The Balaji Valve Components IPO date has been confirmed from December 27, 2023 and closes on December 29, 2023. Read the post to learn about Balaji Valve Components IPO GMP.
Balaji Valve Components IPO seeks to raise Rs 21.60 crores through an IPO. Its price band is set at ₹ 95 to ₹ 100 per share. The minimal lot size for an operation is 1200 Shares. The minimal quantum of investment needed by retail investors is ₹ 120,000. The minimal lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹ 240,000.
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Key Details Of Balaji Valve Components IPO:
Bidding Dates
December 27-29
Price Range
₹95 to ₹100 per share
Face Value
₹10 per share
GMP
₹0
Balaji Valve Components IPO GMP
The Balaji Valve Components Limited IPO GMP Today is ₹0.
Balaji Valve Components IPO Overview
The Balaji Valve Components IPO is a book-erected immolation for Rs 21.60 crores. It is an entirely new issue of 21.6 lakh shares. Balaji Valve Components ’ original public immolation( IPO) begins on December 27, 2023, and concludes on December 29, 2023. The Balaji Valve Components IPO allotment is anticipated to be completed on Monday, January 1, 2024. Balaji Valve Components ’ original public immolation( IPO) will be listed on the BSE SME on Wednesday, January 3, 2024.
The IPO price range for Balaji Valve Components is set at 95 to 100 per share. A minimal lot size of 1200 Shares is needed for an operation. Retail investors must make a minimal investment of ₹ 120,000 to share. For HNI, the minimal lot size investment is 2 lots( 2,400 shares) totalling ₹ 240,000. As of June 30, 2023, the company employed 168 people. When the manufacturers want further backing, the pot engages in contract labour.
Balaji Valve Components IPO Details
| IPO Date | December 27, 2023 to December 29, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹100 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 2,160,000 shares (aggregating up to ₹21.60 Cr) |
| Fresh Issue | 2,160,000 shares (aggregating up to ₹21.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 6,000,000 |
| Share holding post issue | 8,160,000 |
| Market Maker portion | 114,000 shares |
Shri Balaji Valve Component Limited Financial Information
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 5,132.00 | 5,023.02 | 3,973.46 | 1,758.63 |
| Revenue | 1,654.64 | 6,294.10 | 3,906.05 | 1,616.49 |
| Profit After Tax | 184.84 | 643.15 | 153.47 | -3.22 |
| Net Worth | 975.66 | 789.14 | 144.64 | -10.85 |
| Reserves and Surplus | 377.01 | 790.85 | 147.70 | -5.77 |
| Total Borrowing | 2,879.49 | 2,877.99 | 2,799.71 | 1,399.54 |
Balaji Valve Components IPO Timeline
| IPO Open Date | Wednesday, December 27, 2023 |
| IPO Close Date | Friday, December 29, 2023 |
| Basis of Allotment | Monday, January 1, 2024 |
| Initiation of Refunds | Tuesday, January 2, 2024 |
| Credit of Shares to Demat | Tuesday, January 2, 2024 |
| Listing Date | Wednesday, January 3, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 29, 2023 |
Company Profile
Shri Balaji Valve Components Ltd., innovated in November 2011, manufactures stopcock factors for ball faucets, butterfly faucets, and other faucets, including forged particulars. The company’s stopcock factors include balls, spindles, stopcock bodies, anchorages, trunnions, flanges, jackets, rings, shafts, hoods, discs, and sleeves. These corridor are set up in various faucets, including ball faucets, butterfly faucets, control faucets, gate faucets, and check faucets. In Pune, Maharashtra, the company operates two product shops. These shops have forging, hotting, and machining outfits and installations.
Forging and heat treatment are available at one of the shops at Bhosari, Pune. The other unit in Chakan MIDC, Bhamboli, Pune, handles the machining. The company provides a different selection of products, allowing it to serve a vast client base across India. likewise, the organisation has expanded its operations to transnational places like Dubai, Germany, Singapore, Taiwan, Italy, South Africa, the United States, the United Kingdom, Qatar, and Pennsylvania.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Shri Balaji Valve Components Limited |
| Phone number | +91 97655 65409 |
| Email ID | [email protected] |
| Website | balajivalvecomponents.com |
IPO Strengths
- 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.
Balaji Valve Components IPO FAQs
When Balaji Valve Components IPO will open?
The Balaji Valve Components IPO opens on December 27, 2023 and closes on December 29, 2023.
What is the lot size of Balaji Valve Components IPO?
Balaji Valve Components IPO lot size is 1200 Shares, and the minimum amount required is ₹120,000.
When is Balaji Valve Components IPO listing date?
The Balaji Valve Components IPO listing date is not yet announced. The tentative date of Balaji Valve Components IPO listing is Wednesday, January 3, 2024.
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