Meson Valves India Limited is engaged in the business of supplying of valves, actuators, Strainers and remote-control valves systems to the industries both in domestic and international markets. The company supply mainly to Naval, Oil and gas industries, Power, Refineries and General 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 has been accredited with various quality certifications such as ISO 14001:2015, ISO 9001: 2015, and ISO 45001: 2018 certified by TUV Austria, certifying the design, development, manufacturing, supplying, marketing, sales and servicing of all types of valves, control valves, actuators, strainers, fluid control, management systems and related accessories.
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:
- Domestic Sales
- 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.
Meson Valves IPO – Details
| IPO Opening Date | 08 September 2023 |
| IPO Closing Date | 12 September 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 30,48,000 Shares Worth ₹31.09 Crore Fresh Issue: 30,48,000 Shares Worth ₹31.09 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹102 |
| Market Lot | 1200 Share |
| Min Order | 1200 Share (1 Lot) |
| Listing At | BSE SME |
| Register | Maashitla Securities Private Limited |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Meson Valves IPO – Date Schedule
| IPO Open Date | 08 September 2023 |
| IPO Close Date | 12 September 2023 |
| Basis of Allotment | 15 September 2023 |
| Initiation of Refund | 18 September 2023 |
| Credit of Shares to Demat Account | 20 September 2023 |
| IPO Listing Date | 21 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on 12 Sep, 2023 |
Meson Valves IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | 1,22,400 |
| Retail (Maximum) | 1 | 1200 | 1,22,400 |
| HNI (Minimum) | 2 | 2400 | 2,44,800 |
Competitive Strengths
- Customer base across geographies and industries.
- The company Product Portfolio.
- Quality assurance.
- Experienced Promoter and management team.
Company Promoters
- Brijesh Madhav Manerikar
- Swaroop Raghuvir Natekar
- Vivekanand Maruti Redekar
- India Futuristic Marine Private Limited
Object Of The Issue
- Purchase of Plant and Machinery for setting up of Manufacturing unit.
- Funding Working Capital Requirements.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 15.42 | 15.21 | 0.11 | 9.18 |
| 31 March 2022 | 14.31 | 11.32 | 2.12 | 9.23 |
| 31 March 2023 | 37.19 | 30.98 | 4.52 | 11.24 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 15.47 |
| EPS (Rs) | 6.59 |
| RoNW | 24.46 |
Meson Valves IPO Promoter Holding
| Pre Issue Share Holding | 46.91% |
| Post Issue Share Holding | 32.83% |
Meson Valves IPO Prospectus
- Meson Valves IPO DRHP
- Meson Valves IPO RHP
Company Contact Information
| Meson Valves India Limited Plot No. L-45, First Floor, Software Technology Park, Verna Industrial Estate, Salcete, Verna – 403722 Phone: 08322954198 Email: investor@mvi.ltd Website: https://mvi.ltd/ |
Meson Valves IPO Registrar
| Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
Meson Valves IPO Lead Manager(s)
| 1. Shreni Shares Private Limited |
Meson Valves IPO FAQs
| What is Meson Valves IPO? Meson Valves IPO is a SME IPO. The issue is priced at ₹102 per equity share. The IPO is to be listed on BSE SME. |
| When Meson Valves IPO will open? The IPO is to open on 08 September 2023 for NII and Retail Investors. |
| How to Meson Valves IPO? You can apply Meson Valves IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Meson Valves IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Meson Valves”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Meson Valves IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Meson Valves”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Meson Valves IPO Size? Meson Valves IPO size is ₹31.09 crores. |
| What is Meson Valves IPO Price Band? Meson Valves IPO Price Band is ₹102. |
| What is Meson Valves IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,22,400 amount while the maximum bid is 1200 shares with ₹1,22,400. |
| What is the Meson Valves IPO Allotment Date? Meson Valves IPO allotment date is 15 September 2023. |
| What is the Meson Valves IPO Listing Date? Meson Valves IPO listing date is 21 September 2023. The IPO is to list on BSE SME. |
