Innova Captab IPO Description – Innova Captab stands as a comprehensive pharmaceutical firm based in India, spanning the entire spectrum of the pharmaceutical value chain. This includes engagement in research and development, the manufacturing process, distribution, as well as marketing and exports of pharmaceutical products.
The company 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.
In the period concluding on 31 December 2021, Innova Captab boasted 164 CDMO customers. The company produces a wide-ranging portfolio of over 400 generic products, which are marketed under its proprietary brands within the Indian market. This is facilitated through an extensive network comprising around 3,400 distributors and stockists, along with an impressive presence in over 96,000 retail pharmacies. Innova Captab exported its branded generic products to 17 countries. As of 30 April 2022, the company has a dedicated team of 20 scientists and engineers operating at its research and development laboratory.
Innova Captab markets its domestic branded generic products through an extensive network of distributors, stockists, and pharmacies covering the entire Indian subcontinent. Additionally, these generic drug products are accessible online through various e-commerce pharmacy platforms. The sales of CDMO products have experienced remarkable growth, surging by 97.90% from 954 in Fiscal 2019 to 1,888 in the nine months concluding on 31 December 2021, on a restated consolidated basis.
Promoters of Innova Captab – Manoj Kumar Lohariwala, and Vinay Kumar Lohariwala
Innova Captab IPO Details
| Innova Captab IPO Dates | 21 – 26 December 2023 |
| Innova Captab IPO Price | INR 426 – 448 per share |
| Fresh issue | 7,142,857 shares (INR 304.29 – 320 crore) |
| Offer For Sale | 5,580,357 shares (INR 237.72 – 250 crore) |
| Total IPO size | 12,723,214 shares (INR 542.01 – 570 crore) |
| Minimum bid (lot size) | 33 shares (INR 14,784) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Innova Captab Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 |
| Revenue | 410.66 | 800.53 | 926.38 | 233.24 |
| Expenses | 365.69 | 717.69 | 843.78 | 209.77 |
| Net income | 34.50 | 63.95 | 67.95 | 17.59 |
| Margin (%) | 8.40 | 7.99 | 7.34 | 7.54 |
Innova Captab Offer News
- Innova Captab RHP
- Innova Captab DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Subscription Status
Innova Captab Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 7.19 | 13.32 | 14.16 |
| PE ratio | – | – | 30.08 – 31.64 |
| RONW (%) | 23.83 | 30.66 | 24.58 |
| NAV | 30.16 | 43.45 | 57.60 |
| ROCE (%) | 26.54 | 23.46 | 22.61 |
| EBITDA (%) | 13.60 | 12.35 | 13.26 |
| Debt/Equity | 0.31 | 0.95 | 0.85 |
Innova Captab IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 28 December 2023 | 70 | – | 2,300 |
| 27 December 2023 | 120 | – | 3,100 |
| 26 December 2023 | 130 | – | 3,100 |
| 23 December 2023 | 100 | – | 2,700 |
| 22 December 2023 | 100 | – | 3,000 |
| 21 December 2023 | 150 | – | 5,000 |
| 20 December 2023 | 210 | – | 5,200 |
| 19 December 2023 | 210 | – | 5,200 |
| 18 December 2023 | 200 | – | 5,100 |
Innova Captab IPO Subscription – Live Updates
| QIB | NII | Retail | Total | |
| Shares Offered | 25,31,962 | 19,63,815 | 45,82,233 | 90,78,010 |
| 26 Dec 2023 | 116.73 | 64.95 | 17.15 | 55.26 |
| 22 Dec 2023 | 1.09 | 3.40 | 5.36 | 3.75 |
| 21 Dec 2023 | 0.44 | 0.96 | 2.13 | 1.41 |
Innova Captab IPO Allotment Status
Innova Captab IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Innova Captab IPO Dates & Listing Performance
| Innova Captab IPO Opening Date | 21 December 2023 |
| Innova Captab IPO Closing Date | 26 December 2023 |
| Finalization of Basis of Allotment | 27 December 2023 |
| Initiation of refunds | 28 December 2023 |
| Transfer of shares to demat accounts | 28 December 2023 |
| Innova Captab IPO Listing Date | 29 December 2023 |
| Opening Price on NSE | INR 452.10 per share (up 0.92%) |
| Closing Price on NSE | INR 541.40 per share (up 20.85%) |
Innova Captab IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Ajcon Global – Subscribe for listing gains
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Axis Capital – Not Rated
Asit C Mehta –
BP Wealth – Subscribe
Canara Bank Securities – Subscribe
Choice Broking – Subscribe
Capital Market – Neutral
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GCL Broking –
Geojit –
GEPL Capital – Subscribe
Hem Securities –
InvestmentZ – Subscribe
ICICIdirect –
Jainam Broking –
KR Choksey – Subscribe
LKP Research –
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Motilal Oswal –
Nirmal Bang –
Reliance Securities – Subscribe
Religare Broking –
SBICAP Securities – Subscribe for long term horizon
Samco Securities – Subscribe for listing gains
SMC Global – 2/5
Systematix Research – Not Rated
Swastika Investmart – Subscribe
Ventura Securities – Subscribe
Innova Captab Offer Lead Manager
ICICI SECURITIES LIMITED
ICICI Venture House, Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025, Maharashtra
Phone: +91 22 6807 7100
Email:Â [email protected]
Website:Â www.icicisecurities.com
Innova Captab Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Innova Captab Contact Details
INNOVA CAPTAB LIMITED
Office No. 606, Ratan Galaxie – 6th Floor,
Plot No. 1, J. N. Road, Mulund (W),
Mumbai, Maharashtra 400 080
Phone:Â 91 22 2564 2095
Email:Â [email protected]
Website: www.innovacaptab.com
Innova Captab IPO FAQs
How many shares in Innova Captab IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Innova Captab Public Offer?
The best way to apply in Innova Captab public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Innova Captab IPO GMP today?
Innova Captab IPO GMP today is INR 70 per share.
What is Innova Captab kostak rate today?
Innova Captab kostak rate today is INR NA per application.
What is Innova Captab Subject to Sauda rate today?
Innova Captab Subject to Sauda rate today is INR 2,300 per application.
