| Company Name | Meson Valves India Limited |
| Open Date | 08-09-2023 |
| Close Date | 12-09-2023 |
| Exchange | BSE SME |
| Lot Size | 1200 Shares |
| Issue Price | ₹ 102 per share |
| Issue Size | 3,048,000 shares |
| Application Amount | ₹ 122,400 |
| Recommendation | Avoid |
| Meson Valves India Ltd was incorporated in the year 2016 and has its registered office in Verna, Goa. The Company is engaged in the business of supplying of valves, actuators, Strainers and remote-control valves systems to the industries both in domestic and international markets. The Company is also engaged in the business of assembling, buying, selling, distributing, importing, exporting or otherwise dealing in products like valves, actuators, remote control system, control cabinets, tanks, visualization system, piping, pumps, fittings, gaskets, flanges and measurement devices. They supply mainly to Naval, Oil and gas industries, Power, Refineries and General Industries, both in domestic and international markets. |
| For the Period Ended | Mar-21 | Mar-22 | Mar-23 |
| Total Assets | 2,105.58 | 2,738.78 | 4,509.01 |
| Net Assets | 55.17 | 267.71 | 1,849.57 |
| Total Borrowings | 918.27 | 923.93 | 1,124.16 |
| Total Revenue | 1,542.34 | 1,431.57 | 3,719.30 |
| Profit After Tax | 11.80 | 212.53 | 452.44 |
| Opening Date | 08-09-2023 |
| Closing Date | 12-09-2023 |
| Basis of Allotment | 15-09-2023 |
| Initiation of Refunds | 18-09-2023 |
| Credit of Shares to Demat | 20-09-2023 |
| Listing Date | 21-09-2023 |
| Purchase of Plant and Machinery for setting up of Manufacturing unit. |
| Funding working capital requirements. |
| General corporate purposes. |
| Registered Office | Meson Valves India Limited Plot No. L-45, First Floor, Software Technology Park, Verna Industrial Estate, Salcete, Verna - 403722 |
| Phone | 08322954198 |
| investor@mvi.ltd | |
| Website | https://mvi.ltd/ |
| Meson Valves India IPO DRHP |
| Meson Valves India IPO RHP |
| Name | Maashitla Securities Private Limited |
| Phone | +91-11-45121795-96 |
| ipo@maashitla.com | |
| Website | https://maashitla.com/ |
| Other Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
| Pre Issue Share Holding (Promoters) | 46.91% |
| Post Issue Share Holding (Promoters) | 32.83% |