31 Mar 2021
Assets21.06
Total Income15.42
Profit After Tax0.12
NET Worth0.55
Reserves and Surplus0.48
Total Borrowing9.18
At a glance
Updated 2026-09-16The shares listed at ₹193.80, a 90.00% move from the issue price. Meson Valves India is a SME IPO with an issue size of ₹31.09 crore, proposed for listing on BSE SME. The offer opens on 8th Sep 2023 and closes on 12th Sep 2023. The issue structure includes a fresh issue of ₹29.50 crore. The current listing schedule points to 21st Sep 2023.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹31.09 Cr
Fresh issue₹29.50 Cr
Face value₹10
Price band—–—
Allotment15th Sep 2023
Listing21st Sep 2023
Listing performance
Full performance ↗Issue price₹102.00
Listing price₹193.80
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹93.00
GMP / upper priceNO DATA
Est. listing₹195.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens8th Sep 2023
Closes12th Sep 2023
Allotment15th Sep 2023
Refund18th Sep 2023
Demat20th Sep 2023
Listing21st Sep 2023
Subscription demand
Full bidding ↗Total167.88×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | — |
Company
Incorporated2016
Use of proceeds
| Object | Amount |
|---|---|
| Purchase of Plant and Machinery for setting up of Manufacturing unit; | ₹11.37 Cr |
| Funding working capital requirements; and | ₹11.95 Cr |
| General corporate purposes | ₹7.26 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue37.19₹ Cr · +159.7% vs prior year
PAT4.52₹ Cr · +112.2% vs prior year
Assets45.09₹ Cr · +64.6% vs prior year
Net Worth18.50₹ Cr · +590.3% vs prior year
Borrowing11.24₹ Cr · +21.6% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets27.39
Total Income14.32
Profit After Tax2.13
NET Worth2.68
Reserves and Surplus2.61
Total Borrowing9.24
31 Mar 2023
Assets45.09
Total Income37.19
Profit After Tax4.52
NET Worth18.50
Reserves and Surplus11.57
Total Borrowing11.24
KPIs
| KPI |
|---|
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS6.59
Pre-IPO P/E15.47
Post-IPO P/E22.92
Promoter holding pre46.91%
Promoter holding post32.83%
Market cap₹103.63 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Meson Valves India IPO | — | 22.92 x | — | — |
| Rappid Valves IPO | — | 27.89 x | — | — |
| Shri Balaji IPO | — | 11.04 x | — | — |
| Atam Valves IPO | — | 33.61 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead manager(s) fees including underwriting commission | ₹0.25 Cr |
| Brokerage, selling commission and upload fees | ₹0.01 Cr |
| Registrar to the Issue | ₹0.02 Cr |
| Legal Advisors | ₹0.03 Cr |
| Advertising and marketing expenses | ₹0.02 Cr |
| Regulators including stock exchanges | ₹0.03 Cr |
| Printing and distribution of offer stationary | ₹0.02 Cr |
| Others, if any (market making, depositories, marketing fees, secretarial, peer review auditors, etc.) | ₹0.15 Cr |
Registrar & lead managers
Registrar
Maashitla Securities Pvt.Ltd.Lead managers
- Shreni Shares Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-16.
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