Opening Date	June 30, 2021
Closing Date	July 05, 2021
Face Value	Rs. 10 per equity share
IPO Price	Rs. 55 per equity share
Minimum Order Quantity	2,000 equity shares
Issue Size	12,00,000 equity shares (Rs. 6.60 crores)

 

With the coronavirus pandemic shifting the focus towards the pharmaceutical and healthcare industry, many companies operating in those industries have come forward with their latest IPO issues. Among these entities is the Gujarat-based Walpar Nutritions Ltd. Continue reading to find out about the key Walpar Nutritions Ltd IPO details.

• About the company 

Established in the year 2009, Walpar Nutritions Ltd has quickly grown to be one of the leading manufacturers of nutraceutical products in India. The company provides multiple services such as contract manufacturing, trading of raw materials, and direct selling. The product portfolio of Walpar Nutritions Ltd is quite extensive and involves the production of supplements across multiple categories and segments.

All of the products manufactured by the company are done through its Gandhinagar facility. This state-of-the-art manufacturing facility is capable of producing around 12.5 lakh capsules, 1.5 lakh oral liquids, 2 lakh sachets, and 23 lakh tablets each month.      

• Walpar Nutritions Ltd IPO details

Let’s now move on to the key details of the upcoming IPO of the company such as the Walpar Nutritions Ltd IPO date and Walpar Nutritions Ltd IPO share price. 

• Walpar Nutritions Ltd IPO date

The company has notified June 30, 2021 and July 05,2021 as the opening and closing dates of its latest IPO.

• Walpar Nutritions Ltd IPO issue size

Despite being an SME, the company’s issue size is quite large at around 12,00,000 equity shares. The entire upcoming IPO is going to be a fresh issue of shares with no offer for sale (OFS) component. The company is likely to net around Rs. 6.60 crores as a result of this issue.  

• Walpar Nutritions Ltd IPO share price

The company has fixed the IPO issue price as Rs. 55 per equity share. Since its face value is just Rs. 10 per share, the remaining amount of Rs. 45 per equity share would be the share premium. 

• Walpar Nutritions Ltd IPO listing 

Walpar Nutritions Ltd has decided to list its shares on the National Stock Exchange’s SME platform - EMERGE. 

• Walpar Nutritions Ltd IPO objectives

Here’s a quick look at how the company plans to use the net proceeds from this issue.  

- For meeting working capital requirements

- For meeting general corporate expenses

- For investing in subsidiaries

Conclusion

Interested in applying for the Walpar Nutritions Ltd IPO? If yes, then get yourself a demat account right away! Visit the website of Motilal Oswal to open a demat account online within just a few minutes.  

Before commencing online trading, always remember to open a demat account and trading account with a trusted and reliable financial partner.

If you already have an existing account, you can  start your online trading and invest in the upcoming IPO's.

With a plethora of companies coming forward with their own IPOs in quick succession, you can keep a track of all the upcoming IPOs by regularly following our IPO calendar.

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