Innova Captab IPO Date, Review, Price, Allotment Details

Innova Captab IPO Details: Innova Captab IPO date is fixed, the IPO is to hit the market on December 21 and will close on December 26. Innova Captab IPO to raise around ₹570 crores via IPO that comprises fresh issue of ₹320 crores and offer for sale up to 5,580,357 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Innova Captab IPO

Table of Contents

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

IPO Open:December 21, 2023
IPO Close:December 26, 2023
IPO Size:Approx ₹570 Crores
Fresh Issue:Approx ₹320 Crores
Offer for Sale:Approx 5,580,357 shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹426 to ₹448 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

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.

ApplicationLot SizeSharesAmount
Retail Minimum133₹14,784
Retail Maximum13429₹192,192
S-HNI Minimum14462₹206,976
B-HNI Minimum682,244₹1,005,312

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.

Anchor Investors Allotment:December 20, 2023
IPO Open Date:December 21, 2023
IPO Close Date:December 26, 2023
Basis of Allotment:December 27, 2023
Refunds:December 28, 2023
Credit to Demat Account:December 28, 2023
IPO Listing Date:December 29, 2023

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

  ₹ in Crores
YearRevenueExpensePAT
2022₹412₹366₹34.50
2023₹803₹718₹63.95
2023₹936₹844₹67.95
2024 3M₹234₹210₹17.59

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.

Earning Per Share (EPS):₹14.16 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):24.58%
Net Asset Value (NAV):₹57.60 per Equity Share

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

What is Innova Captab IPO?

Innova Captab IPO is a main-board IPO. They are going to raise ₹570 Crores via IPO. The issue is priced at ₹426 to ₹448 pr equity share. The IPO is to be listed on BSE & NSE.

When Innova Captab IPO will open?

The IPO is to open on December 21, 2023 for QIB, NII, and Retail Investors.

What is Innova Captab IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Innova Captab IPO?

You can apply for Innova Captab IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Innova Captab IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Innova Captab”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Innova Captab IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Innova Captab”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Innova Captab IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Innova Captab”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Innova Captab IPO Size?

Innova Captab IPO size is ₹570 crores.

What is Innova Captab IPO Price Band?

Innova Captab IPO Price Band is ₹426 to ₹448.

What is the Innova Captab IPO Allotment Date?

Innova Captab IPO allotment date is December 27, 2023.

What is the Innova Captab IPO Listing Date?

Innova Captab IPO listing date is December 29, 2023. The IPO is to list on BSE and NSE.

Note: The Innova Captab IPO price band and date not officially announced. The IPO grey market premium (Innova Captab IPO Premium) will be added to the IPO grey market page as it will start).

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