* - Tentative Dates
The company proposes to utilize the Net Proceeds to:
Valencia Nutrition Ltd's revenue increased by 365050% and profit after tax (PAT) dropped by -90.84% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2.55 | 2.78 | 2.45 |
| Revenue | 0.64 | 1.46 | 0.00 |
| Profit After Tax | -0.55 | -1.26 | -0.66 |
| Net Worth | -1.21 | -0.67 | -0.60 |
| Total Borrowing | 2.90 | 2.18 | 0.60 |
| Amount in โน Crore | |||
Valencia Nutrition Limited was founded in April 2013. The company is an applied biotechnology start-up operating in the niche of researching, developing and commercialising high-quality, premium nutraceutical products, i.e. functional multi-nutrient beverages for the prevention and/or treatment of lifestyle-related diseases. With its healthy, nutritious and tasty beverages - 'Bounce Superdrinks' and 'Bounce Superwater VitaMe' - the company is bridging the growing gap between supply and demand for healthy products.
The company is looking for someone who is imaginative, creative, witty and can contribute with innovative ideas and software skills. The selected candidate must be a team player and will play a critical role in orchestrating and organising the social media content on platforms such as Instagram, Facebook, Twitter, LinkedIn and YouTube. The individual will be responsible for all creative work the company requires, from branding to UI/UX to poster design.
Against a challenging backdrop, including rising tensions between the US and China in the areas of trade and technology as well as the ongoing uncertainty surrounding Brexit, global economic momentum remained weak in the first half of 2019. Growth in the advanced economies came as a positive surprise, while activity in the emerging and developing economies was weaker than expected. They have been working on transforming their business over the last two years and have gone into production with a product called Bounce Superdrinks in South India.