31 Mar 2021
Assets17.59
Total Income16.16
Profit After Tax-0.03
NET Worth-0.11
Reserves and Surplus-0.06
Total Borrowing14.00
At a glance
Updated 2026-09-15The shares listed at ₹190.00, a 90.00% move from the issue price. Balaji Valve Component is a SME IPO with an issue size of ₹21.60 crore, proposed for listing on BSE SME. The offer opens on 27th Dec 2023 and closes on 29th Dec 2023. The issue structure includes a fresh issue of ₹20.46 crore. The current listing schedule points to 3rd Jan 2024.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹21.60 Cr
Fresh issue₹20.46 Cr
Face value₹10
Price band₹95.00–₹100.00
Allotment1st Jan 2024
Listing3rd Jan 2024
Listing performance
Full performance ↗Issue price₹100.00
Listing price₹190.00
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹51.00
GMP / upper price51.00%
Est. listing₹151.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens27th Dec 2023
Closes29th Dec 2023
Allotment1st Jan 2024
Refund2nd Jan 2024
Demat2nd Jan 2024
Listing3rd Jan 2024
Subscription demand
Full bidding ↗Total276.44×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | ₹120,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding Capital Expenditure towards installation of additional plant and machinery. | ₹8.05 Cr |
| To meet working capital requirements | ₹7.50 Cr |
| General Corporate Purpose | ₹3.97 Cr |
| Total | ₹19.52 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue16.55₹ Cr · -73.7% vs prior year
PAT1.85₹ Cr · -71.2% vs prior year
Assets51.32₹ Cr · +2.2% vs prior year
Net Worth9.76₹ Cr · +23.7% vs prior year
Borrowing28.79₹ Cr · +0.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets39.73
Total Income39.06
Profit After Tax1.53
NET Worth1.45
Reserves and Surplus1.48
Total Borrowing28.00
31 Mar 2023
Assets50.23
Total Income62.94
Profit After Tax6.43
NET Worth7.89
Reserves and Surplus7.91
Total Borrowing28.78
30 Jun 2023
Assets51.32
Total Income16.55
Profit After Tax1.85
NET Worth9.76
Reserves and Surplus3.77
Total Borrowing28.79
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS10.72
Pre-IPO P/E9.33
Post-IPO P/E11.04
Promoter holding pre100%
Promoter holding post73.53%
Market cap₹81.60 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Shri Balaji Valve Components IPO | — | 11.04 x | — | — |
| Rappid Valves IPO | — | 27.89 x | — | — |
| Meson Valves IPO | — | 22.92 x | — | — |
| Atam Valves IPO | — | 33.61 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manager Fees | ₹0.25 Cr |
| Fees Payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.05 Cr |
| Fees Payable to Regulators including Stock Exchange | ₹0.06 Cr |
| Payment for Printing & Stationery, Postage, etc. | ₹0.02 Cr |
| Fees Payable to Underwriter | ₹0.22 Cr |
| Fees Payable to Auditor, Legal Advisors and other Professionals | ₹0.03 Cr |
| Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees and Miscellaneous Expenses) | ₹1.44 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-15.
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