Last updated on January 3, 2024
Shri Balaji Valve IPO description – Shri Balaji Valve Components produces ready-to-assemble valve components tailored for the production of valves utilized across diverse industries and varying sizes based on customer specifications.
Shri Balaji Valve, an ISO 9001-2015 certified company, manufactures various components such as balls, stems, valve bodies, connectors, trunnions, flanges, housings, rings, shafts, bonnets, discs, sleeves, etc. These components are utilized in the production of different types of valves, including Ball Valves, Butterfly Valves, Control Valves, Globe Valves, Gate Valves, and Check Valves.
At present, Shri Balaji Valve operates from two manufacturing facilities situated in Pune, Maharashtra. The first facility, situated in Bhosari, Pune, is equipped with forging capabilities and heat treatment facilities. Meanwhile, the second manufacturing facility is located at Chakan MIDC, Bhamboli, Pune, where machining work is undertaken.
Over the past three years, Shri Balaji Valve has exported valve components to various countries, including Germany, Singapore, Taiwan, Italy, South Africa, the UAE, the USA, the UK, and Qatar.
Promoters of Shri Balaji Valve Components – Laxmikant Sadashiv Kole, Madhuri Laxmikant Kole, Shrinivas Laxmikant Kole
Table of Contents
Shri Balaji Valve IPO Details
| Shri Balaji Valve IPO Dates | 27 – 29 December 2023 |
| Shri Balaji Valve Issue Price | INR 95 – 100 per share |
| Fresh issue | 2,160,000 shares (INR 20.52 – 21.60 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,160,000 shares (INR 20.52 – 21.60 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 120,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Shri Balaji Valve Components Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 |
| Revenue | 16.15 | 38.85 | 62.27 | 16.52 |
| Expenses | 16.18 | 36.97 | 54.32 | 14.07 |
| Net income | (0.03) | 1.53 | 6.43 | 1.85 |
Shri Balaji Valve Components Offer News
- Shri Balaji Valve Components RHP
- Shri Balaji Valve Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Shri Balaji Valve Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.05) | 2.56 | 10.72 |
| PE ratio | – | – | 8.86 – 9.33 |
| RONW (%) | 29.64 | 106.10 | 81.50 |
| NAV | (0.18) | 2.41 | 13.15 |
| ROCE (%) | 1.01 | 8.17 | 26.47 |
| EBITDA (%) | 2.48 | 7.03 | 17.60 |
| Debt/Equity | (293.44) | 18.83 | 3.63 |
Shri Balaji Valve IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 2 January 2024 | 45 | – | 33,000 |
| 1 January 2024 | 40 | – | 30,000 |
| 30 December 2023 | 35 | – | – |
| 29 December 2023 | 30 | – | – |
| 27 December 2023 | 5 | – | – |
| 26 December 2023 | 7 | – | – |
| 23 December 2023 | 10 | – | 8,000 |
| 22 December 2023 | 10 | – | 8,000 |
Shri Balaji Valve IPO Subscription – Live Updates
| Category | QIB | Non-retail | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 409,200 | 307,200 | 716,400 | 1,432,800 |
| 29 Dec 2023 | 70.04 | 800.07 | 169.90 | 276.49 |
| 28 Dec 2023 | 6.20 | 29.44 | 24.32 | 20.24 |
| 27 Dec 2023 | 0.45 | 2.57 | 5.85 | 2.65 |
Shri Balaji Valve IPO Allotment Status
Shri Balaji Valve IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Shri Balaji Valve IPO Dates & Listing Performance
| IPO Opening Date | 27 December 2023 |
| IPO Closing Date | 29 December 2023 |
| Finalization of Basis of Allotment | 1 January 2024 |
| Initiation of refunds | 2 January 2024 |
| Transfer of shares to demat accounts | 2 January 2024 |
| IPO Listing Date | 3 January 2024 |
| Opening Price on BSE SME | INR 190 per share (up 90%) |
| Closing Price on BSE SME | INR 199.50 per share (up 99.50%) |
Shri Balaji Valve Components IPO Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email:Â [email protected]
Website:Â www.hemsecurities.com
Shri Balaji Valve Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Shri Balaji Valve IPO Contact Details
SHRI BALAJI VALVE COMPONENTS LIMITED
Plot No – PAP B 31 Chakan MIDC, PH -2 Khed,
Bhamboli, Pune, Maharashtra, India, 410501
Phone: +91 97655 65409
E-mail: [email protected]
Website: www.balajivalvecomponents.com
IPO FAQs
What is the Shri Balaji Valve Components IPO size?
Shri Balaji Valve offer size is INR 20.52 – 21.60 crores.
What is the Shri Balaji Valve Components IPO price band?
Shri Balaji Valve public offer price is INR 95 – 100 per share.
What is the lot size of the Shri Balaji Valve IPO?
Shri Balaji Valve offer lot size is 1,200 shares.
What is Shri Balaji Valve IPO GMP today?
Shri Balaji Valve IPO GMP today is INR 45 per share.
What is the Shri Balaji Valve kostak rate today?
Shri Balaji Valve kostak rate today is NA per application.
What is Shri Balaji Valve Subject to Sauda rate today?
Shri Balaji Valve Subject to Sauda rate today is INR 33,000 per application.
