The Shivalic Power Control Limited date has been confirmed from June 24, 2024 and closes on June 26, 2024. Read the post to learn about Shivalic Power Control Limited IPO GMP.
Shivalic Power Control IPO is a book-built issue of Rs 64.32 crore. The issue is entirely a fresh issue of 64.32 lakh shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000.
Start your investing journey today. Find the latest information on SME IPOs.
Key Details Of Shivalic Power Control Limited IPO
Bidding Dates
June 24-26
Price Range
₹95 to ₹100 per share
Face Value
₹10 per share
GMP
₹170
Shivalic Power Control Limited IPO GMP
The Shivalic Power Control Limited IPO GMP is ₹170.
IPO Overview
Shivalic Power Control IPO opens for subscription on June 24, 2024, and closes on June 26, 2024. The allotment for the Shivalic Power Control IPO is expected to be finalized on Thursday, June 27, 2024. Shivalic Power Control IPO will list on NSE SME with a tentative listing date fixed for Monday, July 1, 2024. Shivalic Power Control IPO price band is set at ₹95 to ₹100 per share. The minimum lot size for an application is 1200 shares.
Shivalic Power Control Limited IPO Details
| IPO Date | June 24, 2024 to June 26, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹100 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 6,432,000 shares (aggregating up to ₹64.32 Cr) |
| Fresh Issue | 6,432,000 shares (aggregating up to ₹64.32 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,683,754 |
| Share holding post issue | 24,115,754 |
| Market Maker portion | 336,000 shares Ss Corporate Securities |
Shivalic Power Control Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 7,814.35 | 5,827.00 | 6,097.56 | 4,869.44 |
| Revenue | 6,379.16 | 8,269.39 | 5,741.44 | 5,238.00 |
| Profit After Tax | 760.11 | 716.26 | 174.79 | 67.28 |
| Net Worth | 3,063.44 | 2,303.33 | 1,587.07 | 1,412.28 |
| Reserves and Surplus | 3,110.22 | 2,350.11 | 1,633.85 | 1,459.05 |
| Total Borrowing | 3,328.94 | 899.92 | 2,722.65 | 2,393.66 |
| Amount in ₹ Lakhs | ||||
Shivalic Power Control Limited IPO Timeline
| IPO Open Date | Monday, June 24, 2024 |
| IPO Close Date | Wednesday, June 26, 2024 |
| Basis of Allotment | Thursday, June 27, 2024 |
| Initiation of Refunds | Friday, June 28, 2024 |
| Credit of Shares to Demat | Friday, June 28, 2024 |
| Listing Date | Monday, July 1, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 26, 2024 |
Company Profile
Shivalic Power Control Limited was established in 2004 and specializes in producing electric panels. Their range of products includes PCC panels, IMCC panels, smart panels, MCC panels, DG synchronization panels, outdoor panels, HT panels up to 33KV, VFD panels, power distribution boards, bus ducts, and LT and HT APFC panels. The company’s manufacturing facility is certified to meet international standards for quality management systems, environmental management systems, and occupational health and safety management systems, as per ISO 9001:2015,
ISO 14001:2015, and ISO 45001:2018.
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | [email protected] |
| Website | skylinerta.com |
Contact Details
| Name | Shivalic Power Control Limited |
| Phone number | +91–97183 88303 |
| Email ID | [email protected] |
| Website | shivalic.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Shivalic Power Control Limited IPO FAQs
What is the lot size of Shivalic Power Control IPO?
The Shivalic Power Control IPO opens on June 24, 2024 and closes on June 26, 2024.
What is the lot size of Shivalic Power Control IPO?
Shivalic Power Control IPOlot size is 1200 Shares, and the minimum amount required is ₹120,000.
When is Shivalic Power Control IPO listing date?
The Shivalic Power Control IPO listing date is not yet announced. The tentative date of Shivalic Power Control IPO listing is Monday, July 1, 2024.
