The Balaji Valve Components 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.
