Shivalic Power IPO Details Today : Shivalic Power IPO Details Today is Open on 24 June 2024 and Close on 26 June 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).
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.
Shivalic Power IPO Date & Price Band Details
| IPO Open Date | 24 June 2024 |
|---|---|
| IPO Close Date | 26 June 2024 |
| IPO Size | 6,432,000 shares (Approx ₹64.32 Cr) |
| Fresh Issue | 6,432,000 shares (Approx ₹64.32 Cr) |
| Lot Size | 1200 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹95 to ₹100 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Shivalic Power IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹120,000 |
| Retail Maximum | 1 | 1200 | ₹120,000 |
| S-HNI Minimum | 2 | 2400 | ₹240,000 |
Object of the Issue
- To meet the working capital requirements of the company.
- To meet out the funding for capital expenditure of the company.
- Funding for procurement of new machineries.
- Construction of new assembly line by shedding the roof.
- To meet out the inorganic growth through unidentified acquisition for Company.
- General Corporate Expenses.
Shivalic Power IPO Allotment & Listings (Details)
| IPO Open Date | 24 June 2024 |
|---|---|
| IPO Close Date | 26 June 2024 |
| Basis of Allotment | 27 June 2024 |
| Refunds | 27 June 2024 |
| Credit to Demat Account | 28 June 2024 |
| IPO Listing Date | 1 July 2024 |
Shivalic Power Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2024 | ₹63.56 | ₹53.50 | ₹7.60 |
| 2023 | ₹82.16 | ₹73.11 | ₹7.16 |
| 2022 | ₹57.33 | ₹55.50 | ₹1.75 |
| 2021 | ₹52.22 | ₹51.27 | ₹0.67 |
Our Company Promoters
- Mr. Amit Kanwar Jindal
- Dr. Sapna Jindal
Qualitative Factors
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Modern facility set up in Faridabad equipped with advance technology.
- Strong financial position, reducing leverage & increasing returns to scales.
- Strategic Partnerships with world leading OEMs for component procurement.
- Highly passionate & focused on Quality Assurance, backed by ISO certifications.
- Marquee clientele.
Shivalic Power Comparison Listed Industry Peers Group
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| Shivalic Power Control Limited | 10.00 | 4.19 | N/A | 36.82% | 17.93 | 8,215.68 |
| Peer Group | ||||||
| Saakshi Medtech And Panels Limited | 10.00 | 9.53 | N/A | 29.32% | 32.49 | 12,205.82 |
| Marine Electricals (India) Limited | 2.00 | 1.59 | 22.54 | 10.83% | 14.68 | 39,127.13 |
Comparison of accounting ratios with listed industry peers
- Shivalic Power Control Limited
- Saakshi Medtech And Panels Limited
- Marine Electricals (India) Limited
Shivalic Power Company Contact Details
Plot No. 72, Sector- 68, IMT,
Faridabad, Ballabgarh,
Haryana – 121004, India.
Tel: +91-97183 88303
E-mail: compliance@shivalic.com
Website: www.shivalic.com
Shivalic Power IPO Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi110020, India
Tel No.: +91-11-40450193-197
E-mail: ipo@skylinerta.com
Investor Grievances Email Id: grievances@skyrinerta.com
Website: www.skylinerta.com
