Innova Captab IPO Date, Review, Price, Allotment Details

Innova Captab is an integrated pharmaceutical company in India with a presence across the pharmaceuticals value chain including research and development, manufacturing, drug distribution, and marketing and exports. Their business includes (i) a contract development and manufacturing organization (“CDMO”) business providing manufacturing services to Indian pharmaceutical companies, (ii) a domestic branded generics business, and (iii) an international branded generics business.

Innova Captab manufactures products across some of the key therapeutic areas identified by CRISIL Research, including cephalosporins, proton pump inhibitors, anticholinergic and heparin NSAIDs, analgesics and antipyretic, anticold and antiallergic, antiemetic, antidiabetic, antispasmodic, antifibrinolytic, cardiovascular, antioxidant and vitamins, anti hyperuricemia and antigout, fluroquinolone and macrolide, nootropics and neurotronic/neurotrophic, antiulcerative, antimalarial anxiolytic, anticonvulsant and antipsychotic, bladder and prostate disorders, antifungal, anthelmintic and antiviral anticholinergic and anti-asthmatic and bronchodilator and erectile dysfunction. (Source: CRISIL Report, October 2023).

In Fiscal 2022, among Indian formulation CDMO players considered in the CRISIL Report, They recorded the third highest operating revenue, the second highest operating profit margin, the third highest net profit margin, and the second highest return on capital employed. (Source: CRISIL Report, October 2023). They manufactured a diverse generics product portfolio of over 600 products and market them under their brands in the Indian market through a developed network of approximately 5,000 distributors and stockists and over 150,000 retail pharmacies. In addition, during Fiscal 2023 and the three months ended June 30, 2023, the company exported branded generic products to 20 and 16 countries, respectively.

The company has a dedicated R&D laboratory and pilot equipment located at its manufacturing facility in Baddi, Himachal Pradesh, which is recognized by the Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India (“DSIR”). In addition, They are looking to establish a new R&D center in Panchkula, Haryana. Their manufacturing is undertaken at our two manufacturing facilities in Baddi, Himachal Pradesh along with a new facility they are planning in Jammu. The facilities have good manufacturing practices (“GMP”) certifications from the Health and Family Welfare Department, Himachal Pradesh, in conformity with the format recommended by the World Health Organization (“WHO”), and the certificate of GMP compliance from Food, Medicine and Health Care Administration and Control Authority, Ethiopia.

Objects of the Issue

• Repayment and/or prepayment in part or in full, of certain outstanding loans of our Company;
• Investment in our Subsidiary, UML, for repayment and/or prepayment in part or full of outstanding
• loans availed by UML;
• Funding our working capital requirements; and
• General corporate purposes

Innova Captab IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• Ajcon Global Services: Apply
• wastika Investmart: Apply

Innova Captab IPO Date & Price Band Details

Innova Captab IPO Market Lot

The Innova Captab IPO minimum market lot is 33 shares with ₹14,784 application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

Innova Captab IPO Allotment & Listing Dates

The Innova Captab IPO date is December 21 and the close date is December 26. The Innova Captab IPO allotment will be finalized on December 27 and the IPO listing on December 29.

You can check IPO subscription status and IPO allotment status on their respective pages.

Innova Captab IPO Form

How to apply for the Innova Captab IPO? You can apply for Innova Captab IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Innova Captab IPO in the Invest section. The other option is you can apply for Innova Captab IPO via IPO forms downloaded via NSE and BSE. Check out the Innova Captab forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Innova Captab Company Financial Report

Innova Captab IPO Valuation – FY2023

Check Innova Captab IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Torrent Pharmaceuticals Limited
• Laurus Labs Limited
• Ajanta Pharma Limited
• J. B. Chemicals and Pharmaceuticals Limited
• NATCO Pharma Limited
• Eris Lifesciences Limited
• Indoco Remedies Limited
• Suven Pharmaceuticals Limited
• Windlas Biotech Limited

Company Promoters

• Manoj Kumar Lohariwala
• Vinay Kumar Lohariwala

Innova Captab IPO Registrar

KFIN Technologies Limited
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

Innova Captab IPO Allotment Status Check

Check Innova Captab IPO allotment status on KFintech website allotment URL. Click Here

Innova Captab IPO Lead Managers aka Merchant Bankers

• ICICI Securities Limited
• JM Financial Limited

Company Address

Innova Captab Limited
Office No. 606, Ratan Galaxie – 6th Floor,
Plot No. 1, J. N. Road, Mulund (W),
Mumbai, Maharashtra 400 080
Phone: 91 22 2564 2095
Email: [email protected]
Website: www.innovacaptab.com

Innova Captab IPO FAQs