Valencia India Limited (BSE SME)
June 26, 2025 – June 30, 2025
| Price | ₹95 - ₹110 |
| Premium | ₹0 |
|---|---|
| Lot size | 1200 |
| Allotment | Jul 1, 2025 |
| Listing | Jul 3, 2025 |
Subscription
Last updated on 30-Jun-2025 17:04:03
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 422400 | 538800 | 1.28 |
| HNIs | 1141200 | 1390800 | 1.22 |
| Retail | 2662800 | 3494400 | 1.31 |
| Total | 4226400 | 5424000 | 1.28 |
| Total Applications: 3048 | |||
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.2 | @8% ₹0.2 | @9% ₹0.2 | @10% ₹0.3 | @11% ₹0.3 | @12% ₹0.3 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.2 | @8% ₹0.2 | @9% ₹0.2 | @10% ₹0.3 | @11% ₹0.3 | @12% ₹0.3 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 1200 | 132000 | 2219 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 59.84% | 2662800 |
| NII (HNI) | 25.65% | 1141200 |
| QIB | 9.49% | 422400 |
| Market Maker | 5.02% | 223200 |
| Total | 100.00% | 4449600 |
Valencia India IPO Details
| Issue Size | 44,49,600 shares (aggregating up to ₹48.95 Cr) |
| Fresh Issue | 39,99,600 shares (aggregating up to ₹44.00 Cr) |
| Offer for Sale | 4,50,000 shares of ₹10 (aggregating up to ₹4.95 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 90,00,000 shares |
| Share Holding Post Issue | 1,29,99,600 shares |
Key Performance Indicator (KPI)
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 15.44% | 37.07% | 56.65% |
| ROCE | 18.63% | 28.36% | 21.28% |
| D/E | 0.11 | 0.16 | 2.76 |
| RONW | 19.11% | 21.08% | 44.15% |
| EPS (basic) | 1.71 | 2.16 | 0.62 |
| P/E Pre IPO | 51.02 | ||
| P/E Post IPO | 69.63 |
Company Financials
| Period | Dec 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Assets | 13.83 | 12.07 | 6.26 | 4.85 |
| Revenue | 5.56 | 7.11 | 5.23 | 4.19 |
| Profit | 1.54 | 1.94 | 0.56 | 0.25 |
| EBITDA | 2.51 | 3.07 | 1.07 | 0.48 |
| Net Worth | 10.48 | 9.21 | 1.27 | 0.71 |
| Reserves | 1.75 | 9.18 | 1.26 | 0.70 |
| Borrowing | 1.15 | 1.47 | 3.49 | 2.17 |
Company Profile
Incorporation Year: 2017
Business Type: Diversified Conglomerate
Operations: India & Overseas
Employee Strength: 19 (as of May 30, 2025)
Business Segments
Real Estate & Construction
Focus: Residential (apartments, bungalows), Commercial (malls, offices), Multiplexes.
Projects: Emphasis on luxury and amenities (e.g., Valencia Abu).
Global Trade (Export/Import)
Food & Non-Food Products: Supply chain services across international markets.
FMCG, Agro, Dairy Commodities: Trading operations, especially in the Middle East.
Hospitality & Resorts
Leased Club Facility: 35,000 sq. ft. property (since 2017) with:
Villas, restaurants, gym, spa.
Event hosting (weddings, corporate events, parties).
9-Year Lease Agreement (2019): Includes 18-month lock-in period.
IPO Objectives
Development of 15 Villas & Club House (₹37.42 Cr)
Focus Area: Expansion of luxury hospitality and real estate assets.
Strategic Rationale:
Revenue Diversification: Villas and clubhouses generate high-margin revenue through rentals, events, and memberships.
Brand Premium: Aligns with competitive strength in "luxury amenities" (Valencia Abu model).
RCI Affiliation: Potential to attract international tourists via timeshare partnerships.
Location: Likely near existing leased properties (e.g., 35,000 sq. ft. club) for synergy.
Strength
Integrated Luxury Ecosystem – Synergy across premium real‑estate, upscale hospitality, and bespoke events lets the company cross‑sell offerings and capture high‑margin, high‑end clientele under one brand umbrella.
Strategic Prestige Locations – Flagship properties like Valencia Abu anchor the portfolio in sought‑after destinations, driving price resilience, strong occupancy, and sustained brand allure.
Curated Guest Experience Network – RCI affiliation plus a track record in elite social & corporate events create a differentiated, experience‑driven value proposition that boosts repeat business and word‑of‑mouth growth.
Weakness
It looks like Avoid this ipo
Lease Dependency Risk – Termination of the lease with Club Mahindra post the 5-year lock-in could significantly impact revenue and profitability, given reliance on this strategic asset.
Inventory Mismatch – Oversupply of rooms can strain operating margins, while undersupply may limit growth and damage member satisfaction due to unavailability during peak periods.
Member Experience Risk – Poor coordination of vacation bookings for members and affiliates could lead to dissatisfaction, cancellations, and reputational harm.
Lead Manager(s)
Address
Unit No. 927, Gala Empire,
Opp. Doordarshan Tower, Drive In road,
Thaltej Road,
Ahmedabad, Gujarat, 380054
Phone: 079-49258786
Email: cs@valenciaindia.in
Website: http://www.valenciaindia.in/