finance-abhi

Innova Captab IPO

With its headquarters in India, Innova Captab is a full-service pharmaceutical company that works across the whole pharmaceutical value chain. This include participation in pharmaceutical product marketing and exports, as well as the manufacturing process, distribution, and research and development.

The company operates three businesses: (i) a domestic branded generics business; (ii) an international branded generics business; and (iii) a contract development and manufacturing organisation (CDMO) business that offers manufacturing services to Indian pharmaceutical companies.

As of the end of December 31, 2021, Innova Captab has 164 CDMO clients. The company manufactures more than 400 generic items in a diverse range that are sold in the Indian market under its own original names. This is made possible by a vast network that includes over 3,400 distributors and stockists in addition to a strong presence in over 96,000 retail pharmacies. 17 nations received shipments of branded generic goods from Innova Captab. At its research and development laboratory, the corporation employs 20 scientists and engineers full-time as of April 30, 2022.

Across the whole Indian subcontinent, Innova Captab distributes its nationally labelled generic medications through a vast network of distributors, retailers, and pharmacies. Furthermore, these generic medication products can be purchased online via a number of e-commerce pharmacy platforms. Sales of CDMO products have increased dramatically, rising on a restated consolidated basis by 97.90% from 954 in Fiscal 2019 to 1,888 in the nine months ending on December 31, 2021.

Innova Captab IPO Details

Signature Global IPO Details
Innova Captab IPO Dates
21 – 26 December 2023
Innova Captab IPO Price
INR 426 – 448 per share
Fresh issue
INR 320 crore
Offer For Sale
5,580,357 shares (INR 237.72 – 250 crore)
Total IPO Size
INR 557.72 – 570 crore
Minimum bid (size)
33 shares (INR 14,784)
Face Value
INR 10 per share
Retail Allocation
35%
Listing On
BSE, NSE

Innova Captab Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

Q1 FY 24

Revenue

410.66

800.53

926.38

233.24

Expenses

365.69

717.69

843.78

209.77

Net income

34.50

63.95

67.95

17.59

Margin (%)

8.40

7.99

7.34

7.54

Figures in INR Crore unless specified otherwise

finance-abhi

Get the latest IPO and finance  news and stay informed about market trends and investment opportunities with Finance Abhi.

Follow Us