Shri Balaji Valve Components IPO Subscription Status

Shri Balaji Valve Components IPO Subscription Status

The Shri Balaji Valve Components IPO started on December 27, 2023, and ended on December 29, 2023. Shares were allocated on January 1, 2024, and refund processes began on January 2, 2024. On January 2, 2024, the shares were credited to investors demat accounts. Shri Balaji Valve Components was officially listed on the stock exchange on January 3, 2024.

During the IPO, Shri Balaji Valve offered shares at a price range of ₹95 to ₹100 per share, and the lot size was 1200 shares. The total issue size was ₹21.60 crores, with 21.60 crores from new shares. The IPO was listed on the BSE SME.

Shri Balaji Valve Components IPO Subscription Update Video

Shri Balaji Valve Components IPO Subscription Status

The Shri Balaji Valve Components IPO on December 29, 2023 was subscribed 276.44 times, with the retail category being subscribed 169.95 times, the NII (Non-Institutional Investor) category being subscribed 799.70 times, the QIB (Qualified-Institutional Buyers) category being subscribed 70.04 times.

CategorySubscription
QIB70.04x
NII799.70x
Retail169.95x
Total276.44x

Shri Balaji Valve IPO Basic Details

Company NameShri Balaji Valve Components Limited
Domain of CompanyManufacture Valve Components
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

About Shri Balaji Valve Components Limited

Shri Balaji Valve Components Ltd. started in November 2011. They make parts for different valves like ball valves and butterfly valves. They also make forged products.

They create various valve parts like balls, spindles, valve bodies, ports, trunnions, flanges, housings, rings, shafts, hoods, discs, and sleeves. These parts are used in different types of valves like ball valves, butterfly valves, control valves, gate valves, and check valves.

The company has two places where they make things in Pune, Maharashtra. These places have machines for forging, heating, and working with materials. One place in Bhosari, Pune, is set up for forging and heat treatment. The other one in Chakan MIDC, Bhamboli, Pune, is for machining.

They have a big variety of products, so they can serve many customers in India. They also sell their products in other countries like Dubai, Germany, Singapore, Taiwan, Italy, South Africa, the US, the UK, Qatar, and Pennsylvania.

By June 30, 2023, the company has 168 workers. When they need more help in the factories, they hire temporary workers.

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Shri Balaji Valve Components IPO FAQs

What is the start and end date of Shri Balaji Valve Components IPO Subscription?

The Shri Balaji Valve Components IPO started on December 27, 2023, and ended on December 29, 2023.

When does Shri Balaji Valve Components IPO Subscription open?

The Shri Balaji Valve Components IPO open on December 27, 2023.

When does Shri Balaji Valve Components IPO Subscription close?

The Shri Balaji Valve Components IPO Close on December 29, 2023.

What is the allotment date of Shri Balaji Valve Components IPO?

The allotment date for Shri Balaji Valve Components IPO is January 1, 2024.

When is the initial refund date of Shri Balaji Valve Components IPO?

The initial Refund date for Shri Balaji Valve Components IPO is January 2, 2024.

When were the shares credited to investors demat accounts for the Shri Balaji Valve Components IPO?

The shares for the Shri Balaji Valve Components IPO were credited to investors demat accounts on January 2, 2024.

When will Shri Balaji Valve Components IPO be listed on the stock market?

Shri Balaji Valve Components IPO stock market will be listed on January 3, 2024 at 10 am.

What was the price range of the Shri Balaji Valve Components IPO shares?

The Shri Balaji Valve Components IPO shares were offered at a price range of ₹95 to ₹100 per share.

What was the lot size for the Shri Balaji Valve Components IPO shares?

The lot size for the Shri Balaji Valve Components IPO shares was 1200 shares.

What was the total issue size of the Shri Balaji Valve Components IPO?

The total issue size of the Shri Balaji Valve Components IPO was ₹21.60 crores.

On which stock exchanges was the Shri Balaji Valve Components IPO listed?

The Shri Balaji Valve Components IPO was listed on the BSE SME.

What is the Shri Balaji Valve Components IPO Subscription Status?

Shri Balaji Valve Components IPO is subscribed 276.44 Times.

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