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Valencia Nutrition Ltd Rights Issue (Valencia Nutrition Rights Issue 2024) Detail

March 15, 2024 - April 12, 2024
Valencia Nutrition Ltd Logo

Incorporated in 2013, Valencia Nutrition Limited is a Biotechnology Company focusing on Nutraceuticals. The Company mainly focuses on fortified beverages, specifically Bounce Superdrinks and VITA FIZZ.

The company has manufacturing partners in Gujarat, Tamil Nadu, and Andhra Pradesh. Nearly 90% of its production is directly delivered to distributors via truckloads from these factories.

Company's income for FY 2021-22, FY 2022-23, and H1 2023: ₹0.04L, ₹146.06L, and ₹64.46L respectively.

The company has a total of 9 employees in various departments.

Valencia Nutrition Rights Issue 2024 Detail

Issue Open March 15, 2024 - April 12, 2024
Security Name Valencia Nutrition Ltd
Issue Size (Shares) 8,378,012
Issue Size (Amount) ₹21.78 Crores
Issue Price ₹26 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

The Full Amount of Issue Price of Rs.26/- is Payable on Application.

Entitlement 15 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date

Valencia Nutrition Rights Issue 2024 Issue Timetable

Last Date to buy sharesMarch 6, 2024
Record Date March 7, 2024
Credit of Rights Entitlements March 12, 2024
Bid/Offer Opens On March 15, 2024
Renunciation of Rights Entitlements April 5, 2024
Bid/Offer Closes On April 12, 2024
Deemed Date of Allotment March 28, 2024
Credit Date April 2, 2024
Listing Date April 5, 2024

Company Financials

Valencia Nutrition Ltd Financial Information (Restated)

Valencia Nutrition Ltd's revenue increased by 365050% and profit after tax (PAT) dropped by -90.84% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 2022
Assets2.552.782.45
Revenue0.641.460.00
Profit After Tax-0.55-1.26-0.66
Net Worth-1.21-0.67-0.60
Total Borrowing2.902.180.60
Amount in ₹ Crore

Objects of the Issue:

The company proposes to utilize the Net Proceeds to:

  1. Adjustment of Unsecured Loans against the Entitlement of the Promoter
  2. Working capital requirements
  3. General Corporate Purposes.

Valencia Nutrition Rights Issue 2024 Subscription Status

Valencia Nutrition Rights Issue 2024 got oversubscribed by 1.08 times by the end of the bidding period with total bid quantity received by BSE of 9,067,500 shares.

Valencia Nutrition Rights Issue 2024 Documents

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Valencia Nutrition Rights Issue 2024 Reviews

Company Contact Information

Valencia Nutrition Ltd
601A, Neelkanth Business Park,
6th Floor, A Wing, Nathaniliood
Vidyavihar (WIISI), Mumbai-400011

Phone: +91 22 35418449
Email: compliance@valencianutrition.com
Website: http://valencianutrition.com/

Valencia Nutrition Rights Issue 2024 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: https://ipo.bigshareonline.com/ipo_status.html

Valencia Nutrition Rights Issue 2024 Lead Manager(s)

Valencia Nutrition Rights Issue 2024 FAQs

The Valencia Nutrition Rights Issue 2024 opens on March 15, 2024, and closes on April 12, 2024.

Valencia Nutrition Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsMarch 12, 2024
Last Date for renunciation of Rights EntitlementsApril 5, 2024
Issue Opening DateMarch 15, 2024
Issue Closing DateApril 12, 2024
Date of Allotment (on or about)March 28, 2024
Date of Credit (on or about)April 2, 2024
Date of Listing (on or about)April 5, 2024

Valencia Nutrition Rights Issue 2024 price is set at ₹26 per share per equity share.

The eligible shareholders are being offered 15 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date (March 7, 2024).

The record date for the Valencia Nutrition Rights Issue 2024 is March 7, 2024.

The issue size of Valencia Nutrition Rights Issue 2024 is of 8,378,012 equity shares at ₹26 per share aggregating upto ₹21.78 Crores.

The Letter of Offer for Valencia Nutrition Rights Issue 2024 can be download here.

You can apply for Valencia Nutrition Rights Issue 2024 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Valencia Nutrition Rights Issue 2024 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Valencia Nutrition Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Valencia Nutrition Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Valencia Nutrition Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Valencia Nutrition Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

1 Comments

1. Murthy     Link|March 7, 2024 3:14:02 PM
Letter of Offer: Draft
https://www.bseindia.com/xml-data/corpfiling/AttachLive/9a5eaf98-2e87-4e82-8f9e-3740617ce164.pdf

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