Meson Valves India Limited (BSE SME)

Sep 8, 2023 - Sep 12, 2023

Price ₹102 - ₹102
Premium ₹97
Lot size 1200
Allotment Sep 15, 2023
Listing Sep 21, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 1200 122400 0
HNI 2 2400 244800 0

Last updated on 12 Sep 2023 | 05:58:31 PM

CategoryOfferedAppliedTimes
HNIs14,46,00020,87,97,600144.4
Retail14,46,00029,35,66,800203.02
Total28,92,00050,23,64,400173.71
About

Incorporated in 2016, Meson Valves India Limited, previously known as Sander Meson India Private Limited, is a supplier of valves, actuators, Strainers, and remote-control valve systems to industries both in domestic and international markets.

Meson Valves India 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 system, piping, pumps, fittings, gaskets, flanges, and measurement devices.

The company's manufacturing unit is located in Bhamboli, Khed, Pune, Maharashtra. It procures products for further assembly and supply from countries like Denmark, Germany, Poland, South Korea, Netherlands, Sweden, Turkey, and the United Arab Emirates, and in the domestic market, from states such as Goa, Gujarat, Maharashtra, Karnataka, Tamilnadu, Andhra Pradesh, Dadra and Nagar Haveli, Delhi and Telangana.

Meson Valves India has two main business divisions: (i) domestic sales; and (ii) exports. The company has its 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 March 31, 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.

Meson Valves India IPO Details

Meson Valves India IPO is a Fixed Price Issue. The IPO total issue size is Rs 31.09 Cr. The Meson Valves India IPO price is ₹102 per share. The IPO will list on BSE SME.

Issue Size 3,048,000 shares
(aggregating up to ₹31.09 Cr)
Fresh Issue 3,048,000 shares
(aggregating up to ₹31.09 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue 7,112,062
Share holding post issue 10,160,062
Market Maker portion 156,000 shares
Shreni Shares

Meson Valves India IPO Reservation

 

Other Shares Offered 50% of the net offer
Retail Shares Offered 50% of the net offer

Company Financials

 
Meson Valves India IPO Financial Information (Restated)
Period Mar 2021 Mar 2022 Mar 2023
Assets 2,105.58 2,738.78 4,509.01
Revenue 1,542.35 1,431.57 3,719.30
Profit 11.81 212.54 452.43
Net Worth 55.17 267.71 1,849.57
Reserves 48.17 260.71 1,157.32
Borrowing 918.26 923.93 1,124.16
Amount in ₹ Lakhs
Lead Manager(s)
Strength
Weakness
Registrar

Maashitla Securities Private Limited

Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: