Shivalic Power Control Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,048,000 (47%) | — | ₹3,048 Cr |
| NII (HNI) | — | 914,400 (14%) | — | ₹914 Cr |
| Retail | — | 2,133,600 (33%) | — | ₹2,134 Cr |
| Market Maker | — | 336,000 (5%) | — | ₹34 Cr |
| Σ Total | — | 6,432,000 (100%) | — | ₹64,320 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹120,000 |
| Retail (Max) | 13 | 15,600 | ₹1,560,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,680,000 |
| B-HNI (Min) | 67 | 80,400 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 6,379 | 8,269 | 5,741 |
| Profit After Tax | 760 | 716 | 17,479 |
| Net Worth | 3,063 | 2,303 | 1,587 |
| Total Assets | 7,814 | 5,827 | 6,098 |
| Reserves & Surplus | 3,110 | 2,350 | 1,634 |
| Total Borrowing | 3,329 | 900 | 2,723 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects 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 Overview
Founded in 2004, 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.