Issue Price
₹46
Per Share
GMP
NIL
Grey Market
Est. Listing
₹46
Expected Price
Min. Application
₹276,000
2 lots × 3000 shares
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 Strengths1. Focus on product development and formulations2. Develop products as per consumer preferences3. Long Shelf Life of products4. In-house R&D team
Valencia Nutrition Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 84,000 | — | ₹0.39 Cr | — |
| TOTAL | 1,572,000 | 100.00% | ₹7.23 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹138,000 |
| Retail (Max) | 13 | 39,000 | ₹1,794,000 |
| sNII (Min) | 14 | 42,000 | ₹1,932,000 |
| bNII (Min) | 68 | 204,000 | ₹9,384,000 |
| Particulars | 30-June-19 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue from Operations | 93.31 | 149.47 | 42.55 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 92.16 | 214.14 | 115.97 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 239.87 | 141.25 | 161.37 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |