Meson Valves India’s initial public offering (IPO) date has been announced; it will begin on September 8 and end on September 12. Meson Valves India will conduct a BSE SME IPO to raise $31.19 crore. With a market lot of 1200 shares, the price range for the Meson Valves India IPO is defined at 102.
Meson Valves India Limited is in the business of supplying industries in both domestic and foreign markets with valves, actuators, strainers, and remote-control valve systems. On both domestic and foreign markets, they primarily supply the naval, oil and gas, power, refineries, and general sectors. The Company is in the business of assembling, purchasing, selling, distributing, importing, exporting, or dealing in other ways with products including valves, actuators, remote control systems, control cabinets, tanks,
visualization systems, pipelines, pumps, fittings, gaskets, flanges, and measuring equipment. Additionally, they deal with the installation, upkeep, servicing, and general handling of tools and services that manage and regulate all goods, including valves, actuators, control cabinets, tanks, visualization systems, pipelines, pumps, fittings, gaskets, flanges, and measuring equipment.
Based on purchases made for the financial years ended March 31, 2023, 2022, and 2022, they obtain our products for further assembly and supply from countries all over the world, including Denmark, Germany, Poland, South Korea, Netherlands, Sweden, Turkey, and United Arab Emirates. In the domestic market, they obtain our products from states including Goa, Gujarat, Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh, Dadra and Nagar Haveli, Delhi, and Telangana.
Meson Valves India IPO Date & Price Band Details
| IPO Open: | September 8, 2023 |
| IPO Close: | September 12, 2023 |
| IPO Size: | Approx ₹31.09 Crores, 3,048,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹102 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
Objects of the Issue:
- Purchase of Plant and Machinery for setting up a Manufacturing unit
- funding, working capital requirements, and general corporate purposes.
Meson Valves India IPO Review
- To be updated soon
Meson Valves India IPO Market Lot
The Meson Valves India IPO minimum market lot is 1200 shares with a ₹122,400 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹122,400 |
| Retail Maximum | 1 | 1200 | ₹122,400 |
| S-HNI Minimum | 2 | 2400 | ₹244,800 |
Meson Valves India IPO Dates
The Meson Valves India IPO date is September 8, and the IPO close date is September 12. The IPO allotment date is September 15, and the IPO might list on September 21.
| IPO Open Date: | September 8, 2023 |
| IPO Close Date: | September 12, 2023 |
| Basis of Allotment: | September 15, 2023 |
| Refunds: | September 18, 2023 |
| Credit to Demat Account: | September 20, 2023 |
| IPO Listing Date: | September 21, 2023 |
Meson Valves India IPO Form
How to apply Meson Valves India IPO? –> Apply for the Meson Valves India IPO using the ASBA that is already in your bank account. Simply choose the Meson Valves India IPO under the Invest area of the online bank login and apply via your bank account. The alternative is to apply for the Meson Valves India IPO by downloading the forms from the BSE website.
Meson Valves India Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹15.42 | ₹15.22 | ₹0.12 |
| 2022 | ₹14.32 | ₹11.33 | ₹2.13 |
| 2023 | ₹37.19 | ₹30.99 | ₹4.52 |
Meson Valves India IPO Valuation: FY2023
Check Meson Valves India IPO valuation details like Earning Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.59 per Equity Share |
| Price/Earning P/E Ratio: | 15.47 |
| Return on Net Worth (RoNW): | 24.46% |
| Net Asset Value (NAV): | ₹38.47 per Equity Share |
Peer Group
- NA
Meson Valves India IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com
Company Address
Meson Valves India Limited
Plot No. L-45, First Floor,
Software Technology Park, Verna Industrial Estate,
Salcete, Verna (403722)
Phone: 08322954198
Email: [email protected]
Website: https://mvi.ltd
Company Promoters
- Mr. Brijesh Madhav Manerikar
- Mr. Swaroop Raghuvir Natekar
- Mr. Vivekanand Maruti Redekar
- India Futuristic Marine Private Limited
Meson Valves India IPO Lead Managers aka Merchant Bankers
- Shreni Shares Private Limited
Meson Valves India IPO FAQs:
Q1. What is Meson Valves India IPO?
Ans. Meson Valves India IPO is a BSE SME IPO. They are going to raise ₹31.09 crore via IPO. The issue is priced at ₹102 per equity share. The IPO is to be listed on the BSE.
Q2. When will the Meson Valves India IPO open?
Ans. The IPO is to open on September 8, 2023, for QIB, NII, and Retail Investors.
Q3. What is Meson Valves India IPO Investors Portion?
Ans. The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.
Q4. How do I apply for the Meson Valves India IPO?
Ans. You can apply for the Meson Valves India 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 broker by filling out the offline form.
Q5. How do I apply for the Meson Valves India IPO through Zerodha?
Ans. Log in to the console on the Zerodha Website or in the application. Go to Portfolio and Click on IPO. You will see the IPO Name “Meson Valves India”. Click on the bid button. Enter your UPI ID, Quantity, and Price. Submit the IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a demat account with Zerodha.
Q6. How do I apply for the Meson Valves India IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Meson Valves India”. Click on the bid button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Upstox.
Q7. How do I apply for the Meson Valves India IPO through Paytm Money?
Ans. Log in to the Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Meson Valves India”. Click on the bid button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a demat account with Paytm Money.
Q8. What is Meson Valves India IPO Size?
Ans. Meson Valves India IPO size is ₹31.09 crore.
Q9. What is the Meson Valves India IPO Price Band?
Ans. Meson Valves India IPO Price Band is ₹102 per equity share.
Q10. What is Meson Valves India IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1200 shares with ₹122,400.
Q11. What is Meson Valves India IPO Allotment Date?
Ans. Meson Valves India IPO allotment date is September 15, 2023.
Q12. What is Meson Valves India IPO Listing Date?
Ans. Meson Valves India IPO listing date is September 21, 2023. The IPO to list on BSE SME.
