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, Date, Allotment

Shivalic Power Control IPO Details

Open DateJune 24, 2024
Close DateJune 26, 2024
Listing DateJuly 01, 2024
IPO SizeAggregating up to ₹9.13 Cr.
Fresh Issue64.32 lakh shares
Face Value₹10 per share
IPO Price Band₹95 to ₹100 per share
IPO Listing onNSE SME
Lot Size1200 Shares
OFSNA
Share Offered to Retail35%
Share Offered to QBI50%
Share Offered to HNI15%

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 TypeLotsSharesAmount (₹)
Retail (Min)11200₹120,000
Retail (Max)11200₹120,000
HNI (Min)22400₹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.

  1. Go to the Link given above.
  2. Select the IPO Name
  3. Enter your PAN/ DP ID/ Application No
  4. 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:

  1. To meet the working capital requirements of the company;
  2. To meet the funding for capital expenditure of the company;
  3. Funding for procurement of new machinery
  4. Construction of a new assembly line by shedding the roof
  5. To meet out the inorganic growth through unidentified acquisition for the Company; and
  6. 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 Ended31 Dec 2023 (₹ Lakhs)31 Mar 2023 (₹ Lakhs)31 Mar 2022 (₹ Lakhs)31 Mar 2021 (₹ Lakhs)
Assets7,814.355,827.006,097.564,869.44
Revenue6,379.168,269.395,741.445,238.00
Profit After Tax760.11716.26174.7967.28
Net Worth3,063.442,303.331,587.071,412.28
Total Borrowing3,328.94899.922,722.652,393.66

KPI Of Shivalic Power Control Limited

ParticularsAmount (₹ Lakhs)
Debt Equity Ratio1.09
EBITDA1309.77
EBITDA margin (%)20.61 %
ROCE (%)19.20 % (non-annualized)
PAT margin (%)11.96 %
ROE (%)28.33 % (non-annualized)
NAV304.76

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.

    5/5 - (1 vote)

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