Innova Captab IPO GMP, Price, Date, Allotment

Innova Captab IPO GMP

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.

Innova Captab IPO

Promoters of Innova Captab – Manoj Kumar Lohariwala, and Vinay Kumar Lohariwala

Innova Captab IPO Details

Innova Captab IPO Dates21 – 26 December 2023
Innova Captab IPO PriceINR 426 – 448 per share
Fresh issue7,142,857 shares (INR 304.29 – 320 crore)
Offer For Sale5,580,357 shares (INR 237.72 – 250 crore)
Total IPO size12,723,214 shares (INR 542.01 – 570 crore)
Minimum bid (lot size)33 shares (INR 14,784)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE, NSE

Innova Captab Financial Performance

 FY 2021FY 2022 FY 2023 Q1 FY 2024
Net income34.5063.9567.9517.59
Margin (%)8.407.997.347.54
Figures in INR Crores unless specified otherwise

Innova Captab Offer News

Innova Captab Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio30.08 – 31.64
RONW (%)23.8330.6624.58
ROCE (%)26.5423.4622.61
EBITDA (%)13.6012.3513.26
*Compiled by IPO Central from Prospectus

Innova Captab IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
28 December 2023702,300
27 December 20231203,100
26 December 20231303,100
23 December 20231002,700
22 December 20231003,000
21 December 20231505,000
20 December 20232105,200
19 December 20232105,200
18 December 20232005,100

Innova Captab IPO Subscription – Live Updates

Shares Offered25,31,96219,63,81545,82,23390,78,010
26 Dec 2023116.7364.9517.1555.26
22 Dec 20231.093.405.363.75
21 Dec 20230.440.962.131.41

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 Date21 December 2023
Innova Captab IPO Closing Date26 December 2023
Finalization of Basis of Allotment27 December 2023
Initiation of refunds28 December 2023
Transfer of shares to demat accounts28 December 2023
Innova Captab IPO Listing Date29 December 2023
Opening Price on NSEINR 452.10 per share (up 0.92%)
Closing Price on NSEINR 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
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital – Subscribe
Hem Securities –
InvestmentZ – Subscribe
ICICIdirect –
Jainam Broking
KR Choksey – Subscribe
LKP Research –
Marwadi Financial – Subscribe
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 Venture House, Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025, Maharashtra
Phone: +91 22 6807 7100
Email[email protected]

Innova Captab Offer Registrar

Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]

Innova Captab Contact Details

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]

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.


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