Shivalic Power Control Ltd
Price Range
₹95 - ₹100
Min. Quantity
1,200
Closes on
26 June 2024
Min. investment
₹1,20,000/1,200 Shares
Shivalic Power Control Ltd IPO Timeline
Shivalic Power Control Ltd was originally incorporated on October 08, 2004 as a Private Limited Company as 'Shivalic Power Control Private Limited' with the Registrar of Companies, N.C.T. of Delhi & Haryana. Subsequently, Company was converted from a Private Limited Company to Public Limited Company and the name was changed to 'Shivalic Power Control Limited' and a Fresh Certificate of Incorporation consequent to Conversion was issued on January 08, 2024 by the Registrar of Companies, Delhi.
| Event | Date |
|---|---|
| Shivalic Power Control Ltd IPO Opening Date | 24 June 2024 |
| Shivalic Power Control Ltd IPO Closing Date | 26 June 2024 |
| Basis of Allotment | 27 June 2024 |
| Initiation of Refunds | 27 June 2024 |
| Credit of Shares to Demat | 28 June 2024 |
| Shivalic Power Control Ltd IPO Listing Date | 1 July 2024 |
Shivalic Power Control Ltd IPO Details
| Shivalic Power Control Ltd IPO Date | 24 June 2024 to 26 June 2024 |
| Shivalic Power Control Ltd IPO Face Value | ₹10 per share |
| Shivalic Power Control Ltd IPO Price | ₹95 to ₹100 per share |
| Shivalic Power Control Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹64.32 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹64.32 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Amit Kanwar Jindal, Sapna Jindal |
Shivalic Power Control Ltd IPO Lot Size
The Shivalic Power Control Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,20,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,20,000 |
| Maximum | 1 | 1,200 | ₹1,20,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Modern facility set up in Faridabad equipped with advance technology.
- Strong financial position, reducing leverage & increasing returns to scales.
- Strategic Partnerships with world leading OEMs for component procurement.
- Highly passionate & focused on Quality Assurance, backed by ISO certifications.
- Marquee clientele.
Company Financials
Shivalic Power Control Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 90.55 | 102.68 | 11.21 |
| 03-2023 | 58.34 | 82.69 | 7.21 |
| 03-2022 | 60.98 | 57.41 | 1.75 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet the working capital requirements of the company
- Funding for procerement of new machineries
- Construction of new assembly line by shedding the roof
- To meet out the inorganic growth through unidentified acquisition for company
- General corporate expenses
Shivalic Power Control Ltd IPO Promoter Holding
| Pre Issue Share Holding | 82.38% |
| Post Issue Share Holding | 60.41% |
Shivalic Power Control Ltd IPO Subscription Status (Bidding Detail)
The Shivalic Power Control Ltd IPO is subscribed 239 times on 26 June 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 239 |
Shivalic Power Control Ltd IPO Prospectus
Shivalic Power Control Ltd IPO Listing Date
| Listing Date | 1 July 2024 |
| BSE Script | 92925 |
| NSE Symbol | SPCL |
| Listing In | NSE - SME |
| ISIN | INE0T7B01010 |
| IPO Price | ₹100 |
| Face Value | ₹10 |
Company Contact Information
Plot No 72 Sector 68IMT Faridabad,Ballabgarh-121004
Phone: +91 97183 88303
Email: compliance@shivalic.com
Website: https://shivalic.com/
Shivalic Power Control Ltd IPO Registrar
Shivalic Power Control Ltd IPO Lead Manager(s)
- Corporate Capitalventures Pvt Ltd
FAQ
What is the issue size of Shivalic Power Control Ltd IPO?
I have pre-applied for Shivalic Power Control Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.