Fixed Price IPO | ₹7 Cr | Listed at NSE SME | Wed, Jun 30, 2021 - Mon, Jul 5, 2021
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Wed, Jun 30, 2021
IPO Close
Mon, Jul 5, 2021
Issue Price
₹55 per share
Market Cap (Pre-IPO)
₹24.98 Cr
| IPO Date | 30 Jun to 5 Jul, 2021 |
| Listed on | Tue, Jul 13, 2021 |
| Face Value | ₹10 per share |
| Issue Price | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 12,00,000 shares (agg. up to ₹7 Cr) |
| Reserved for Market Maker | 60,000 shares Nikunj Stock Brokers Ltd. (agg. up to ₹0.3300 Cr) |
| Fresh Issue (Ex Market Maker) | 11,40,000 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 11,40,000 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 33,41,220 shares |
| Share Holding Post Issue | 45,41,220 shares |
| NSE Symbol | WALPAR |
| ISIN | INE0G2G01015 |
Walpar Nutritions IPO comprises a total issue size of 12,00,000 shares. The net offer to the public is 11,40,000 shares, after excluding 60,000 shares allotted on a firm basis. Of the Net offer 5,70,000 (50.00%) allocated to NII 5,70,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,70,000 | 50.00% | 47.50% |
| Retail Shares Offered | 5,70,000 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 60,000 | 5.00% | |
| Total Shares Offered | 12,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| 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 |
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
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
The Walpar Nutritions IPO is subscribed 9.48 times on July 5, 2021 5:00:00 PM (Day 4). The public issue subscribed 17.94 times in the retail category, [.] times in the QIB category, and 1.01 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.01 | 5,70,000 | 5,74,000 |
| Retail | 17.94 | 5,70,000 | 1,02,28,000 |
| Total | 9.48 | 11,40,000 | 1,08,02,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees including Underwriting Commission | 0.26 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.02 |
| 4 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.04 |
| 5 | Fees payable to Peer Review Auditor | 0.01 |
| 6 | Fees Payable to Market Maker (for Two Years) | 0.06 |
| 7 | Escrow Bank Fees | 0.01 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹59.95 |
| Low | ₹57.00 |
| High | ₹62.85 |
| Last Trade | ₹57.00 |
Lead Manager Reports
Walpar Nutritions IPO is a SME IPO of 12,00,000 equity shares of the face value of ₹10 aggregating up to ₹7 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The IPO opens on Wed, Jun 30, 2021, and closes on Mon, Jul 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 Wed, Jun 30, 2021 and closes on Mon, Jul 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 Fri, Jul 9, 2021. Check the Walpar Nutritions IPO allotment status.
The Walpar Nutritions IPO listing date is on Tue, Jul 13, 2021.
