The Shivalic Power Control IPO was open from 24 June 2024 to 26 June 2024. The total IPO size was ₹64.32 crore. The IPO price band was fixed at ₹95 to ₹100 per share.
Shivalic Power Control Limited is an ISO-certified manufacturer of LT and HT electrical panels. The company manufactures a diversified range of electrical panels, including PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG Synchronisation Panels, Outdoor Panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Ducts, and LT & HT APFC Panels.
The company was authorised by industry leaders such as L&T, Siemens, Schneider Electric and TDK to manufacture fully type-tested panels as per IEC 61439-1 & 2, IEC 61641 and IS 1893 standards. Shivalic Power Control served customers across more than 15 industrial sectors in India and international markets including Nepal, Bangladesh and African countries such as Uganda, Kenya, Nigeria and Algeria.
Over its two-decade journey, Shivalic Power Control served more than 500 clients across industries including sugar, paper, cement, steel, FMCG and automobile.
Related: Upcoming SME IPO
Shivalic Power Control IPO Promoters
Mr. Amit Kanwar Jindal and Mrs. Sapna Jindal were the promoters of Shivalic Power Control Limited.
Shivalic Power Control IPO Date, Details & Price Band
| IPO Opening Date | 24 June 2024 |
| IPO Closing Date | 26 June 2024 |
| Price Band | ₹95 to ₹100 per share |
| Fresh Issue | ₹64.32 crore |
| Total IPO Size | ₹64.32 crore |
| Minimum Bid (Lot Size) | 1,200 shares |
| Face Value | ₹10 per share |
| Listing | NSE SME |
Shivalic Power Control IPO Market Lot
The Shivalic Power Control IPO minimum market lot was 1,200 shares. At the upper price band of ₹100 per share, the minimum application amount was ₹1,20,000.
| Category | Lot | No. of Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,20,000 |
| Maximum | 1 | 1,200 | ₹1,20,000 |
| S-HNI (Minimum) | 2 | 2,400 | ₹2,40,000 |
Shivalic Power Control Financial Performance
The following table shows the company’s restated financial performance for the three financial years. Amounts are in ₹ lakh.
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31 March 2023 | 5,827.00 | 8,269.39 | 716.26 |
| 31 March 2022 | 6,097.56 | 5,741.44 | 174.79 |
| 31 March 2021 | 4,869.44 | 5,238.00 | 67.28 |
Shivalic Power Control IPO GMP
The Shivalic Power Control IPO GMP (Grey Market Premium) was an unofficial market indicator available around the IPO period. GMP should not be considered an official or guaranteed indication of the listing price.
Check IPO GMP, Kostak Rate and Subject to Sauda
Shivalic Power Control IPO Prospectus
| Shivalic Power Control IPO Documents | |
|---|---|
| DRHP | Download |
| RHP | Download |
Shivalic Power Control IPO Form Download
The Shivalic Power Control IPO application form was available through the relevant NSE SME IPO application process.
Download IPO Application / ASBA Form
Shivalic Power Control IPO Allotment Date & Details
| Allotment Date | 27 June 2024 |
| Initiation of Refunds | 28 June 2024 |
| Transfer of Shares to Demat Accounts | 28 June 2024 |
| Listing Date | 1 July 2024 |
| Check Allotment Status | Check IPO Allotment Status |
Registrar of Shivalic Power Control IPO
Skyline Financial Services Private Limited
D-153 A, 1st Floor, Okhla Industrial Area, Phase-I,
New Delhi-110020, India
Tel: +91-11-40450193-197
Fax: +91-11-26812683
Email: ipo@skylinerta.com
Investor Grievances Email: grievances@skyrinerta.com
Website: www.skylinerta.com
SEBI Registration No.: INR000003241
Contact Person: Mr. Anuj Rana
Shivalic Power Control Contact Details
Shivalic Power Control Limited
Plot No. 72,
Sector-68, IMT, Faridabad,
Ballabgarh – 121004
Phone: +91-97183 88303
Email: compliance@shivalic.com
Website: shivalic.com
Shivalic Power Control IPO Lead Manager
Corporate CapitalVentures Private Limited
B1/E13, First Floor, Mohan Co-operative Industrial Estate,
Mathura Road, New Delhi – 110044
Tel: +91-11-41824066
Email: smeipo@ccvindia.com
Investor Grievances Email: investor@ccvinndia.com
Website: www.ccvindia.com
SEBI Registration No.: INM000012276
Contact Person: Mrs. Harpreet Parashar