Shri Balaji Valve Components Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 26-12-2023 | 28-12-2023 | 10 | 95 | 1200 Shares | BSE SME | N/A | 2023-12-31 18:30:00 | 2024-01-01 18:30:00 | 2024-01-01 18:30:00 | 02-01-2024 |
About The Company
Balaji Valve Components IPO is a book built issue of Rs 21.60 crores. The issue is entirely a fresh issue of 21.6 lakh shares.
Balaji Valve Components IPO opens for subscription on December 27, 2023 and closes on December 29, 2023. The allotment for the Balaji Valve Components IPO is expected to be finalized on Monday, January 1, 2024. Balaji Valve Components IPO will list on BSE SME with tentative listing date fixed as Wednesday, January 3, 2024.
Balaji Valve Components IPO price band is set at ₹95 to ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000.
Hem Securities Limited is the book running lead manager of the Balaji Valve Components IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Balaji Valve Components IPO is Hem Finlease.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 29-06-2023 | 5132 | 1655 | 185 | 975.66 | 377.01 | 2879.49 |
| 30-03-2023 | 5023 | 6294 | 643 | 789.14 | 790.85 | 2877.99 |
| 30-03-2022 | 3973 | 3906 | 153 | 144.64 | 147.7 | 2799.71 |
| 30-03-2021 | 1759 | 1616 | -3 | -10.85 | -5.77 | 1399.54 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 120000 |
| Retail (Max) | 1 | 1200 | 120000 |
| HNI (Min) | 2 | 2400 | 240000 |
IPO Listing Details
| Listing Date | 02-01-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Laxmikant Sadashiv Kole, Madhuri Laxmikant Kole and Shrinivas Laxmikant Kole.
Contact Information of the Company
Shri Balaji Valve Components Limited
Plot No - PAP B 31
Chakan MIDC, PH
2 Khed, Bhamboli, Pune, India, 410501
Phone: +91 97655 65409
Email: info@balajivalvecomponents.com
Website: https://www.balajivalvecomponents.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Hem Securities Limited