SHREE BALAJI VALVE COMPONENTS (BSE SME)
December 27, 2023 – December 29, 2023
| Price | ₹95 - ₹100 |
| Premium | ₹51 |
|---|---|
| Lot size | 1200 |
| Allotment | Jan 1, 2024 |
| Listing | Jan 3, 2024 |
Live Rate
| Open | |
|---|---|
| High | |
| Low | |
| Prev. Close | |
| Lower circuit | |
| Upper circuit | |
| 52w High | |
| 52w Low | |
| P/E Ratio |
Subscription
Last updated on 29 Dec 2023 | 06:58:01 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 409200 | 28659600 | 70.04 |
| HNIs | 307200 | 245781600 | 800.07 |
| Retail | 716400 | 121755600 | 169.95 |
| Total | 1432800 | 396196800 | 276.52 |
| HNI Cost (7 Days) per share | |||||
|---|---|---|---|---|---|
| @7% ₹107.41 | @8% ₹122.75 | @9% ₹138.09 | @10% ₹153.44 | @11% ₹168.78 | @12% ₹184.13 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 120000 | 598 |
| HNI | 2 | 2400 | 240000 | 256 |
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 which enables 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 on its payroll. When additional help is needed for the factories, the company hires contract labour.
Balaji Valve Components IPO Details
| Issue Size | 2,160,000 shares (aggregating up to ₹21.60 Cr) |
| Fresh Issue | 2,160,000 shares (aggregating up to ₹21.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 6,000,000 |
| Share holding post issue | 8,160,000 |
| Market Maker portion | 114,000 shares Hem Finlease |
Balaji Valve Components IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Company Financials
Shri Balaji Valve Component Limited Financial Information (Restated)
Shri Balaji Valve Component Limited's revenue increased by 61.14% and profit after tax (PAT) rose by 319.07% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Jun 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 5,132.00 | 5,023.02 | 3,973.46 | 1,758.63 |
| Revenue | 1,654.64 | 6,294.10 | 3,906.05 | 1,616.49 |
| Profit | 184.84 | 643.15 | 153.47 | -3.22 |
| Net Worth | 975.66 | 789.14 | 144.64 | -10.85 |
| Reserves | 377.01 | 790.85 | 147.70 | -5.77 |
| Borrowing | 2,879.49 | 2,877.99 | 2,799.71 | 1,399.54 |
| Amount in ₹ Lakhs | ||||
Strength
Weakness
Lead Manager(s)
Address
Shri Balaji Valve Components Limited
Plot No - PAP B 31
Chakan MIDC, PH
2 Khed, Bhamboli, Pune, India, 410501
Phone: +91 97655 65409
Email: info@balajivalvecomponents.com
Website: https://www.balajivalvecomponents.com/