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Walpar Nutritions IPO is a fixed price issue of ₹6.60 crores. The issue is entirely a fresh issue of 0.12 crore shares of ₹6.60 crore.
Walpar Nutritions IPO bidding started from Jun 30, 2021 and ended on Jul 5, 2021. The allotment for Walpar Nutritions IPO was finalized on Jul 8, 2021. The shares got listed on NSE SME on Jul 13, 2021.
Walpar Nutritions IPO price is ₹55.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,10,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,20,000.
Beeline Broking Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Nikunj Stock Brokers Ltd..
Refer to Walpar Nutritions IPO RHP for detailed Information.
| IPO Date | June 30, 2021 to July 5, 2021 |
| Listing Date | July 13, 2021 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 12,00,000 shares (aggregating up to ₹6.60 Cr) |
| Reserved for Market Maker | 60,000 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹0.3300 Cr) |
| Net Offered to Public | 11,40,000 shares (aggregating up to ₹6.27 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 33,41,220 shares |
| Share Holding Post Issue | 45,41,220 shares |
Walpar Nutritions IPO offers total 12,00,000 shares. Out of which 5,70,000 (47.50%) allocated to NII, 5,70,000 (47.50%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 60,000 (5.00%) |
| NII (HNI) Shares Offered | 5,70,000 (47.50%) |
| Retail Shares Offered | 5,70,000 (47.50%) |
| Total Shares Offered | 12,00,000 (100.00%) |
Walpar Nutritions IPO opens on June 30, 2021, and closes on July 5, 2021.
| IPO Open Date | Wed, Jun 30, 2021 |
| IPO Close Date | Mon, Jul 5, 2021 |
| Tentative Allotment | Thu, Jul 8, 2021 |
| Initiation of Refunds | Fri, Jul 9, 2021 |
| Credit of Shares to Demat | Fri, Jul 9, 2021 |
| Tentative Listing Date | Tue, Jul 13, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Jul 5, 2021 |
Investors can bid for a minimum of 2,000 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 | 2,000 | ₹1,10,000 |
| Retail (Max) | 1 | 2,000 | ₹1,10,000 |
| HNI (Min) | 2 | 4,000 | ₹2,20,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2009, Walpar Nutritions manufactures different types of Nutraceutical, Ayurvedic, Cosmeceuticals, Sexual Wellness, and food supplement products. It has developed 100+ formulations and 1000 brands under different segments i.e. Orthopaedics, Cardiac, Diabetic, Dermatology, Pain Management, Antibiotics, Gynaecology, Neuro, Gastro-Intestinal, and sports nutrition. It further manufactures tablets, capsules, Ointments, creams, lotions, gels and sachet, powders, liquid orals, etc.
The company has a manufacturing facility in Gandhinagar with an installed manufacturing capacity of 23 lakhs tablet/month, 12.50 lakhs capsules/month, 1.50 lakhs oral liquids/month, and 2 lakhs sachets/month.
Competitive strengths
| Particulars | For the year/period ended (₹ in lakhs) | ||||
|---|---|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |||
| Total Assets | 1,317.41 | 918.09 | 390.37 | ||
| Total Revenue | 1,671.27 | 1,282.27 | 644.53 | ||
| Profit After Tax | 12.18 | 6.88 | 0.33 | ||
The Company Walpar Nutritions 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 | Investment in Subsidiary | 1.80 |
| 2 | To Meet Incremental Working Capital Requirements | 2.90 |
| 3 | General Corporate Purpose | 1.50 |
| 4 | Public Issue expenses | 0.40 |
[Dilip Davda] The financial data of this company is not that elusive. Based on all parameters, it is priced exorbitantly. There is no harm in giving this issue a "MISS". Read detail review...
| Listing Date | July 13, 2021 |
| BSE Script Code | |
| NSE Symbol | WALPAR |
| ISIN | INE0G2G01015 |
| Final Issue Price | ₹55 per share |
| BSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹59.95 |
| Low | ₹57.00 |
| High | ₹62.85 |
| Last Trade | ₹57.00 |
Walpar Nutritions Ltd.
2nd Floor,
L5:377 PLOT:5, Opp. Sabarmati,
Village: Khatraj, Taluka kalol,
Gandhinagar, Gujarat, 382721
Phone: +91 94277 12047
Email: finance.walpar@hotmail.com
Website: http://www.walparnutritions.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Walpar Nutritions IPO is a SME IPO of 12,00,000 equity shares of the face value of ₹10 aggregating up to ₹6.60 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The IPO opens on June 30, 2021, and closes on July 5, 2021.
Skyline Financial 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 Walpar Nutritions IPO using UPI as a payment gateway. Zerodha customers can apply in Walpar Nutritions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Walpar Nutritions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Walpar Nutritions IPO opens on June 30, 2021 and closes on July 5, 2021.
Walpar Nutritions IPO lot size is 2000, and the minimum amount required for application is ₹1,10,000.
You can apply in Walpar Nutritions 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 Walpar Nutritions IPO will be done on Thursday, July 8, 2021, and the allotted shares will be credited to your demat account by Friday, July 9, 2021. Check the Walpar Nutritions IPO allotment status.
The Walpar Nutritions IPO listing date is on Tuesday, July 13, 2021.
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