IPO Issue Details
Issue Price / Price Band₹55 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size12,00,000 shares (aggregating up to ₹6.60 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 30 Jun 2021
Subscription CloseMon, 05 Jul 2021
Anchor AllotmentTue, 29 Jun 2021
Basis of AllotmentThu, 08 Jul 2021
Initiation of RefundsFri, 09 Jul 2021
Credit of Shares to DematFri, 09 Jul 2021
Listing DateTue, 13 Jul 2021
UPI Mandate Deadline2021-07-05
Application & Investment Details
Retail — Min (1 Lots)₹1,10,000 — 2,000 shares
Retail — Max (13 Lots)₹1,430,000 (13 Lots)
HNI — Min (2 Lots)₹2,20,000 — 4,000 shares
Net Offer to Public11,40,000 shares (aggregating up to ₹6.27 Cr)
Reserved for Market Maker60,000 shares (aggregating up to ₹0.3300 Cr)
Pre-IPO Promoter Holding33,41,220 shares
Post-IPO Promoter Holding45,41,220 shares
About Walpar Nutritions Ltd.
Incorporated in 2009, Walpar Nutritions manufactures different types of Nutraceutical, Ayurvedic, Cosmeceuticals, Sexual Wellness, and food supplement products. It has developed 100+ formulations and 1000 brands under different segments i.e. Orthopaedics, Cardiac, Diabetic, Dermatology, Pain Management, Antibiotics, Gynaecology, Neuro, Gastro-Intestinal, and sports nutrition. It further manufactures tablets, capsules, Ointments, creams, lotions, gels and sachet, powders, liquid orals, etc.The company has a manufacturing facility in Gandhinagar with an installed manufacturing capacity of 23 lakhs tablet/month, 12.50 lakhs capsules/month, 1.50 lakhs oral liquids/month, and 2 lakhs sachets/month.Competitive strengthsLarge product portfolio with 70+ products.Strong product manufacturing and development capabilities.Best quality products, certified by FSSAI and AYUSH department.
Objects of the Issue
Walpar Nutritions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Investment in Subsidiary
1.80
2
2 To Meet Incremental Working Capital Requirements
2.90
3
3 General Corporate Purpose
1.50
4
4 Public Issue expenses
0.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
33,41,220 shares
Post-IPO Promoter Holding
45,41,220 shares