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.
Shivalic Power Control IPO – Details
| IPO Opening Date | 24 June 2024 |
| IPO Closing Date | 26 June 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 6,432,000 Shares Worth ₹64.32 Crore Fresh Issue: 6,432,000 Shares Worth ₹64.32 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 – ₹100 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Shivalic Power Control IPO – Date Schedule
| IPO Open Date | 24 June 2024 |
| IPO Close Date | 26 June 2024 |
| Basis of Allotment | 27 June 2024 |
| Initiation of Refund | 28 June 2024 |
| Credit of Shares to Demat Account | 28 June 2024 |
| IPO Listing Date | 01 July 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 26, 2024 |
Shivalic Power Control IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | ₹1,20,000 |
| Retail (Maximum) | 1 | 1200 | ₹1,20,000 |
| HNI (Minimum) | 2 | 2400 | ₹2,40,000 |
Competitive Strengths
- 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.
Company Promoters
- Mr. Amit Kanwar Jindal
- Mrs. Sapna Jindal
Object 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.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 52.38 | 51.27 | 0.67 | 23.93 |
| 31 March 2022 | 57.41 | 55.50 | 1.74 | 27.22 |
| 31 March 2023 | 82.69 | 73.10 | 7.16 | 8.99 |
| 31 December 2023 | 63.79 | 53.49 | 7.60 | 33.28 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 28.33% |
| ROCE | 19.20% |
| Debt/Equity | 1.09 |
| RoNW | 28.33% |
| P/BV | 5.58 |
| PAT Margin (%) | 11.96 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.05 | 4.2 |
| P/E (x) | 24.69 | 23.79 |
Shivalic Power Control IPO Promoter Holding
| Pre Issue Share Holding | 96.63% |
| Post Issue Share Holding | 70.86% |
Shivalic Power Control IPO Prospectus
Company Contact Information
| Shivalic Power Control Limited Plot No. 72, Sector- 68, IMT, Faridabad Ballabgarh- 121004 Phone: +91–97183 88303 Email: compliance@shivalic.com Website: https://shivalic.com/ |
Shivalic Power Control IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Shivalic Power Control IPO Lead Manager(s)
| 1. Corporate Capitalventures Pvt Ltd |
Shivalic Power Control IPO FAQs
| What is Shivalic Power Control IPO? Shivalic Power Control IPO is a SME IPO. The issue is priced at ₹95 – ₹100 per equity share. The IPO is to be listed on NSE SME. |
| When Shivalic Power Control IPO will open? The IPO is to open on 24 June 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to Shivalic Power Control IPO? You can apply for Shivalic Power Control 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 Shivalic Power Control IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Shivalic Power Control”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Shivalic Power Control IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Shivalic Power Control”. Click on the 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 Shivalic Power Control IPO Size? Shivalic Power Control IPO size is ₹64.32 crores. |
| What is Shivalic Power Control IPO Price Band? Shivalic Power Control IPO Price Band is ₹95 – ₹100. |
| What is Shivalic Power Control IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,20,000 amount while the maximum bid is 1200 shares with ₹1,20,000. |
| What is the Shivalic Power Control IPO Allotment Date? Shivalic Power Control IPO allotment date is 27 June 2024. |
| What is the Shivalic Power Control IPO Listing Date? Shivalic Power Control IPO listing date is 01 July 2024. The IPO is to list on NSE SME. |
