SHIVALIC POWER CONTROL LIMITED is a trailblazer in the realm of electrical control systems. Since their inception in 2004, they have been the driving force behind seamless industrial operations and enhanced equipment safety. Their commitment extends beyond mere power distribution, they ensure operational excellence for over 1500+clients globally.

Shivalic Power Control IPO, a Book Built issue amounting to ₹64.32 crores, consisting entirely of a fresh issue of 64.32 lakh shares. The subscription period for the Shivalic Power Control IPO opens on June 24, 2024, and closes on June 26, 2024. The allotment is expected to be finalized on or about Thursday, June 27, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Monday, July 01, 2024.

The price band of Shivalic Power Control IPO is set at ₹95 to ₹100 equity per share, with a minimum lot size of 1200 shares. Retail investors are required to invest a minimum of ₹120,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2400 shares), amounting to ₹240,000.

CORPORATE CAPITALVENTURES PRIVATE LIMITED is the book-running lead manager, SKYLINE FINANCIAL SERVICES PRIVATE LIMITED is the registrar. S S CORPORATE SECURITIES LIMITED is the market maker for Shivalic Power Control IPO.

Shivalic Power Control IPO GMP Today
The Grey Market Premium is expected in the range of ₹110 - ₹120  based on the financial performance and growth outlook of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Shivalic Power Control IPO Live Subscription Status Today
As of 04:47 PM on 25 June 2024, the Shivalic Power Control IPO live subscription status shows that the IPO fully subscribed on the day 1 itself. The Shivalic Power Control IPO subscriped 45 times on NSE. Check the Shivalic Power Control IPO Live Subscription Status Today at NSE

Shivalic Power Control IPO Allotment Status
Shivalic Power Control IPO  allotment date is 27 June 2024, Wednesday. Shivalic Power Control IPO Allotment will be out on 27th June 2024 and will be live on Registrar Website from the allotment date. Check Shivalic Power Control IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Shivalic Power Control IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Shivalic Power Control

Shivalic Power Control Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1) To meet the working capital requirements of the company;
2) To meet out the funding for capital expenditure of the company;
(a) Funding for procurement of new machineries
(b) Construction of new assembly line by shedding the roof
3) To meet out the inorganic growth through unidentified acquisition for Company; and
4) General Corporate Expenses.

Refer to Shivalic Power Control Limited RHP for more details about the Company.

Check latest IPO Review & analysis, Live GMP today, Live Subscription Status Today, Share Price, Financial Information, latest IPO news, Upcoming IPO News before applying in the IPO.

The Upcoming IPOs this week and coming weeks are Allied Blenders and Distillers Limited, SHIVALIC POWER CONTROL LIMITED, Mason Infratech Limited, Sylvan Plyboard (India) Limited, Shivalic Power Control Limited

The current active IPO is Medicamen Organics Limited, Stanley Lifestyles Limited, EnNutrica (Dindugal Farm Product) IPO, Winny Immigration and Education Services Limited, DURLAX TOP SURFACE IPO, Falcon Technoprojects India IPO, GEM Enviro Management Limited IPO, DEE Development Engineers Limited, Akme Fintrade (India) Limited

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About SHIVALIC POWER CONTROL Limited

Shivalic Power Control Limited is an ISO-certified LT and HT electric panel manufacturer with an operating history of 20 years. They are a technology-driven company with a strong focus on quality, design and product development, which has allowed them to develop products suited to their customers’ requirements. Their 1,25,000 Sq. Feet of in-house manufacturing unit allowed them to manufacture a diversified range of electric panels such as PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronisation panels, Outdoor panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Duct and LT & HT APFC Panels. They are authorised by industry leaders such as L&T, Siemens, Schneider Electric and TDK to manufacture fully typetested panels as per IEC 61439 – 1&2 ,IEC 61641, IS1893 which they serve to more than 15+ industrial Sectors in India as well as in outside India, viz, Nepal, Bangladesh, African countries such as Uganda, Kenya, Nigeria, Algeria. So far, they are serving traditional industries like FMCG, Metal, Cement, Automobile etc, and also they have diversified their business and started serving to data centre industry also. 

INDIAN ELECTRICAL CONTROL PANEL AND SWITCHGEAR INDUSTRY

The Global electric control panel market size has grown strongly in recent years. It will grow from $5.47 billion in 2023 to $5.87 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to industrial growth, energy demand, customization needs, economic factors, infrastructure development. The electric control panel market size is expected to see strong growth in the next few years. It will grow to $7.79 billion in 2028 at a compound annual growth rate (CAGR) of 7.3% Global Electric size is projected to touch USD 1982.85 million by 2031 and "Asia Pacific to Dominate the Region Due To Rise In Demand For Electricity"

The Indian electrical equipment market size is estimated to grow at a CAGR of 11.68% between 2022 and 2027. The market size is forecast to increase by USD 52,975.77 million. The growth of the market depends on several factors such as an increase in the number of residential and commercial building projects, a rise in power generation from renewable energy sources, and an increase in investments in the power sector. 

India Switchgear (LV, MV, HV) Market Overview, 2027-28:  As per Frost & Sullivan's report, the LV switchgear market, which was approximately INR 12,000 Crores in CY2022, is expected to grow at a CAGR of more than 5% over the next five years. 

SHIVALIC POWER CONTROL LIMITED STRENGTHS
1. Seizing Opportunities in the Data Center Boom: A Gateway for Electric Panel Manufacturers
2. Leverage EPC Projects for Electric Panel Manufacturing
3. Intend for Increasing their Global presence

SHIVALIC POWER CONTROL LIMITED STRATEGIES

1. Ensuring Excellence Through Rigorous Quality Control Processes
2. Strategic Tie Ups For Direct Billing From
3. 3 D Bus Bar unique Bending
4. The quality of their techno modular design fully bolted Zero Welding
5. Strengthen their marketing network
6. Experienced promoters and a skilled management team with strong industry expertise.

SHIVALIC POWER CONTROL LIMITED RISK FACTORS & CONCERNS

1. The Company has given Guarantees of ₹694.87 Lakh in favour of our clients through Bank Guarantees.
2. The Company has availed secured short-term working capital loan of Rs. 2,529.88 lakhs and unsecured loan of Rs. 422.18 lakhs which are repayable on demand.
3. Majority of their state wise revenues from operations for the last 3 years and for the stub period is dependent majorly on Haryana.
4. Their top ten clients contribute approximately 40.77 %, 53.02%, 56.78% and 82.97% of their revenues from operations for the period ended December 31, 2023.
5. Risk of Forward integration by the OEMs to direct manufacture the electric control panels or cancellation of their tie-up with the OEMs.