Shivalic Power Control Limited

Company Profile
Company Name Shivalic Power Control Limited
Open Date 24-06-2024
Close Date 26-06-2024
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹95 to ₹100 per share
Issue Size 64,32,000 shares
Application Amount ₹1,20,000
Recommendation Apply
Founded in 2004, Shivalic Power Control Limited is headquartered in Faridabad, India. Specializes in the manufacturing of LT and HT electric panels, offering a diverse range including PCC Panels, IMCC Panels, Smart Panels, MCC Panels, and more. Focuses on technological innovation, quality manufacturing, and customized solutions for various industrial applications. Products are supplied across India and internationally, including Nepal, Bangladesh, Uganda, Kenya, Nigeria, and Algeria. Operates through two primary business models: Manufacturing and supply under contract manufacturing agreements. As of the latest update in March 2024, Shivalic Power Control Limited employs approximately 180 personnel, including engineers and support staff.
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Financial Summary in Lakhs

KPI’s Mar-22 Mar-23 Dec-23
Revenue 5,733.20 8,215.68 6,355.88
EBITDA 504.06 1,272.14 1,309.77
Net Profit 174.80 716.26 760.11
RoCE 14.69% 33.73% 30.22%
ROE 10.08% 29.23% 23.67%
P/E 5.75 1.40 1.32

Tentative Timeline

Opening Date 24-06-2024
Closing Date 26-06-2024
Basis of Allotment 27-06-2024
Initiation of Refunds 28-06-2024
Credit of Shares to Demat 28-06-2024
Listing Date 01-07-2024

Objects of the Issue

To meet the working capital and capital expenditure requirements of the company.
Funding for procurement of new machinery.
Civil construction of warehouse by shedding the roof.
To meet out the inorganic growth through unidentified acquisition for the Company.
General corporate purposes.

Contact Information

Registered Office Shivalic Power Control Limited Plot No. 72, Sector- 68, IMT, Faridabad Ballabgarh- 121004
Phone +91–97183 88303

Registrar Details

Name Skyline Financial Services Private Ltd
Phone 02228511022

IPO Reservation

Anchor Investor Shares Offered 1,828,800 (28.43%)
Market Maker Shares Offered 336,000 (5.22%)
QIB Shares Offered 1,219,200 (18.96%)
NII (HNI) Shares Offered 914,400 (14.22%)
Retail Shares Offered 2,133,600 (33.17%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 96.63%
Share Holding Post Issue (Promoters) 70.86%

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