Innova Captab Limited

Company Profile
Company Name Innova Captab Limited
Open Date 21-12-2023
Close Date 26-12-2023
Exchange NSE, BSE
Lot Size 33 Shares
Issue Price ₹426 to ₹448 per share
Issue Size 1,27,23,214 Equity Shares
Application Amount Min. Inv. - ₹ 14,784 (33 shares) Max. Inv. – ₹ 1,92,192 (429 shares)
Recommendation Risk_Averse - Should Wait Risk_Seekers - Should Apply

Innova Captab Limited was originally carried on as a partnership firm in 2005 and has its registered office in Navi Mumbai, Maharashtra, India. The company is an integrated pharmaceutical company in India with a presence across the pharmaceuticals value chain including research and development, manufacturing, drug distribution and marketing and exports.The company’s business includes (i) a contract
development and manufacturing organisation (“CDMO”) business providing manufacturing services to Indian pharmaceutical companies, (ii) a domestic branded generics business and (iii) an international
branded generics business. As of 31st October 2023, the Company had 1,560 employees on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Jun-23
Total Assets 369.62 575.48 1,018.72 1,086.16
Net Assets 144.82 208.61 325.58 365.51
Total Borrowings 45.03 198.18 430.60 441.90
Total Revenue 412.03 803.41 1,186.54 234.37
Profit After Tax 34.50 63.95 101.12 17.59

Tentative Timeline

Opening Date 21/12/2023
Closing Date 26-12-2023
Basis of Allotment 27-12-2023
Initiation of Refunds 28-12-2023
Credit of Shares to Demat 28-12-2023
Listing Date 29-12-2023

Objects of the Issue

Repayment and / or prepayment in part or in full, of certain outstanding loans of the Company.
Investment in the Subsidiary, UML, for repayment and/ or prepayment in part or full of outstanding loans availed by UML.
Funding Working Capital Requirements.
General corporate purposes.

Contact Information

Registered Office Innova Captab Limited - 601, Proxima, Plot No. 19, Sector 30 A, Vashi, Navi Mumbai, 400 705
Phone +91 22 2564 2095
Email investors@innovacaptab.com
Website https://www.innovacaptab.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email innovacaptab.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB 20.00%
NII 15.00%
RII 35.00%
Anchor Investors 30.00%

Shareholding Pattern

Share Holding Pre Issue (Promoters) 66.85%
Share Holding Post Issue (Promoters) 53.31%

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