Vijaypd Ceutical IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Sep 29 to Oct 01 2025
Price Band
₹35
Current GMP
₹35(0.00%)
Subscription
1.37 times
IPO Details
| IPO Date | September 29, 2025 to October 1, 2025 |
| Listing Date | October 7, 2025 |
| Face Value | ₹10 per share |
| Issue Price Final | ₹35 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 55,00,000 shares (aggregating up to ₹19.25 Cr) |
| Reserved for Market Maker | 2,84,000 shares (aggregating up to ₹0.9940 Cr)Shreni Shares Ltd. |
| Net Offered to Public | 52,16,000 shares (aggregating up to ₹18.26 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,40,28,686 shares |
| Share Holding Post Issue | 1,95,28,686 shares |
IPO Date
September 29, 2025 to October 1, 2025
Listing Date
October 7, 2025
Face Value
₹10 per share
Issue Price Final
₹35 per share
Lot Size
4,000 Shares
Sale Type
Fresh Capital
Total Issue Size
55,00,000 shares (aggregating up to ₹19.25 Cr)
Reserved for Market Maker
2,84,000 shares (aggregating up to ₹0.9940 Cr)Shreni Shares Ltd.
Net Offered to Public
52,16,000 shares (aggregating up to ₹18.26 Cr)
Issue Type
Fixed Price IPO
Listing At
NSE SME
Share Holding Pre Issue
1,40,28,686 shares
Share Holding Post Issue
1,95,28,686 shares
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 1.86 |
| Individual Investors (IND category bidding for 2 Lots) | 0.89 |
| Total ** | 1.37 |
Market Maker
1
Non-Institutional Buyers***
1.86
Individual Investors (IND category bidding for 2 Lots)
0.89
Total **
1.37
Day Wise Sub
| Day | NII* | Individual Investors | Total |
|---|---|---|---|
| Day 1 Sep 29, 2025 | 1.10 | 0.08 | 0.59 |
| Day 2 Sep 30, 2025 | 1.67 | 0.29 | 0.98 |
| Day 3 Oct 1, 2025 | 1.86 | 0.89 | 1.37 |
DayDay 1
Sep 29, 2025
NII*1.10
Individual Investors0.08
Total0.59
DayDay 2
Sep 30, 2025
NII*1.67
Individual Investors0.29
Total0.98
DayDay 3
Oct 1, 2025
NII*1.86
Individual Investors0.89
Total1.37
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 07-10-2025 | 35.00 | 0(0.00%) | 35 |
| 06-10-2025 | 35.00 | 0(0.00%) | 35 |
| 05-10-2025 | 35.00 | 0(0.00%) | 35 |
| 04-10-2025 | 35.00 | 0(0.00%) | 35 |
| 03-10-2025 | 35.00 | 0(0.00%) | 35 |
| 02-10-2025 | 35.00 | 0(0.00%) | 35 |
| 01-10-2025 | 35.00 | 0(0.00%) | 35 |
| 30-09-2025 | 35.00 | 0(0.00%) | 35 |
| 29-09-2025 | 35.00 | 0(0.00%) | 35 |
| 28-09-2025 | 35.00 | 0(0.00%) | 35 |
| 27-09-2025 | 35.00 | 0(0.00%) | 35 |
| 26-09-2025 | 35.00 | 0(0.00%) | 35 |
| 25-09-2025 | 35.00 | 0(0.00%) | 35 |
| 24-09-2025 | 35.00 | 0(0.00%) | 35 |
Date07-10-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date06-10-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date05-10-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date04-10-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date03-10-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date02-10-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date01-10-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date30-09-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date29-09-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date28-09-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date27-09-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date26-09-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date25-09-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
Date24-09-2025
Price35.00
GMP0(0.00%)
Estimate List Price35
IPO Important Dates
| IPO Open Date | Mon, Sep 29, 2025 |
| IPO Close Date | Wed, Oct 1, 2025 |
| Tentative Allotment | Fri, Oct 3, 2025 |
| Initiation of Refunds | Mon, Oct 6, 2025 |
| Credit of Shares to Demat | Mon, Oct 6, 2025 |
| Tentative Listing Date | Tue, Oct 7, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Oct 1, 2025 |
IPO Open Date
Mon, Sep 29, 2025
IPO Close Date
Wed, Oct 1, 2025
Tentative Allotment
Fri, Oct 3, 2025
Initiation of Refunds
Mon, Oct 6, 2025
Credit of Shares to Demat
Mon, Oct 6, 2025
Tentative Listing Date
Tue, Oct 7, 2025
Cut-off time for UPI mandate confirmation
5 PM on Wed, Oct 1, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 8,000 | ₹2,80,000 |
| Individual investors (Retail) (Max) | 2 | 8,000 | ₹2,80,000 |
| HNI (Min) | 3 | 12,000 | ₹4,20,000 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares8,000
Amount₹2,80,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares8,000
Amount₹2,80,000
ApplicationHNI (Min)
Lots3
Shares12,000
Amount₹4,20,000
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 57.15 | 33.27 | 32.87 |
| Total Income | 107.59 | 54.34 | 50.59 |
| Profit After Tax | 4.80 | 1.65 | 0.18 |
| EBITDA | 8.59 | 4.87 | 1.32 |
| NET Worth | 32.17 | 1.00 | 4.93 |
| Reserves and Surplus | 18.14 | ||
| Total Borrowing | 21.77 | 30.04 | 25.56 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 202557.15
31 Mar 202433.27
31 Mar 202332.87
Period EndedTotal Income
31 Mar 2025107.59
31 Mar 202454.34
31 Mar 202350.59
Period EndedProfit After Tax
31 Mar 20254.80
31 Mar 20241.65
31 Mar 20230.18
Period EndedEBITDA
31 Mar 20258.59
31 Mar 20244.87
31 Mar 20231.32
Period EndedNET Worth
31 Mar 202532.17
31 Mar 20241.00
31 Mar 20234.93
Period EndedReserves and Surplus
31 Mar 202518.14
31 Mar 2024
31 Mar 2023
Period EndedTotal Borrowing
31 Mar 202521.77
31 Mar 202430.04
31 Mar 202325.56
Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|---|
| Vijaypd Ceutical Limited | 3.84 | 3.84 | 25.78 | 9.11 | 14.91 | 1.40 |
| MedPlus Health Services Limited | 3.37 | 3.37 | 103.63 | 249.42 | 3.32 | 8.16 |
| Entero Healthcare Solutions Limited | 4.41 | 4.41 | 379.33 | 256.17 | 1.17 | 2.98 |
Company NameVijaypd Ceutical Limited
EPS (Basic)3.84
EPS (Diluted)3.84
NAV (per share) (Rs)25.78
P/E (x)9.11
RoNW (%)14.91
P/BV Ratio1.40
Company NameMedPlus Health Services Limited
EPS (Basic)3.37
EPS (Diluted)3.37
NAV (per share) (Rs)103.63
P/E (x)249.42
RoNW (%)3.32
P/BV Ratio8.16
Company NameEntero Healthcare Solutions Limited
EPS (Basic)4.41
EPS (Diluted)4.41
NAV (per share) (Rs)379.33
P/E (x)256.17
RoNW (%)1.17
P/BV Ratio2.98
IPO Reservation
| Market Maker Shares Offered | 2,84,000 (5.16%) |
| NII (HNI) Shares Offered | 26,08,000 (47.42%) |
| Retail Shares Offered | 26,08,000 (47.42%) |
| Total Shares Offered | 55,00,000 (100.00%) |
Market Maker Shares Offered
2,84,000 (5.16%)
NII (HNI) Shares Offered
26,08,000 (47.42%)
Retail Shares Offered
26,08,000 (47.42%)
Total Shares Offered
55,00,000 (100.00%)
Information about company
Incorporated in October 1971, Vijaypd Ceutical Limited distributes pharmaceutical products and consumer goods, offering a comprehensive range of services.
The company acts as representatives, dealers, agents, stockists, suppliers, traders, and packers.
The company serves the pharmaceutical and wellness industries, as well as the FMCG market, offering products like medicines (injections, tablets, capsules, ointments, suppositories, ophthalmic preparations, liquid oral products), vitamins, hormones, enzymes, wellness tonics, serums, diagnostic test kits, personal care items (soaps, sanitizers, baby care), ayurvedic products, cosmetics, food products, dental products, and crude drugs.
As of Marc 31, 2025, the company serves over r 2,109 pharmacies, clinics, and nursing homes across four districts, covering 20 locations.
The company's distribution network connects with over 170 healthcare product manufacturers, providing access to more than 19,000 SKUs.
This product portfolio allows the company to meet customer needs while ensuring quality and reliability in pharmaceutical supply.
The company is a pharmaceutical distributor with FDA, FSSAI, and BMC certifications.
Competitive Strength:
Strengthen its market position by increasing its long-term relationships with its clients.
Comprehensive product portfolio.
Streamlined supply chain management.
Experienced management team with proven execution capabilities.
Objectives of IPO
The Company Vijaypd Ceutical IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
1
Funding of capital expenditure requirements of the company towards the construction of Pharmaceutical API/ Intermediates and Chemicals manufacturing plant and purchase of machineries in MIDC – Shrirampur, Ahmednagar, Maharashtra
10.83
2
Repayment/prepayment of all or certain of the borrowings availed of by the Company
5.10
3
General corporate purposes
0.74
Disclaimer
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