Walpar Nutritions manufactures different types of Nutraceutical, Ayurvedic, Cosmeceuticals, Sexual Wellness, and food supplement products.

Bidding Dates
30 Jun 2021 - 05 Jul 2021
Subscription
9.48x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue PricePost Issue Promoter Holding %Issue SizeIPO Document
₹1,10,0001120001.2 M₹5573.58 %₹66.0 MRHP DOC

Walpar Nutritions IPO SUBSCRIPTION STATUS

05 Jul '21
Total9.48x
Retail Individual Investor17.94x
HNI (NII) Investors1.01x
Qualified Institutional Buyers-

Walpar Nutritions IPO overall subscription rate was 9.48 times the total available shares

Walpar Nutritions IPO retail subscription rate was 17.94 times in the retail segment

Walpar Nutritions IPO non-institutional investor subscription rate was 1.01 times in the non-institutional investor category

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation50%50%-
02 Jul 2021
(Day 3)
8.34x0.54x-
05 Jul 2021
(Day 4)
17.94x1.01x-
30 Jun 2021
(Day 1)
0.67x0.03x-
01 Jul 2021
(Day 2)
4.48x0.52x-

Walpar Nutritions FINANCIALS

Period Net Profit (Rs in millions) Revenue from operations (Rs in millions) Cash Flow from operations (Rs in millions) Free Cash flow (Rs in millions)
December 04, 2020-December 31, 2020 2.3 14.3 4.0 4.0
April 01, 2020-December 03, 2020 0.6 113.6 -7.4 -10.0
FY20 1.2 167.1 -7.6 -12.4
FY19 0.7 128.2 -13.0 -16.1
FY18 0.0 64.5 -1.0 -6.1

Walpar Nutritions IPO SUBSCRIPTION STATUS DETAILS

Walpar Nutritions had 1.2 M shares on offer

Walpar Nutritions IPO offer price was ₹55

Walpar Nutritions IPO minimum Investment was110000

Walpar Nutritions IPO issue size was ₹ 66.0 M

Walpar Nutritions had a minimum lot size of 2000 Shares per application

Walpar Nutritions NUMBER OF SHARES ON OFFER

Total1.2 M
Fresh Issue1.2 M
Offer for Sale0
Post Issue Promoter Holding %73.58 %

Walpar Nutritions IPO IMPORTANT DATES

Issue Open Date30 Jun 2021
Issue close Date05 Jul 2021
Allotment Date08 Jul 2021
Refund Date09 Jul 2021
Demat Account Credit Date09 Jul 2021
Listing Date13 Jul 2021
Listing on Exchange(s)NSE
Walpar Nutritions Allotment StatusExchange

Walpar Nutritions IPO subscription opened on 30 Jun 2021, and closed on 05 Jul 2021

IPO allotment for Walpar Nutritions was finalized on Thursday, 08 Jul 2021

IPO listing for Walpar Nutritions was on NSE on Tuesday, 13 Jul 2021

Walpar Nutritions IPO LISTING GAINS

Issue Price (adjusted)27.5
Listing Open Price60.0
Listing Close Price57.0
Listing Gain%9.0%
Current Gain%26.7%

Walpar Nutritions Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Walpar Nutritions Ltd.34.815.810.9-0.30.215.94.5799.7329.23.2-37.5
Sun Pharmaceutical Industries Ltd.1945466670.738.62.37.813.710.660433.810.811479.4550.416.6
Divi's Laboratories Ltd.8275219675.375.12.819.615.312.81106714256817.2110.226.8
Torrent Pharmaceuticals Ltd.4924187293.285.99.611.925.84.913886.220.32163.413.257.38.9
Cipla Ltd.1463.8118253.635.1-0.94.211.39.129044.62.23879.2-26.441.7-37.5
Zydus Lifesciences Ltd.1114.2112114.622.22.34.118.69.627657.917.6504011.450.19.6

Walpar Nutritions INFORMATION ON IPO ISSUE

About Walpar Nutritions

Walpar Nutritions manufactures different types of Nutraceutical, Ayurvedic, Cosmeceuticals, Sexual Wellness, and food supplement products.

Object of the Issue

  1. To invest in subsidiaries
  2. Meet working capital requirements
  3. Meet general corporate purposes
  4. Meet issue expenditures

Walpar Nutritions - PROMOTERS

Name
Kalpesh Pravinchandra Ladhawala
Tanmay Kumar Ashwinbhai
Sejal Kalpesh Ladhawala

Walpar Nutritions Lead Manager to the Issue

Beeline Broking Limited

mb@beelinemb.com

Walpar Nutritions Registrar to the Offer

Skyline Financial Services Private Limited

compliances@skylinerta.com

Walpar Nutritions Strengths

Experienced management team

The company has a qualified and professional management team with significant experience in all operational aspects of business

Strength

Product Range

The company is into developing, manufacturing and marketing a broad range of healthcare products of nutraceutical, Cosmeceutical and Ayurveda.

Strength

Quality assurance

The company is focused on providing high-quality products and services

Strength

Walpar Nutritions Risks

Certain registrations, licenses and permits required

The business requires to obtain and renew certain registrations, licenses and permits from government and regulatory authorities

Risk

Subject to risks associated with expansion

Expansion into new markets, including in India and overseas, subjects to various challenges, including those relating to lack of familiarity

Risk

IPO FAQs

  • Walpar Nutritions Ltd. IPO listing opened at Rs 59.95 while the issue price was Rs 55.00 giving 9.00% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 27.50 giving 26.73% gains since its IPO listing.

  • The promoters of the company are Kalpesh Pravinchandra Ladhawala, Tanmay Kumar Ashwinbhai and Sejal Kalpesh Ladhawala.

  • The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.

  • The price band of the IPO is Rs 55.0 - 55.0.

  • The IPO application opens on Jun 30, 2021 and closes on Jul 05, 2021.

  • The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.

  • For all category investors, the minimum application amount for this IPO is Rs. 110,000.0, the maximum value for this IPO is Rs 110,000.0.

  • This IPO will be allotted on Jul 08, 2021.

  • The refund will be credited to your account on Jul 09, 2021.

  • The allotted shares will be credited to your demat on Jul 09, 2021.

  • Walpar Nutritions Ltd.’s shares listed on the stock exchanges on Jul 13, 2021.