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Shivalic Power Control Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Shivalic Power Control Ltd IPO

Registered Office: Plot No 72 Sector 68,IMT Faridabad , Ballabgarh - 121004 , Haryana , India.
Phone : +91 97183 88303   Fax:
Email :  compliance@shivalic.com  
Website :  https://shivalic.com/
Public issue of 64,32,000 equity shares of face value of (Rs)10 each ("Equity Shares") of Shivalic Power Control Limited (the "Company" or the "Issuer") for cash at a price of (Rs)100 per equity (the "Issue Price") aggregating to (Rs)64.32 crores ("The Issue") comprising of a fresh issue of 64,32,000 equity shares aggregating to (Rs)64.32 crores (the "Fresh Issue") of which 3,36,000 equity shares aggregating to (Rs)3.36 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 60,96,000 equity shares aggregating to (Rs)60.96 crores (the "Net Issue"). The issue and the net issue will constitute 26.67% and 25.28% respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Jun-24 26-Jun-24 (Rs)100.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 57.67
Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer 64.32  
Post Issue Equity Share Capital 24.12  
Issue Price (Rs)100.00  
 
Projects
To meet the working capital requirements of the companyTo meet out the inorganic growth through unidentified acquisition for company
Funding for procerement of new machineriesGeneral corporate expenses
Construction of new assembly line by shedding the roof
Promoted By
Amit Kanwar Jindal  
Sapna Jindal  
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt