Vilin Bio Med Limited IPO
Incorporated in 2005, Vilin Bio Med Limited is engaged in the domestic business of manufacturing pharmaceutical products, and the manufacturing unit.
The company sells its products in bulk to pharmaceutical manufacturers, marketers, and traders, who provide the channel for sales to customers.
Its product list can be classified into:
- Oral Liquid (Syrups/Suspensions/Dry Powders (βeta & Non-βeta-Lactam).
- Tablets & Capsules (βeta & Non-βeta-Lactam).
- External Preparations.
- Dry Powders.
The company has its R&D foundation and manufacturing facility in Roorkee, Uttarakhand.
Vilin Bio Med recorded a Rs. 1,121.91 Lakhs revenue in the year 2022, and Rs. 1,171.88 Lakhs in the year 2021.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 1,400.60 | 1,682.41 | 16.22 | 724.13 | 394.13 | 453.41 |
| 31-Mar-21 | 1,389.14 | 1,171.88 | 12.13 | 736.26 | 406.26 | 551.58 |
| 31-Mar-22 | 1,355.83 | 1,121.91 | 3.35 | 739.61 | 409.61 | 529.96 |
| 31-Dec-22 | 1,687.11 | 903.43 | 128.08 | 867.69 | 537.69 | 617.71 |
| Amount in ₹ Lakhs | ||||||
Objects of the Issue
The company intends to utilize the proceeds from the net issue for the following objects:
- Augmenting additional working capital requirements, and
- General Corporate Purposes.
Vilin Bio Med IPO Timetable (Tentative)
Vilin Bio Med IPO opens on Jun 16, 2023, and closes on Jun 21, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Friday, 16 June 2023 |
| Closing Date | Wednesday, 21 June 2023 |
| Basis of Allotment | Monday, 26 June 2023 |
| Initiation of Refunds | Tuesday, 27 June 2023 |
| Credit of Shares to Demat | Thursday, 29 June 2023 |
| Listing Date | Friday, 30 June 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jun 21, 2023 |
