Meson Valves India Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹102 - ₹102
- Lot size
- 1,200 shares
- Issue amount
- ₹31.09 cr
- Total subscription
- 173.71×
- Opens
- 8 Sept 2023
- Closes
- 12 Sept 2023
- Allotment
- 15 Sept 2023
- Listing
- 21 Sept 2023
Offer at a glance
Issue overview
- Issue size
- 30,48,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,22,400
- Fresh issue
- ₹31.09 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,22,400
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 71,12,062
- Shares after issue
- 1,01,60,062
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,22,400 |
| HNI | 2 | 2,400 | ₹2,44,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 14.75 | 2,994.38 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 6.59 |
| ROE | 0 |
| ROCE | 0 |
| RONW | 24.46 |
| PRE IPO(PE) | 15.47 |
| POST IPO(PE) | 22.92 |
Values and labels as reported in the issue data.
Company information
Company profile
Meson Valves India Limited, incorporated in 2016 and previously known as Sander Meson India Private Limited, supplies valves, actuators, strainers, and remote-control valve systems to both domestic and international markets. The company engages in assembling, buying, selling, distributing, importing, and exporting products such as valves, actuators, control cabinets, tanks, piping, pumps, fittings, gaskets, flanges, and measurement devices, along with their installation, maintenance, and servicing. Its manufacturing unit is located in Bhamboli, Khed, Pune, Maharashtra, sourcing products from countries including Denmark, Germany, Poland, South Korea, Netherlands, Sweden, Turkey, UAE, and across India. Meson Valves operates two divisions—domestic sales and exports—with a presence in major Indian states like Andhra Pradesh, Maharashtra, Tamil Nadu, Telangana, and internationally in Germany, South Korea, Oman, Russia, Sweden, UAE, Sri Lanka, Qatar, and Thailand.
Promoters
Mr. Brijesh Madhav Manerikar
Mr. Swaroop Raghuvir Nateka
Mr. Vivekanand Maruti Redekar
India Futuristic Marine Private Limited
Registrar & documents
Lead manager
Shreni Shares Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. L-45, First Floor, Software Technology Park, Verna Industrial Estate,
08322954198
[email protected]Company website ↗Understanding QUESTFLOW IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.