Shri Balaji Valve Components Limited

Company Profile
Company Name Shri Balaji Valve Components Limited
Open Date 27-12-2023
Close Date 29-12-2023
Exchange BSE, SME
Lot Size 1200 Shares
Issue Price ₹95 to ₹100 per share
Issue Size 2,160,000 shares
Application Amount ₹ 1,20,000
Recommendation Avoid
Shri Balaji Valve Components Limited was originally incorporated in the year 2011 and has its registered office in Pune, Maharashtra.The Company is engaged in the business of manufacturing of ready to assemble valve components catering to manufacturing of the valves which are used in different industries and in different size depending on the customer’s specifications.The company manufactures and supplies various types of valve components which are used in manufacturing of ball valves, butterfly valves and other valve including forging products.As of 30th June 2023, the Company had 168 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 1,758.63 3,973.45 5,023.03 5,131.99
Net Assets -4.77 148.70 791.85 977.01
Total Borrowings 1,399.54 2,799.71 2,877.99 2,879.49
Total Revenue 1,616.48 3,906.05 6,294.10 1,654.64
Profit After Tax -3.22 153.60 643.99 184.84

Tentative Timeline

Opening Date 27-12-2023
Closing Date 29-12-2023
Basis of Allotment 01-01-2024
Initiation of Refunds 02-01-2024
Credit of Shares to Demat 02-01-2024
Listing Date 03-01-2024

Objects of the Issue

Funding Capital Expenditure towards installation of additional plant and machinery.
To meet Working Capital requirement.
General Corporate Expenses.

Contact Information

Registered Office Shri Balaji Valve Components Limited - Plot No - PAP B 31 Chakan MIDC, PH 2 Khed, Bhamboli, Pune, India, 410501
Phone +91 97655 65409

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

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

Shareholding Pattern

Share Holding Pre Issue(Promoters) 100.00%
Share Holding Post Issue(Promoters) 73.53%

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