Vilin Bio Med IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Jun 21, 2023oLet’s have a detailed review of the company and analytics of the Vilin Bio Med IPO release date, IPO offer price, subscription, Vilin Bio Med Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 30 |
| Listing At | NSE, SME |
| Min. Order Quantity | 4000 Shares |
| Listing Date | 30 June 2023 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 1,200 Lakh |
| IPO Size | Rs 1,200 Lakh |
| Tick Size | 1 |
Vilin Bio Med IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Vilin Bio Med Share Price |
Vilin Bio Med IPO – Summary
Their Company is engaged in the domestic business of manufacturing Pharmaceuticals products and the Manufacturing Unit is located in Roorkee, in the State of Uttarakhand. In order to maintain its competitiveness and to further the cause of Healthcare, the Company has laid an R&D Foundation and state-of-the-art Manufacturing Facility in Roorkee.
Their Sales Strategy is to sell their products in bulk to Pharmaceuticals Manufacturers, Marketers and Traders, who in turn provide the channel for sales to customers.
The Promoter of this company is VISWA PRASAD SADHANALA, SADHANALA VENKATA RAO, D. SRINIVASA REDDY AND RAMESH REDDY SAMA. The lead manager of the issue is INVENTURE MERCHANT BANKER SERVICES PRIVATE LIMITED, and the Registrar of this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Vilin Bio Med IPO Date
The opening and closing dates of Vilin Bio Med IPO are 16 June 2023 and 21 June 2023 respectively.
Vilin Bio Med IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 16th Jun | 0.01x | 0.58x | 0.24x |
| 2nd Day – 19th Jun | 0.05x | 1.30x | 0.62x |
| 3rd Day – 20th Jun | 0.02x | 2.38x | 1.20x |
| 4th Day – 21st Jun | 1.28x | 4.31x | 2.80x |
| Shares Offered or Net Issue | 1,896,000 | 1,896,000 | 4,000,000 |
The shares subscribed by the public will be updated here.
Vilin Bio Med IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares are pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Vilin Bio Med Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | 26 June 2023 |
| Refunds Initiation | 27 June 2023 |
| Credit of Shares to Demat Account | 29 June 2023 |
| Share Listing Date | 30 June 2023 |
Vilin Bio Med IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.30
Vilin Bio Med IPO Equity Size
This Initial Public Issue of 4,000,000 Equity Shares of Rs.10 each for cash at a price of Rs.30 per equity share aggregating to Rs.1,200 Lakh.
Vilin Bio Med IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 4,000,000 Equity Shares of Rs.10/ each.
Issue Size: 4,000,000 Equity Shares of Rs.10 each, aggregating to Rs.1,200 Lakh
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Vilin Bio Med IPO – Live Performance
The listing date of this IPO is 30 June 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Vilin Bio Med Share Price |
Vilin Bio Med IPO Grey Market Premium
The Vilin Bio Med Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Vilin Bio Med IPO – Company Overview
They believe in quality manufacturing and aim to deliver qualitative products to the satisfaction of customers. They have an in-house testing laboratory in the manufacturing unit itself, to test their products.
Their finished product passes quality checks to ensure compliance with applicable domestic as well as international quality standards. Their in-house testing laboratory regulates and monitors the quality of the products as per the requirements of the customers as well.
Also, Their Company is a Customer satisfaction-oriented Company and strives to maintain good relationships with the customers. They continuously strive to increase sales in the existing states and customers.
However, they aim to widen their distribution network to enhance their geographical presence and consequently their customer base.
Vilin Bio Med IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 31-Dec-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets | 1,687.11 | 1,355.83 | 1,389.14 | 1,400.60 |
| *Total Revenue | 903.43 | 1,121.91 | 1,171.88 | 1,682.41 |
| Total Expense | 728.98 | 1,117.44 | 1,155.77 | 1,663.03 |
| Profit After Tax | 128.08 | 3.35 | 12.13 | 16.22 |
Earnings per Equity Share (in Lakh)
| 31-Dec-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted | 1.55 | 0.04 | 0.15 | 0.20 |
Further, their PAT for the period ended on Dec 31, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 128.08 Lakh, Rs. 3.35 Lakh, Rs. 12.13 Lakh and Rs. 16.22 Lakh respectively.
Vilin Bio Med IPO – Promoters
The Promoter of this company is:
- VISWA PRASAD SADHANALA,
- SADHANALA VENKATA RAO,
- D. SRINIVASA REDDY
- RAMESH REDDY SAMA
List of Related Parties (Key Managerial Personnel)
- Veerareddy Vallapureddy, Non-Executive Chairman and Independent Director
- Viswa Prasad Sadhanala, Managing Director
- Anuj Bajpai, Executive Director
- Padmaja Kalyani Sadhanala, Non-Executive Director
- Rakesh Kumar Chandak, Non-Executive and Independent Director
Vilin Bio Med IPO – Promoters Holding
- Pre-Issue Share Holding – 91.45%
- Post-Issue Share Holding – 64.52%
Vilin Bio Med IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 40,00,000 Equity Shares aggregating up to Rs.1,200.00 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 2,08,000 Equity Shares aggregating up to Rs.62.40 Lakh |
| Net Issue to the Public | Up to 37,92,000 Equity Shares aggregating up to Rs.1,137.60 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 18,96,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 18,96,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 99,50,000 Equity Shares |
| Equity Shares outstanding after the Issue | 1,39,50,000 Equity Shares |
Vilin Bio Med IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- Augmenting additional working capital requirements
- General Corporate Purposes
Vilin Bio Med IPO – Business Strategy
- Improve Production Capacity
- Continue to focus on Operational Efficiency
- Enhancing Customer Base
Vilin Bio Med IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Experienced Management and Dedicated Employee Base
- Quality Assurance
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 | 0.04 | 0.45 | `8.96 |
| 31-Mar-21 | 0.15 | 1.65 | – |
| Mar-20 | 0.20 | 2.24 | – |
Vilin Bio Med IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Vilin Bio Med Limited | 10 | 294.82 | 0.04 | 0.45 | 8.96 |
| Listed Peers | |||||
| JFL Life Sciences Limited | 10 | 10.82 | 3.77 | 25.20 | 42.66 |
| Vaishali Pharma Limited | 10 | 33.77 | 3.82 | 15.27 | 24.99 |
| Anuh Pharma Limited | 5 | 14.70 | 6.10 | 14.30 | 6.10 |
Vilin Bio Med IPO Lead Managers
| Lead Managers |
| INVENTURE MERCHANT BANKER SERVICES PRIVATE LIMITED 2nd Floor, Viraj Tower, Nr. Andheri Flyover (North End), Western Express Highway, Andheri (East) Mumbai – 400 069, Maharashtra Tel No: +91 22 4075 1500 Fax No: +91 22 4075 1511 Email: compliance@inventuremerchantbanker.com Investor Grievance Email: redressal@inventuremerchantbanker.com Website: www.inventuremerchantbanker.com SEBI Registration No: INM000012003 Contact Person: Arvind Gal |
Vilin Bio Med IPO Registrar to offer
| Registrar to the Offer |
| Bigshare Services Private Limited Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400 093, Maharashtra, India Telephone: +91 22 6263 8200 Email: ipo@bigshareonline.com Investor grievance email: investor@bigshareonline.com Website: www.bigshareonline.com Contact Person: Babu Rapheal SEBI Registration No.: INR000001385 |
Vilin Bio Med IPO – Other Details
- Statutory Auditor – M/s. PPKG & Co., Chartered Accountants
- Legal Counsel to the Company – DRC Legal & Associates
- Bankers to the Company – Punjab National Bank
Vilin Bio Med IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Vilin Bio Med Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Vilin Bio Med IPO Review FAQs
Check out various FAQs related to Vilin Bio Med IPO:
What is the Issue Size of Vilin Bio IPO?
The Company is making an initial public offer of 4,000,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Vilin Bio Med IPO?
The price band for this particular IPO ranges between Rs 30. As far as the face value of the share is of concern, it is Rs. 10 per share.
What is the Vilin Bio IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on 16 June 2023, while the closing date is set for 21 June 2023.
What is the Vilin Bio IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on 26 June 2023, refund initiation is on 27 June 2023, credit of shares is on 29 June 2023, and share listing date is on 30 June 2023.
What is the Vilin Bio IPO Listing Date?
Shares of this company shall be listed in the exchanges on 30 June 2023. The date, when the listing would be done, is stagnant on 30 June 2023.
Who is the Registrar of Vilin Bio IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Vilin Bio IPO?
Here are the promoters of this IPO – VISWA PRASAD SADHANALA, SADHANALA VENKATA RAO, D. SRINIVASA REDDY AND RAMESH REDDY SAMA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Vilin Bio IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is Vilin Bio IPO Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Vilin Bio Med Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Lakh is 3.35, 2021 is 12.13, and 2020 is 16.22. PAT from Dec 2022 is 128.08.
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