Shri Balaji Valve Components Limited IPO
BSE SMEListed On: Jan 3, 2024 at ₹ 190.0
₹ 240000 /2400 Shares
*Min Investment
27 Dec, 2023
Open Date29 Dec, 2023
Close Date01 Jan, 2024
Allotment Date03 Jan, 2024
Listing DateShri Balaji Valve Components Limited IPO Issue Details
- Issue Price ₹95-100 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,160,000 shares(aggregating up to ₹21.60 Cr)
- Listing at BSE SME
- List Price 190.0
- Listing Date 2024-01-03
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Pvt Ltd
Shri Balaji Valve Components Limited IPO Details
- Retail Portion 35%
Shri Balaji Valve Components Limited IPO Details
Shri Balaji Valve Components 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 BSE SME platform.
The IPO bidding window is open from Dec 27, 2023 to Dec 29, 2023. The allotment is expected to be finalized on Jan 1, 2024, and the tentative listing date is Jan 3, 2024.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Shri Balaji Valve Components Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 409,200 / 307,200 | 716,400 | 1,432,800 |
Day 1 27-12-23 06:00 PM | 4.96 / 0.89 x | 2.02 x | 2.62 x |
Day 2 28-12-23 06:00 PM | 6.20 / 18.29 x | 16.15 x | 13.77 x |
Day 3 29-12-23 06:00 PM | 70.04 / 800.07 x | 169.95 x | 276.52 x |
Shri Balaji Valve Components Limited Valuations
Shri Balaji Valve Components Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 5,023.02 | 3,973.46 | 1,758.63 |
| Revenue | 6,294.10 | 3,906.05 | 1,616.49 |
| Profit After Tax | 643.15 | 153.47 | -3.22 |
About Shri Balaji Valve Components Limited Company
Shri Balaji Valve Components Ltd. produces valve components for ball valves, butterfly valves and other valves, including forged products.
The company produces various valve components such as balls, spindles, valve bodies, ports, trunnions, flanges, housings, rings, shafts, hoods, discs and sleeves. These components are used in various types of valves such as ball valves, butterfly valves, control valves, gate valves and check valves.
The company has two manufacturing facilities in Pune, Maharashtra. These plants have machinery and facilities for forging, heating and machining materials. One plant in Bhosari, Pune, is equipped for forging and heat treatment. The other plant in Chakan MIDC, Bhamboli, Pune, is responsible for machining.
The company offers a wide range of products, enabling it to serve a large customer base across India. In addition, the company has expanded its reach to international locations such as Dubai, Germany, Singapore, Taiwan, Italy, South Africa, the US, the UK, Qatar and Pennsylvania.
As of June 30, 2023, the company has 168 employees. When additional help is needed for the factories, the company hires contract labour.
Shri Balaji Valve Components Limited - Promoter(s)
Laxmikant Sadashiv Kole
Madhuri Laxmikant Kole
Shrinivas Laxmikant Kole
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.53%
Shri Balaji Valve Components Limited IPO - Issue Objectives
Funding Capital Expenditure towards the installation of additional plant and machinery.
To meet working capital requirements
General Corporate Purpose.
Shri Balaji Valve Components Limited IPO - FAQs
Ans. Shri Balaji Valve Components 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 Dec 27, 2023, and closes on Dec 29, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Shri Balaji Valve Components Limited IPO opens on Dec 27, 2023 and closes on Dec 29, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shri Balaji Valve Components Limited IPO is 2,160,000 shares(aggregating up to ₹21.60 Cr).
Ans. The Shri Balaji Valve Components Limited IPO price band is set between ₹95-100 per equity share.
Ans. To apply for Shri Balaji Valve Components Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shri Balaji Valve Components 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 Shri Balaji Valve Components Limited IPO is Jan 1, 2024.
Ans. The Shri Balaji Valve Components Limited IPO will be listed on Jan 3, 2024.
Ans. Follow the steps to check the Shri Balaji Valve Components Limited IPO allotment status online.
