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Meson Valves IPO IPO

SME8 Sep 202312 Sep 2023
Open
8 Sep 2023
Close
12 Sep 2023
3
Allotment
Listing
Thu, Sep 21, 2023
Price Band
₹102 per share
Issue Size
30,48,000 shares (agg. up to ₹31 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Sep 21, 2023
Latest GMP
₹93
Est. Gain
91.18%
✦ AI Insight

GMP Trend

21-09-202393Est. ₹195+91.18%
20-09-202393Est. ₹195+91.18%
19-09-202397Est. ₹199+95.1%

Live Subscription

CategorySubscription (times)
Total173.16x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets45.0927.3921.06
Total Income37.1914.3215.42
Profit After Tax4.522.130.12
NET Worth18.502.680.55
Reserves and Surplus11.572.610.48
Total Borrowing11.249.249.18
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Jiwanram Sheoduttrai Industries Ltd.SME₹17.07 Cr₹239.91₹28.50+23.91%₹5.25 (+0.96%)
Alphalogic Industries Ltd.SME₹12.88 Cr₹9622.3₹96.29+0.30%₹151.00 (+9.03%)
Auro Impex & Chemicals Ltd.SME₹27.07 Cr₹7812.07₹75.70-2.95%₹25.15 (+2.03%)
Srivasavi Adhesive Tapes Ltd.SME₹15.50 Cr₹4116.08₹42.00+2.44%₹94.35 (+3.68%)
Sealmatic India Ltd.SME₹56.24 Cr₹22518.75₹236.25+5.00%₹393.65 (+0.94%)
Harsha Engineers International Ltd.Mainboard₹755.00 Cr₹33032.67₹486.50+47.42%₹427.45 (+0.42%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Purchase of Plant and Machinery for setting up of Manufacturing unit;11.37
2Funding working capital requirements; and11.95
3General corporate purposes7.26

About Meson Valves IPO

Incorporated in 2016, Meson Valves India Limited, previously known as Sander Meson India Private Limited, is a supplier of valves, actuators, Strainers, and remote-control valve systems to industries both in domestic and international markets. Meson Valves India is engaged in the business of assembling, buying, selling, distributing, importing, exporting, or otherwise dealing in products like valves, actuators, remote control systems, control cabinets, tanks, visualization systems, piping, pumps, fittings, gaskets, flanges, and measurement devices. It also deals in the installation, maintenance, servicing, or otherwise handling of equipment and services that control and manage all products like valves, actuators, remote control systems, control cabinets, tanks, visualization system, piping, pumps, fittings, gaskets, flanges, and measurement devices. The company's manufacturing unit is located in Bhamboli, Khed, Pune, Maharashtra. It procures products for further assembly and supply from countries like Denmark, Germany, Poland, South Korea, Netherlands, Sweden, Turkey, and the United Arab Emirates, and in the domestic market, from states such as Goa, Gujarat, Maharashtra, Karnataka,

Contact Details

Meson Valves India Ltd. AddressPlot No.L-45, First FloorSoftware Technology Park, Verna Industrial EstateSalcete, Dist.South GoaSouth Goa, Goa, 40372208322954198investor@mvi.ltdVisit Website