Initial public offer of up to 10,890,000 equity shares of face value of
Rs. 10 each ("Equity Shares") of Valiant Laboratories Limited ("Company" or "Issuer") for cash at a price of Rs. 140 per equity share (including a share premium of Rs. 130 per equity share) ("Issue Price") aggregating up to
Rs. 152.46 crores ("Issue"). The issue shall constitutes 25.06% of the fully-diluted post- issue paid-up equity share capital of the company.
The face value of equity shares is Rs. 10 each. The issue price is 14 times the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
27-Sep-2023
03-Oct-2023
₹ 140.00
₹ 0.00
Minimum Application for shares in Nos : 105.0
Further Multiples of : 105.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
134.32
Unistone Capital Pvt Ltd
Project Financed through Current Offer
152.46
Post Issue Equity Share Capital
43.45
Issue Price
₹140.00
Projects
Investment in VASPL for part financing its capital expenditure
Requirements in relation to the setting up of the proposed facility
Investment in VASPL for fuding its working capital requirements of VASPL