
Innova Captab Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹32(7.14%)
Premium (ELP)
Innova Captab Limited's achieved publicly listed status following its IPO debut on Dec 29, 2023 at the NSE, BSE platform. The offering successfully mobilized 1,27,23,214 Shares, with 71,42,857 Shares allocated to corporate growth initiatives and ₹250.00 Cr providing liquidity to existing shareholders.
Investment participation occurred within the established price band of ₹426 to ₹448, starting from minimum lots of 33 shares. The subscription window from Dec 21, 2023 through Dec 26, 2023 enabled investor participation across market segments.
Share allocation was completed on Dec 27, 2023, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in January 2005, Innova Captab Limited is a pharmaceutical company operating in three verticals – Contract Development & Manufacturing (CDMO), domestic branded generics, and international branded generics. The company manufactures a wide range of pharmaceutical products including tablets, capsules, dry syrups, injections, ointments and liquid medicines. In FY23 and Q1FY24, the company produced and sold over 600 generic products. Its domestic brands are sold through 5,000+ distributors and ~1.5 lakh retail pharmacies in India. The company also exports branded generics to 20 countries. As of October 31, 2023, Innova Captab employed 29 scientists and engineers, and has its plant in Baddi, Haryana.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
NA
NA
- Manoj Kumar Lohariwala
- Vinay Kumar Lohariwala
Innova Captab Limited
Kfin Technologies Limited
