Fixed Price IPO | ₹12 Cr | Listed at NSE SME | Fri, Jun 16, 2023 - Wed, Jun 21, 2023
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Fri, Jun 16, 2023
IPO Close
Wed, Jun 21, 2023
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹41.85 Cr
| IPO Date | 16 to 21 Jun, 2023 |
| Listed on | Fri, Jun 30, 2023 |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 40,00,000 shares (agg. up to ₹12 Cr) |
| Reserved for Market Maker | 2,08,000 shares Rikhav Securities Ltd. (agg. up to ₹0.6240 Cr) |
| Fresh Issue (Ex Market Maker) | 37,92,000 shares (agg. up to ₹11 Cr) |
| Net Offered to Public | 37,92,000 shares (agg. up to ₹11 Cr) |
| Share Holding Pre Issue | 99,50,000 shares |
| Share Holding Post Issue | 1,39,50,000 shares |
| NSE Symbol | VILINBIO |
| ISIN | INE0L4V01013 |
Vilin Bio Med IPO comprises a total issue size of 40,00,000 shares. The net offer to the public is 37,92,000 shares, after excluding 2,08,000 shares allotted on a firm basis. Of the Net offer 18,96,000 (50.00%) allocated to NII 18,96,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 18,96,000 | 50.00% | 47.40% |
| Retail Shares Offered | 18,96,000 | 50.00% | 47.40% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,08,000 | 5.20% | |
| Total Shares Offered | 40,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| 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 |
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 | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 16.87 | 13.56 | 13.89 | 14.01 |
| Total Income | 9.03 | 11.22 | 11.72 | 16.82 |
| Profit After Tax | 1.28 | 0.03 | 0.12 | 0.16 |
| NET Worth | 8.68 | 7.40 | 7.36 | 7.24 |
| Reserves and Surplus | 5.38 | 4.10 | 4.06 | 3.94 |
| Total Borrowing | 6.18 | 5.30 | 5.52 | 4.53 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting additional working capital requirements | 8.49 |
| 2 | General Corporate Purposes | 2.51 |
| KPI | |
|---|---|
| ROE | 14.76% |
| ROCE | 8.58% |
| Debt/Equity | 0.71 |
| RoNW | 1.15% |
| PAT Margin | 0.30% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 0.10 | |
| P/E (x) | 24.59 | |
| Promoter Holding | 91.45% | 64.52% |
| Market Cap | ₹41.85 Cr. |
The Vilin Bio Med IPO is subscribed 2.80 times on June 21, 2023 7:30:00 PM (Day 4). The public issue subscribed 4.31 times in the retail category, [.] times in the QIB category, and 1.28 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.28 | 18,96,000 | 24,36,000 |
| Retail | 4.31 | 18,96,000 | 81,72,000 |
| Total | 2.80 | 37,92,000 | 1,06,08,000 |
Total Applications: 2,043
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including, underwriting, and selling commissions, brokerages, Advisors to the Company, payment to other intermediaries such as Legal Advisors, Registrars etc. and other out of pocket expenses. | 0.81 |
| 2 | Advertising and marketing expenses | 0.03 |
| 3 | Printing and stationery expenses, distribution, and postage | 0.04 |
| 4 | ROC, Regulatory and other expenses including Listing Fee | 0.12 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹30.00 |
| Low | ₹28.50 |
| High | ₹30.00 |
| Last Trade | ₹28.50 |
Lead Manager Reports
Vilin Bio Med IPO is a SME IPO of 40,00,000 equity shares of the face value of ₹10 aggregating up to ₹12 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Fri, Jun 16, 2023, and closes on Wed, Jun 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 Fri, Jun 16, 2023 and closes on Wed, Jun 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 Thu, Jun 29, 2023. Check the Vilin Bio Med IPO allotment status.
The Vilin Bio Med IPO listing date is on Fri, Jun 30, 2023.
