Valencia Nutrition Limited - SME IPO
Bangalore based Valencia Nutrition Limited - an applied biotechnology startup,was incorporated in 2013. The company is engaged in researching, developing, marketing and controlling the quality of high-quality nutraceutical products(multi-nutrient functional beverages that are used to prevent diseases related to lifecycle).
Valencia Nutrition Limitedworks under two brand names - Vita Me Enriched Beverage &Bounce Super drinks.
Valencia sells low-calorie hydration drink range including Sports, Glucose, Vitalize, Lemon Fizz, Gluco Fizz, and Jeera Fizz products under the brand name Bounce Super drinks. Under Vita Me brand the company sells multi-nutrient drinks like Guava Electrolite, Watermelon Prebiotic, Litchi- Mint Unwind and Lemon - Lime Antioxidant Burst.
Valencia Nutrition uses an in-house research and development team to create formulations and formulate new products at final saleable forms.The company outsources the packaging, manufacturing, bottling and transportation related work.
Competitive Strengths:
- Focus on product development and formulations
- Develop products as per consumer preferences
- Long Shelf Life of products
- In-house R&D team
Company Promoters: Mrs. Deepthi Anand and Mr. Manish Turakhia.
Issue Details
| Valencia Nutrition Limited - SME IPO | |
| Issue Open | Dec 23 - Dec 27, 2019 |
| Issue Size | 1,572,000 Eq Shares of ₹10 (aggregating up to ₹7.23 Cr) |
| Face Value | Rs 10 per Equity Share |
| Issue Price | Rs 46 per Equity Share |
| Market Lot | 3000 Shares |
| Listing At | NSE SME |
|
Objectives |
1. Construction of New Corporate Office and Headquarters Building called "Valencia House" at Anjanapura, Bengaluru |
Company Financials
| Particulars | For the year/period ended (in lakh rupees) | ||
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | |
| Total Assets | 141.25 | 161.37 | 32.81 |
| Total Revenue | 149.47 | 42.55 | 73.71 |
| Profit After Tax | (214.14) | (115.97) | (146.50) |
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