Shivalic Power Control IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jun 24 to Jun 26 2024
Price Band
₹95 - 100
Current GMP
₹311(211.0%)
Subscription
257.24 times
IPO Details
| IPO Date | June 24, 2024 to June 26, 2024 |
| Listing Date | Monday, July 1, 2024 |
| 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 |
IPO Date
June 24, 2024 to June 26, 2024
Listing Date
Monday, July 1, 2024
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
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 170.32 |
| Non-Institutional Buyers*** | 436.37 |
| Retail Investors | 230.14 |
| Total ** | 257.24 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
170.32
Non-Institutional Buyers***
436.37
Retail Investors
230.14
Total **
257.24
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jun 24, 2024 | 1.41 | 5.65 | 14.17 | 8.70 |
| Day 2 Jun 25, 2024 | 4.29 | 38.85 | 70.59 | 44.84 |
| Day 3 Jun 26, 2024 | 170.32 | 436.37 | 230.14 | 257.24 |
DayDay 1
Jun 24, 2024
QIB1.41
NII*5.65
Retail14.17
Total8.70
DayDay 2
Jun 25, 2024
QIB4.29
NII*38.85
Retail70.59
Total44.84
DayDay 3
Jun 26, 2024
QIB170.32
NII*436.37
Retail230.14
Total257.24
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 01-07-2024 | 100.00 | 225(225.0%) | 325 |
| 30-06-2024 | 100.00 | 225(225.0%) | 325 |
| 29-06-2024 | 100.00 | 225(225.0%) | 325 |
| 28-06-2024 | 100.00 | 188(188.0%) | 288 |
| 27-06-2024 | 100.00 | 175(175.0%) | 275 |
| 26-06-2024 | 100.00 | 175(175.0%) | 275 |
| 25-06-2024 | 100.00 | 175(175.0%) | 275 |
| 24-06-2024 | 100.00 | 165(165.0%) | 265 |
| 23-06-2024 | 100.00 | 155(155.0%) | 255 |
| 22-06-2024 | 100.00 | 155(155.0%) | 255 |
| 21-06-2024 | 100.00 | 155(155.0%) | 255 |
| 20-06-2024 | 100.00 | 155(155.0%) | 255 |
| 19-06-2024 | 100.00 | 155(155.0%) | 255 |
| 18-06-2024 | 100.00 | 170(170.0%) | 270 |
| 17-06-2024 | 100.00 | 0(0.0%) | (0%) |
Date01-07-2024
Price100.00
GMP225(225.0%)
Estimate List Price325
Date30-06-2024
Price100.00
GMP225(225.0%)
Estimate List Price325
Date29-06-2024
Price100.00
GMP225(225.0%)
Estimate List Price325
Date28-06-2024
Price100.00
GMP188(188.0%)
Estimate List Price288
Date27-06-2024
Price100.00
GMP175(175.0%)
Estimate List Price275
Date26-06-2024
Price100.00
GMP175(175.0%)
Estimate List Price275
Date25-06-2024
Price100.00
GMP175(175.0%)
Estimate List Price275
Date24-06-2024
Price100.00
GMP165(165.0%)
Estimate List Price265
Date23-06-2024
Price100.00
GMP155(155.0%)
Estimate List Price255
Date22-06-2024
Price100.00
GMP155(155.0%)
Estimate List Price255
Date21-06-2024
Price100.00
GMP155(155.0%)
Estimate List Price255
Date20-06-2024
Price100.00
GMP155(155.0%)
Estimate List Price255
Date19-06-2024
Price100.00
GMP155(155.0%)
Estimate List Price255
Date18-06-2024
Price100.00
GMP170(170.0%)
Estimate List Price270
Date17-06-2024
Price100.00
GMP0(0.0%)
Estimate List Price(0%)
IPO Important Dates
| 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 |
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
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| HNI (Min) | 2 | 2,400 | ₹240,000 |
ApplicationRetail (Min)
Lots1
Shares1200
Amount₹120,000
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹120,000
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹240,000
Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 7,814.35 | 5,827.00 | 6,097.56 |
| Revenue | 6,379.16 | 8,269.39 | 5,741.44 |
| Profit After Tax | 760.11 | 716.26 | 174.79 |
| Net Worth | 3,063.44 | 2,303.33 | 1,587.07 |
| Reserves and Surplus | 3,110.22 | 2,350.11 | 1,633.85 |
| Total Borrowing | 3,328.94 | 899.92 | 2,722.65 |
Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 20237,814.35
31 Mar 20235,827.00
31 Mar 20226,097.56
Period EndedRevenue
31 Dec 20236,379.16
31 Mar 20238,269.39
31 Mar 20225,741.44
Period EndedProfit After Tax
31 Dec 2023760.11
31 Mar 2023716.26
31 Mar 2022174.79
Period EndedNet Worth
31 Dec 20233,063.44
31 Mar 20232,303.33
31 Mar 20221,587.07
Period EndedReserves and Surplus
31 Dec 20233,110.22
31 Mar 20232,350.11
31 Mar 20221,633.85
Period EndedTotal Borrowing
31 Dec 20233,328.94
31 Mar 2023899.92
31 Mar 20222,722.65
Key Performance Indicator
| ROE | 28.33% |
| ROCE | 19.20% |
| Debt/Equity | 1.09 |
| RoNW | 28.33% |
| P/BV | 5.58 |
| PAT Margin (%) | 11.96 |
| EPS (Rs) | 4.05 |
ROE
28.33%
ROCE
19.20%
Debt/Equity
1.09
RoNW
28.33%
P/BV
5.58
PAT Margin (%)
11.96
EPS (Rs)
4.05
IPO Reservation
| Anchor Investor Shares Offered | 1,828,800 (28.43%) |
| Market Maker Shares Offered | 336,000 (5.22%) |
| QIB Shares Offered | 1,219,200 (18.96%) |
| NII (HNI) Shares Offered | 914,400 (14.22%) |
| Retail Shares Offered | 2,133,600 (33.17%) |
| Total Shares Offered | 6,432,000 (100%) |
Anchor Investor Shares Offered
1,828,800 (28.43%)
Market Maker Shares Offered
336,000 (5.22%)
QIB Shares Offered
1,219,200 (18.96%)
NII (HNI) Shares Offered
914,400 (14.22%)
Retail Shares Offered
2,133,600 (33.17%)
Total Shares Offered
6,432,000 (100%)
Information about company
Founded in 2004, Shivalic Power Control Limited manufactures electric panels. The product portfolio of the company 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 Duct and LT & HT APFC Panels.
Industry leaders such as L&T, Siemens, Schneider Electric, and TDK authorize the company to manufacture fully type-tested panels as per IEC 61439 - 1&2, IEC 61641, and IS1893.
The company manufactures 11kv and 33kv of HT Panels.
The company serve these panels to more than 15 industrial sectors in India as well as outside India, including Nepal, Bangladesh, and African countries such as Uganda, Kenya, Nigeria, and Algeria.
The company's manufacturing facility has been certified to meet international standards for quality management systems, environmental management systems, and occupational health and safety management systems, as outlined in ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018.
The company's manufacturing unit is located in Faridabad, Ballabgarh, Haryana, and has a production capacity of 10,000 verticals per annum.
As of December 31, 2023, the company has a total of 180 employees.
Objectives of IPO
The company intends to utilize the Net Proceeds for the following objects:
To meet the working capital requirements of the company
To meet the capital expenditure of the company
Funding for procurement of new machinery.
Civil construction of warehouse by shedding the roof.
To meet out the inorganic growth through unidentified acquisition for the Company
General Corporate Expenses
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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