Valencia Nutrition Ltd

About the Company:

Valencia Nutrition Ltd is an applied biotechnology startup operating in the niche field of researching, developing & marketing high quality, best-in-class nutraceutical products i.e. multinutrient functional beverages to prevent and/or manage lifestyle related diseases.

Company supplies healthy products with its healthy, nutritious & flavorsome drinks – ‘Bounce Superdrinks’ & ‘VitaMe Enriched Beverage’.

Company utilizes an outsourcing model for manufacturing of the products,providing us with the scalability required to undertake future developments and also enables us to focus on the core area of research, product development, quality control and marketing of our products.


Company’s Brand profile is illustrated below:


Bounce Superdrinks Brand.

‘Bounce Superdrinks’ is a low-calorie hydration drink range and is company’s flagship brand.

The range has unique & proprietary blend of flavors, sweetening agents and nutrients which can be consumed by all age groups. ‘Bounce Superdrinks’ was originally manufactured under the brand name of ‘Bounce Superwater ’in 6 flavors.


VitaMe Enriched Beverages Brand.

‘VitaMe Enriched Beverages’ are multi nutrient drinks customized to meet gaps in the daily diet thereby offering loads of different nutrients in a ready-to-drink, low-calorie beverage format in four flavors. It is customized as per the taste buds of Indian customers.


Outsourced Model for manufacturing and distribution for Products.

company is focused on research, developing & marketing high quality, best-in-class, nutraceutical products i.e. multinutrient functional beverages to prevent and/or manage lifestyle related diseases.

Company has developed established relations with third party manufacturers, utilizing an outsourcing model that emphasizes on quality manufacturing, bottling, packaging and transporting the products to the retailers.


Competitors for the Company.

Company’s product ‘Bounce Superdrinks’ face competition from close peers viz. Tata Glucose, Ocean Active Water and Ocean Fruit Water.


Diversifying the Product Portfolio.

Along with existing product ‘Bounce Superdrinks’ company intends to resume manufacturing and marketing of existing product VitaMe and further add probiotic drinks, herbal products, Fitness supplements with enhanced protein absorption, Diabetic & Weight loss supplements and Premium drinks for skin, nail & hair care as part of our portfolio.


Management Team:

  1. Mrs. Deepthi Anand (Designation: Managing Director)
  2. Mr. Manish Turakhia (Designation: Chairman & Non Executive Director)


Objectives of the Issue:

Offer for Sale: (Rs. 1.2 cr)

  • Company will not receive any proceeds from the Offer for Sale.


Fresh Issue: (Rs. 6 cr)

  • Construction of New Corporate Office and Research Development & Pre Mix Laboratory Building called “Valencia House” at Anjanapura, Bengaluru.
  • Purchase of Key Lab Equipments for expanding R&D facilities.
  • Sales, Marketing and Distribution Expenses for increasing our brand value and improved geographical reach.
  • General corporate purposes.


Peer Group Comparison:

  • We believe that there is no other listed company which is specifically comparable to us w.r.t. to Valencia Nutritions business model, size and financials.


Financials of the Company:

(in Crores) FY 17 FY 18 FY 19 Upto 30th June 19
Revenue 0.73 0.42 1.49 0.93
Net Profit (-1.46) (-1.15) (-2.14) (-0.92)


IPO Details:

Details Info
Issue Opens on 23rd December 2019
Issue Closes on:. 27th December 2019
Issue Price Rs.46
Face Value Rs.10
Minimum Lot 3000
Minimum Investment Rs.1,38,000
Issue Constitutes 28.14%
Issue Size Rs.7.23 cr
Market Cap Rs.25.69 cr
Listing at BSE SME
Total Equity Shares Offered (OFS + Fresh) 15,72,000
Equity Shares Prior to the Issue 42,80,341
Equity Shares after the issue 55,85,341


Important Dates:

Finalization of Basis of Allotment on or Before 1st January 2020
Initiation of Refunds on or Before 2nd January 2020
Credit of Equity Shares: on or Before 3rd January 2020
Listing Date: on or Before 6th January 2020



Company Contact Info:
Valencia Nutrition Ltd
D. No. 134, 6th Main, 1st Block,
Banashankari, 3rd Stage,
Bangalore – 560 085, Karnataka
Tel No: +91 80 2679 9552


IPO Registrar Info:
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel. No.: +91 22 6263 8200


Lead Manager to the Issue:
60, Khatau Building,
Ground Floor, Alkesh Dinesh Modi Marg,
Fort, Mumbai – 400 001
Tel No.: +91 22 6216 6999