Vilin Bio Med IPO

Vilin Bio Med IPO will open for subscription from 16 June 2023. the company aims for an issue size of ₹12 Cr through this IPO.


Company Overview

Full nameVilin Bio Med Limited
SectorHealthcare
IndustryPharmaceuticals & Drugs
Company Websitehttp://www.vilinbiomed.co.in/

About Company

 Incorporated in 2005, Vilin Bio-Med 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.

The company’s products can be classified into the following categories:

  • Solid Oral Dosage form (βeta & Non βeta-Lactam)
  • Oral Liquids
  • External Preparations
  • Dry Powders

As of 31 December 2022, the company is operating at approximately 30% capacity utilization. Vilin Bio Med plans to scale production to its optimum manufacturing capacity and leverage economies of scale, thereby reducing overall operational costs and adding to the margins. The company employs 61 employees, including 30 in production and 9 in quality control and assurance.


The Objective of the Issue

  • Augmenting additional working capital requirements,
  • General Corporate Purposes.

IPO Timetable

IPO Opening date16 June 2023
IPO Closing21 June 2023
Basis of Allotment26 June 2023
Initiation Refund27 June 2023
Credit to Demat Account29 June 2023
Listing Date30 June 2023

IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹12 Cr – 4,000,000 shares
Fresh Issue₹12 Cr – 4,000,000 shares
Offer for saleNil
Face value₹10 per share
Offer price₹30 per share
Lot size4000 Shares
Retail Allocation50%
Listing ExchangeNSE SME

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)14000₹120,000
Retail (Max)14000₹120,000
HNI (Min)28,000₹240,000

Reservation Details

Other Shares Offered50%
Retail Shares Offered50%

Financial Performance

 FY 2020FY 2021FY 20229M FY 2023
Revenue1,681.291,171.521,121.49901.29
Expenses1,663.031,155.771,117.44728.98
Net income16.2212.133.35128.08
(Amount in ₹ Lakhs)

Valuations & Margins

FY 2020FY 2021FY 2022
EPS0.200.150.04
PE ratio275.00
RONW (%)2.241.650.45
NAV8.788.928.96
ROCE (%)1.370.940.26
EBITDA (%)5.417.346.86

Company Promoters

  • Viswa Prasad Sadhanala
  • Sadhanala Venkata Rao
  • D. Srinivasa Reddy
  • Ramesh Reddy Sama

Promoter Holding

Pre Issue Share Holding91.45%
Post Issue Share Holding64.52%

Lead Manager(s)

INVENTURE MERCHANT BANKER SERVICES PRIVATE LIMITED
2nd Floor, Viraj Tower, Nr. Andheri Flyover (North End),
Western Express Highway, Andheri (East) Mumbai – 400 069, Maharashtra
Phone:+91 22 4075 1500
Email: compliance@inventuremerchantbanker.com
Website: www.inventuremerchantbanker.com


IPO Registrar

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
Phone: +91 22 6263 8200
Email:  ipo@bigshareonline.com
Website: www.bigshareonline.com


Contact Details

VILIN BIO MED LIMITED
Sy No.115/GF/J, Hanumanji Colony,
Brig Sayeed Road, Bowempally, Secunderabad – 500003, Telangana
Phone: +91 40 7961 8843
E-mail: cs@vilinbiomed.co.in
Website: www.vilinbiomed.co.in


Allotment Status

Vilin Bio Med IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.


Final thoughts

Vilin Bio Med IPO is going to hit Dalal Street soon. applying for an 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 wise decisions.

Happy Investing

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