| IPO date | 27 Dec 2023 – 29 Dec 2023 |
| Listing date | 03 Jan 2024 |
| Price range | 95 – 100 |
| Minimum order quantity | 1200 | (D)RHP | View |
Shri Balaji Valve Components Limited is launching its IPO. The IPO opens for subscription on 27th December 2023, and will close on 29th December 2023.
Disclaimer: This stock will trade with a lot size of 1200 shares in the SME segment on the listing.
What does Shri Balaji Valve Components Limited do?
Incorporated in 2011, the company is engaged in manufacturing a variety of valve components such as balls, spindles, valve bodies, ports, trunnions, flanges, housings, rings, shafts, hoods, discs, and sleeves. These components are integral in producing various valves, including ball and butterfly valves, catering to a range of industrial needs.
With a broad product range, it caters to customers in India and has expanded to international markets such as Dubai, Germany, Singapore, Taiwan, Italy, South Africa, the US, the UK, Qatar, and Pennsylvania.
Schedule of Shri Balaji Valve Components Limited IPO
| Issue Period | 27th December to 29th December 2023 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | January 01, 2024 |
| Initiation of Refunds | January 02, 2024 |
| Credit of Shares | January 02, 2024 |
| Date of Listing | January 03, 2024 |
| Mandate end date | January 13, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | January 31, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | March 30, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Shri Balaji Valve Components Limited IPO?
You can apply for the Shri Balaji Valve Components Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for Shri Balaji Valve Components Limited IPO?
You can check the allotment status for the Shri Balaji Valve Components Limited IPO on the website of the Registrar and Transfer agent.