Vanta Bioscience Ltd IPO (Vanta Bioscience IPO) Detail

Sep 25, 2017 - Sep 27, 2017

Incorporated in 1995, Vanta Bioscience Ltd (VBL) is a preclinical contract research company whhich offers safety assessment services for clientele from Pharmaceutical, Medical Devices, Nutraceuticals, Feed Additive, Biotech, Agrochemicals, Cosmetics, and Chemical industries.

In addition they also provides risk assessment services for evaluating the safety of the Active Pharmaceutical Ingredients (API), excipients, extractable and leachable including pharmaceutical impurities resulting due to manufacturing process or due to degradation of the product. VBL also provides expert services for determination of health based exposure limits (e.g. permitted daily exposure (PDE) or allowable daily exposure (ADE) including occupational exposure limits (OEL) for pharmaceutical manufacturers. Their services include toxicology, batch release tests, biocompatibility studies, chemical safety, and diet formulation.

One of the major services of VBL is conducting variety of in vitro (cell, tissue and organisms) and in vivo (animal) toxicology studies for its diverse clients as per various regulatory requirements from across the world. Toxicology is a branch of biology, chemistry, and pharmacology concerned with the study of the adverse effects of chemicals on living organisms. It also studies the harmful effects of chemical, biological and physical agents in biological systems that establish the extent of damage in living organisms. The relationship between dose and its effects on the exposed organism is of high significance in toxicology. Toxicology and safety assessment are sometimes used interchangeably and considered as synonymous.

Vanta Bioscience based in Des Moines, Iowa with additional offices in Brussels, Belgium; and West Des Moines, Iowa. It has a toxicology research facility in Chennai, India.

Company Promoters:

The promoters of the company are:

1. Mohan Krishna Mulakala,
2. Dopesh Raja Mulakala,
3. Dr Vyasmurti Madhavrao Shingatgeri,
4. Dr. Soumya Simhadri,
5. Shravan Chintapatla,
6. Karishma Mulakala,
7. Sajan Kiran Mulakala,
8. Pradeep Chowdary and
9. Dr. Chandrasekhar Rao Simhadri

Objects of the Issue:

The objects of the Net Proceeds of the Issue are:

1. Augmenting additional working capital requirements;
2. General Corporate Purposes.

Vanta Bioscience IPO Details

IPO Opening Date	Sep 25, 2017
IPO Closing Date	Sep 27, 2017
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹50 per equity share
Market Lot	3000 Shares
Min Order Quantity	3000 Shares
Listing At	BSE SME
Issue Size	1,512,000 Eq Shares of ₹10 (aggregating up to ₹7.56 Cr)

Vanta Bioscience IPO Lot Size

The Vanta Bioscience IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹150,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	3000	₹150,000
Maximum	1	3000	₹150,000

Vanta Bioscience IPO Subscription Status (Bidding Detail)

The Vanta Bioscience IPO is subscribed times on Sep 27, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total

Vanta Bioscience IPO Prospectus

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Vanta Bioscience IPO Rating

3.7

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Vanta Bioscience IPO Listing Date

Listing Date	Friday, October 6, 2017
BSE Script Code	540729
NSE Symbol
Listing In	M
ISIN	INE695X01011
IPO Price	₹50 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE SME
₹50.00
₹51.10
₹50.00
₹53.85
₹50.20
132,000

Vanta Bioscience IPO Reviews / Ratings

Dilip Davda - Avoid

Company Contact Information

Vanta Bioscience Ltd
NO 02/G/308/G, NO 3/FF/SF/1-20-248 Umajay Complex,
Rasoolpura, Secunderabad,
Hyderabad � 500 003

Phone: +91 40 6657 5454
Email: info@vantabio.com
Website: http://www.vantabio.com

Vanta Bioscience IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Vanta Bioscience IPO Lead Manager(s)

Inventure Merchant Banker Services Pvt Ltd

Lead Manager Reports

Vanta Bioscience IPO FAQs

What is Vanta Bioscience IPO?

Vanta Bioscience IPO is a SME IPO of 1,512,000 equity shares of the face value of ₹10 aggregating up to ₹7.56 Crores. The issue is priced at ₹50 per equity share. The minimum order quantity is 3000 Shares.

The IPO opens on Sep 25, 2017, and closes on Sep 27, 2017.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
When Vanta Bioscience IPO will open?

The Vanta Bioscience IPO opens on Sep 25, 2017 and closes on Sep 27, 2017.
What is the lot size of Vanta Bioscience IPO?

Vanta Bioscience IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
How to apply for Vanta Bioscience IPO?

You can apply in Vanta Bioscience IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Vanta Bioscience IPO allotment?

The finalization of Basis of Allotment for Vanta Bioscience IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vanta Bioscience IPO allotment status.
When is Vanta Bioscience IPO listing date?

The Vanta Bioscience IPO listing date is on Friday, October 6, 2017.

Vanta Bioscience IPO Message Board

Ranked Members

8. LoneRanger |Oct 3, 2017 17:08

Top Contributor (200+ Posts, 200+ Likes)

Wow, very good response from HNI and QIB.
Hope to list in premium.

8.1. STOCKT |Oct 4, 2017 01:11

lol where is good response. its in fact very low response

7. ConstrainedEPS |Sep 25, 2017 22:37

Why there is no info about P&L ? I mean they just acquired this business by paying 12 Cr without bothering about Balance Sheet ?
and now wants to sell it to public for Valuation of 28 Cr ?
I am not able to understand the valuation here ... They atleast could have just provided the past revenue / profit of the company ?
IPO euphoria h toh kuch bhi beecho bc ,.,,

6. GkRaya |Sep 14, 2017 19:42

It is mentioned that the company is based out of Iowa and Belgium. Company website has Secundarabad and Chennai addresses. Only research center is in Chennai. Is it a foreign based company and entering into Indian market? Regarding GVK, point is already raised in this forum...A clarification requested...

6.1. JS Investor |Sep 20, 2017 17:15

GVK entered into the agreement but deal couldnt go through. Post that these promoters acquired the facility in the new company and were allowed to use name Vanta by erstwhile US Promoters

5. beingshreyas |Sep 18, 2017 20:34

avoid this.

4. GkRaya |Sep 14, 2017 19:48

At the same time, profile is good

3. Rafiq |Sep 14, 2017 14:43

In simple words GVK company ne is company ko kharida tha 2014 me to yeh company kaise apna share khud bech sakti hai?

2. NPP |Sep 14, 2017 12:03

Yes ,You are right sir , I have gone through your given Website , When agreement done in 2014 As same your understanding I could not say how this company can sell equity ? If any one help who really guide , Pl help . .......

1. Rafiq |Sep 14, 2017 01:54

https://www.gvkbio.com/media/press_releases/gvk-bio-signs-definitive-agreement-to-acquire-vanta-bioscience/

When GVK bioscience signed definitive agreement, how come this company is selling their shares? Can anyone help me to understand.

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