Shri Balaji Valve Components Ltd. produces valve components for ball valves, butterfly valves and other valves, including forged products.
The company produces various valve components such as balls, spindles, valve bodies, ports, trunnions, flanges, housings, rings, shafts, hoods, discs and sleeves. These components are used in various types of valves such as ball valves, butterfly valves, control valves, gate valves and check valves.
The company has two manufacturing facilities in Pune, Maharashtra. These plants have machinery and facilities for forging, heating and machining materials. One plant in Bhosari, Pune, is equipped for forging and heat treatment. The other plant in Chakan MIDC, Bhamboli, Pune, is responsible for machining.
The company offers a wide range of products, enabling it to serve a large customer base across India. In addition, the company has expanded its reach to international locations such as Dubai, Germany, Singapore, Taiwan, Italy, South Africa, the US, the UK, Qatar and Pennsylvania.
As of June 30, 2023, the company has 168 employees. When additional help is needed for the factories, the company hires contract labour.
Shri Balaji Valve Components IPO – Details
| IPO Opening Date | 27 December 2023 |
| IPO Closing Date | 29 December 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 21,60,000 Shares Worth ₹21.60 Crore Fresh Issue: 21,60,000 Shares Worth ₹21.60 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 – ₹100 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Shri Balaji Valve Components IPO – Date Schedule
| IPO Open Date | 27 December 2023 |
| IPO Close Date | 29 December 2023 |
| Basis of Allotment | 01 January 2024 |
| Initiation of Refund | 02 January 2024 |
| Credit of Shares to Demat Account | 02 January 2024 |
| IPO Listing Date | 03 January 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Dec 29, 2023 |
Shri Balaji Valve Components 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
- Integrated manufacturing capabilities;
- Experienced Management team;
- Diversified range of products;
- Long Standing Relationship with key Customers & Suppliers;
- Quality Assurance and Standards.
Company Promoters
- Laxmikant Sadashiv Kole
- Madhuri Laxmikant Kole
- Shrinivas Laxmikant Kole
Object Of The Issue
- Funding Capital Expenditure towards the installation of additional plant and machinery;
- To meet working capital requirements;
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 16.16 | 16.17 | 0.03 | 13.99 |
| 31 March 2022 | 39.06 | 36.96 | 1.53 | 27.99 |
| 31 March 2023 | 62.94 | 54.32 | 6.43 | 28.77 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 9.33 |
| Market Cap (₹ Cr.) | 81.6 |
| ROE | 136.76% |
| ROCE | 26.47% |
| Debt/Equity | 3.63 |
| EPS (Rs) | 10.72 |
| RoNW | 81.50% |
Shri Balaji Valve Components IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.53% |
Shri Balaji Valve Components IPO Prospectus
Company Contact Information
| Shri Balaji Valve Components Limited Plot No – PAP B 31 Chakan MIDC, PH 2 Khed, Bhamboli, Pune, India, 410501 Phone: +91 97655 65409 Email: info@balajivalvecomponents.com Website: https://www.balajivalvecomponents.com/ |
Shri Balaji Valve Components IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Shri Balaji Valve Components IPO Lead Manager(s)
| 1. Hem Securities Limited |
Shri Balaji Valve Components IPO FAQs
| What is Shri Balaji Valve Components IPO? Shri Balaji Valve Components IPO is a SME IPO. The issue is priced at ₹95 – ₹100 per equity share. The IPO is to be listed on BSE SME. |
| When Shri Balaji Valve Components IPO will open? The IPO is to open on 27 December 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Shri Balaji Valve Components IPO? You can apply Shri Balaji Valve Components 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 Shri Balaji Valve Components IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Shri Balaji Valve Components”. 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 Shri Balaji Valve Components IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Shri Balaji Valve Components”. 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 Shri Balaji Valve Components IPO Size? Shri Balaji Valve Components IPO size is ₹21.60 crores. |
| What is Shri Balaji Valve Components IPO Price Band? Shri Balaji Valve Components IPO Price Band is ₹95 – ₹100. |
| What is Shri Balaji Valve Components 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 Shri Balaji Valve Components IPO Allotment Date? Shri Balaji Valve Components IPO allotment date is 01 January 2023. |
| What is the Shri Balaji Valve Components IPO Listing Date? Shri Balaji Valve Components IPO listing date is 03 January 2023. The IPO is to list on BSE SME. |
