Shivalic Power Control Limited IPO
NSE SMEListed On: Jul 1, 2024 at ₹ 311.0
₹ 120000 /1200 Shares
Check Allotment24 Jun, 2024
Open Date26 Jun, 2024
Close Date27 Jun, 2024
Allotment Date01 Jul, 2024
Listing DateIssue Price
₹95-100 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdList Price
311.0Listing Date
2024-07-01Market Lot
1200 Shares (₹120,000/-)Lead Manager
Corporate Capitalventures Pvt LtdIssue Size
6,432,000 shares(aggregating up to ₹64.32 Cr)Retail Portion
35%Subscription
257.32 times
The IPO of Shivalic Power Control Limited is priced at ₹95-100 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Skyline Financial Services Private Ltd is the registrar of the issue.
Shivalic Power Control Limited IPO bid opening date is from Jun 24, 2024 and the bid closing date was Jun 26, 2024.
Shivalic Power Control Limited IPO allotment result will be available on Jun 27, 2024. The tentative listing date for Shivalic Power Control Limited is Jul 1, 2024.
The total issue size is 6,432,000 shares(aggregating up to ₹64.32 Cr).
Shivalic Power Control Limited IPO Subscription Details
| 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
EPS Pre IPO
₹4.05/-EPS Post IPO
₹4.20/-P/E Pre IPO
24.69P/E Post IPO
23.79ROE
28.33%ROCE
19.20%Debt/Equity
1.09RoNW
28.33%PAT Margin
11.96%Price to Book Value
5.58Shivalic Power Control Limited Company Financials All values are in ₹ Lakh
| 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 |
About The Company
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)
Pre Issue Share Holding: 96.63%
Post Issue Share Holding: 70.86%
- Mr. Amit Kanwar Jindal
- Mrs. Sapna Jindal
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
Other Details
Shivalic Power Control Limited
Plot No. 72, Sector- 68, IMT, Faridabad, Ballabgarh- 121004Skyline Financial Services Private Ltd
Shivalic Power Control Limited IPO - FAQs
Ans. Shivalic Power Control Limited IPO is a SME IPO. The issue is priced at ₹95-100 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jun 24, 2024, and closes on Jun 26, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Shivalic Power Control Limited IPO opens on Jun 24, 2024 and closes on Jun 26, 2024.
Ans. The size of Shivalic Power Control Limited IPO is 6,432,000 shares(aggregating up to ₹64.32 Cr).
Ans. The IPO price band is set between ₹95-100 per equity share.
Ans. To apply for Shivalic Power Control Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shivalic Power Control Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shivalic Power Control Limited IPO is Jun 27, 2024.
Ans. The Shivalic Power Control Limited IPO will be listed on Jul 1, 2024.
Ans. Follow the steps to check the allotment status for Shivalic Power Control Limited IPO here.
