Innova Captab's IPO offers ₹320 crore in fresh shares and ₹250 crore in existing share sales. Funds will aid loan repayments, UML investment, and company operations.
IPO Date: Dec 21 to Dec 26, 2023
IPO Listing Date: Dec 29, 2023
IPO Price: INR 426 to INR 448 per share
IPO Lot Size: 33 Shares
IPO Total Issue Size: INR 570 crores
Innova Captab boasts strong revenue, EPS, RoNW, and moderate P/E. Torrent Pharma and Ajanta Pharma lead in revenue and EPS, while Windlas Biotech exhibits a lower P/E ratio among peers.
Innova Captab allocates INR 144 Cr for loan repayment, INR 23.60 Cr for subsidiary, INR 72 Cr for working capital, and the rest for general corporate needs for growth and unforeseen expenses.