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Shri Balaji Valve Components IPO is a book build IPO listing on BSE SME exchange. The company is based in Pune and caters to Valves sector. Hem Securities is the merchant banker of Shri Balaji Valve Components IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th November 2023.
Shri Balaji Valve Components IPO open date is 27th December 2023 and close date is 29th December 2023. IPO Allotment Date is 1st January 2024 and Listing date is 3rd January 2024.Shri Balaji Valve Components IPO size is Rs 21.60 Cr. crores with IPO price of Rs 100.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Shri Balaji Valve Components IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Shri Balaji Valve Components IPO.
Shri Balaji Valve Components IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Rajasthan Global Securities | 100,800.00 | ₹100.00 | ₹10,080,000.00 |
| Meru Investment Fund | 154,800.00 | ₹100.00 | ₹15,480,000.00 |
| Persistent Growth Fund- | 156,000.00 | ₹100.00 | ₹15,600,000.00 |
| FINAVENUE CAPITAL TRUST | 100,800.00 | ₹100.00 | ₹10,080,000.00 |
| India Max Investment | 100,800.00 | ₹100.00 | ₹10,080,000.00 |
Shri Balaji Valve Components IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shri Balaji Valve Components IPO, based in Pune, operates in the Valves sector with a focus on machining of components and delivering ‘Ready to assemble’ valve components. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Shri Balaji Valve Components IPO size is ₹ 21.60 Cr. Crores with fresh issue size of Rs 21.60 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Shri Balaji Valve Components IPO is expected to be 1st January 2024, after the finalization of basis of allotment. Investors can check Shri Balaji Valve Components IPO allotment status on the registrars website, Bigshare Services Private Limited. Shri Balaji Valve Components IPO refund dates are 2nd January 2024.
Shri Balaji Valve Components IPO is expected to be listed on 3rd January 2024.
The upper price band for the Shri Balaji Valve Components IPO is set at ₹ 100.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shri Balaji Valve Components IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Shri Balaji Valve Components IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th December 2023. After submission, funds are blocked until the basis of allotment of Shri Balaji Valve Components IPO is finalised.
The merchant banker for Shri Balaji Valve Components IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shri Balaji Valve Components IPO RHP for further details.
The registrar for Shri Balaji Valve Components IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shri Balaji Valve Components IPO through their official website or helpline.
Shri Balaji Valve Components IPO was subscribed 276.44 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 21.60 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.90 Cr.
Sector: Valves
SME IPO so far:
4
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
Pune
SME IPO so far:
36
Revenue (annualised):
₹ 66.20 cr.
PE
Ratio:
11.04x
Average Sector PE Ratio: 23.87x
Shri Balaji Valve Components IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shri Balaji Valve Components Financial Review Page
Merchant Banker(s) of Shri Balaji Valve Components IPO: Hem Securities Limited
Shri Balaji Valve Components IPO subscription was 276.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Shri Balaji Valve Components IPO listed at a listing price of 199.50 against the offer price of 100.00.
The current market price of Shri Balaji Valve Components is 105.75.
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