Valencia Nutrition Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 744,000 (47%) | — | ₹342 Cr |
| Retail | — | 744,000 (47%) | — | ₹342 Cr |
| Market Maker | — | 84,000 (5%) | — | ₹4 Cr |
| Σ Total | — | 1,572,000 (100%) | — | ₹7,231 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹138,000 |
| Retail (Max) | 13 | 39,000 | ₹1,794,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,932,000 |
| B-HNI (Min) | 67 | 201,000 | ₹9,246,000 |
Financial Statements Amount in Lakhs
| Metric | 30-June-19 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 93 | 149 | 43 |
| Profit After Tax | 92 | 214 | 116 |
| Total Assets | 240 | 141 | 161 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Construction of New Corporate Office and Research Development & Pre Mix Laboratory Building called “Valencia House” at Anjanapura, Bengaluru – 2.00
- 2 Purchase of Key Lab Equipments for expanding R&D facilities – 0.52
- 3 Sales, Marketing and Distribution Expenses for increasing our brand value and improved geographical reach – 1.85
- 4 General Corporate Purposes – 0.90
Company Overview
Incorporated in 2013, Bangalore based Valencia Nutrition Limited is an applied biotechnology startup. Valencia Nutrition Limited is engaged in developing, researching, marketing and quality control activities of high-quality nutraceutical products (multi-nutrient functional beverages which are used to prevent lifecycle related diseases). The company works under two brand names which are Bounce Superdrinks & VitaMe Enriched Beverage.
Under Bounce Superdrinks, Valencia sells out low-calorie hydration drink range including Vitalize, Sports, Glucose, Gluco Fizz, Lemon Fizz, and Jeera Fizz products. VitaMe brand consists of multi-nutrient drinks which are Watermelon Prebiotic, Guava Electrolite, Lemon - Lime Antioxidant Burst and Litchi- Mint Unwind. Valencia has an in-house research and development team to create formulations and add new products by testing and developing at final saleable forms. The company outsources the manufacturing, packaging, bottling and transportation work.
Competitive Strengths
1. Focus on product development and formulations
2. Develop products as per consumer preferences
3. Long Shelf Life of products
4. In-house R&D team