Shri Balaji Valve Components IPO 

Shri Balaji Valve Components IPO  will open for subscription from 27 December 2023. The company aims for an issue size of ₹21.60 Cr through this IPO.

Company Overview

Full nameShri Balaji Valve Components Limited
SectorCapital Goods
IndustryEngineering – Industrial Equipments
Company Website

About Company

Shri Balaji Valve Components produces ready-to-assemble valve components tailored for the production of valves utilized across diverse industries and varying sizes based on customer specifications. Shri Balaji Valve, an ISO 9001-2015 certified company, manufactures various components such as balls, stems, valve bodies, connectors, trunnions, flanges, housings, rings, shafts, bonnets, discs, sleeves, etc. These components are utilized in the production of different types of valves, including Ball Valves, Butterfly Valves, Control Valves, Globe Valves, Gate Valves, and Check Valves.

At present, Shri Balaji Valve operates from two manufacturing facilities situated in Pune, Maharashtra. The first facility, situated in Bhosari, Pune, is equipped with forging capabilities and heat treatment facilities. Meanwhile, the second manufacturing facility is located at Chakan MIDC, Bhamboli, Pune, where machining work is undertaken. Over the past three years, Shri Balaji Valve has exported valve components to various countries, including Germany, Singapore, Taiwan, Italy, South Africa, the UAE, the USA, the UK, and Qatar.

The Objectives of the 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 Timetable

IPO Opening date27 December 2023
IPO Closing29 December 2023
Basis of Allotment01 January 2024
Initiation Refund02 January 2024
Credit to Demat Account02 January 2024
Listing Date03 January 2024
(Cut-off time for UPI mandate confirmation – 5 PM on December 29, 2023)

Shri Balaji Valve Components IPO details

Issue typeBook Built Issue IPO
IPO issue size₹21.60 Cr – 2,160,000 shares
Fresh Issue₹21.60 Cr – 2,160,000 shares
Offer for saleNil
Face value₹10 per share
Price Band ₹95 to ₹100 per share
Lot size1200 Shares
Market Maker portion114,000 shares
Shareholding pre-issue6,000,000
Shareholding post-issue8,160,000
Listing ExchangeBSE SME

Shri Balaji Valve Components IPO Lot Size

Retail (Min)11200₹120,000
Retail (Max)11200₹120,000
HNI (Min)22,400₹240,000

Shri Balaji Valve Components IPO Reservation Details

Investor CategoryShares Offered
Anchor Investor Shares Offered613,200 (28.39%)
Market Maker Shares Offered114,000 (5.28%)
QIB Shares Offered409,200 (18.94%)
NII (HNI) Shares Offered307,200 (14.22%)
Retail Shares Offered716,400 (33.17%)
Total Shares Offered2,160,000 (100%)

Shri Balaji Valve Components Financial Performance

 FY 2021FY 2022FY 2023Q1 FY 2024
Net income(0.03)1.536.431.85
(Amount in ₹ Crores)

Shri Balaji Valve Components Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio8.86 – 9.33
RONW (%)29.64106.1081.50
ROCE (%)1.018.1726.47
EBITDA (%)2.487.0317.60

Company Promoters

  • Laxmikant Sadashiv Kole
  • Madhuri Laxmikant Kole
  • Shrinivas Laxmikant Kole.

Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding73.53%

Shri Balaji Valve Components IPO Lead Manager(s)

904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000

Shri Balaji Valve Components Registrar

S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200

Shri Balaji Valve Components Contact Details

Plot No – PAP B 31 Chakan MIDC, PH -2 Khed,
Bhamboli, Pune, Maharashtra, India, 410501
Phone: +91 97655 65409

Shri Balaji Valve Components IPO Allotment Status

Shri Balaji Valve IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.

Final thoughts

Shri Balaji Valve Components IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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