IPO

Shri Balaji Valve Components Limited IPO

BSE SME

Listed On: Jan 3, 2024 at ₹ 190.0

₹ 120000 /1200 Shares

Check Allotment

Shri Balaji Valve Components Limited IPO Details

27 Dec, 2023

Open Date

29 Dec, 2023

Close Date

01 Jan, 2024

Allotment Date

03 Jan, 2024

Listing Date

Issue Price

₹95-100 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

190.0

Listing Date

2024-01-03

Market Lot

1200 Shares (₹120,000/-)

Lead Manager

Hem Securities Limited

Issue Size

2,160,000 shares(aggregating up to ₹21.60 Cr)

Retail Portion

35%

Subscription

276.52 times

IPO Docs

DRHP RHP

Shri Balaji Valve Components Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved409,200 / 307,200716,4001,432,800
Day 1 - 27-12-23 06:00 PM4.96 / 0.89 x2.02 x2.62 x
Day 2 - 28-12-23 06:00 PM6.20 / 18.29 x16.15 x13.77 x
Day 3 - 29-12-23 06:00 PM70.04 / 800.07 x169.95 x276.52 x

Shri Balaji Valve Components Limited Valuations

Earnings Per Share (EPS)

₹10.72/-

P/E Ratio

9.33

RoNW

81.50%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Shri Balaji Valve Components Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets5,023.023,973.461,758.63
Revenue6,294.103,906.051,616.49
Profit After Tax643.15153.47-3.22

About The 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.

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Shri Balaji Valve Components Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.53%

Company Promoter(s)

  1. Laxmikant Sadashiv Kole
  2. Madhuri Laxmikant Kole
  3. Shrinivas Laxmikant Kole

Shri Balaji Valve Components Limited IPO - Issue Objectives

  1. Funding Capital Expenditure towards the installation of additional plant and machinery.
  2. To meet working capital requirements
  3. 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. The size of Shri Balaji Valve Components Limited IPO is 2,160,000 shares(aggregating up to ₹21.60 Cr).

Ans. The IPO price band is set between ₹95-100 per equity share.

Ans. To apply for Shri Balaji Valve Components Limited IPO 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 allotment status for Shri Balaji Valve Components Limited IPO here.