Shivalic Power Control Limited IPO

Shivalic Power Control Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹95–₹100 per share. The stock debuted at ₹311, delivering a listing gain of 211.0%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,20,000.

Shivalic Power Control Limited IPO

NSE SME Listed
₹1,20,000 (1200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jun 24, 2024 – Jun 26, 2024
Price band
₹95-100 per equity share
Minimum Investment
₹1,20,000
Issue size
₹64.32 Cr
Lot size
1200
Allotment Date
Jun 27, 2024
Listing
Jul 1, 2024
Listing At
NSE SME

IPO timeline

  1. Jun 24, 2024

    Open Date

    Completed

  2. Jun 26, 2024

    Close Date

    Completed

  3. Jun 27, 2024

    Allotment Date

    Completed

  4. Jul 1, 2024

    Listing Date

    Completed

Shivalic Power Control Limited IPO Essentials

Shivalic Power Control Limited IPO Details

Shivalic Power Control Limited IPO is priced at ₹95-100 per share with a total issue size of 64.32 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.

Issue price
₹95-100 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share
Issue size
6,432,000 shares(aggregating up to ₹64.32 Cr)
Total issue size
64,32,000 shares
(aggregating up to ₹64.32 crore)
Fresh issue
64,32,000 shares
(aggregating up to ₹64.32 crore)
Listing at
NSE SME
List price
311.0
Listing date
Registrar
Skyline Financial Services Private Ltd
Lead manager
Corporate Capitalventures Pvt Ltd

Market Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1200 ₹1,20,000
Retail(max) 1 1200 ₹1,20,000
NII (min) 2 2,400 ₹2,40,000

Shivalic Power Control Limited IPO Documents

Shivalic Power Control Limited IPO Reservation

Shivalic Power Control Limited IPO reservation details show category-wise allocation of shares. Out of the total 6,432,000 shares, approximately 18.96% are reserved for QIB, 14.22% for NII, 33.17% for retail investors, 5.22% for market maker, and 28.43% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1,828,800 (28.43%)
Market Maker Shares Offered 336,000 (5.22%)
QIB Shares Offered 1,219,200 (18.96%)
NII (HNI) Shares Offered 914,400 (14.22%)
Retail Shares Offered 2,133,600 (33.17%)
Total Shares Offered 6,432,000 (100%)

Shivalic Power Control Limited IPO Analytics

Shivalic Power Control Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Shivalic Power Control Limited IPO Subscription Status

Shivalic Power Control Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 1,219,200 / 914,400 2,133,600 4,267,000
Day 1 24-06-24 06:00 PM
(1.41 / 5.65) x 14.17 x 8.70 x
Day 2 25-06-24 06:00 PM
(4.29 / 38.85) x 70.59 x 44.84 x
Day 3 26-06-24 06:00 PM
(170.32 / 436.74) x 230.14 x 257.32 x

Shivalic Power Control Limited Valuations

Earnings

EPS Pre IPO
₹4.05/-
EPS Post IPO
₹4.20/-
P/E Pre IPO
24.69
P/E Post IPO
23.79

Returns

ROE
28.33%
ROCE
19.20%
RoNW
28.33%
PAT Margin
11.96%

Fundamentals

Debt / Equity
1.09
Price / Book
5.58

Data sourced from DRHP / RHP • For educational purposes only

Shivalic Power Control Limited Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 5,827.00 6,097.56 4,869.44
Revenue 8,269.39 5,741.44 5,238.00
Profit After Tax 716.26 174.79 67.28
Net Worth 2,303.33 1,587.07 1,412.28
Reserves & Surplus 2,350.11 1,633.85 1,459.05
Total Borrowing 899.92 2,722.65 2,393.66

Shivalic Power Control Limited Company & Offer Insights

About Shivalic Power Control Limited

Shivalic Power Control Limited has been started since 2004 and they produce electric panels. The major list of its product portfolio features: PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronization panels, Outdoor panels, HT panels up to 33KV, VFD panels, Power distribution boards, bus duct, LT and HT APFC panels, among others.

Industry majors like L&T, Siemens, Schneider Electric, and TDK sanction the company to manufacture fully type-tested panels as per IEC 61439 - 1&2, IEC 61641, and IS1893.

The company manufactures 11kv and 33kv of HT Panels.

The company serves these panels to more than 15 industrial sectors in India as well as outside India, including Nepal, Bangladesh, and African countries such as Uganda, Kenya, Nigeria, and Algeria.

The manufacturing plant of the company is certified towards international standards relating to quality management system, environmental management system, and occupational health and safety management systems as stipulated in ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018.

The company has a manufacturing plant in Faridabad, Ballabgarh, Haryana and has the ability to produce 10,000 verticals a year.

As of December 31, 2023, the company has a total of 180 employees working in various positions.

Shivalic Power Control Limited Promoter(s)

Mr. Amit Kanwar Jindal, Mrs. Sapna Jindal are the company's promoters of Shivalic Power Control Limited.

Shivalic Power Control Limited IPO Issue Objectives

To meet the working capital requirements of the company.
To meet the capital expenditure of the company.
Funding for procurement of new machinery.
Civil construction of warehouse by shedding the roof.
To meet out the inorganic growth through unidentified acquisition for the Company
General Corporate Expenses

Shivalic Power Control Limited IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Shivalic Power Control Limited 4.19 4.19 17.93 N/A 36.82 5.58 Standalone
Saakshi Medtech And Panels Limited 9.53 9.53 32.49 N/A 29.32 N/A Standalone
Marine Electricals (India) Limited 1.59 1.56 14.68 22.54 10.83 N/A Standalone

Notes:

  1. The P/E Ratio for listed peers has been computed based on available financial data.
  2. Return on Net Worth (%) is calculated as Net Profit After Tax divided by Total Equity as on March 31, 2023.
  3. NAV per share is computed as Total Equity divided by the number of outstanding equity shares as of March 31, 2023.

Contact Information

Contact Details

Shivalic Power Control Limited

+91–97183 88303

compliance@shivalic.com

https://shivalic.com/

Plot No. 72, Sector- 68, IMT, Faridabad, Ballabgarh- 121004

Registrar Contact Details

Skyline Financial Services Private Ltd

02228511022

ipo@skylinerta.com

https://www.skylinerta.com/ipo.php

Frequently Asked Questions

Click any question to reveal the answer

Shivalic Power Control Limited IPO is a book-built IPO worth ₹64.32 crore. The price band is ₹95–₹100 per share. The IPO opens on Jun 24, 2024 and closes on Jun 26, 2024. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.

The price band of Shivalic Power Control Limited IPO is ₹95 to ₹100 per share.

The lot size of Shivalic Power Control Limited IPO is 1200 shares.

The minimum investment for Shivalic Power Control Limited IPO is approximately ₹1,20,000 based on the upper price band .

Shivalic Power Control Limited IPO opens on Jun 24, 2024 and closes on Jun 26, 2024.

The allotment date of Shivalic Power Control Limited IPO is Jun 27, 2024.

Shivalic Power Control Limited IPO is expected to be listed on Jul 1, 2024, on NSE SME Platform.

Shivalic Power Control Limited IPO valuation snapshot: P/E 23.79, EPS ₹4.20/-, P/B 5.58, RoNW 28.33%, and market cap N/A.

To apply for Shivalic Power Control Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Shivalic Power Control Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Shivalic Power Control Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Shivalic Power Control Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shivalic Power Control Limited IPO allotment status on IPO Ji for quick and easy access.