Balaji Valve Components IPO Subscription Status – IPO Closed

Vijay Prajapati
December 29, 2023

Vijay Prajapati

Balaji Valve Components IPO subscription status started on Wednesday December 27, 2023 and will close on December 29, 2023. Balaji Valve Components IPO to raise around ₹21.60 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹95 to ₹100 per equity share.

The Balaji Valve Compone nts IPO minimum market lot is 1200 shares with ₹120,400 application amount. The Balaji Valve Components IPO is a BSE SME IPO, and it is to be listed on BSE.

Shri Balaji Valve Components is into machining of components and delivering ‘Ready to assemble’ valve components according to customers designs and specifications. Currently, the company is operating from its 2 manufacturing facilities located in Pune, Maharashtra. One of their manufacturing facilities is located at Bhosari, Pune which is equipped with the forging capabilities and heat treatment capabilities, the second manufacturing facility is located at Chakan MIDC, Bhamboli, Pune which undertakes the machining work. Most of their valves components are made as per the requirements specified by their customers’.

IPOWatch View

We recommend investors may apply for an IPO with Caution (Avoid). Investors should also look at the QIB, NII, and Retail numbers before investing.

Balaji Valve Components IPO Subscription Status – Day 3

IPO Category	Subscription Numbers
QIB	70.04
NII	799.70
RII	169.93
Total	276.43

Balaji Valve Components IPO Investor Categories

Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
Retail Individual Investors (RII): Retail Individual Investors or NRIs
Employee (EMP): Eligible Employees
Others: Eligible Shareholders

Balaji Valve Components IPO Review

Avoid

Balaji Valve Components IPO Form

How to apply for the Balaji Valve Components IPO? You can apply for Balaji Valve Components IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Balaji Valve Components IPO in the Invest section. The other option is you can apply for Balaji Valve Components IPO via IPO forms downloaded online. Check out the Balaji Valve Components forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Balaji Valve Components IPO Subscription Status FAQs:

When Balaji Valve Components IPO Subscription will start?

The IPO subscription starts on December 27, 2023 for NII, QIB and Retail Investors.

How to subscribe Balaji Valve Components IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Balaji Valve Components IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Balaji Valve Components IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Balaji Valve Components “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Balaji Valve Components IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Balaji Valve Components “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Balaji Valve Components IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Balaji Valve Components ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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