Shivalic Power Control Limited IPO (Shivalic Power Control IPO)

Shivalic Power Control Limited IPO
Upcoming Shivalic Power Control IPO | New Shivalic Power Control IPO

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

Shivalic Power Control IPO – Details

IPO Opening Date24 June 2024
IPO Closing Date26 June 2024
Issue TypeBook Built Issue IPO
Issue SizeTotal 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 Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterSkyline Financial Services Private Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Shivalic Power Control IPO – Date Schedule

IPO Open Date24 June 2024
IPO Close Date26 June 2024
Basis of Allotment27 June 2024
Initiation of Refund28 June 2024
Credit of Shares to Demat Account28 June 2024
IPO Listing Date01 July 2024
Cut-off time for UPI mandate confirmation5 PM on June 26, 2024

Shivalic Power Control IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11200₹1,20,000
Retail (Maximum)11200₹1,20,000
HNI (Minimum)22400₹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.
Shivalic Power Control IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202152.3851.270.6723.93
31 March 202257.4155.501.7427.22
31 March 202382.6973.107.168.99
31 December 202363.7953.497.6033.28
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)11.96
EPS (Rs)4.054.2
P/E (x)24.6923.79

Shivalic Power Control IPO Promoter Holding

Pre Issue Share Holding96.63%
Post Issue Share Holding70.86%

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

Shivalic Power Control IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022

Shivalic Power Control IPO Lead Manager(s)

1. Corporate Capitalventures Pvt Ltd

Shivalic Power Control IPO FAQs

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.
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