Shri Balaji Valve Components IPO GMP Today

Shri Balaji Valve Components IPO GMP Today

The Shri Balaji Valve Components IPO commenced on December 27, 2023, and concluded on December 29, 2023. The allotment of shares took place on January 1, 2024, and the initiation of refunds began on January 2, 2024. The shares were credited to the demat accounts of investors on January 2, 2024. Finally, the listing of Shri Balaji Valve Components on the stock exchange occurred on January 3, 2024.

The Shri Balaji Valve Components IPO was priced at ₹95 to ₹100 per share, with a lot size of 1200 shares. The total issue size was ₹21.60 crores, comprising a fresh issue of 21.60 crores. The IPO was listed on the BSE SME.

In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 18.94% of the shares, the NII (Non-Institutional Investors) quota was reserved for 14.22% of the shares, and the retail quota was reserved for 33.17% of the shares.

Shri Balaji Valve Components IPO Basic Details

Company NameShri Balaji Valve Components Limited
Domain of CompanyManufacture Valve Components
Shri Balaji Valve IPO GMP Today₹30
Shri Balaji Valve IPO Listing Gain30.00%
Shri Balaji Valve IPO Open DateDecember 27, 2023
Shri Balaji Valve IPO Close DateDecember 29, 2023
Shri Balaji Valve IPO Allotment DateJanuary 1, 2024
Shri Balaji Valve IPO Listing DateJanuary 3, 2024
Face Value₹10 per share
Price₹95 to ₹100 per share
Lot Size1200 Shares
Issue Size2,160,000 shares of ₹10
(aggregating up to ₹21.60 Cr)
Fresh Issue2,160,000 shares of ₹10
(aggregating up to ₹21.60 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Company PromotersLaxmikant Sadashiv Kole,
Madhuri Laxmikant Kole and
Shrinivas Laxmikant Kole

Shri Balaji Valve Components IPO GMP Today:

DateGMPListing GainKostakSubject to
Today₹3030.00%
28 December 2023₹3030.00%
27 December 2023₹3030.00%
26 December 2023₹3030.00%
25 December 2023₹3030.00%

Shri Balaji Valve IPO Details:

Shri Balaji Valve Components Ltd. started in November 2011. They make parts for different types of valves, like ball valves and butterfly valves. These parts are forged. The company has two plants in Pune, Maharashtra. One in Bhosari is for forging and heat treatment, while the other in Chakan MIDC, Bhamboli, is for machining.

The company makes various valve parts, such as balls, spindles, valve bodies, ports, trunnions, flanges, housings, rings, shafts, hoods, discs, and sleeves. These parts go into different valves, like ball valves, butterfly valves, control valves, gate valves, and check valves.

Their plants in Pune have machines for forging, heating, and machining materials. They sell their products in India and internationally in places like Dubai, Germany, Singapore, Taiwan, Italy, South Africa, the US, the UK, Qatar, and Pennsylvania.

By June 30, 2023, the company has 168 employees. When they need more workers for the plants, they hire temporary labor.

Shri Balaji Valve Components IPO More Details Click Here

Shri Balaji Valve Components IPO FAQs

When is Shri Balaji Valve Components IPO open?

Shri Balaji Valve Components IPO will open on 27 December 2023.

When is Shri Balaji Valve Components IPO Close?

Shri Balaji Valve Components IPO will be closed on 29 December 2023.

What is Shri Balaji Valve Components IPO GMP Today?

The Shri Balaji Valve Components IPO GMP aka Grey Market Premium is ₹30.

What is Shri Balaji Valve Components IPO Kostak Rates Today?

The Shri Balaji Valve Components IPO Kostak Rate is ₹000.

What is Shri Balaji Valve Components IPO Subject to Sauda Price Today?

The Shri Balaji Valve Components IPO subject to sauda rates is ₹000.

Shri Balaji Valve Components IPO Expected Returns?

The Shri Balaji Valve Components expected return is 30.00%.

How much will be the listing gain in Shri Balaji Valve Components IPO?

Shri Balaji Valve Components IPO will get listing gain of 30.00%. (Approx.)

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