
✓
Open
8 Sep 2023
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Close
12 Sep 2023
3
Allotment
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Listing
Thu, Sep 21, 2023
Price Band
₹102 per share
Issue Size
30,48,000 shares (agg. up to ₹31 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Sep 21, 2023
Latest GMP
₹93
Est. Gain
91.18%
✦ AI Insight
GMP Trend
21-09-2023₹93Est. ₹195+91.18%
20-09-2023₹93Est. ₹195+91.18%
19-09-2023₹97Est. ₹199+95.1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 173.16x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 45.09 | 27.39 | 21.06 |
| Total Income | 37.19 | 14.32 | 15.42 |
| Profit After Tax | 4.52 | 2.13 | 0.12 |
| NET Worth | 18.50 | 2.68 | 0.55 |
| Reserves and Surplus | 11.57 | 2.61 | 0.48 |
| Total Borrowing | 11.24 | 9.24 | 9.18 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Jiwanram Sheoduttrai Industries Ltd. | SME | ₹17.07 Cr | ₹23 | 9.91 | ₹28.50 | +23.91% | ₹5.25 (+0.96%) |
| Alphalogic Industries Ltd. | SME | ₹12.88 Cr | ₹96 | 22.3 | ₹96.29 | +0.30% | ₹151.00 (+9.03%) |
| Auro Impex & Chemicals Ltd. | SME | ₹27.07 Cr | ₹78 | 12.07 | ₹75.70 | -2.95% | ₹25.15 (+2.03%) |
| Srivasavi Adhesive Tapes Ltd. | SME | ₹15.50 Cr | ₹41 | 16.08 | ₹42.00 | +2.44% | ₹94.35 (+3.68%) |
| Sealmatic India Ltd. | SME | ₹56.24 Cr | ₹225 | 18.75 | ₹236.25 | +5.00% | ₹393.65 (+0.94%) |
| Harsha Engineers International Ltd. | Mainboard | ₹755.00 Cr | ₹330 | 32.67 | ₹486.50 | +47.42% | ₹427.45 (+0.42%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Plant and Machinery for setting up of Manufacturing unit; | 11.37 |
| 2 | Funding working capital requirements; and | 11.95 |
| 3 | General corporate purposes | 7.26 |
About Meson Valves IPO
Incorporated in 2016, Meson Valves India Limited, previously known as Sander Meson India Private Limited, is a supplier of valves, actuators, Strainers, and remote-control valve systems to industries both in domestic and international markets. Meson Valves India is engaged in the business of assembling, buying, selling, distributing, importing, exporting, or otherwise dealing in products like valves, actuators, remote control systems, control cabinets, tanks, visualization systems, piping, pumps, fittings, gaskets, flanges, and measurement devices. It also deals in the installation, maintenance, servicing, or otherwise handling of equipment and services that control and manage all products like valves, actuators, remote control systems, control cabinets, tanks, visualization system, piping, pumps, fittings, gaskets, flanges, and measurement devices. The company's manufacturing unit is located in Bhamboli, Khed, Pune, Maharashtra. It procures products for further assembly and supply from countries like Denmark, Germany, Poland, South Korea, Netherlands, Sweden, Turkey, and the United Arab Emirates, and in the domestic market, from states such as Goa, Gujarat, Maharashtra, Karnataka,
Contact Details
Meson Valves India Ltd. AddressPlot No.L-45, First FloorSoftware Technology Park, Verna Industrial EstateSalcete, Dist.South GoaSouth Goa, Goa, 40372208322954198investor@mvi.ltdVisit Website