Shivalic Power IPO Allotment Status Online

Shivalic Power IPO Allotment Status Online

Shivalic Power IPO Allotment Status Online : Shivalic Power IPO is Open on June 24, 2024 and Close on June 26, 2024. Shivalic Power IPO to Raise 6,432,000 shares (Approx ₹64.32 Cr) via IPO. The Fresh Issue of 6,432,000 shares (Approx ₹64.32 Cr). 

  • The Retail Quota Is 35%
  • QIB Is 50%
  • HNI Is 15%.

Shivalic Power IPO Basis of Allotment Status on 27 June, 2024. Shivalic Power IPO Refund Date is 27 June 2024 and Shivalic Power IPO Credit to Demat on 28 June 2024.

Also Read: Shivalic Power IPO Details Today, Date, Price, GMP, Review, Details

Shivalic Power IPO Allotment Link Online

About –

Shivalic Power Control Limited is an ISO-certified LT and HT electric panel manufacturer with an operating history of 20 years. We are a technology-driven company with a strong focus on quality, design and product development, which has allowed us to develop products suited to our customers’ requirements.

Our 1,25,000 Sq. Feet of in-house manufacturing unit allowed us to manufacture a diversified range of electric panels such as 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.

The company has a dedicated team of engineers who are experts in designing and developing advanced designs which enable us to manufacture the Techno Modular Design – Fully Bolted Panels with Aluminium and Copper Bus Bar, which make us different from traditional welding panel manufacturers with a strong focus on the quality of the panel.

Our promoter Mr. Amit Kanwar Jindal started Shivalic in 2004 with Low Voltage Panel assembly with a vision to constantly provide quality products by adapting to the latest technologies. During this journey of two decades, Shivalic has served more than 500+ Clients in different industries such as Sugar, Papers, Cement, Steel, FMCG, Automobile etc.

Our clientele in this industry includes Hewlett Packard, DCM Shriram, Rungta Mines, Reliance Cement, Kalpataru Power Transmission, Jindal Steel & Power, JSW, Bikaji Foods, Dabur, Radico, Naini Paper, J K Paper, Orient Papers, J K Cement, Escorts, Yamaha Motors and many more.

We do not limit ourselves to traditional application of panels, our sales & marketing team is always keen to identify new opportunities where we can supply our panels. We are buying most of the materials directly from industrial giants like L&T, Siemens, ABB, C&S, EPCOS. So far, we are serving traditional industries like FMCG, Metal, Cement, Automobile etc. From the last year, with a team of expert engineers, designers and other supporting staff, we have diversified our business and started serving to data centre industry also.

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