Shivalic Power Control Limited IPO

NSE SME

Listed On: Jul 1, 2024 at ₹ 311.0

₹ 120000 /1200 Shares

Check Allotment

Shivalic Power Control Limited IPO Details

24 Jun, 2024

Open Date

26 Jun, 2024

Close Date

27 Jun, 2024

Allotment Date

01 Jul, 2024

Listing Date

Issue Price

₹95-100 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

311.0

Listing Date

2024-07-01

Market Lot

1200 Shares (₹120,000/-)

Lead Manager

Corporate Capitalventures Pvt Ltd

Issue Size

6,432,000 shares(aggregating up to ₹64.32 Cr)

Retail Portion

35%

Subscription

257.32 times

IPO Docs

DRHP RHP

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

Total No. of Applications: 4,09,196 (Approx)

Shivalic Power Control Limited Valuations

EPS Pre IPO

₹4.05/-

EPS Post IPO

₹4.20/-

P/E Pre IPO

24.69

P/E Post IPO

23.79

RoNW

28.33%

Shivalic 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

About The Company

Shivalic Power Control Limited manufactures electric panels. The product portfolio of the company includes PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronisation panels, Outdoor panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Duct and LT & HT APFC Panels.

Industry leaders such as L&T, Siemens, Schneider Electric, and TDK authorize 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 serve 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 company's manufacturing facility has been certified to meet international standards for quality management systems, environmental management systems, and occupational health and safety management systems, as outlined in ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018.

The company's manufacturing unit is located in Faridabad, Ballabgarh, Haryana, and has a production capacity of 10,000 verticals per annum.

As of December 31, 2023, the company has a total of 180 employees.

Shivalic Power Control Limited - Promoter(s)

Pre Issue Share Holding: 96.63%

Post Issue Share Holding: 70.86%

Company Promoter(s)

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

Company Contact Details

Shivalic Power Control Limited

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

Phone: +91–97183 88303

Email: compliance@shivalic.com

Website: https://shivalic.com/

Registrar Contact Details

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

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

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.