Shivalic Power Control IPO

Shivalic Power Control Ltd

₹1,14,000 /1200 sharesMinimum Investment

Shivalic Power Control IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹100.00₹311.00₹211.00 (211.00%)

Shivalic Power Control IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
24 Jun ‘24 - 26 Jun ‘24₹1,14,0001,200₹95 - ₹100
Issue SizeIPO Doc
64.32Cr
RHP PDF

About the company

Shivalic Power Control Ltd. (SPCL) is an ISO-certified electric panel manufacturer. The company designs and engages in product development at its 1.25 lakh square foot in-house manufacturing facility, producing a diversified range of electric panels such as PCC panels, smart panels, outdoor panels, LT& HT panels and APFC panels. Over the past two decades, the company has served across 15+ traditional industries, such as FMGC, metals, cement, and automobiles. Their 1,500+ clientele spans industry leaders, including companies such as Hewlett Packard, Jindal Steel & Power, Naini Paper, JK Cement, Yamaha Motors, etc. The company recently diversified and started serving the needs of the data centre industry, bagging its biggest order for LT works at the RBI Data Centre Complex at Bhubaneshwar. SPCL is authorised by industry leaders such as L&T, Siemens, Schneider Electric, and TDK to manufacture fully type-tested panels, which it also exports to Mongolia, Nepal, Thailand, Sri Lanka, Nigeria, Kenya, Bangladesh, Sudan, Uganda, South Africa, Afghanistan, and Algeria. The company sources a majority of its raw materials directly from industrial giants like L&T, Siemens, and ABB, among others.;
Founded in
2004
Managing director
Mr. Amit Kanwar Jindal
Parent organisation
Shivalic Power Control Ltd

Strength and risks

Strengths
Risks
Shivalic Power Control holds ISO 9001:2015 certification for quality management systems, ISO 14001:2015 certification for environmental management systems, and ISO 45001:2018 certification for occupational health and safety management standards.
The company has a Quality Assurance (QA) lab, which is an independent testing department.
Shivalic Power Control has strategic partnerships with original equipment manufacturers (OEMs) like Larsen & Toubro, Siemens, ABB, and TD.
The company’s electric panels have a fully bolted design, which increases durability, resists corrosion, and maintains thermal stability, resulting in a longer lifespan.
Shivalic Power Control has expertise in manufacturing electric panels, allowing it to meet the unique needs of data centres.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular95 - 100₹2 Lakh
High Networth Individual95 - 100₹2 - 5 Lakh
For Shivalic Power Control IPO, eligible investors can apply as Regular.
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