
Engineering & 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
+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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹102
Band: ₹102
Estimated Listing Price
₹199
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,22,400
Estimated Profit / Lot
₹1,16,400
1200 × ₹97
Grey Market Premium trend
+₹97
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹97 | 95.1% | ₹199 |
| 30 Oct 2026 | +₹97 | 95.1% | ₹199 |
| 29 Oct 2026 | +₹87 | 85.6% | ₹189 |
GMP is unofficial market data. Not a guarantee of listing performance.
Meson Valves India Limited is bringing an initial public offering (IPO) in the Engineering & Industrial Manufacturing sector with an aggregate issue size of ₹31.09 Crores. The shares are offered at a price band of ₹102 to ₹102 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-09-12, the basis of allotment is scheduled to be finalized on 2023-09-15. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
The latest grey market premium for Meson Valves India Limited IPO is ₹97, which indicates an expected listing price of ₹199.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.