Shivalic Power Control Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

24 Jun 2024

Close Date

26 Jun 2024

Allotment

27 Jun 2024

Listing Date

01 Jul 2024

Exchange

NSE SME

Price Band

₹100

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹100

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

64,32,000 shares (aggregating up to ₹64.32 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

1,76,83,754 shares

Promoters

Post-IPO Holding

2,41,15,754 shares

Promoters

P/E (Pre)

24.69x

P/E (Post)

23.79x

EPS (Pre)

₹4.05

EPS (Post)

₹4.20

UPI Deadline

2024-06-26

Mandate

Anchor AllotmentSun, 23 Jun 2024

Basis of AllotmentThu, 27 Jun 2024

Refund InitiationFri, 28 Jun 2024

Demat CreditFri, 28 Jun 2024

Listing DayMon, 01 Jul 2024

UPI Mandate Deadline2024-06-26

Sale TypeFresh Capital

Net Offer to Public60,96,000 shares (aggregating up to ₹60.96 Cr)

Market Maker Quota3,36,000 shares (aggregating up to ₹3.36 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Shivalic Power Control Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Jun 2024.

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	336,000	—	₹3.36
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	6,432,000	100%	₹64.32

IPO Shares Offered

Shivalic Power Control Ltd IPO total issue size: ₹64.32 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	336,000	₹3.36	5.22%
Total	6,432,000	₹64.32	100.00%

* Based on upper price band ₹100 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹100.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹240,000
Retail (Max — 13 Lots)	13	15,600	₹1,560,000
S-HNI (Min — 14 Lots)	14	16,800	₹1,680,000
B-HNI (Min — 68 Lots)	68	81,600	₹8,160,000

* Issue Price ₹100 × Lot Size 1,200 shares

IPO Schedule

Anchor

23 Jun 2024

✓ Done

IPO Open

24 Jun 2024

✓ Done

IPO Close

26 Jun 2024

✓ Done

Allotment

27 Jun 2024

✓ Done

Refunds

28 Jun 2024

✓ Done

Demat Credit

28 Jun 2024

✓ Done

Listing Day

01 Jul 2024

✓ Done

₹100.00

INR · NSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹100.00 Live Price

About Shivalic Power Control Ltd

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.

Objects of the Issue

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

Shivalic Power Control Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹5,741.4

31 Mar 2022

₹8,269.4

31 Mar 2023

₹6,379.2

31 Dec 2023

Profit After Tax (PAT)

₹17,479.3

31 Mar 2022

₹716.3

31 Mar 2023

₹760.1

31 Dec 2023

Particulars	31 Dec 2023	31 Mar 2023	31 Mar 2022
Revenue from Operations	6379.16	8269.39	5741.44
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	760.11	716.26	17479.28
Net Worth	3063.44	2303.33	1587.07
Total Assets	7814.35	5827.00	6097.56
Reserves & Surplus	3110.22	2350.11	1633.85
Borrowings	3328.94	899.92	2722.65
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	11.96%	—	—

P/BV Ratio

5.58

RoE

28.33%

RoCE

19.20%

RoNW

28.33%

PAT Margin

11.96%

Debt/Equity

1.09

Issue Structure & Shareholding

Total Shares Offered64,32,000 (100.00%)

Net Offer to Public60,96,000 shares (aggregating up to ₹60.96 Cr)

Reserved for Market Maker3,36,000 shares (aggregating up to ₹3.36 Cr)

Pre-Issue Promoter Holding1,76,83,754 shares

Post-Issue Promoter Holding2,41,15,754 shares

P/BV Ratio5.58

RoE28.33%

RoCE19.20%

Debt / Equity1.09

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd

02228511022

ipo@skylinerta.com

https://www.skylinerta.com/ipo.php

Check Allotment

Book Running Lead Managers

Corporate Capitalventures Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Shivalic Power Control Ltd IPO subscribed? ▲

Shivalic Power Control Ltd IPO is subscribed 1.00 times by Jun 26, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Shivalic Power Control Ltd IPO retail subscription status? ▼

The Shivalic Power Control Ltd IPO retail category is subscribed 1.00 times as of 26 Jun 2024. The retail portion is oversubscribed.

How to subscribe Shivalic Power Control Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 24 Jun 2024 and closes 26 Jun 2024. Min investment: ₹120,000 (1 lot = 1,200 shares). UPI mandate: 2024-06-26.

How many times Shivalic Power Control Ltd IPO subscribed? ▼

The Shivalic Power Control Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Shivalic Power Control Ltd IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 27 Jun 2024. Refunds: on 28 Jun 2024.

When Shivalic Power Control Ltd IPO will be listed? ▼

The Shivalic Power Control Ltd IPO listing date is 01 Jul 2024, Monday. Listed on: NSE SME. Issue price: ₹100. Estimated listing: ₹100. GMP: NIL.

When Shivalic Power Control Ltd IPO close? ▼

The Shivalic Power Control Ltd IPO closes on 26 Jun 2024, Wednesday. UPI mandate: 2024-06-26. Allotment: 27 Jun 2024. Listing: 01 Jul 2024.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹100.00

Change—

Issue Price₹100.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹100

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹100

Subscribed1.00x

Open Date24 Jun 2024

Close Date26 Jun 2024

Allotment27 Jun 2024

Listing Date01 Jul 2024

ExchangeNSE SME

UPI Deadline2024-06-26