IPO Details

Bidding Dates

16 Jun '23 - 21 Jun '23

Minimum Investment

₹120,000 / 1 Lots ( 4000 Shares)

Price Range

To be announced

Maximum Investment

₹120,000 / 1 Lots ( 4000 Shares)

Retail Discount

Not Applicable

Issue Size

₹12.00 Cr

Investor category and sub category

Qualified Institutional Buyers  |   Non-Institutional Investors  |   Retail Individual Investor   |  

IPO Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Jun 16, 2023

IPO Closing Date

Jun 21, 2023

Basis of Allotment

Jun 26, 2023

Initiation of Refunds

Jun 27, 2023

Credit of Shares to Demat Account

Jun 29, 2023

IPO Listing Date

Jun 30, 2023

UPI Mandatory Expiry Date

Jun 21, 2023

IPO Subscription Details


Day 1Jun 16, 2023

0.01 0.58 0.24

Day 2Jun 19, 2023

0.05 1.30 0.62

Day 3Jun 20, 2023

0.02 2.38 1.20

Day 4Jun 21, 2023

0.23 3.27 1.75

IPO Subscription Status Live

Investor Category Subscription (Times)
Non-Institutional Buyers** 0.23
Retail Investors 3.27
Total 1.75

About Company

Vilin Bio Med Limited is a pharmaceutical manufacturing company based in Roorkee, Uttarakhand. The company has established a strong presence in the domestic market by producing high-quality pharmaceutical products. One of its key strengths lies in its research and development foundation, which allows the company to stay competitive and contribute to the advancement of healthcare.

The manufacturing facility owned by Vilin Bio Med Limited is state-of-the-art, ensuring efficient production processes and adherence to strict quality standards. The company's commitment to quality is evident in its strategy to sell products in bulk to pharmaceutical manufacturers, marketers, and traders, who in turn provide the channel for sales to customers. Villin Bio Med’s products are primarily used by other pharmaceutical companies and traders, who ultimately market them to distributors and retail customers. The company doesn’t sell its products under any brand name. The opening date for Vilin Bio Med Limited IPO is Friday, 16 June 2023, and the closing date is Wednesday, 21 June 2023.

Vilin Bio Med Limited IPO Details

Vilin Bio Med Limited IPO is a 100% fresh issue of 4,000,000 equity shares aggregating up to ₹12 crore. The offer has its price band set to ₹30 per share and the lot size is 4000. The IPO will list on the NSE.

Vilin Bio Med Limited IPO Objective 

The objectives of Vilin Bio Med Limited's IPO are listed below:

  • Augmenting additional working capital requirements.
  • General corporate purposes.
  • Issue-related expenses.

Should you invest in Vilin Bio Med Limited?

Here are a few important factors to consider before investing in the IPO:

  • Vilin Bio Med Limited is a well-established pharmaceutical manufacturing company. The company is well-positioned to benefit from the growth of the Indian pharmaceutical market.
  • The company’s revenue from operations for FY-2022 was ₹1,121.49 lakhs as compared to ₹1,171.52 lakhs during FY 2021 showing a decrease of 4.27%.
  • The company has experienced negative cash flows in the past.

Competitive Peers

JFL Life Sciences Limited, Vaishali Pharma Limited, and Anuh Pharma Limited are the listed peer companies operating in the same business line.

Highlights of Vilin Bio Med Ltd

  • Vilin Bio Med Limited manufactures a wide range of pharmaceutical formulations, including oral liquids, dry syrups, sachets, external preparations, beta and non-beta lactam tablets, capsules, and nutritional food supplements. The company also provides technology-based products and pre-formulation intermediates, such as oral thin films for pharmaceutical and nutraceutical products. 
  • Vilin Bio Med Limited prioritises quality manufacturing and aims to deliver products that meet or exceed customer expectations. The presence of an in-house testing laboratory within the manufacturing unit ensures that the products undergo rigorous quality checks. 
  • The company is a customer satisfaction-oriented company and strives to maintain good relationships with its customers. It continuously strives to increase its sales in the existing states and customers.

Company Financials

Particulars For nine months period ended December 31, 2022 (₹ lakhs) Fiscal 2022 (₹ lakhs) Fiscal 2021 (₹ lakhs)
Revenue from Operations 901.29 1,121.49 1,171.52
Total Income 903.43 1,121.91 1,171.88
Profit After Tax (PAT) 128.08 3.35 12.13
PAT Margin 14.18% 0.30% 1.03%
EBITDA 235.52 77.01 86.02
EBITDA Margin 26.07% 6.86% 7.34%
EPS 1.55 0.04 0.15
ROE 14.76% 0.45% 1.65%

Know before investing


  1. The company has established a strong presence in the domestic market by supplying its products in bulk to pharmaceutical manufacturers, marketers, and traders who serve as channels for distribution to customers.

  2. Vilin Bio Med Limited takes pride in its workforce, which includes experienced senior executives who have been associated with the company for a considerable time. The management team and key personnel possess the necessary qualifications and industry expertise to drive operational growth and ensure the company's success.


  1. There are outstanding criminal legal proceedings involving the company which may adversely affect the company’s business, financial condition and results of operations.

  2. The company is reliant on the demand from the pharmaceutical industry for a significant portion of its revenue. Any downturn in the pharmaceutical industry or an inability to increase or effectively manage sales can have an adverse impact on Vilin Bio Med company’s business and results of operations.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

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Choose IPO section on Home Page

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Vilin Bio Med IPO FAQs

What is Vilin Bio Med Limited's IPO?

The Vilin Bio Med Ltd IPO is a fresh issue of 4,000,000 equity shares of a face value of ₹10, aggregating up to ₹12 Crore. The price band is set to ₹30 per share.

When will Vilin Bio Med Limited's IPO allotment be available?

The Basis of Allotment date is Monday, 26 June 2023.

What will be Vilin Bio Med Limited's IPO lot size?

The lot size for Vilin Bio Med  Ltd. is 4000.

When will Vilin Bio Med Limited's IPO open for subscription?

The IPO subscription window opens on Friday, 16 June 2023, and closes on Wednesday, 21 June 2023.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When will Vilin Bio Med Limited list on exchanges?

Vilin Bio Med  Ltd. IPO will list on the NSE exchange on Friday, 30 June 2023.

How do I check the allotment status of the Vilin Bio Med Limited IPO?

 Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Validate with an OTP.
  • Enter your application number, DP ID, and PAN number into the app
  • Click on ‘Submit’ 

What would be the listing gains on the Vilin Bio Med Limited IPO?

Listing gains cannot be ascertained before listing the IPO on the stock exchange, which is Friday, 30 June 2023 for Vilin Bio Med Ltd.

I have finished the application process for the Vilin Bio Med Limited IPO, but the funds still need to be debited. What is the reason?

The bank will only block the amount initially in your account. Under the new system, the money isn’t debited until the stocks are allotted to you.

How do I approve the UPI mandate request for Vilin Bio Med Limited's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Vilin Bio Med Limited using one PAN?

You can submit only one application using your PAN card.

What is the minimum order quantity for the Vilin Bio Med Limited IPO?

The minimum order size for the Vilin Bio Med  Limited IPO is a minimum of one lot.