
Emerging SME Services · BSE
Shri Balaji Valve Components Ltd., founded in November 2011, manufactures valve components used in various types of valves including ball valves, butterfly valves, control valves, gate valves and check valves. The company produces components like balls, spindles, valve bodies, ports, shafts, discs, and more, along with forged products. It operates two manufacturing facilities in Pune, Maharashtra – the Bhosari plant for forging and heat treatment, and the Chakan MIDC plant for machining. The company supplies its products across India and also exports to international markets including Dubai, Germany, Singapore, Italy, South Africa, the US, the UK and more. As of June 30, 2023, the company employs 168 people, and also uses contract labour as required.
Price Band
₹95 – ₹100
Issue Size
₹21.60 Cr
Lot Size
1200 shares
GMP
+51.0%
Est. Listing
₹151
at current GMP
Subscribed
276.52x
overall
Open
27 Dec 2023
Close
29 Dec 2023
Allotment
1 Jan 2024
Refund
2 Jan 2024
Demat Credit
3 Jan 2024
Listing
3 Jan 2024
Overall Subscription
276.52x
Total Demand
QIB Multiplier
70.04x
Institutions & Funds
NII / HNI
800.07x
High Net-Worth
Retail (RII)
169.95x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 409,200 | 28,659,600 | 70.04x |
| NIB | 307,200 | 245,781,600 | 800.07x |
| RETAIL | 716,400 | 121,755,600 | 169.95x |
| Total | 1,432,800 | 396,196,800 | 276.52x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 630 | 107,069 | 169.95x |
| HNIs (10L +) | 4 | 3,200 | 800.07x |
| HNIs (2-10L) | 19 | 15,201 | 800.07x |
| Total Applications | 653 | 125,470 | 192.14x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Shri Balaji Valve Components Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹21.6 Crores. The shares are offered at a price band of ₹95 to ₹100 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-01-03, while un-allotted funds or UPI block mandates will be released on 2024-01-02.
The latest Grey Market Premium (GMP) for Shri Balaji Valve Components Limited IPO is ₹51 per equity share. Based on the upper price band of ₹95 to ₹100 per equity share, the estimated listing price is ₹151 (+51.0% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹51, the expected profit per application lot is approx ₹61,200 (+51.0% gain). Minimum application cost is approx ₹1,20,000.
The Shri Balaji Valve Components Limited IPO aggregate issue size is ₹21.6 Crores with an equity price band set at ₹95 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 276.52x (Retail: 169.95x, QIB: 70.04x, NII: 800.07x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2024-01-01. Investors can verify status using PAN card or application number.
Shri Balaji Valve Components Limited shares are scheduled to list on BSE on 2024-01-03.