Shri Balaji Valve Components Limited
listed
₹1.14LMin. investment
Shri Balaji Valve Components Limited IPO Details
Issue size
₹21.6Cr
IPO type
SME
Price range
₹95.00 – ₹100
Listing date
3 Jan 2024
Lot size
1200 shares
RHP/DRHP
Read
Price range₹95.00 – ₹100
IPO type
SME
Lot size1200 shares
Issue size₹21.6Cr
RHP/DRHP
Read
Shri Balaji Valve Components Limited Timeline
- Bid start27 Dec 2023
- Bid end29 Dec 2023
- Allotment29 Dec 2023
- Release of funds2 Jan 2024
- Demat transfer1 Jan 2024
- Listing3 Jan 2024
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:
- 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 | 2011Shri Balaji Valve Components Limited IPO Price band | ₹95 to ₹100 per share |
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Shri Balaji Valve Components Limited Contact Details
Company NameShri Balaji Valve Components Limited
How to apply for Shri Balaji Valve Components Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.