Valiant Laboratories IPO
Specialty Pharma / API - Listed on 06 October 2023
Valiant Laboratories IPO listing summary
Valiant Laboratories (Specialty Pharma / API) closed its IPO window in 2023 and listed on NSE and BSE on 06 October 2023 at an upper band issue price of Rs 140, opening at Rs 162.15 for a listing gain of +15.8% and closing day one at Rs 170.25 (+21.6% on closing basis). The IPO was subscribed 29.73x overall - QIB 20.83x, HNI/NII 73.62x, Retail 16.00x. The total issue size was Rs 152.46 Cr (Fresh Issue Rs 152.46 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Valiant Laboratories IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 5 | +3.57% |
| Day 2 | Rs 5 | +3.57% |
| Day 3 | Rs 10 | +7.14% |
| Day 4 | Rs 10 | +7.14% |
| Day 5 | Rs 15 | +10.71% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Valiant Laboratories IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Valiant Laboratories IPO - FAQs
What was the listing gain of Valiant Laboratories IPO?
Valiant Laboratories IPO listed at +15.8% versus the upper issue price of Rs 140 on 06 October 2023.
How many times was Valiant Laboratories IPO subscribed?
Valiant Laboratories IPO was subscribed 29.73x overall. QIB portion was subscribed 20.83x, HNI / NII 73.62x and Retail 16.00x.
What was the IPO GMP for Valiant Laboratories?
IPO GMP started at Rs 5 on Day 1 and moved to Rs 15 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.