Shri Balaji Valve Components Limited

About Shri Balaji Valve Components Limited Incorporated in 2011, Shri Balaji Valve Components Limited are into machining of components and delivering ‘Ready to assemble’ valve components according to customers designs and specifications. Currently, the company is operating from its 2 manufacturing facilities located at Pune, Maharashtra. One of our manufacturing facilities is located at Bhosari, Pune which is equipped with the forging capabilities and heat treatment capabilities, the second manufacturing facility is located at Chakan MIDC, Bhamboli, Pune which undertakes the machining work. Most of their valves components are made as per the requirements specified by their customers’. They work in close connections with their clients, so that the valve components match with the customers’ requirement and can handle the desired applications. Over the years, their valve components have proved suitable and safe for many operations requirements. They manufacture valve components using the forging method, bar routing method and casting methods. In case of any casting products, they generally get the casts manufactured from the customers nominated vendors or outsourcing. The use of methods depends upon the manufacturing plans, customer requirements, component manufactured, material complexity etc. The company is very quality conscious and makes continuous efforts to maintain the desired level of quality starting from the raw material inward stage, manufacturing process and packaging and storage stage. They maintain a continuous check at different levels of output to ensure that the product is in conformity with quality standards and meet the customer’s specification. They also undertake discussions with the customers to understand the design specifications at the RFQ stage to the production stage, so that the valve components match with the customer’s requirements. As Shri Balaji Valve Components Limited prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1) Funding Capital Expenditure towards installation of additional plant and machinery.; 2) To meet working capital requirements; 3) General Corporate Purpose. Here are key details about the Shri Balaji Valve Components Limited IPO: Company Name Shri Balaji Valve Components Limited Limited Shri Balaji Valve Components Limited IPO Opening Date December 27, 2023 Company Established On 2011 Shri Balaji Valve Components Limited IPO Allotment Status January 1, 2024 Shri Balaji Valve Components Limited IPO Closing Date December 29, 2023 Shri Balaji Valve Components Limited IPO Listing Date January 3, 2024 Credit of Shares to the Demat Account January 2, 2024 Shri Balaji Valve Components Limited IPO Lot Size 2000 Shares Shri Balaji Valve Components Limited IPO Face Value ₹10 per share Shri Balaji Valve Components Limited IPO to be Listed on BSE Shri Balaji Valve Components Limited IPO Issue Size ₹27.49 Cr Shri Balaji Valve Components Limited IPO Price band ₹95 to ₹100 per share