(News Bulletin 247) – The specialist in natural ingredients for the food and cosmetics industry is taking a break the day after an inaugural session in the green.

One step forward and two steps back. Vinpai suffered profit taking and lost more than 13% around 5.85 euros Thursday morning, around 10:50 a.m. on Euronext Growth, the small and mid-cap compartment.

These profit takings on the title of the specialist in natural ingredients for the food and cosmetics industry come the day after a first day of convincing trading. Vinpai ended up 3.05% to 6.75 euros on Wednesday evening after gaining up to 17.55% to 7.70 euros, compared with an IPO price set at 6.55 euros.

7 million euros raised

The company founded in 2011 announced the success of its IPO at the end of last week. On this occasion, Vinpai had then raised a total of 7 million euros, ie the maximum amount envisaged for this operation.

The company will use the funds raised in part to finance working capital requirements, and to repay debts contracted before the IPO. The rest will be dedicated to investment expenditure in the industrial tool, in order to support the increase in volumes, to the reinforcement of the commercial teams and to the financing of research and development.

Vinpai thus hopes to achieve a turnover close to 16 million euros in 2025 and to achieve at the same time an EBITDA margin (gross operating surplus) of more than 10% by this deadline, “driven by strong and lasting consumption trends and clear strategic axes to accelerate its commercial conquest.”