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Open
27 Dec 2023
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Close
29 Dec 2023
3
Allotment
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Listing
Wed, Jan 3, 2024
Price Band
₹95 to ₹100
Issue Size
21,60,000 shares (agg. up to ₹22 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Jan 3, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 192.49x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 51.32 | 50.23 | 39.73 | 17.59 |
| Total Income | 16.55 | 62.94 | 39.06 | 16.16 |
| Profit After Tax | 1.85 | 6.43 | 1.53 | -0.03 |
| NET Worth | 9.76 | 7.89 | 1.45 | -0.11 |
| Reserves and Surplus | 3.77 | 7.91 | 1.48 | -0.06 |
| Total Borrowing | 28.79 | 28.78 | 28.00 | 14.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Presstonic Engineering Ltd. | SME | ₹23.30 Cr | ₹72 | 6.28 | ₹147.00 | +104.17% | ₹26.00 (+1.17%) |
| Arrowhead Seperation Engineering Ltd. | SME | ₹13.00 Cr | ₹233 | 18.09 | ₹237.50 | +1.93% | ₹70.00 (+0.00%) |
| Kalyani Cast Tech Ltd. | SME | ₹30.11 Cr | ₹139 | 8.67 | ₹277.30 | +99.50% | ₹802.65 (+5.00%) |
| Vinyas Innovative Technologies Ltd. | SME | ₹54.66 Cr | ₹165 | 8.4 | ₹346.50 | +110.00% | ₹1,348.00 (+3.69%) |
| Sunita Tools Ltd. | SME | ₹22.04 Cr | ₹145 | 16.88 | ₹147.25 | +1.55% | ₹885.15 (+2.00%) |
| Global Pet Industries Ltd. | SME | ₹13.23 Cr | ₹49 | 23 | ₹52.80 | +7.76% | ₹144.05 (-3.61%) |
| Cyient DLM Ltd. | Mainboard | ₹592.00 Cr | ₹265 | 66.25 | ₹420.60 | +58.72% | ₹586.90 (+9.08%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards installation of additional plant and machinery. | 8.05 |
| 2 | To meet working capital requirements | 7.50 |
| 3 | General Corporate Purpose | 3.97 |
| Total | 19.52 |
About Shri Balaji Valve Components IPO
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.+ Read More
Contact Details
Shri Balaji Valve Components Ltd. AddressPlot No-PAP B 31Chakan MIDC, PH2 Khed, BhamboliPune, Maharashtra, 410501+91 97655 65409info@balajivalvecomponents.comVisit Website