Shivalic Power Control IPO Details, Date, Allotment

Shivalic Power Control IPO: Shivalic Power Control Limited IPO is open for subscription on June 24, 2024 and closes on June 26, 2024. The allotment for the IPO is expected on June 27, 2024. Shivalic Power Control IPO will be listed on NSE SME with a listing date fixed as July 01, 2024.

Shivalic Power Control IPO is a fresh issue amounting to Rs 64.32 crores. The entire issue comprises a fresh offering of 64.32 lakh shares. The price band for the IPO is fixed at ₹95 to ₹100 per share.

Source from Shivalic Power Control IPO DRHP

Shivalic Power Control IPO Details

Open Date	June 24, 2024
Close Date	June 26, 2024
Listing Date	July 01, 2024
IPO Size	Aggregating up to ₹9.13 Cr.
Fresh Issue	64.32 lakh shares
Face Value	₹10 per share
IPO Price Band	₹95 to ₹100 per share
IPO Listing on	NSE SME
Lot Size	1200 Shares
OFS	NA
Share Offered to Retail	35%
Share Offered to QBI	50%
Share Offered to HNI	15%

Shivalic Power Control IPO Date

IPO Open Date: June 24, 2024
IPO Close Date: June 26, 2024
Allotment: June 27, 2024
Refunds: June 28, 2024
Shares Credit to Demat: June 28, 2024
Listing Date: July 01, 2024

Lot Size

Application Type	Lots	Shares	Amount (₹)
Retail (Min)	1	1200	₹120,000
Retail (Max)	1	1200	₹120,000
HNI (Min)	2	2400	₹240,000

Shivalic Power Control IPO GMP (Grey Market Premium)

If you want to know Shivalic Power Control IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.

Shivalic Power Control IPO Subscription Status

Shivalic Power Control IPO subscription starts on June 24, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.

Shivalic Power Control IPO Allotment Status

To check Shivalic Power Control IPO allotment status go to the IPO registrar website ”SKYLINE FINANCIAL SERVICES PRIVATE LIMITED” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.

Go to the Link given above.
Select the IPO Name
Enter your PAN/ DP ID/ Application No
Submit details and get the allotment status.

Know About Company

Shivalic Power Control Limited, established in 2004, specializes in making electric panels. Their range includes PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG Synchronisation Panels, Outdoor Panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Ducts, and LT & HT APFC Panels.

The company is authorized by industry leaders like L&T, Siemens, Schneider Electric, and TDK to manufacture fully tested panels meeting standards like IEC 61439-1&2, IEC 61641, and IS1893.

They produce HT Panels at 11kV and 33kV.

Shivalic serves over 15 industrial sectors in India and abroad, including Nepal, Bangladesh, Uganda, Kenya, Nigeria, and Algeria.

Their manufacturing facility in Faridabad, Ballabgarh, Haryana, meets ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards for quality, environmental management, and occupational health and safety.

Located in Faridabad, their production capacity is 10,000 units per year.

Objects of the Issue

The net proceeds of 842.80 will be allocated as follows:

To meet the working capital requirements of the company;
To meet the funding for capital expenditure of the company;
Funding for procurement of new machinery
Construction of a new assembly line by shedding the roof
To meet out the inorganic growth through unidentified acquisition for the Company; and
General Corporate Expenses.

Promoters Holding

The company’s promoters are Mr. Amit Kanwar Jindal and Mrs. Sapna Jindal. Before the issue, they held 96.63% of the shares, and after the issue, their holding decreased to 70.86%.

Shivalic Power Control Limited Financial Report

Period Ended	31 Dec 2023 (₹ Lakhs)	31 Mar 2023 (₹ Lakhs)	31 Mar 2022 (₹ Lakhs)	31 Mar 2021 (₹ Lakhs)
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
Total Borrowing	3,328.94	899.92	2,722.65	2,393.66

KPI Of Shivalic Power Control Limited

Particulars	Amount (₹ Lakhs)
Debt Equity Ratio	1.09
EBITDA	1309.77
EBITDA margin (%)	20.61 %
ROCE (%)	19.20 % (non-annualized)
PAT margin (%)	11.96 %
ROE (%)	28.33 % (non-annualized)
NAV	304.76

Peer Group

Saakshi Medtech And Panels Limited
Marine Electricals (India) Limited

Shivalic Power Control Limited IPO Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi-110020 India
Tel No.: +91-11-40450193-197;
FAX No.: +91-11-26812683
E-mail: ipo@skylinerta.com
Investor Grievances Email Id: grievances@skyrinerta.com
Website: https://www.skylinerta.com/

Shivalic Power Control Limited IPO Lead Manager

CORPORATE CAPITALVENTURES PRIVATE LIMITED
B1/E13, First Floor, Mohan Co-operative Industrial Estate,
Mathura Road, New Delhi – 110044,
Tel: +91 11 – 41824066;
Email: smeipo@ccvindia.com
Investor Grievances Email id- investor@ccvinndia.com
Website: www.ccvindia.com

Shivalic Power Control Limited Contact

Shivalic Power Control Limited
Plot No. 72,
Sector- 68, IMT, Faridabad
Ballabgarh- 121004
Phone: +91–97183 88303
Email: compliance@shivalic.com
Website: https://shivalic.com/

Shivalic Power Control Limited IPO Application Form PDF

To download the Shivalic Power Control Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.

FAQs

What is the IPO date for Shivalic Power Control Limited?

The IPO opens for subscription on June 24, 2024, and closes on June 26, 2024.

What is the price band for the Shivalic Power Control IPO?

The price band for the IPO is set at ₹95 to ₹100 per share.

What is the listing date for the Shivalic Power Control IPO?

The shares of Shivalic Power Control Limited are expected to be listed on NSE SME on July 01, 2024.

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iPO GMP Today Desk

Rajesh, with 5 years in the stock market, holds a degree in Finance and Management from the University of Kalyani. He simplifies complex financial concepts, offering clear insights to readers, blending expertise with a passion for easy-to-understand analysis.

Shivalic Power Control IPO Details, Date, Allotment

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