Cr) |
| Reserved for Market Maker | 2,84,000 shares Shreni Shares Ltd. (aggregating up to ₹0.9940 Cr) |
| Net Offered to Public | 52,16,000 shares (aggregating up to ₹18.26 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,40,28,686 shares |
| Share Holding Post Issue | 1,95,28,686 shares |
Vijaypd Ceutical IPO offers total 55,00,000 shares. Out of which 26,08,000 (47.42%) allocated to NII, 26,08,000 (47.42%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,84,000 (5.16%) |
| NII (HNI) Shares Offered | 26,08,000 (47.42%) |
| Retail Shares Offered | 26,08,000 (47.42%) |
| Total Shares Offered | 55,00,000 (100.00%) |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Dec 2, 2024 |
| Offer document withdrawn | Thu, May 8, 2025 |
| Filed with SEBI/Exchange | Wed, Jul 9, 2025 |
Investors can bid for a minimum of 8,000 shares and in multiples of 4,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 8,000 | ₹2,80,000 |
| Individual investors (Retail) (Max) | 2 | 8,000 | ₹2,80,000 |
| HNI (Min) | 3 | 12,000 | ₹4,20,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in October 1971, Vijaypd Ceutical Limited distributes pharmaceutical products and consumer goods, offering a comprehensive range of services.
The company acts as representatives, dealers, agents, stockists, suppliers, traders, and packers.
The company serves the pharmaceutical and wellness industries, as well as the FMCG market, offering products like medicines (injections, tablets, capsules, ointments, suppositories, ophthalmic preparations, liquid oral products), vitamins, hormones, enzymes, wellness tonics, serums, diagnostic test kits, personal care items (soaps, sanitizers, baby care), ayurvedic products, cosmetics, food products, dental products, and crude drugs.
As of September 30, 2024, the company serves over 1,451 pharmacies, clinics, and nursing homes across three districts and 20 locations.
The company's distribution network connects with over 154 healthcare product manufacturers, providing access to more than 24,000 SKUs.
This product portfolio allows the company to meet customer needs while ensuring quality and reliability in pharmaceutical supply.
The company is a pharmaceutical distributor with FDA, FSSAI, and BMC certifications.
As of September 30, 2024, the company had about 46 employees managing daily operations, including administrative, legal, and accounting tasks.
Competitive Strength:
Vijaypd Ceutical Ltd.'s revenue increased by 99% and profit after tax (PAT) rose by 191% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 57.15 | 33.27 | 32.87 |
| Total Income | 117.87 | 59.22 | 52.92 |
| Profit After Tax | 4.80 | 1.65 | 0.18 |
| EBITDA | 8.59 | 4.87 | 1.32 |
| Net Worth | 32.17 | 6.59 | 4.93 |
| Reserves and Surplus | 18.14 | ||
| Total Borrowing | 21.77 | 24.45 | 25.56 |
| Amount in ₹ Crore | |||
| KPI | Values |
|---|---|
| ROE | 24.74% |
| ROCE | 17.30% |
| Debt/Equity | 0.68 |
| RoNW | 14.91% |
| PAT Margin | 4.10% |
| EBITDA Margin | 7.34% |
The Company Vijaypd Ceutical IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the company towards the construction of Pharmaceutical API/ Intermediates and Chemicals manufacturing plant and purchase of machineries in MIDC – Shrirampur, Ahmednagar, Maharashtra | 10.83 |
| 2 | Repayment/prepayment of all or certain of the borrowings availed of by the Company | 5.10 |
| 3 | General corporate purposes |
Vijaypd Ceutical Ltd.
A/1, 1st Floor
Devraj Premises
CHSL, Goregaon West
Mumbai, Maharashtra, 400062
Phone: +91 9820917040
Email: investors@vijaypdceutical.com
Website: https://www.vijaypdceutical.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: vcl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Vijaypd Ceutical IPO is a SME IPO of 55,00,000 equity shares of the face value of ₹10 aggregating up to ₹19.25 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000.
The Vijaypd Ceutical IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Vijaypd Ceutical IPO using UPI as a payment gateway. Zerodha customers can apply in Vijaypd Ceutical IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vijaypd Ceutical IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vijaypd Ceutical IPO dates are not announced. Please check back again after some time.
Vijaypd Ceutical IPO lot size is 4000, and the minimum amount required for application is ₹2,80,000, with 2 lots being the minimum application size.
You can apply in Vijaypd Ceutical 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 Vijaypd Ceutical IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vijaypd Ceutical IPO allotment status.
The Vijaypd Ceutical IPO listing date is not yet announced. The tentative date of Vijaypd Ceutical IPO listing is [.].
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