Meson Valves IPO GMP, Review, Price, Allotment


Last updated on September 21, 2023

Meson Valves IPO GMP

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.

Meson Valves India

Promoters of Meson Valves – Brijesh Madhav Manerikar, Swaroop Raghuvir Natekar, Vivekanand Maruti Redekar and India Futuristic Marine Private Limited

Meson Valves IPO Details

Meson Valves IPO Dates8 – 12 September 2023
Meson Valvesi Issue PriceINR 102 per share
Fresh issue30,48,000 shares (INR 31.09 crore)
Offer For SaleNIL
Total IPO size30,48,000 shares (INR 31.09 crore)
Minimum bid (lot size)1,200 shares (INR 122,400)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Meson Valves Financial Performance

 FY 2021FY 2022FY 2023
Net income0.122.134.53
Figures in INR Crores unless specified otherwise

Meson Valves Offer News

Meson Valves Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio15.48
RONW (%)21.4079.3924.46
EBITDA (%)4.0126.5819.13
*Compiled by IPO Central from Prospectus

Meson Valves IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
19 September 20239080,000
18 September 20239080,000
16 September 20239080,000
15 September 202310090,000
14 September 202310090,000
13 September 202310090,000
12 September 20239590,000
11 September 20239590,000
9 September 20239388,000
8 September 20239790,000
7 September 20232530,000
6 September 202320

Meson Valves IPO Subscription – Live Updates

Shares Offered1,446,0001,446,0002,892,000
12 Sep 2023144.40203.02173.71
11 Sep 202314.9891.8953.43
8 Sep 20232.1314.538.33

Meson Valves Offer Lead Manager

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[email protected]

Meson Valves Offer Registrar

451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: 011-45121795
Email: [email protected]

Meson Valves Contact Details

Plot No. L-45, First Floor, Software Technology Park,
Verna Industrial Estate, Salcete, Verna-403722, Goa, India
Phone: 08322954198
E-mail: [email protected]

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 Date8 September 2023
IPO Closing Date12 September 2023
Finalization of Basis of Allotment15 September 2023
Initiation of refunds18 September 2023
Transfer of shares to demat accounts20 September 2023
IPO Listing Date21 September 2023
Opening Price on BSE SMEINR 193.80 per share (up 90%)
Closing Price on BSE SMEINR 203.45 per share (up 99.46%)


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.


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