Shivalic Power Control IPO Date, Review, Price, Allotment Details

Shivalic Power Control IPO Details: Shivalic Power Control IPO date is fixed, The IPO will open on June 24 and will close on June 26. Shivalic Power Control is a NSE SME IPO to raise ₹64.32 crores via IPO. The Shivalic Power Control IPO price band is fixed at ₹95 to ₹100 with a market lot of 1200 shares.

Shivalic Power Control IPO

Table of Contents


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.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹120,000
Retail Maximum11200₹120,000
S-HNI Minimum22400₹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
YearRevenueExpensePAT
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/

Shivalic Power Control IPO FAQs


What is Shivalic Power Control IPO?

Shivalic Power Control IPO is an NSE SME IPO. They are going to raise ₹64.32 Crores via IPO. The issue is priced at ₹95 to ₹100 per equity share. The IPO is to be listed on NSE.

When Shivalic Power Control IPO will open?

The IPO is to open on June 24, 2024 for QIB, NII, and Retail Investors.

What is Shivalic Power Control IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Shivalic Power Control IPO?

You can apply Shivalic Power Control IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Shivalic Power Control 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 “Shivalic Power Control”. 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 Shivalic Power Control IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Shivalic Power Control”. 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 Shivalic Power Control IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Shivalic Power Control”. 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.

What is Shivalic Power Control IPO Size?

Shivalic Power Control IPO size is ₹₹64.32 crores.

What is Shivalic Power Control IPO Price Band?

Shivalic Power Control IPO Price Band is ₹95 to ₹100 per equity share.

What is Shivalic Power Control IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹120,000.

What is Shivalic Power Control IPO Allotment Date?

Shivalic Power Control IPO allotment date is June 27, 2024.

What is Shivalic Power Control IPO Listing Date?

Shivalic Power Control IPO listing date is July 1, 2024. The IPO to list on NSE SME.

Note: The Shivalic Power Control IPO details are announced officially. The IPO grey market premium (Shivalic Power Control IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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