VLCC Health Care Limited IPO Company Profile:
VLCC is one of the leading Wellness and Beauty products and Service Company while sells its products from both online and off line channels. This company is located all over India and also expanding into global Markets like South Asia, South East Asia, the Gulf Cooperation Council Region and East Africa.
VLCC caters to mid Income segment which is growing in India and this segment of beauty product and wellness is gaining traction in India. In the Fiscal 2021, the company reported a total income of Rs 565 crore which saw a degrowth from last year due to covid, but reported profit of Rs 6.24 crore, with an EBITDA of Rs 150 crore as they have improved their EBITDA margin from 19.1% to 26.6% from last year.
VLCC Health Care Limited IPO Objective:
- Investment for brand development;
- Investment in digital and information technology infrastructure
- General corporate purposes
Positive Outlook of the firm:
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VLCC is a leader in the Indian beauty and wellness industry by market share.
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VLCC has the largest scale and breadth of operations within the beauty and wellness services industry in India.
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It has a D/E of 0.91 which would be seen as a relatively safe.
Promoters of the company:
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Vandana Luthra is the promoter of the company.
VLCC Health Care Limited IPO Shareholding Pattern:
| Particulars | Pre-Issue |
| Promoters & Promoters Group | 82.38% |
| Public | 16.31% |
VLCC Health Care Limited IPO Details :
| Issue Size (Value) | 389.22 Cr |
| Face Value | Rs. 10 |
| Issue price | |
| Minimum lot | |
| Market Lot | |
| Stock Exchange | |
| QIB Portion | 75% |
| NIB Portion | 15% |
| Retail Portion | 10% |
| Fresh Issue | 300 Cr |
| Offer for Sale | 89.22 Cr |
VLCC Health Care Limited IPO Financials:
| Particulars (in Rs. Cr.) | As at/ for the year ended March 31, 2021 | As at/ for the year ended March 31, 2020 | As at/ for the year ended March 31, 2019 |
| Net Worth | 709.65 | 661.01 | 732.17 |
| Total revenue | 565.24 | 775.02 | 861.30 |
| Net Profit after tax | 6.2 | (15.4) | (48.68) |
| Net cash inflow/ (outflows) | 121.4 | 117.1 | 174.5 |
Lead Manager Details
- ICICI Securities Limited
ICICI Centre, H.T. Parekh Marg Churchgate, Mumbai 400 020 Maharashtra, India
Telephone: +91 22 2288 2460
E-mail: vlcc.ipo@icicisecurities.com
Investor Grievance ID: customercare@icicisecurities.com
Website: www.icicisecurities.com
Contact Person: Anurag Byas/ Kristina Dias
SEBI Registration Number: INM000011179
- DAM Capital Advisors Limited
(Formerly IDFC Securities Limited)
One BKC, Tower C, 15th Floor, Unit No. 1511 Bandra Kurla Complex, Bandra (East) Mumbai 400 051 Maharashtra, India
Telephone: +91 22 4202 2500
E – mail: vlcc.ipo@damcapital.in
Investor Grievance ID: complaint@damcapital.in
Website: www.damcapital.in
Contact Person: Chandresh Sharma
SEBI Registration Number: MB/INM000011336
- IIFL Securities Limited
10th Floor, IIFL Centre Kamala City, Senapati Bapat Marg Lower Parel (West), Mumbai 400 013 Maharashtra, India
Telephone: +91 22 4646 4600
E-mail: vlcc.ipo@iiflcap.com
Investor Grievance ID: ig.ib@iiflcap.com
Website: www.iiflcap.com
Contact Person: Pinkesh Soni/ Dhruv Bhagwat
SEBI Registration Number: INM000010940