Meson Valves India Limited
ListedSMEEngineering & Industrial Manufacturing · BSE
Meson Valves India Limited, incorporated in 2016 and previously known as Sander Meson India Private Limited, supplies valves, actuators, strainers, and remote-control valve systems to both domestic and international markets. The company engages in assembling, buying, selling, distributing, importing, and exporting products such as valves, actuators, control cabinets, tanks, piping, pumps, fittings, gaskets, flanges, and measurement devices, along with their installation, maintenance, and servicing. Its manufacturing unit is located in Bhamboli, Khed, Pune, Maharashtra, sourcing products from countries including Denmark, Germany, Poland, South Korea, Netherlands, Sweden, Turkey, UAE, and across India. Meson Valves operates two divisions—domestic sales and exports—with a presence in major Indian states like Andhra Pradesh, Maharashtra, Tamil Nadu, Telangana, and internationally in Germany, South Korea, Oman, Russia, Sweden, UAE, Sri Lanka, Qatar, and Thailand.
Price Band
₹102
Issue Size
₹31.09 Cr
Lot Size
1200 shares
GMP
₹97
+95.1%
Est. Listing
₹199
at current GMP
Subscribed
173.71x
overall
Open
8 Sep 2023
Close
12 Sep 2023
Allotment
15 Sep 2023
Refund
16 Sep 2023
Demat Credit
17 Sep 2023
Listing
21 Sep 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Engineering & Industrial Manufacturing segment
- •Price band established at ₹102 - ₹102 per equity share
- •Minimum bid lot is 1200 shares
- •Estimated listing target of ₹199 based on current grey market activity