Shivalic Power Control Limited
Shivalic Power Control Limitedlisted
₹1.14LMin. investment
About Shivalic Power Control Limited
Issue size
₹64.32Cr
IPO type
SME
Price range
₹95.00 – ₹100
Lot size
1200 shares
RHP/DRHP
Read
Price range₹95.00 – ₹100
IPO type
SME
Lot size1200 shares
Issue size₹64.32Cr
RHP/DRHP
Read
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About Shivalic Power Control Limited
Founded in 2004, Shivalic Power Control Limited is an ISO-certified LT and HT electric panel manufacturer with an operating history of 20 years. They are a technology-driven company with a strong focus on quality, design and product development, which has allowed them to develop products suited to their customers’ requirements. Their 1,25,000 Sq. Feet of in-house manufacturing unit allowed them to manufacture a diversified range of electric panels such as PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronisation panels, Outdoor panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Duct and LT & HT APFC Panels.
Their manufacturing facility is located at Haryana India. They are authorised by industry leaders such as L&T, Siemens, Schneider Electric and TDK to manufacture fully type tested panels which they serve to more than 15+ industrial Sectors in India as well as in outside India, viz, Nepal, Bangladesh, African countries such as Uganda, Kenya, Nigeria, Algeria.They have served more than 500+ Clients in different industries such as Sugar, Papers, Cement, Steel, FMCG, Automobile etc. Their clientele in this industry includes Hewlett Packard, DCM Shriram, Rungta Mines, Reliance Cement, Kalpataru Power Transmission, Jindal Steel & Power, JSW, Bikaji Foods, Dabur, Radico, Naini Paper, J K Paper, Orient Papers, J K Cement, Escorts, Yamaha Motors and many more. They are buying most of the materials directly from industrial giants like L&T, Siemens, ABB, C&S, EPCOS. So far, they are serving traditional industries like FMCG, Metal, Cement, Automobile etc.
The company assembly line is well-equipped with the latest machines procured from renowned brands like Trumpf, Ermaksan, Gasprini, Amada, LV-HD machines and Bosch. The company has a dedicated team of engineers who are experts in designing and developing advanced designs which enable to manufacture the Techno Modular Design – Fully Bolted Panels with Aluminium and Copper Bus Bar, which make them different from traditional welding panel manufacturers with a strong focus on the quality of the panel. With a team size of around 180 personnel, they can meet the requirements of their customers.
Shivalic Power Control Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
- To meet out the working capital requirements of the company
- To meet out the capital expenditure of the company
- Funding for procurement of new machineries.
- Civil construction of warehouse by shedding the roof.
- To meet out the inorganic growth through unidentified acquisition for Company
- General Corporate Expenses
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Shivalic Power Control Limited ?
The issue size of the Shivalic Power Control Limited is 64.3199999 Cr.
What is 'pre-apply' for Shivalic Power Control Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Shivalic Power Control Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts24 Jun 2024
- Bidding ends26 Jun 2024
- Allotment finalisation26 Jun 2024
- Release of funds28 Jun 2024
- Demat transfer27 Jun 2024
- Listing1 Jul 2024