Shivalic Power Control Limited IPO
NSE SMEListed On: Jul 1, 2024 at ₹ 311.0
₹ 240000 /2400 Shares
*Min Investment
24 Jun, 2024
Open Date26 Jun, 2024
Close Date27 Jun, 2024
Allotment Date01 Jul, 2024
Listing DateShivalic Power Control Limited IPO Issue Details
- Issue Price ₹95-100 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 64,32,000 shares(aggregating up to ₹64.32 crore)
- Fresh Share 64,32,000 shares(aggregating up to ₹64.32 crore)
- Listing at NSE SME
- List Price 311.0
- Listing Date 2024-07-01
- Lead Manager Corporate Capitalventures Pvt Ltd
- Registrar Skyline Financial Services Private 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 Reservation
Shivalic Power Control Limited IPO offers total 6,432,000 shares. Out of which 1,219,200 (18.96%) allocated to QIB, 914,400 (14.22%) allocated to NII,2,133,600 (33.17%) allocated to RII, NA (NA%) allocated to employees and 1,828,800 (28.43%) allocated to 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 Details
Shivalic Power Control Limited IPO is an SME IPO, priced at ₹95-100 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 64,32,000 equity shares, aggregating up to ₹64.32 crores..
The IPO bidding window is open from Jun 24, 2024 to Jun 26, 2024. The allotment is expected to be finalized on Jun 27, 2024, and the tentative listing date is Jul 1, 2024.
The minimum lot size for Retail investors is 1200 shares, with a minimum investment of ₹1,20,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,40,000.
Corporate Capitalventures Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Ss Corporate Securities Limited will act as the market maker for this issue.
Shivalic Power Control Limited IPO Subscription Analysis And 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
Shivalic Power Control Limited Company Financials
| 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 Shivalic Power Control Limited 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)
Mr. Amit Kanwar Jindal
Mrs. Sapna Jindal
Pre Issue Share Holding : 96.63%
Post Issue Share Holding : 70.86%
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:
- The P/E Ratio for listed peers has been computed based on available financial data.
- Return on Net Worth (%) is calculated as Net Profit After Tax divided by Total Equity as on March 31, 2023.
- NAV per share is computed as Total Equity divided by the number of outstanding equity shares as of March 31, 2023.
Contact Details
Shivalic Power Control Limited
Plot No. 72, Sector- 68, IMT, Faridabad, Ballabgarh- 121004
+91–97183 88303
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Shivalic Power Control Limited IPO is 6,432,000 shares(aggregating up to ₹64.32 Cr).
Ans. The Shivalic Power Control Limited IPO price band is set between ₹95-100 per equity share.
Ans. To apply for Shivalic Power Control Limited 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 Shivalic Power Control Limited IPO allotment status online.
