Meson Valves IPO Details ( Meson Valves India Limited IPO Review )
(8 Sep 2023 – 12 Sep 2023)
Established in 2016, Meson Valves India Limited, formerly known as Sander Meson India Private Limited, is a supplier of valves, actuators, strainers, and remote-control valve systems to industries in both domestic and international markets.
Meson Valves India is involved in various aspects of the valve and control systems business, including assembling, buying, selling, distributing, importing, exporting, and other related activities. They provide a wide range of products such as valves, actuators, remote control systems, control cabinets, tanks, visualization systems, piping, pumps, fittings, gaskets, flanges, and measurement devices. Additionally, they offer services for installation, maintenance, servicing, and overall management of these products.
The company’s manufacturing facility is situated in Bhamboli, Khed, Pune, Maharashtra. They source products for further assembly and distribution from countries like Denmark, Germany, Poland, South Korea, the Netherlands, Sweden, Turkey, and the United Arab Emirates. In the domestic market, they procure products from states including Goa, Gujarat, Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh, Dadra and Nagar Haveli, Delhi, and Telangana.
Meson Valves India operates through two primary business divisions: (i) domestic sales, and (ii) exports. They have a significant presence in various Indian states, including Andhra Pradesh, Assam, Goa, Gujarat, Kerala, Maharashtra, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal, and Karnataka, based on their sales performance in the years ending on March 31, 2023, 2022, and 2021. Internationally, they supply their products to countries such as Germany, South Korea, Oman, Russia, Sweden, the United Arab Emirates, Sri Lanka, Qatar, and Thailand.
Meson Valves India Limited Company Product
- Valves
- Actuators
- Remote Control Systems
- Control Cabinets
- Tanks
- Visualization Systems
- Piping
- Pumps
- Fittings
- Gaskets
- Flanges
- Measurement Devices
- Gate Valve
- Globe Valve (SDNR)
- Check Valve
- Ball Valve
- Butterfly Valve
- Self Closing Valves
- Quick Closing Valve
- Strainers
- Fire Hydrant Valve
- Storm Valve
- Systems
Meson Valves India Limited IPO Competitive Strength
- Enter into manufacturing segment
- Widen our product portfolio
- Expand our domestic/international presence
- Continue to maintain good relationships with our customers
- Brand Image
Meson Valves India IPO Financials Performance ( Results )
Meson Valves India Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 2,105.58 | 1,542.35 | 11.81 | 0.17 | 55.17 | 78.82 | 48.17 | 918.26 |
| 31-Mar-22 | 2,738.78 | 1,431.57 | 212.54 | 3.10 | 267.71 | 382.44 | 260.71 | 923.93 |
| 31-Mar-23 | 4,509.01 | 3,719.30 | 452.43 | 6.59 | 1,849.57 | 26.72 | 1,157.32 | 1,124.16 |
Objective of IPO Issue
- Purchase of Plant and Machinery for setting up of Manufacturing unit
- Funding working capital requirements
- General corporate purposes
Meson Valves India IPO Basic Details
| IPO Date | Sep 8, 2023 to Sep 12, 2023 |
| Listing Date | Thursday, September 21, 2023 |
| Face Value | ₹10 per share |
| Price | ₹102 per share |
| Lot Size | 1500 Shares |
| Issue Size | 3,048,000 shares of ₹10 (aggregating up to ₹31.09 Cr) |
| Fresh Issue | 3,048,000 shares of ₹10 (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 |
| Company Promoters | Brijesh Madhav Manerikar, Swaroop Raghuvir Natekar, Vivekanand Maruti Redekar And India Futuristic Marine Private Limited |
Meson Valves IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Meson Valves IPO Timetable
Meson Valves IPO will open on September 8, 2023 and close on September 12, 2023. You can join Meson Valves IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 8 September 2023 (Friday) |
| Closing Date | 12 September 2023 (Tuesday) |
| Basis of Allotment | 15 September 2023 (Friday) |
| Initiation of Refunds | 18 September 2023 (Monday) |
| Credit of Shares to Demat | 20 September 2023 (Wednesday) |
| Listing Date | 21 September 2023 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 12 September 2023 |
Meson Valves India IPO Lot Size
For retail investors in Meson Valves India IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹122,400. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹122,400.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹122,400 |
| Retail (Max) | 1 | 1200 | ₹122,400 |
| S-HNI (Min) | 2 | 2400 | ₹244,800 |
Meson Valves India IPO Promoter Holding
The company’s promoters include Brijesh Madhav Manerikar, Swaroop Raghuvir Natekar, Vivekanand Maruti Redekar And India Futuristic Marine Private Limited.
| Pre Issue Share Holding | 46.91% |
| Post Issue Share Holding | 32.83% |
Meson Valves India Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | Coming Soon |
| Earning Per Share (EPS) | ₹6.59 per Equity Share |
| Net Asset Value (NAV) | ₹26.72 per Equity Share |
| P/E Ratio (P/E) (x) | 15.47 |
| Return on Net Worth (RoNW) (%) | 24.21 |
| Return on equity (ROE) (%) | Coming Soon |
| Return on Capital Employed (ROCE) (%) | Coming Soon |
| Debt/Equity Ratio | Coming Soon |
Meson Valves India Ltd Peer Comparison
There are no listed companies in India and abroad that is engaged in developing a similar line of product solution to that of our Company. Accordingly, it is not possible to provide a comparison of accounting ratios of industry with our Company.
Meson Valve IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 8 September 2023 | ₹90 | – | – |
| 7 September 2023 | ₹90 | – | – |
| 6 September 2023 | ₹90 | – | – |
Meson Valves IPO Detail Video:
Meson Valves IPO Subscription Status (Bidding Detail)
The Meson Valves IPO on September 12, 2023 at 7:30:00 PM was subscribed 173.65 times, with the retail category being subscribed 203.02 times, the other category being subscribed 132.74 times.
| Category | Subscription |
| Other | 132.74x |
| Retail | 203.02x |
| Total | 173.65x |
Meson Valves IPO Prospectus
| Meson Valves IPO DRHP | Download |
| Meson Valves IPO RHP | Download |
| Meson Valves IPO Anchor Investors Details PDF | Download |
Meson Valves IPO Rating
| Our Rating | 4.0/5.0 |
Meson Valves Company Contact Information
Meson Valves India Limited
Registered Office: Plot No. L-45, First Floor, Software Technology Park,
Verna Industrial Estate, Salcete, Verna-403722, Goa, India.
Tel: 08322954198
E-mail: investor@mvi.ltd
Website: www.mvi.ltd
Contact Person: Anand Lohia, Company Secretary and Compliance Officer
Our Promoters: Brijesh Madhav Manerikar, Swaroop Raghuvir Natekar,
Vivekanand Maruti Redekar And India Futuristic Marine Private Limited
Meson Valves IPO Registrar
Maashitla Securities Private Limited
Registered Office: 451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi-110034, India
Tel: 011-45121795-96 / +91-22-48808634
E-mail: ipo@maashitla.com
Website: www.maashitla.com
Contact Person: Mr. Mukul Agrawal
SEBI Registration No.: INR000004370
Meson Valves IPO Lead Manager
Shreni Shares Limited
Registered Office: Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A,
Survey No. A-12, Ram Nagar, Borivali (West), Mumbai- 400 092, Maharashtra, India
Telephone: +91 22-2808 8456
E-mail: shrenishares@gmail.com
Investors Grievance e-mail: info@shreni.in
Contact Person: Mr. Parth Shah
Website: www.shreni.in
SEBI Registration Number: INM000012759
Meson Valves IPO FAQs
What is the lot size of Meson Valves IPO?
The total size of Meson Valves IPO is ₹31.09 crores and this is a complete fresh Issue.
When will Meson Valves IPO start?
Meson Valves IPO will open from 8 September 2023 and IPO will close on 12 September 2023.
What is the open date of Meson Valves IPO?
Meson Valves IPO will open date from 8 September 2023.
What is the last date ( close date ) of Meson Valves IPO?
Meson Valves IPO will close from 12 September 2023.
What is the price band of Meson Valves IPO?
Meson Valves IPO price band is ₹83.
What is the minimum amount required to apply for Meson Valves IPO?
The minimum investment for retailers to apply for Meson Valves IPO is ₹122,400 and the maximum investment is ₹122,400.
What is going on gray market premium of Meson Valves IPO?
View gray market premium of Meson Valves IPO by Clicking Here
How much is the GMP of Meson Valves IPO?
Watch Meson Valves IPO GMP Today: Click Here
What is the allotment date of Meson Valves IPO?
The allotment date of Meson Valves IPO is 15 September 2023.
How to check allotment status in Meson Valves IPO?
To check the allotment status of Meson Valves IPO, first of all go to the registrar website by clicking here, select your bad Meson Valves IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Meson Valves IPO?
The listing date of Meson Valves IPO is 21 September 2023.
How much will be the listing gain in Meson Valves IPO?
View listing gain of Meson Valves IPO by Clicking Here
How much time Meson Valves IPO is subscribed?
Total 173.65 times subscribed in Meson Valves IPO out of which 203.02 times subscription was done in retail quota, 132.74 times subscription in other quota.
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