Walpar Nutritions Ltd. is a pharmaceutical company incorporated in the year 2009 in Gandhinagar and commences its business thereafter. It is a manufacturing company which produces a wide range of products related to Ayurvedic, Sexual Wellness, food supplement, Nutraceutical, and Cosmeceuticals.
It has a manufacturing unit in Gandhinagar with a large installed capacity of production. The company manages to develop 100 formulations along with 1000 brands in different segments like Cardiac, Diabetic, Orthopedic, Antibiotic, Dermatology, Neuro, Gastro-Intestinal, Pain Management, and Sports Nutrition. Furthermore, the company is also engaged in manufacturing capsules, tablets, ointments, gels, powders, lotions, sachet, liquid orals, and many more.
The company has a large portfolio with more than 70 products. As per the performance, the company is fetching profits day by day.
Let’s have a detailed view of Walpar Nutritions Ltd. IPO:
Promoters of the Company
Mr. Kalpesh Pravinchandra Ladhawala, Mr. Tanmay Kumar Ashwinbhai and Mrs. Sejal Kalpesh Ladhawala are the promoters of the company.
Issuance of Shares
Issue size: Rs. 6.60 crore
Face Value: Rs.10 per equity share
The Objective of the Issuance of Shares
- To meet the working capital requirement of the company.
- To meet issue expenditures.
- To invest in subsidiaries.
- To meet general corporate purposes.
IPO Share Price
The price band for the issue is fixed by the company at Rs.55 per equity share.
IPO Opening and Closing date
The Walpar Nutritions IPO is likely to open for subscription on 30th June 2021 and will close on 05th July 2021. The shares are planned to be listed on NSE SME.
Lot size and Minimum number of shares
Each lot size includes a total of 2000 shares. Therefore, the minimum number of shares to be ordered will be 2000 shares only.
Trendy Analysis
Walpar Nutritions Ltd. is a leading healthcare product company with strong manufacturing abilities. If we look into the performance of the company, then the company has grown day by day. We all are aware of the deadly fact that Covid19 has not ended. Moreover, Demand for health products is at its peak. So, it may be a wise decision to buy a subscription.
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