Shri Balaji Valve Components Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,022,400 (47%) | — | ₹1,022 Cr |
| NII (HNI) | — | 307,200 (14%) | — | ₹307 Cr |
| Retail | — | 716,400 (33%) | — | ₹716 Cr |
| Market Maker | — | 114,000 (5%) | — | ₹11 Cr |
| Σ Total | — | 2,160,000 (100%) | — | ₹21,600 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 | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1,655 | 6,294 | 3,906 |
| Profit After Tax | 185 | 643 | 153 |
| Net Worth | 976 | 789 | 145 |
| Total Assets | 312,022 | 5,023 | 3,973 |
| Reserves & Surplus | 377 | 791 | 148 |
| Total Borrowing | 2,879 | 2,878 | 2,800 |
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
- Funding Capital Expenditure towards the installation of additional plant and machinery.; –
- To meet working capital requirements; –
- To meet working capital requirements; –
Company Overview
Founded in November 2011, 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.