Shivalic Power Control Limited is an ISO-certified LT and HT electric panel manufacturer with an operating history of 20 years. They are a technology-driven company with a strong focus on quality, design, and product development, which has allowed them to develop products suited to their customers’ requirements. Their 1,25,000 Sq. Feet of in-house manufacturing unit allowed them to manufacture a diversified range of electric panels such as 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. They are authorized by industry leaders such as L&T, Siemens, Schneider Electric, and TDK to manufacture fully type tested panels as per IEC 61439 – 1&2 ,IEC 61641, and IS1893 which they serve more than 15+ industrial Sectors in India as well as in outside India, viz, Nepal, Bangladesh, African countries such as Uganda, Kenya, Nigeria, Algeria.
The company has a dedicated team of engineers who are experts in designing and developing advanced designs that enable them to manufacture the Techno Modular Design – Fully Bolted Panels with Aluminium and Copper Bus Bar, which make them different from traditional welding panel manufacturers with a strong focus on the quality of the panel. They are buying most of the materials directly from industrial giants like L&T, Siemens, ABB, C&S, EPCOS. So far, they are serving traditional industries like FMCG, Metal, Cement, Automobile, etc. From the last year, with a team of expert engineers, designers, and other supporting staff, they have diversified our business and started serving to data center industry also.
Objects of the Issue:
- 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
Shivalic Power Control IPO Review
- May Apply
Shivalic Power Control IPO Date & Price Band Details
| IPO Open: | June 24, 2024 |
| IPO Close: | June 26, 2024 |
| IPO Size: | Approx ₹64.32 Crores, 6,432,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹95 to ₹100 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Shivalic Power Control IPO Market Lot
The Shivalic Power Control IPO minimum market lot is 1200 shares with a ₹120,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹120,000 |
| Retail Maximum | 1 | 1200 | ₹120,000 |
| S-HNI Minimum | 2 | 2400 | ₹240,000 |
Shivalic Power Control IPO Dates
The Shivalic Power Control IPO date is June 24 and the IPO close date is June 26. The IPO allotment date is June 27 and the IPO might list on July 1.
| IPO Open Date: | June 24, 2024 |
| IPO Close Date: | June 26, 2024 |
| Basis of Allotment: | June 27, 2024 |
| Refunds: | June 28, 2024 |
| Credit to Demat Account: | June 28, 2024 |
| IPO Listing Date: | July 1, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Shivalic Power Control IPO Form
How to apply Shivalic Power Control IPO? You can apply Shivalic Power Control IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shivalic Power Control IPO in the Invest section. The other option you can apply Shivalic Power Control IPO via IPO forms download via the NSE website. Check out the Shivalic Power Control forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Shivalic Power Control Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹52.38 | ₹51.27 | ₹0.67 |
| 2022 | ₹57.41 | ₹55.50 | ₹1.75 |
| 2023 | ₹82.69 | ₹73.11 | ₹7.16 |
| Dec 2023 | ₹63.79 | ₹53.50 | ₹7.60 |
Shivalic Power Control IPO Valuation – FY2023
Check Shivalic Power Control IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹71.25 per Equity Share |
| Price/Earning P/E Ratio: | 21.35 |
| Return on Net Worth (RoNW): | 36.82% |
| Net Asset Value (NAV): | ₹229.14 per Equity Share |
Peer Group
- Saakshi Medtech And Panels Limited
- Marine Electricals (India) Limited
Company Promoters
- Mr. Amit Kanwar Jindal
- Mrs. Sapna Jindal
Shivalic Power Control IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/
Shivalic Power Control IPO Allotment Status
Check Shivalic Power Control IPO allotment status on Skyline Financial website URL. Click Here
Shivalic Power Control IPO Lead Managers aka Merchant Bankers
- Corporate Capitalventures Pvt Ltd
Company Address
Shivalic Power Control Limited
Plot No. 72,
Sector- 68, IMT, Faridabad
Ballabgarh- 121004
Phone: +91–97183 88303
Email: [email protected]
Website: https://shivalic.com/
One Response
What is the exoected price per share for QIB