Shivalic Power Control Limited

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
Email	compliance@shivalic.com
Website	https://shivalic.com/

Offer Documents

Shivalic Power Control IPO DRHP

Shivalic Power Control IPO RHP

Registrar Details

Name	Skyline Financial Services Private Ltd
Phone	02228511022
Email	ipo@skylinerta.com
Website	https://www.skylinerta.com/ipo.php

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%