Shivalic Power IPO description – Shivalic Power Control, an ISO-certified company, has been crafting LT and HT electric panels for over two decades. Renowned for their cutting-edge designs, they offer a wide array of electric panels including PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronization panels, Outdoor panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Ducts, and LT & HT APFC Panels. Shivalic stands out as the sole panel manufacturer leading the way in non-welded panel technology, enhancing energy efficiency and minimizing waste.
Shivalic Power Control is authorized by industry giants like L&T, Siemens, Schneider Electric, and TDK to manufacture fully type-tested panels according to IEC 61439 – 1&2, IEC 61641, and IS1893 standards. Serving over 15 industrial sectors, the company extends its reach beyond India to countries like Nepal, Bangladesh, and various African nations including Uganda, Kenya, Nigeria, and Algeria.
The company’s manufacturing facility is situated in Ballabgarh, Haryana, with a production capacity of 10,000 verticals per year. As of 31 December 2023, the company employs a total of 180 staff members across various departments.
Promoters of Shivalic Power Control – Mr. Amit Kanwar Jindal, and Mrs. Sapna Jindal
Table of Contents
Shivalic Power IPO Details
| Shivalic Power IPO Dates | 24 – 26 June 2024 |
| Shivalic Power Control IPO Price | INR 95 – 100 per share |
| Fresh issue | 64,32,000 shares (INR 61.10 – 64.32 crore) |
| Offer For Sale | NIL |
| Total IPO size | 64,32,000 shares (INR 61.10 – 64.32 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,20,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
Shivalic Power Control Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 |
| Revenue | 52.22 | 57.33 | 82.16 | 63.56 |
| Expenses | 51.27 | 55.50 | 73.11 | 53.50 |
| Net income | 0.67 | 1.75 | 7.16 | 7.60 |
Shivalic Power Offer News
- Shivalic Power IPO Allotment Status
- Shivalic Power RHP
- Shivalic Power Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Shivalic Power Control Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.39 | 1.02 | 4.19 |
| PE ratio | – | – | 22.67 – 23.87 |
| RONW (%) | 4.84 | 11.66 | 36.82 |
| NAV | 8.26 | 9.29 | 13.48 |
| ROCE (%) | 9.84 | 9.22 | 24.64 |
| EBITDA (%) | 9.61 | 8.79 | 15.48 |
| Debt/Equity | 1.69 | 1.72 | 1.02 |
Shivalic Power IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 29 June 2024 | 175 | – | 1,58,000 |
| 28 June 2024 | 170 | – | 1,56,000 |
| 27 June 2024 | 170 | – | 1,56,000 |
| 26 June 2024 | 170 | – | 1,56,000 |
| 25 June 2024 | 160 | – | 1,45,000 |
| 24 June 2024 | 150 | – | 1,37,000 |
| 22 June 2024 | 155 | – | 1,40,000 |
| 21 June 2024 | 155 | – | 1,40,000 |
| 20 June 2024 | 150 | – | 1,35,000 |
| 19 June 2024 | 170 | – | 1,45,000 |
Shivalic Power IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 12,19,200 | 9,14,400 | 21,33,600 | 42,67,200 |
| 26 Jun 2024 | 170.32 | 436.74 | 230.14 | 257.32 |
| 25 Jun 2024 | 4.29 | 38.95 | 69.14 | 44.14 |
| 24 Jun 2024 | 1.41 | 5.56 | 13.61 | 8.40 |
The market maker reservation portion of 3,36,000 shares and anchor allocation of 18,28,800 shares are not included in the above calculations.
Shivalic Power IPO Dates & Listing Performance
| IPO Opening Date | 24 June 2024 |
| IPO Closing Date | 26 June 2024 |
| Finalization of Basis of Allotment | 27 June 2024 |
| Initiation of refunds | 27 June 2024 |
| Transfer of shares to demat accounts | 28 June 2024 |
| IPO Listing Date | 1 July 2024 |
| Opening Price on NSE SME | INR 311 per share (up 211%) |
| Closing Price on NSE SME | INR 326.55 per share (up 226.55%) |
Shivalic Power Offer Lead Manager
CORPORATE CAPITALVENTURES PRIVATE LIMITED
B1/E13, First Floor, Mohan Co-operative Industrial Estate,
Mathura Road, New Delhi – 110044
Phone: +91 11 – 41824066
Email:Â [email protected]
Website:Â www.ccvindia.com
Shivalic Power Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020, India
Phone:Â +91-11-26812683
Email:Â [email protected]
Website:Â www.skylinerta.com
Shivalic Power Control IPO Contact Details
SHIVALIC POWER CONTROL LIMITED
Plot No. 72, Sector- 68, IMT, Faridabad,
Ballabgarh, Haryana – 121004, India
Phone: +91 – 97183 88303
E-mail: [email protected]
Website: www.shivalic.com
IPO FAQs
What is the Shivalic Power offer size?
Shivalic Power’s offer size is INR 61.10 – 64.32 crores.
What is the Shivalic Power offer price band?
Shivalic Power’s public offer price is INR 95 – 100 per share.
What is the lot size of the Shivalic Power IPO?
Shivalic Power offer a lot size is 1,200 shares.
What is Shivalic Power IPO GMP today?
Shivalic Power IPO GMP today is INR 175 per share.
What is the Shivalic Power kostak rate today?
Shivalic Power kostak rate today is INR NA per application.
What is Shivalic Power Subject to the Sauda rate today?
Shivalic Power is Subject to the Sauda rate today is INR 1,58,000 per application.
