Shivalic Power Control SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Shivalic Power Control IPO. Explore Shivalic Power Control IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Shivalic Power Control Limited is an ISO-certified manufacturer specializing in Low Tension (LT) and High Tension (HT) electric panels. With a robust operational history spanning two decades, the company is renowned for its commitment to quality, innovative design, and technological advancement in electrical panel manufacturing. Shivalic’s extensive product range includes PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG Synchronization Panels, Outdoor Panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Ducts, and LT & HT APFC Panels. The company serves over 15 industrial sectors both in India and internationally, including Nepal, Bangladesh, and various African countries.
Key Points:
- Product Range:
- Diverse Product Portfolio: PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG Synchronization Panels, Outdoor Panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Ducts, LT & HT APFC Panels.
- Industry Standards Compliance: Panels manufactured as per IEC 61439-1&2, IEC 61641, IS1893.
- Technological Innovation: Focus on Techno Modular Design – Fully Bolted Panels with Aluminium and Copper Bus Bar, differentiating from traditional welding panels.
- Company Background: Established in 2004 by Mr. Amit Kanwar Jindal, initially focusing on Low Voltage Panel assembly. Transitioned from a partnership firm to a private limited company in April 2023 and became a public limited company in November 2023.
- Manufacturing Facility:.
- Infrastructure: 1,25,000 Sq. Feet manufacturing facility, equipped with advanced machinery from brands like Trumpf, Ermaksan, Gasprini, Amada, LV-HD machines, and Bosch.
- Capacity: Production capacity of 10,000 Verticals per annum with a team of 180 professionals.
- Clientele and Market Reach:
- Wide Client Base: Served over 500+ clients across various sectors including Sugar, Paper, Cement, Steel, FMCG, Automobile, and Data Centers.
- Notable Clients: Hewlett Packard, DCM Shriram, Rungta Mines, Reliance Cement, Kalpataru Power Transmission, Jindal Steel & Power, JSW, Bikaji Foods, Dabur, Radico, Naini Paper, J K Paper, Orient Papers, J K Cement, Escorts, Yamaha Motors.
- Expansion and Diversification:
- New Ventures: Expanded into the data center industry, securing a major order for LT works in the RBI Data Centre complex at Bhubaneshwar from HPE in November 2023.
- Material Sourcing: Direct procurement from industry leaders like L&T, Siemens, ABB, C&S, EPCOS.
Objects of the Issue
- To meet out the working capital requirements of the company
- To meet out the capital expenditure of the company (a) Funding for procurement of new machineries. (b) Civil construction of warehouse by shedding the roof.
- To meet out the inorganic growth through unidentified acquisition for Company
- General Corporate Expenses
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 24 Jun - 26 Jun 2024 |
| IPO Price Band | ₹ 95 - 100 per share |
| Fresh Issue | 64,32,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 64.32 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 24 Jun 2024 |
| IPO Closing Date | 26 Jun 2024 |
| Basis Of Allotment | 27 Jun 2024 |
| Refunds | 28 Jun 2024 |
| Demat Transfer | 28 Jun 2024 |
| IPO Listing Date | 01 Jul 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 52.38 | 57.41 | 82.69 | 63.79 |
| Total Expenses | 51.27 | 55.50 | 73.11 | 53.50 |
| Net Profit/Loss | 0.67 | 1.75 | 7.16 | 7.60 |
| NPM (*) | 1.28 | 3.04 | 8.66 | 11.96 |
| Total Assets | 48.69 | 60.98 | 58.27 | 78.14 |
| Total Liabilities | 33.10 | 43.63 | 33.76 | 46.04 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 6.69 | 17.39 | 71.25 | 75.62 |
| ROE (%) | 4.84 | 11.66 | 36.82 | 28.33 |
| ROCE (%) | 9.84 | 9.22 | 24.64 | 19.20 |
| D/E Ratio | 1.69 | 1.72 | 1.02 | 1.09 |
| Current Ratio | 1.35 | 1.21 | 1.63 | 1.60 |
| EBITDA MARGIN (%) | 9.61 | 8.79 | 15.48 | 20.61 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Shivalic Power Control Limited | 82.16 | 23.87 | 4.19 | 36.82 | 17.93 |
| Saakshi Medtech And Panels Limited | 122.06 | NA | 9.53 | 29.32 | 32.49 |
| Marine Electricals (India) Limited | 391.27 | 22.54 | 1.56 | 10.83 | 14.68 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 170.32 |
| Non-Institutional Investor (NII/HNI) | 436.37 |
| Retail Individual Investor (RII) | 230.14 |
| Total | 257.24 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Skyline Financial Services Private Limited
Phone: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Company Promoters
- MR. AMIT KANWAR JINDAL
- MRS. SAPNA JINDAL
Lead Managers
- CORPORATE CAPITAL VENTURES PRIVATE LIMITED
Company Address
Shivalic Power Control Limited
Plot No. 72, Sector- 68, IMT, Faridabad, Ballabgarh, Haryana – 121004, India.
Phone: +91 – 97183 88303
Email: compliance@shivalic.com
Website: https://shivalic.com/
FAQs
- What is the issue size of the Shivalic Power Control SME IPO?The Shivalic Power Control SME IPO has an issue size of Approx ₹ 64.32 crore. This includes a fresh issue of 64,32,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Shivalic Power Control IPO?The price band for the Shivalic Power Control IPO is ₹ 95 - 100 per share.
- What are the bidding dates for the Shivalic Power Control IPO?The Shivalic Power Control IPO will open for bidding on 24 Jun 2024 and close on 26 Jun 2024.
- What is the allotment date for the Shivalic Power Control IPO?The allotment date for the Shivalic Power Control IPO is 27 Jun 2024.
- What is the listing date for the Shivalic Power Control IPO?The listing date for the Shivalic Power Control IPO is 01 Jul 2024.
- What is the Shivalic Power Control IPO grey market premium?The grey market premium (GMP) for the Shivalic Power Control IPO is currently at ₹225, with an expected listing gain of approximately 225%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.