Valencia SME IPO Detail

Business Profile

The company is incorporated on April 01, 2013 and is a Bangalore based company and is a biotechnology startup operating in field of researching, developing and marketing high quality, best in class nutraceutical products.

The company also offers two health drinks namely “ Bounce Superdrinks & VitaMe Enriched Beverage”.

Products of Company

Valencia Products

Strengths

  1. Focus on research & product development and complete outsourcing of manufacturing.
  2. Wide Distribution Network
  3. Addressing Consumer Needs in terms of product, price and packing.
  4. Long Shelf life products.

Promoters

Mrs. Deepthi Anand and Mr. Manish Turakhia are the promoters of the company.

Financials of Company

    Fig In Lakhs
 Q1’19-20Mar’19Mar’18Mar’17
Total Revenue93.31149.4742.5573.71
Total Expenses185.47363.61158.52220.21
PAT (92.16) (214.14) (115.97) (146.50)

 Registered Office

D No. 134, 6th Main, 1st Block Banashankari, 3rd Stage, Bangalore – 560 085, Karnataka; Phone : 8026799552, Email ID : info@valencianutrition.com; Website : http://www.valencianutrition.com/

Valencia IPO Detail

Offer PeriodDec 23, 2019 – Dec 27, 2019
Issue TypeFixed Price IPO
Issue SizeRs. 7.23 Cr.
Face valueRs. 10 Per Share
Issue PriceRs. 46 Per Share
Market Lot 3000 Shares
Listing atBSE SME
Minimum Investment (Retail)Rs. 138000

Objects of the Issue

  1. Construction of New Corporate Office and Headqaurter Building “Valencia house” in Bengaluru.
  2. Purchase Lab Equipment’s for R&D Facility expansion.
  3. Improve Geographical reach for increasing Brand Value.
  4. General Corp Purposes.

Valencia IPO Registrar

Bigshare Services Pvt Ltd

1st Floor, Bharat Tin Works Building, Opp Vasant Oasis, Makwana Road, Marol, Andheri(E) Mumbai- 400059

Phone : +91-22-62638200 Email:ipo@bigshareonline.com Website:www.bigshareonline.com

Valencia IPO Lead Managers

  1. Aryaman Financial Services Ltd
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Vaxtex Cotfab
Vaxtex Cotfab
10 months ago

Vaxtex ipo listed today on nse emerge, positive listing.
https://www.chittorgarh.com/ipo/vaxtex-cotfab-ipo/1029/

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