Shri Balaji Valve Components Limited
IPO Details
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Lot Distribution
Reservation
Company Fin.
₹51(51.00%)
Premium (ELP)
Shri Balaji Valve Components Limited's achieved publicly listed status following its IPO debut on Jan 03, 2024 at the BSE platform. The offering successfully mobilized 21,60,000 Shares, with 21,60,000 Shares allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹95 to ₹100, starting from minimum lots of 1200 shares. The subscription window from Dec 27, 2023 through Dec 29, 2023 enabled investor participation across market segments.
Share allocation was completed on Jan 01, 2024, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Shri Balaji Valve Components Ltd., founded in November 2011, manufactures valve components used in various types of valves including ball valves, butterfly valves, control valves, gate valves and check valves. The company produces components like balls, spindles, valve bodies, ports, shafts, discs, and more, along with forged products. It operates two manufacturing facilities in Pune, Maharashtra – the Bhosari plant for forging and heat treatment, and the Chakan MIDC plant for machining. The company supplies its products across India and also exports to international markets including Dubai, Germany, Singapore, Italy, South Africa, the US, the UK and more. As of June 30, 2023, the company employs 168 people, and also uses contract labour as required.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Laxmikant Sadashiv Kole
- Madhuri Laxmikant Kole
- Shrinivas Laxmikant Kole
Shri Balaji Valve Components Limited
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