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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹21.60 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹21.60 Cr |
| Fresh Issue | ₹20.46 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹95.00-100.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544074 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Hem Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Founded in November 2011, Shri Balaji Valve Components Ltd. produces valve components for ball valves, butterfly valves and other valves, including forged products.
The company produces various valve components such as balls, spindles, valve bodies, ports, trunnions, flanges, housings, rings, shafts, hoods, discs and sleeves. These components are used in various types of valves such as ball valves, butterfly valves, control valves, gate valves and check valves.
The company has two manufacturing facilities in Pune, Maharashtra. These plants have machinery and facilities for forging, heating and machining materials. One plant in Bhosari, Pune, is equipped for forging and heat treatment. The other plant in Chakan MIDC, Bhamboli, Pune, is responsible for machining.
The company offers a wide range of products, enabling it to serve a large customer base across India. In addition, the company has expanded its reach to international locations such as 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 additional help is needed for the factories, the company hires contract labour.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards installation of additional plant and machinery. | 8.05 |
| 2 | To meet working capital requirements | 7.50 |
| 3 | General Corporate Purpose | 3.97 |
| Total | 19.52 |
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 51.32 | 50.23 | 39.73 | 17.59 |
| Total Income | 16.55 | 62.94 | 39.06 | 16.16 |
| Profit After Tax | 1.85 | 6.43 | 1.53 | -0.03 |
| NET Worth | 9.76 | 7.89 | 1.45 | -0.11 |
| Reserves and Surplus | 3.77 | 7.91 | 1.48 | -0.06 |
| Total Borrowing | 28.79 | 28.78 | 28.00 | 14.00 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 136.76% |
| ROCE | 26.47% |
| Debt / Equity | 3.63% |
| RoNW | 81.50% |
| PAT Margin | 10.33% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 10.72 | |
| P/E (x) | 9.33 | 11.04 |
| Promoter Holding | 100% | 73.53% |
| Market Cap | ₹81.60 Cr. | |
