Shri Balaji Valve Components IPO Details ( Shri Balaji Valve Components Limited IPO Review )
(27 Dec 2023 – 29 Dec 2023)
Shri Balaji Valve Components Ltd. started in November 2011, and it makes parts for different kinds of valves like ball valves and butterfly valves. They also create things like forged products.
The company manufacture various valve parts such as balls, spindles, valve bodies, ports, trunnions, flanges, housings, rings, shafts, hoods, discs, and sleeves. These parts go into different types of valves, such as ball valves, butterfly valves, control valves, gate valves, and check valves.
There are two places where the company makes these things, both in Pune, Maharashtra. The Bhosari plant is for forging and heat treatment, while the Chakan MIDC, Bhamboli plant is for machining.
Shri Balaji Valve Components Ltd. has a wide range of products, so they can help a lot of customers in India. They’ve also reached out to other countries like Dubai, Germany, Singapore, Taiwan, Italy, South Africa, the US, the UK, Qatar, and Pennsylvania.
As of June 30, 2023, the company has 168 employees. When they need extra help in the factories, they hire contract workers.
Shri Balaji Valve Components Limited Company Product
- Ball
- Stems
- Body of the Valve
- Connectors
- Trunnion
- Flanges
- Housings
- Rings
- Shafts
- Bonnets
- Discs
- Sleeves, etc.
Different Types of Valves:
- Ball Valve
- Butterfly Valve
- Control Valve
- Globe
- Gate & Check Valves
Shri Balaji Valve Components Limited IPO Competitive Strength
- Integrated manufacturing capabilities
- Experienced Management team
- Diversified range of products
- Long Standing Relationship with key Customers & Suppliers
- Quality Assurance and Standards
Shri Balaji Valve Components IPO Financials Performance ( Results )
Shri Balaji Valve Components Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 1,758.63 | 1,616.49 | -3.22 | -0.05 | -10.85 | -0.18 | -5.77 | 1,399.54 |
| 31-Mar-22 | 3,973.46 | 3,906.05 | 153.47 | 2.56 | 144.64 | 2.41 | 147.70 | 2,799.71 |
| 31-Mar-23 | 5,023.02 | 6,294.10 | 643.15 | 10.72 | 789.14 | 13.15 | 790.85 | 2,877.99 |
| 30-Jun-23 | 5,132.00 | 1,654.64 | 184.84 | 3.08 | 975.66 | 16.26 | 377.01 | 2,879.49 |
Objective of Shri Balaji Valve Components IPO Issue
- Funding Capital Expenditure towards the installation of additional plant and machinery.
- To meet working capital requirements.
- General Corporate Purpose.
Shri Balaji Valve Components IPO Basic Details
| IPO Date | Dec 27, 2023 to Dec 29, 2023 |
| Listing Date | Wednesday, January 3, 2023 |
| Face Value | ₹10 per share |
| Price | ₹95 to ₹100 per share |
| Lot Size | 1200 Shares |
| Issue Size | 2,160,000 shares of ₹10 (aggregating up to ₹21.60 Cr) |
| Fresh Issue | 2,160,000 shares of ₹10 (aggregating up to ₹21.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 6,000,000 |
| Share holding post issue | 8,160,000 |
| Company Promoters | Laxmikant Sadashiv Kole, Madhuri Laxmikant Kole and Shrinivas Laxmikant Kole |
Shri Balaji Valve Components IPO Reservation
| Anchor Investor Shares Offered | 28.39% of the Net Issue |
| Market Maker Shares Offered | 5.28% of the Net Issue |
| QIB Shares Offered | 18.94% of the Net Issue |
| NII (HNI) Shares Offered | 14.22% of the Net Issue |
| Retail Shares Offered | 33.17% of the Net Issue |
| Total Shares Offered | 100% of the Net Issue |
Shri Balaji Valve IPO Timetable
Shri Balaji Valve IPO will open on December 27, 2023 and close on December 29, 2023. You can join Shri Balaji Valve IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 27 December 2023 (Wednesday) |
| Closing Date | 29 December 2023 (Friday) |
| Basis of Allotment | 1 January 2024 (Monday) |
| Initiation of Refunds | 2 January 2024 (Tuesday) |
| Credit of Shares to Demat | 2 January 2024 (Tuesday) |
| Listing Date | 3 January 2024 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 29 December 2023 |
Shri Balaji IPO Lot Size
For retail investors in Shri Balaji IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| S-HNI (Min) | 2 | 2400 | ₹240,000 |
Shri Balaji Valve Components IPO Promoter Holding
The company’s promoters include Laxmikant Sadashiv Kole, Madhuri Laxmikant Kole and Shrinivas Laxmikant Kole.
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.53% |
Shri Balaji Valve Components 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.) | 81.60 |
| Earning Per Share (EPS) | ₹10.72 per Equity Share |
| Net Asset Value (NAV) | ₹13.15 per Equity Share |
| P/E Ratio (P/E) (x) | 9.33 |
| Post P/E Ratio (P/E) (x) | 11.04 |
| Return on Net Worth (RoNW) (%) | 81.50 |
| Return on equity (ROE) (%) | 136.76 |
| Return on Capital Employed (ROCE) (%) | 26.47 |
| Debt/Equity Ratio | 3.63 |
Shri Balaji Valve Components IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹30 | – | – |
| 28 December 2023 | ₹30 | – | – |
| 27 December 2023 | ₹30 | – | – |
| 26 December 2023 | ₹30 | – | – |
Shri Balaji Valve Components IPO Detail Video:
link
Shri Balaji Valve Components IPO Subscription Status (Bidding Detail)
The Shri Balaji Valve Components IPO on December 29, 2023 at 7:30:00 PM 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, QIB (Qualified-Institutional Buyers) category being subscribed 70.04 times.
| Category | Subscription |
| QIB | 70.04x |
| NII | 799.70x |
| Retail | 169.95x |
| Total | 276.44x |
Shri Balaji Valve Components IPO Prospectus
| Shri Balaji Valve Components IPO DRHP | Download |
| Shri Balaji Valve Components IPO RHP | Download |
| Shri Balaji Valve Components IPO Anchor Investors Details PDF | Download |
Shri Balaji Valve Components IPO Rating
| Our Rating | 3.5/5.0 |
Shri Balaji Valve Components Company Contact Information
Shri Balaji Valve Components Limited
Registered Office: Plot No – PAP B 31 Chakan MIDC, PH -2 Khed, Bhamboli, Pune, Maharashtra, India, 410501.
Contact Person: Shrinivas Laxmikant Kole, Chief Financial Officer
Tel No: +91 97655 65409
E-mail: Info@balajivalvecomponents.Com
Website: www.balajivalvecomponents.com
Promoters of our Company: Laxmikant Sadashiv Kole, Madhuri Laxmikant Kole, Shrinivas Laxmikant Kole
Shri Balaji Valve Components IPO Registrar
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400093, India.
Tel No.: +91 22 6263 8200; Facsimile: +91 22 6263 8299
Email: ipo@bigshareonline.com
Contact Person: Mr. Babu Rapheal
Website: www.bigshareonline.com
SEBI Registration Number: INR000001385
Shri Balaji Valve Components IPO Lead Manager
Hem Securities Limited
Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000; Fax No.: +91- 022- 22625991
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Mr. Sourabh Garg
SEBI Regn. No.: INM000010981
Shri Balaji Valve Components IPO FAQs
What is the lot size of Shri Balaji Valve Components IPO?
The total size of Shri Balaji Valve Components IPO is ₹21.60 crores and this is a complete fresh Issue.
When will Shri Balaji Valve Components IPO start?
Shri Balaji Valve Components IPO will open from 27 December 2023 and IPO will close on 29 December 2023.
What is the open date of Shri Balaji Valve Components IPO?
Shri Balaji Valve Components IPO will open date from 27 December 2023.
What is the last date ( close date ) of Shri Balaji Valve Components IPO?
Shri Balaji Valve Components IPO will close from 29 December 2023.
What is the price band of Shri Balaji Valve Components IPO?
Shri Balaji Valve Components IPO price band is ₹95 to ₹100. ( Upper Price Band: ₹100, Lower Price Band: ₹95 )
What is the minimum amount required to apply for Shri Balaji Valve Components IPO?
The minimum investment for retailers to apply for Shri Balaji Valve Components IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Shri Balaji Valve Components IPO?
View gray market premium of Shri Balaji Valve Components IPO by Clicking Here
How much is the GMP of Shri Balaji Valve Components IPO?
Watch Shri Balaji Valve Components IPO GMP Today: Click Here
What is the allotment date of Shri Balaji Valve Components IPO?
The allotment date of Shri Balaji Valve Components IPO is January 1, 2024.
How to check allotment status in Shri Balaji Valve Components IPO?
To check the allotment status of Shri Balaji Valve Components IPO, first of all go to the registrar website by clicking here, select your bad Shri Balaji Valve Components 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 Shri Balaji Valve Components IPO?
The listing date of Shri Balaji Valve Components IPO is January 3, 2024.
How much will be the listing gain in Shri Balaji Valve Components IPO?
View listing gain of Shri Balaji Valve Components IPO by Clicking Here
How much time Shri Balaji Valve Components IPO is subscribed?
Total 276.44 times subscribed in Shri Balaji Valve Components IPO out of which 169.95 times subscription was done in retail quota, 799.70 times subscription in NII quota and 70.04 times subscription in QIB quota.
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