Walpar Nutritions IPO will open for subscription from 30 June 2021. the company aims for an issue size of ₹6.60 Crore through this Fixed price issue IPO.
Also read: IPO List 2021: a complete list of IPOs in 2021
Walpar Nutritions Limited
Incorporated in 2009, Walpar Nutrition 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 sachets, 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.
Objects of the Issue
- To invest in subsidiaries.
- Meet working capital requirements.
- For general corporate purposes.
- Meet issue expenditures.
Competitive strengths
- Large product portfolio with 70+ products.
- Strong product manufacturing and development capabilities.
- Best quality products, certified by FSSAI and AYUSH department.
IPO Tentative Timetable
| IPO Open Date | Jun 30, 2021 |
| IPO Close Date | Jul 5, 2021 |
| Basis of Allotment Date | Jul 8, 2021 |
| Initiation of Refunds | Jul 9, 2021 |
| Credit of Shares to Demat Account | Jul 9, 2021 |
| IPO Listing Date | Jul 13, 2021 |
IPO Details
| IPO Opening Date | Jun 30, 2021 |
| IPO Closing Date | Jul 5, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹55 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Minimum application amount | ₹110,000 |
| Listing At | NSE SME |
| Issue Size | 1,200,000 Eq Shares of ₹10 (aggregating up to ₹6.60 Cr) |
Company Financials
| Particulars | For the year/period ended (₹ in lakhs) | ||
|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 1,317.41 | 918.09 | 390.37 |
| Total Revenue | 1,671.27 | 1,282.27 | 644.53 |
| Profit After Tax | 12.18 | 6.88 | 0.33 |
Company Promoters
- Mr. Kalpesh Pravinchandra Ladhawala
- Mr. Tanmay Kumar Ashwinbhai
- Mrs. Sejal Kalpesh Ladhawala
Lead Manager
- Beeline Broking Ltd
Walpar Nutritions IPO Registrar
Skyline Financial Services Private Ltd
D-153A, 1st Floor,
Okhla Industrial Area, Phase-I,
New Delhi -110020
Phone: +91 – 11 – 2681
Email: compliances@skylinerta.com
Website: http://www.skylinerta.com
Company Contact Information
Walpar Nutritions Limited
2nd Floor, L5: 377 PLOT:5, Opp. Sabarmati, Village
Taluka kalol, Gandhinagar-382721
Phone: +91 94277 12047
Email: finance.walpar@hotmail.com
Website: http://www.walparnutritions.com/
Final thoughts
Walpar Nutritions IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make a wise decision.
Happy Investing