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:
- Mrs. Deepthi Anand (Designation: Managing Director)
- 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 Email: info@valencianutrition.com Website: www.valencianutrition.com |
| IPO Registrar Info: |
|---|
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis Makwana Road, Marol, Andheri East, Mumbai – 400 059 Tel. No.: +91 22 6263 8200 Email: ipo@bigshareonline.com Website: www.bigshareonline.com |
| Lead Manager to the Issue: |
|---|
| ARYAMAN FINANCIAL SERVICES LIMITED 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001 Tel No.: +91 22 6216 6999 Email: ipo@afsl.co.in Website: www.afsl.co.in |
