Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Vilin Bio Med IPO is a fixed price issue of ₹12.00 crores. The issue is entirely a fresh issue of 0.40 crore shares of ₹12.00 crore.
Vilin Bio Med IPO bidding started from Jun 16, 2023 and ended on Jun 21, 2023. The allotment for Vilin Bio Med IPO was finalized on Jun 26, 2023. The shares got listed on NSE SME on Jun 30, 2023.
Vilin Bio Med IPO price is ₹30.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Inventure Merchant Banker Services Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Rikhav Securities Ltd..
Refer to Vilin Bio Med IPO RHP for detailed Information.
| IPO Date | June 16, 2023 to June 21, 2023 |
| Listing Date | June 30, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 40,00,000 shares (aggregating up to ₹12.00 Cr) |
| Reserved for Market Maker | 2,08,000 shares Rikhav Securities Ltd. (aggregating up to ₹0.6240 Cr) |
| Net Offered to Public | 37,92,000 shares (aggregating up to ₹11.38 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 99,50,000 shares |
| Share Holding Post Issue | 1,39,50,000 shares |
Vilin Bio Med IPO offers total 40,00,000 shares. Out of which 18,96,000 (47.40%) allocated to NII, 18,96,000 (47.40%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,08,000 (5.20%) |
| NII (HNI) Shares Offered | 18,96,000 (47.40%) |
| Retail Shares Offered | 18,96,000 (47.40%) |
| Total Shares Offered | 40,00,000 (100.00%) |
Vilin Bio Med IPO opens on June 16, 2023, and closes on June 21, 2023.
| IPO Open Date | Fri, Jun 16, 2023 |
| IPO Close Date | Wed, Jun 21, 2023 |
| Tentative Allotment | Mon, Jun 26, 2023 |
| Initiation of Refunds | Tue, Jun 27, 2023 |
| Credit of Shares to Demat | Thu, Jun 29, 2023 |
| Tentative Listing Date | Fri, Jun 30, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jun 21, 2023 |
Investors can bid for a minimum of 4,000 shares and in multiples 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 |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2005, 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:
The company has its R&D foundation and manufacturing facility in Roorkee, Uttarakhand.
Vilin Bio Med recorded a Rs. 1,121.91 Lakhs revenue in the year 2022, and Rs. 1,171.88 Lakhs in the year 2021.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 1,400.60 | 1,682.41 | 16.22 | 724.13 | 394.13 | 453.41 |
| 31-Mar-21 | 1,389.14 | 1,171.88 | 12.13 | 736.26 | 406.26 | 551.58 |
| 31-Mar-22 | 1,355.83 | 1,121.91 | 3.35 | 739.61 | 409.61 | 529.96 |
| 31-Dec-22 | 1,687.11 | 903.43 | 128.08 | 867.69 | 537.69 | 617.71 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of Vilin Bio Med IPO is ₹41.85 Cr.
| KPI | Values |
|---|---|
| ROE | 14.76% |
| ROCE | 8.58% |
| Debt/Equity | 0.71 |
| RoNW | 1.15% |
The company intends to utilize the proceeds from the net issue for the following objects:
[Dilip Davda] The company operates in a highly competitive and fragmented segment with many players around. The sudden boost in its bottom line for 9M FY23 raises eyebrows and concern over sustainability going forward. Based on such super earnings, the issue appears greedily priced, while based on its track records, it appears exorbitantly priced. There is no harm in skipping this pricey issue. Read detail review...
| Listing Date | June 30, 2023 |
| BSE Script Code | |
| NSE Symbol | VILINBIO |
| ISIN | INE0L4V01013 |
| Final Issue Price | ₹30 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹30.00 |
| Low | ₹28.50 |
| High | ₹30.00 |
| Last Trade | ₹28.50 |
Vilin Bio Med Ltd.
Sy.No.115/GF/J,
Hanumanji Colony, Brig Sayeed Road,
Bowempally,
Secunderabad, Telangana, 500003
Phone: +91 40 7961 8843
Email: cs@vilinbiomed.co.in
Website: http://www.vilinbiomed.co.in/index.html
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Vilin Bio Med IPO is a SME IPO of 40,00,000 equity shares of the face value of ₹10 aggregating up to ₹12.00 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on June 16, 2023, and closes on June 21, 2023.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Vilin Bio Med IPO using UPI as a payment gateway. Zerodha customers can apply in Vilin Bio Med IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vilin Bio Med IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vilin Bio Med IPO opens on June 16, 2023 and closes on June 21, 2023.
Vilin Bio Med IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in Vilin Bio Med 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 Vilin Bio Med IPO will be done on Monday, June 26, 2023, and the allotted shares will be credited to your demat account by Thursday, June 29, 2023. Check the Vilin Bio Med IPO allotment status.
The Vilin Bio Med IPO listing date is on Friday, June 30, 2023.
Useful Articles
RHP