Innova Captab Ltd. IPO

Innova Captab Limited, a pharmaceutical powerhouse in India, weaves together research, manufacturing, and market reach across domestic and international landscapes. They cater to diverse needs through their three core strengths: a top-ranking CDMO service for Indian pharma companies, a growing portfolio of branded generics marketed in India, and an expanding international presence with exports to 20 countries. Fueled by a strong R&D engine and state-of-the-art facilities, Innova Captab is poised for continued growth, forging a path towards a healthier future for patients worldwide.

RHP
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DRHP
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Open Date

2023-12-21

Close Date

2023-12-26

IPO Details

Check out the issue details for Innova Captab Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 448

Price Band

₹ 426 - 448

Issue Size

570 Cr.

Issue Type

Book Built

Open

2023-12-21

Close

2023-12-26

Listingprice

₹ 452.1

ListingGain

0.92%

Listing Date

2023-12-29

CMP

₹ 468.4

Current Return

4.55%

Company Financials

You can get the following financial statements of Innova Captab Ltd. as of now.

Subscription Details

The details about the Innova Captab Limited IPO is as:

  • The issue size of the IPO is 570 Cr.
  • The price band for Innova Captab Limited IPO is Rs 426 to Rs 448.
  • The shares of Innova Captab Limited IPO will list on 29th December 2023.
  • The latest tentative GMP of Innova Captab Limited IPO is Rs 110.
  • The shares of Innova Captab Limited IPO is subscribed 55.26 Times as of 26th December 2023. 

 

Innova Captab Limited IPO Valuation

The approx valuation of Innova Captab Limited IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 448
Existing Shares (Qty) 5.00 Cr
Fresh Issue 320 Cr
Market Cap 2560 Cr
EPS (FY23) Rs 14.16
PE Ratio 31.63x
Industry PE 32.17x

 

Innova Captab Limited IPO Issue Size

Innova Captab Limited IPO issue size is 570 Cr

Issue Amount
Fresh Issue 320 Cr
Offer For Sale 250 Cr

 

Innova Captab Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of 33 shares and a maximum of 13 lots of 429 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 33 14,784
 Maximum 13 429 1,92,192

 

Innova Captab Limited IPO share offer

The shares of Innova Captab Limited IPO is subscribed 55.26 Times as of 26th December 2023. The category-wise shares offered are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 116.73 Times
Non-Institutional Minimum 15% 64.95 Times
Retail Individual Minimum 35% 17.15 Times
Total   55.26 Times

Allotment Details

Find below the dates for Innova Captab Limited IPO:

Schedule Date
Basis of Allotment 27 December 2023
Refunds 27 December 2023
Credit to Demat Account 27 December 2023
IPO Listing Date 29 December 2023

 

Innova Captab Limited IPO allotment is released. Check by clicking on the button below.

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Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 356.78 373.32 410.66 785.46 858.67
Total Expenditure 317.11 322.39 356.18 686.95 760.14
Operating Profit 39.68 50.93 54.49 98.51 98.53
Other Income 0.43 1.3 1.37 2.86 8.73
Interest 5.41 4.63 3.93 5.33 18.3
Depreciation 10.67 10.08 5.59 7.4 10.66
Exceptional Items 0 0 0 0 0
Profit Before Tax 24.03 37.53 46.34 88.63 78.31
Provision for Tax 4.85 9.64 11.84 22.46 20.76
Net Profit 19.18 27.87 34.42 66.01 57.49
Adjusted EPS (Rs.) 0.4 0.58 0.72 1.38 1.2

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 12 12 12 12 48
Total Reserves 70.05 98.35 132.82 198.83 220.32
Borrowings 39.48 11.61 6 67.35 134.18
Other N/C liabilities 2.51 2.81 3.64 16.74 57.31
Current liabilities 103.52 129.36 215.15 261.56 259.32
Total Liabilities 227.56 254.13 369.62 556.49 719.13
Assets
Net Block 78.5 73.16 79.14 161.21 161.37
Capital WIP 0 0 7.26 0.03 21.54
Intangible WIP 0 0 0 0 0
Investments 0 0 0 60 60
Loans & Advances 0.34 0.85 12.75 21.69 97.58
Other N/C Assets 0 0 0 0.28 0.26
Current Assets 148.72 180.13 270.46 313.28 378.38
Total Assets 227.56 254.13 369.62 556.49 719.13
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023
Other Income 2.11 1.77
Profit Before Tax 20.38 25.51
Tax 5.91 6.86
Profit After Tax 14.47 18.65
Adjusted EPS (Rs) 3.02 3.26

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 50.9 0
Dec 2023 50.9 0
Sep 2023 50.9 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 24.03 37.53 46.34 88.63 78.31
Adjustment 16.06 14.46 9.59 12.41 23.14
Changes in Assets & Liabilities -17.48 -11.99 -1.14 -21.87 -43.26
Tax Paid -3.75 -9.2 -13.23 -20.84 -18.91
Operating Cash Flow 18.86 30.8 41.56 58.34 39.28
Investing Cash Flow -8.98 -6.04 -19.67 -188.33 -87.53
Financing Cash Flow -9.88 -23.28 -19.34 125.3 51.29
Net Cash Flow -0.01 1.48 2.56 -4.69 3.03
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