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Open
24 Jun 2024
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Close
26 Jun 2024
3
Allotment
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Listing
Mon, Jul 1, 2024
Price Band
₹95 to ₹100
Issue Size
64,32,000 shares (agg. up to ₹64 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Jul 1, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 178.25x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 78.14 | 58.27 | 60.98 | 48.69 |
| Total Income | 63.79 | 82.69 | 57.41 | 52.38 |
| Profit After Tax | 7.60 | 7.16 | 1.75 | 0.67 |
| NET Worth | 30.63 | 23.03 | 15.87 | 14.12 |
| Reserves and Surplus | 31.10 | 23.50 | 16.34 | 14.59 |
| Total Borrowing | 33.29 | 9.00 | 27.23 | 23.94 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| GP Eco Solutions India Ltd. | SME | ₹30.79 Cr | ₹94 | 21.44 | ₹393.75 | +318.88% | ₹410.95 |
| Alpex Solar Ltd. | SME | ₹74.52 Cr | ₹115 | 54.66 | ₹345.45 | +200.39% | ₹920.75 |
| Australian Premium Solar (India) Ltd. | SME | ₹28.08 Cr | ₹54 | 23.58 | ₹147.00 | +172.22% | ₹246.90 |
| Akanksha Power & Infrastructure Ltd. | SME | ₹27.49 Cr | ₹55 | 24.02 | ₹65.10 | +18.36% | ₹135.00 |
| Supreme Power Equipment Ltd. | SME | ₹46.67 Cr | ₹65 | 10.69 | ₹102.90 | +58.31% | ₹226.75 |
| Electro Force (India) Ltd. | SME | ₹80.68 Cr | ₹93 | 20.22 | ₹105.00 | +12.90% | ₹19.60 |
| Saakshi Medtech & Panels Ltd. | SME | ₹45.16 Cr | ₹97 | 10.18 | ₹153.30 | +58.04% | ₹333.75 |
| Sungarner Energies Ltd. | SME | ₹5.31 Cr | ₹83 | 13.07 | ₹262.35 | +216.08% | ₹328.50 |
| Oriana Power Ltd. | SME | ₹59.66 Cr | ₹118 | 20.7 | ₹317.10 | +168.73% | ₹1,233.40 |
| Rishabh Instruments Ltd. | Mainboard | ₹490.78 Cr | ₹441 | null | ₹443.15 | +0.49% | ₹815.90 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Meet out the working capital requirements of the company | 30.03 |
| 2 | Funding for procurement of new machineries | 5.82 |
| 3 | Construction of new assembly line by shedding the roof | 1.82 |
| 4 | Meet out the inorganic growth through unidentified acquisition for Company | 5.75 |
| 5 | General Corporate Expenses | 14.26 |
| 6 | Issue expenses | 6.65 |
| Total | 64.32 |
About Shivalic Power Control IPO
Updated on Aug 5, 2026
Contact Details
Shivalic Power Control Ltd. AddressPlot No.72Sector-68, IMTBallabgarh-Faridabad, Haryana, 121004+91–97183 88303compliance@shivalic.comVisit Website