Shivalic Power IPO day 2: Check GMP Today, subscription status and review before applying

CA Abhay Varn

    25/Jun/2024

The Grey Market Premium is expected in the range of ₹110 - ₹120  based on the financial performance and growth outlook of the company.

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.


The subscription period for the Shivalic Power Control IPO opens on June 24, 2024, and closes on June 26, 2024.

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.

Also Read the IPO Review, GMP, Live Subscription Status and other Issue Details before applying in the current active IPOs because some of the IPO can give you Big Listing Gains. The Current Active IPOs are Divine Power Energy LimitedPetro Carbon & Chemicals LimitedAkiko Global Services LimitedAllied Blenders and Distillers LimitedVISAMAN GLOBAL SALES Limited IPOMason Infratech LimitedSylvan Plyboard (India) LimitedSHIVALIC POWER CONTROL LIMITEDMedicamen Organics LimitedStanley Lifestyles LimitedEnNutrica (Dindugal Farm Product) IPOWinny Immigration and Education Services Limited.

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