Last updated on September 21, 2023
Meson Valves IPO description – Incorporated in 2016, Meson Valves India is engaged in the business of supplying valves, actuators, Strainers, and remote-control valve systems. It supplies mainly to Naval, Oil, and gas industries, Power, Refineries, and General Industries, both in domestic and international markets.
The company 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 systems, piping, pumps, fittings, gaskets, flanges, and measurement devices.
Meson Valves India has two business divisions (i) domestic sales; and (ii) exports. It has a presence in Andhra Pradesh, Assam, Goa, Gujarat, Kerela, Maharashtra, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal, and Karnataka states for the domestic market based on sales made for the year ended 31 March 2023, 2022, and 2021. Internationally it supplies products in countries such as Germany, South Korea, Oman, Russia, Sweden, United Arab Emirates, Srilanka, Qatar, and Thailand.
For the financial year ended 31 March 2023, 2022, and 2021 the revenue from exports was INR 43.82 lakhs, INR 108.64 lakhs, and INR 156.97 lakhs, respectively which contributed 1.20%, 7.71%, and 10.24% respectively.
Promoters of Meson Valves – Brijesh Madhav Manerikar, Swaroop Raghuvir Natekar, Vivekanand Maruti Redekar and India Futuristic Marine Private Limited
Table of Contents
Meson Valves IPO Details
| Meson Valves IPO Dates | 8 – 12 September 2023 |
| Meson Valvesi Issue Price | INR 102 per share |
| Fresh issue | 30,48,000 shares (INR 31.09 crore) |
| Offer For Sale | NIL |
| Total IPO size | 30,48,000 shares (INR 31.09 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 122,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Meson Valves Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 15.32 | 14.10 | 36.65 |
| Expenses | 15.22 | 11.33 | 30.99 |
| Net income | 0.12 | 2.13 | 4.53 |
Meson Valves Offer News
- Meson Valves India RHP
- Meson Valves India Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Meson Valves Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.17 | 3.10 | 6.59 |
| PE ratio | – | – | 15.48 |
| RONW (%) | 21.40 | 79.39 | 24.46 |
| NAV | 78.82 | 382.44 | 26.72 |
| EBITDA (%) | 4.01 | 26.58 | 19.13 |
| Debt/Equity | – | – | – |
Meson Valves IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 19 September 2023 | 90 | – | 80,000 |
| 18 September 2023 | 90 | – | 80,000 |
| 16 September 2023 | 90 | – | 80,000 |
| 15 September 2023 | 100 | – | 90,000 |
| 14 September 2023 | 100 | – | 90,000 |
| 13 September 2023 | 100 | – | 90,000 |
| 12 September 2023 | 95 | – | 90,000 |
| 11 September 2023 | 95 | – | 90,000 |
| 9 September 2023 | 93 | – | 88,000 |
| 8 September 2023 | 97 | – | 90,000 |
| 7 September 2023 | 25 | – | 30,000 |
| 6 September 2023 | 20 | – | – |
Meson Valves IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 1,446,000 | 1,446,000 | 2,892,000 |
| 12 Sep 2023 | 144.40 | 203.02 | 173.71 |
| 11 Sep 2023 | 14.98 | 91.89 | 53.43 |
| 8 Sep 2023 | 2.13 | 14.53 | 8.33 |
Meson Valves Offer Lead Manager
SHRENI SHARES LIMITED
Office No. 102, 1st Floor, Sea Lord CHS,
Plot No. 1/B, 1/A, Survey No. A-12, Ram Nagar,
Borivali (West), Mumbai- 400 092, Maharashtra, India
Phone: 22-2808 8456
Email:Â [email protected]
Website:Â www.shreni.in
Meson Valves Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone:Â 011-45121795
Email:Â [email protected]
Website:Â www.maashitla.com
Meson Valves Contact Details
MESON VALVES INDIA LIMITED
Plot No. L-45, First Floor, Software Technology Park,
Verna Industrial Estate, Salcete, Verna-403722, Goa, India
Phone: 08322954198
E-mail: [email protected]
Website: www.mvi.ltd
Meson Valves IPO Allotment Status
Meson Valves IPO allotment status is now available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.
Meson Valves IPO Dates & Listing Performance
| IPO Opening Date | 8 September 2023 |
| IPO Closing Date | 12 September 2023 |
| Finalization of Basis of Allotment | 15 September 2023 |
| Initiation of refunds | 18 September 2023 |
| Transfer of shares to demat accounts | 20 September 2023 |
| IPO Listing Date | 21 September 2023 |
| Opening Price on BSE SME | INR 193.80 per share (up 90%) |
| Closing Price on BSE SME | INR 203.45 per share (up 99.46%) |
IPO FAQs
What is the Meson Valves offer size?
Meson Valves’ offer size is INR 31.09 crores.
What is the Meson Valves offer price band?
Meson Valves’ public offer price is INR 102 per share.
What is the lot size of the Meson Valves IPO?
Meson Valves offer lot size is 1,200 shares.
What is Meson Valves IPO GMP today?
Meson Valves IPO GMP today is INR 90 per share.
What is the Meson Valves kostak rate today?
Meson Valves kostak rate today is INR NA per application.
What is Meson Valves Subject to Sauda rate today?
Meson Valves Subject to Sauda rate today is INR 80,000 per application.
