Virupaksha Organics Limited IPO

Virupaksha Organics Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹740.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

Business Overview

Virupaksha is an R&D-driven Indian pharmaceutical company engaged in the manufacture of active pharmaceutical ingredients (APIs) and intermediates. The Company operates across small molecule APIs, intermediates and key starting materials, and also undertakes contract development and manufacturing (CDMO) services by leveraging its research and manufacturing capabilities for third-party clients. As of March 31, 2025, its diversified portfolio comprised 54 products, including 23 APIs and 31 intermediates.

Objects of Issue

  1. Funding capital expenditure requirement for capacity expansion at the Expansion Units
  2. Prepayment &/or repayment of all or a portion of certain outstanding borrowings availed by the Company
  3. General corporate purposes

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Virupaksha IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 811.71 765.99 644.84
PAT 78.71 73.68 43.09
Net Worth 456.62 275.31 209.71
Borrowings 282.23 264.35 240.85
Assets 952.48 696.69 601.76
NAV (₹) 111.31 73.52 168.04
EPS (₹) 13.17 13.12 7.67

KPIs

EBITDA

17.77%

PAT

9.70%

ROE

21.51%

ROCE

19.12%

Debt to Equity

0.58

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

59.86%

Public

40.14%

Chandra Gangavaram 9.14%
Vedavathi Gangavaram 17.25%
Gangavaram Lakshmi 9.98%
G Sri Vidya 9.49%
Others 14.00%

Management

Chandra Gangavaram MD
Kondapalli Reddy CEO
Prasad Battinapatla CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Frequently Asked Questions

What is Virupaksha IPO?
Virupaksha IPO is a Mainboard IPO having an issue size of ₹740.00 Crs. Virupaksha IPO is priced at ₹ - ₹ per share. The issue opens on 16 Apr 26 and closes on 16 Apr 26.
When will Virupaksha IPO open?
Virupaksha IPO opens on 16 Apr 26 and closes on 16 Apr 26.
What is the GMP of Virupaksha IPO?
The estimated Grey Market Premium of Virupaksha IPO is ₹0 per share (-).
What is the lot size of Virupaksha IPO?
The minimum lot size of Virupaksha IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Virupaksha IPO?
The allotment date of Virupaksha IPO is 16 Apr 26.
What is the listing date of Virupaksha IPO?
The listing date of Virupaksha IPO is 16 Apr 26.
What is the subscription of Virupaksha IPO?
Virupaksha IPO is subscribed -.
What is the price band of Virupaksha IPO?
Virupaksha IPO is priced at ₹ - ₹ per share.
How to check allotment status of Virupaksha IPO?
Click the allotment link on Virupaksha IPO page of IPO360.
How to apply Virupaksha IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Virupaksha IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Virupaksha IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Virupaksha IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date