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Meson Valves India Ltd

Meson Valves India Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹102
₹102
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹102
Based on GMP
Min. Investment
₹122,400
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
08 Sep 2023
Close Date
12 Sep 2023
Allotment
15 Sep 2023
Listing Date
21 Sep 2023
Exchange
BSE SME
Price Band
₹102
Listing Price
See chart
Allotment Status
Price Band
₹102
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
30,48,000 shares (aggregating up to ₹31.09 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹122,400
1 lot
Pre-IPO Holding
71,12,062 shares
Promoters
Post-IPO Holding
1,01,60,062 shares
Promoters
P/E (Pre)
15.47x
 
P/E (Post)
22.92x
 
EPS (Pre)
₹6.59
 
UPI Deadline
2023-09-12
Mandate
Anchor AllotmentThu, 07 Sep 2023
Basis of AllotmentFri, 15 Sep 2023
Refund InitiationMon, 18 Sep 2023
Demat CreditWed, 20 Sep 2023
Listing DayThu, 21 Sep 2023
UPI Mandate Deadline2023-09-12
Sale TypeFresh Capital
Net Offer to Public28,92,000 shares (aggregating up to ₹29.50 Cr)
Market Maker Quota1,56,000 shares (aggregating up to ₹1.59 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Meson Valves India Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 12 Sep 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
156,000
₹1.59
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,048,000
100% ₹31.09
IPO Shares Offered
Meson Valves India Ltd IPO total issue size: ₹31.09 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 156,000 ₹1.59
5.12%
Total 3,048,000 ₹31.09
100.00%
* Based on upper price band ₹102 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹102.00
Upper Band
Min Investment
₹122,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹244,800
Retail (Max — 13 Lots)1315,600₹1,591,200
S-HNI (Min — 14 Lots)1416,800₹1,713,600
B-HNI (Min — 68 Lots)6881,600₹8,323,200
* Issue Price ₹102 × Lot Size 1,200 shares
IPO Schedule
Anchor
07 Sep 2023
✓ Done
IPO Open
08 Sep 2023
✓ Done
IPO Close
12 Sep 2023
✓ Done
Allotment
15 Sep 2023
✓ Done
Refunds
18 Sep 2023
✓ Done
Demat Credit
20 Sep 2023
✓ Done
Listing Day
21 Sep 2023
✓ Done
Meson Valves India Ltd — Live Price LIVE
₹102.00
INR · BSE
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Issue ₹102.00 Live Price
About Meson Valves India Ltd
Incorporated in 2016, Meson Valves India Limited, previously known as Sander Meson India Private Limited, is a supplier of valves, actuators, Strainers, and remote-control valve systems to industries both in domestic and international markets.Meson Valves India is engaged in the business of assembling, buying, selling, distributing, importing, exporting, or otherwise dealing in products like valves, actuators, remote control systems, control cabinets, tanks, visualization systems, piping, pumps, fittings, gaskets, flanges, and measurement devices. It also deals in the installation, maintenance, servicing, or otherwise handling of equipment and services that control and manage all products like valves, actuators, remote control systems, control cabinets, tanks, visualization system, piping, pumps, fittings, gaskets, flanges, and measurement devices.The company's manufacturing unit is located in Bhamboli, Khed, Pune, Maharashtra. It procures products for further assembly and supply from countries like Denmark, Germany, Poland, South Korea, Netherlands, Sweden, Turkey, and the United Arab Emirates, and in the domestic market, from states such as Goa, Gujarat, Maharashtra, Karnataka, Tamilnadu, Andhra Pradesh, Dadra and Nagar Haveli, Delhi and Telangana.Meson Valves India has two main business divisions: (i) domestic sales; and (ii) exports. The company has its presence in Andhra Pradesh, Assam, Goa, Gujarat, Kerela, Maharashtra, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal, and Karnataka states for the domestic market based on sales made for the year ended March 31, 2023, 2022 and 2021. Internationally it supplies products in countries such as Germany, South Korea, Oman, Russia, Sweden, United Arab Emirates, Srilanka, Qatar, and Thailand.
Objects of the Issue
1
Purchase of Plant and Machinery for setting up of Manufacturing unit;
2
Funding working capital requirements; and
3
General corporate purposes
Meson Valves India Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹1,542.4
31 Mar 2021
₹1,431.6
31 Mar 2022
₹3,719.3
31 Mar 2023
Profit After Tax (PAT)
₹11.8
31 Mar 2021
₹212.5
31 Mar 2022
₹452.4
31 Mar 2023
Particulars31 Mar 202331 Mar 202231 Mar 2021
Revenue from Operations 3719.30 1431.57 1542.35
EBITDA N/A N/A N/A
Profit After Tax (PAT) 452.43 212.54 11.81
Net Worth 1849.57 267.71 55.17
Total Assets 4509.01 2738.78 2105.58
Reserves & Surplus 1157.32 260.71 48.17
Borrowings 1124.16 923.93 918.26
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoNW
24.46%
Issue Structure & Shareholding
Total Shares Offered30,48,000 (100.00%)
Net Offer to Public28,92,000 shares (aggregating up to ₹29.50 Cr)
Reserved for Market Maker1,56,000 shares (aggregating up to ₹1.59 Cr)
Pre-Issue Promoter Holding71,12,062 shares
Post-Issue Promoter Holding1,01,60,062 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Shreni Shares Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Meson Valves India Ltd IPO subscribed?

Meson Valves India Ltd IPO is subscribed 1.00 times by Sep 12, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Meson Valves India Ltd IPO retail subscription status?

The Meson Valves India Ltd IPO retail category is subscribed 1.00 times as of 12 Sep 2023. The retail portion is oversubscribed.

How to subscribe Meson Valves India Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 08 Sep 2023 and closes 12 Sep 2023. Min investment: ₹122,400 (1 lot = 1,200 shares). UPI mandate: 2023-09-12.

How many times Meson Valves India Ltd IPO subscribed?

The Meson Valves India Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Meson Valves India Ltd IPO allotment?

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd.) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 15 Sep 2023. Refunds: on 18 Sep 2023.

When Meson Valves India Ltd IPO will be listed?

The Meson Valves India Ltd IPO listing date is 21 Sep 2023, Thursday. Listed on: BSE SME. Issue price: ₹102. Estimated listing: ₹102. GMP: NIL.

When Meson Valves India Ltd IPO close?

The Meson Valves India Ltd IPO closes on 12 Sep 2023, Tuesday. UPI mandate: 2023-09-12. Allotment: 15 Sep 2023. Listing: 21 Sep 2023.