Shivalic Power Control Limited
Book Built Issue IPO · NSE
- Price band
- ₹95 - ₹100
- Lot size
- 1,200 shares
- Issue amount
- ₹64.32 cr
- Total subscription
- 257.32×
- Opens
- 24 Jun 2024
- Closes
- 26 Jun 2024
- Allotment
- 27 Jun 2024
- Listing
- 1 Jul 2024
Offer at a glance
Issue overview
- Issue size
- 64,32,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,14,000
- Fresh issue
- ₹64.32 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,20,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,76,83,754
- Shares after issue
- 2,41,15,754
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,20,000 |
| HNI | 2 | 2,400 | ₹2,40,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 12.19 | 2,076.52 |
| RETAIL | 21.34 | 4,910.34 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 4.45 | 4.19 | 1.02 |
| ROE | 28.33 | 36.82 | 11.66 |
| ROCE | 19.2 | 24.64 | 9.22 |
| RONW | 28.33 | 36.82 | 11.66 |
| PRE IPO(PE) | 24.69 | 0 | 0 |
| POST IPO(PE) | 23.79 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Shivalic Power Control Limited, founded in 2004, specializes in manufacturing a wide range of electric panels, including PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG Synchronization Panels, Outdoor Panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Duct, and LT & HT APFC Panels. Authorized by industry leaders like L&T, Siemens, Schneider Electric, and TDK, the company produces fully type-tested panels meeting IEC 61439 - 1&2, IEC 61641, and IS1893 standards. Serving over 15 industrial sectors, Shivalic Power Control exports its products to Nepal, Bangladesh, and African nations such as Uganda, Kenya, Nigeria, and Algeria. Its manufacturing facility adheres to global quality standards, holding ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. As of December 31, 2023, the company employs 180 professionals.
Strengths
- Experienced Leadership: Shivalic Power Control Limited is guided by an expert management team with a strong track record in the industry.
- State-of-the-Art Manufacturing: The company’s modern facility in Faridabad is equipped with advanced technology, ensuring top-quality production.
- Solid Financial Health: With low debt and growing economies of scale, the company maintains a strong financial position, boosting overall returns.
Risk factors
- Risky Acquisitions: Investing in unidentified ventures could lead to financial losses if they don’t perform well, potentially impacting the company’s portfolio.
- Capital Expenditure Delays: Late orders or delays in receiving equipment could lead to higher costs and disruptions in operations.
- Financial Risk from Guarantees: The company has issued bank guarantees worth ₹694.87 lakh, and any defaults could create significant financial challenges.
Promoters
Mr. Amit Kanwar Jindal
Mrs. Sapna Jindal
Registrar & documents
Lead manager
Corporate Capitalventures Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 72, Sector- 68, IMT, Faridabad, Ballabgarh- 121004
+91–97183 88303
[email protected]Company website ↗Understanding SPCL 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.