Shivalic Power Control Limited (NSE SME)
Jun 24, 2024 - Jun 26, 2024
| Price | ₹95 - ₹100 |
| Premium | ₹225 |
|---|---|
| Lot size | 1200 |
| Allotment | Jun 27, 2024 |
| Listing | Jul 1, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 120000 | 1778 |
| HNI | 2 | 2400 | 240000 | 762 |
Last updated on 26-Jun-2024 17:01:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1219200 | 207651600 | 170.32 |
| NIB | 914400 | 399354000 | 436.74 |
| RETAIL | 2133600 | 491034000 | 230.14 |
| Total | 4267200 | 1098039600 | 257.32 |
| Retail Apps | 409195 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹58.63 | @8% ₹67.01 | @9% ₹75.38 | @10% ₹83.76 | @11% ₹92.13 | @12% ₹100.51 |
Shivalic Power Control IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.17% | 2133600 |
| NII (HNI) | 14.22% | 914400 |
| Anchor | 28.43% | 1828800 |
| QIB | 18.96% | 1219200 |
| Market Maker | 5.22% | 336000 |
| Total | 100.00% | 6432000 |
Shivalic Power Control IPO Details
| Issue Size | 6,432,000 shares (aggregating up to ₹64.32 Cr) |
| Fresh Issue | 6,432,000 shares (aggregating up to ₹64.32 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,683,754 |
| Share holding post issue | 24,115,754 |
| Market Maker portion | 336,000 shares Ss Corporate Securities |
Key Performance Indicator
| KPI | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 28.33% | 36.82% | 11.66% |
| ROCE | 19.20% | 24.64% | 9.22% |
| RONW | 28.33% | 36.82% | 11.66% |
| D/E | 1.09 | 1.02 | 1.72 |
| EPS (Diluted) | 4.45 | 4.19 | 1.02 |
| P/E Pre IPO | 24.69 | ||
| P/E Post IPO | 23.79 |
Company Financials
Shivalic Power Control Limited Financial Information (Restated)
Shivalic Power Control Limited's revenue increased by 44.03% and profit after tax (PAT) rose by 309.78% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|
| Assets | 7,814.35 | 5,827.00 | 6,097.56 | 4,869.44 |
| Revenue | 6,379.16 | 8,269.39 | 5,741.44 | 5,238.00 |
| Profit | 760.11 | 716.26 | 174.79 | 67.28 |
| Net Worth | 3,063.44 | 2,303.33 | 1,587.07 | 1,412.28 |
| Reserves | 3,110.22 | 2,350.11 | 1,633.85 | 1,459.05 |
| Borrowing | 3,328.94 | 899.92 | 2,722.65 | 2,393.66 |
| Amount in ₹ Lakhs | ||||
About Company
Founded in 2004, Shivalic Power Control Limited specializes in manufacturing a comprehensive range of electric panels, including PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG Synchronisation Panels, Outdoor Panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Duct, and LT & HT APFC Panels. The company is authorized by industry leaders such as L&T, Siemens, Schneider Electric, and TDK to produce fully type-tested panels in accordance with IEC 61439 - 1&2, IEC 61641, and IS1893 standards. Serving over 15 industrial sectors both domestically and internationally, Shivalic Power Control Limited exports its products to countries including Nepal, Bangladesh, and several African nations like Uganda, Kenya, Nigeria, and Algeria. The company's manufacturing facility adheres to rigorous international standards, having obtained ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications for quality management, environmental management, and occupational health and safety management systems. As of December 31, 2023, the company has a total of 180 employees.
Strength Factors
Experienced Leadership: Shivalic Power Control Limited benefits from a seasoned promoter and management team with deep industry expertise and a proven track record of success.
Advanced Manufacturing Facility: The Company operates a modern facility in Faridabad equipped with advanced technology, ensuring high-quality production standards.
Strong Financial Position: Shivalic Power Control Limited maintains a robust financial standing, characterized by reduced leverage and increasing economies of scale, enhancing overall returns.
Risk Factors
Unidentified Acquisitions: Investing in unidentified acquisitions could lead to significant financial losses if these ventures are not sustainable, potentially harming the company's overall portfolio.
Capital Expenditure Delays: Any delays in placing orders or receiving equipment/machinery for capital expenditures could result in time and cost overruns, adversely affecting operational timelines and budgets.
Bank Guarantees: The Company has issued guarantees worth 694.87 Lakh. Future defaults on these guarantees could pose a substantial financial risk.
Shivalic Power Control IPO Lead Manager(s)
- Corporate Capitalventures Pvt Ltd
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php