Shri Balaji Valve Components Limited IPO
- IPO Date27 Dec, 2023 to 29 Dec, 2023
- Listing Date03 Jan, 2024
- Face Value₹10 per share
- Issue Price₹95 to ₹100 per share
- Lot Size1200 Shares
- Minimum Investment₹1,20,000
- Listing AtBSE SME
- Total Issue Size21,60,000 Shares
(aggregating up to ₹21.60 Cr) - Fresh Issue21,60,000 Shares
(aggregating up to ₹21.60 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue60,00,000
- Shareholding post issue81,59,998
IPO Dates
Closing Date
29 Dec, 2023
Initiation of Refunds
02 Jan, 2024
Listing Date
03 Jan, 2024
27 Dec, 2023
Opening Date
01 Jan, 2024
Basis of Allotment
02 Jan, 2024
Credit of Shares
Shri Balaji Valve Components Limited Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 1200 | ₹1,20,000 |
| Retail (Min) | 1 | 1200 | ₹1,20,000 |
| HNI (Min) | 2 | 2400 | ₹2,40,000 |
Shri Balaji Valve Components Limited Promoter Holding
The Promoters of the company are Laxmikant Sadashiv Kole, Madhuri Laxmikant Kole and Shrinivas Laxmikant Kole.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 73.53% |
Key Performance Indicator
Balaji Valve Components IPO Market Cap is Rs 81.6 Cr and P/E (x) is 9.33.
| KPI | Values |
|---|---|
| ROE | 136.76% |
| ROCE | 26.47% |
| RoNW | 81.5% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.33 | 10.72 |
| P/E (x) | 9.33 | 10.72 |
Shri Balaji Valve Components Limited COMPANY INFORMATION
Balaji Valve Components IPO is a book built issue of Rs 21.60 crores. The issue is entirely a fresh issue of 21.6 lakh shares. Balaji Valve Components IPO bidding started from December 27, 2023 and ended on December 29, 2023. The allotment for the Balaji Valve Components IPO is expected to be finalized on Monday, January 1, 2024. Balaji Valve Components IPO will list on BSE SME with tentative listing date fixed as Wednesday, January 3, 2024. Balaji Valve Components IPO price band is set at ₹95 to ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000. Hem Securities Limited is the book running lead manager of the Balaji Valve Components IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Balaji Valve Components IPO is Hem Finlease. Refer to Balaji Valve Components IPO RHP for detailed information.
Founded in November 2011, Shri Balaji Valve Components Ltd. produces valve components for ball valves, butterfly valves and other valves, including forged products.
The company produces various valve components such as balls, spindles, valve bodies, ports, trunnions, flanges, housings, rings, shafts, hoods, discs and sleeves. These components are used in various types of valves such as ball valves, butterfly valves, control valves, gate valves and check valves.
The company has two manufacturing facilities in Pune, Maharashtra. These plants have machinery and facilities for forging, heating and machining materials. One plant in Bhosari, Pune, is equipped for forging and heat treatment. The other plant in Chakan MIDC, Bhamboli, Pune, is responsible for machining.
The company offers a wide range of products, enabling it to serve a large customer base across India. In addition, the company has expanded its reach to international locations such as Dubai, Germany, Singapore, Taiwan, Italy, South Africa, the US, the UK, Qatar and Pennsylvania.
As of June 30, 2023, the company has 168 employees. When additional help is needed for the factories, the company hires contract labour.
FAQs About Shri Balaji Valve Components Limited Ipo
Shri Balaji Valve Components Limited IPO will open on 27 Dec, 2023 and close on 29 Dec, 2023. Investors must apply within this period to participate.
The Shri Balaji Valve Components Limited IPO price band is set between ₹95.00 and ₹100.00 per share. The minimum lot size is 1200, requiring an investment of at least ₹120000.00.
The Shri Balaji Valve Components Limited IPO shares are expected to be listed on 03 Jan, 2024, subject to regulatory approvals and final allotment.
You can track your Shri Balaji Valve Components Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Shri Balaji Valve Components Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.