Shivalik Engineering Industries Limited IPO

Shivalik Engineering Industries Limited IPO

The company is a leading precision engineering company in India, focused on the manufacturing of high-quality metal casting components. With a strong presence across the automotive, agriculture, railway, and off-highway sectors, the company primarily serves OEMs and Tier-1 suppliers with critical components for commercial vehicles, tractors, pipe fittings, and rail applications. As of December 31, 2023, the company offered a diversified portfolio of 297 SKUs, supported by its vertically integrated operations. These capabilities span the entire value chain—from product design, precision engineering, and melting to casting, cleaning, machining, assembly, and reverse engineering. This integrated model enables the company to deliver comprehensive, end-to-end solutions with high levels of quality and customization.

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Price Band

Dates

-

GMP

₹0 (-)

Subscriptions

-

Issue Size

₹0.41 Crs

Shivalik Engineering Industries IPO Key Dates
Opening Date

-

Closing Date

-

Basis Of Allotment

-

Initiations Of Refund

-

Credit Of Shares

-

Listing Date

-

Shivalik Engineering Industries IPO Objects

  1. Funding capital expenditure for setting up of solar power plant at Mouza Village Katalbod, Chhatisgarh
  2. Expansion of existing manufacturing units, i.e., expansion of existing foundry capacity by setting up a new foundry line at Unit 2.
  3. General corporate purposes

Shivalik Engineering Industries IPO Details
Price Band

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

(335.00 Cr Shares)

Offer For Sale

₹41.30 L ( Shares)

Total Issue

₹41.30 L (335.00 Cr Shares)

Face Value

₹5 per equity share

Shivalik Engineering Industries IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 1 1
Maximum 2,00,000 2,00,000 2,00,000
Small HNI
Minimum 2,00,000 2,00,000 2,00,000
Maximum 10,00,000 10,00,000 10,00,000
Big HNI
Minimum 10,00,000 10,00,000 10,00,000
Shivalik Engineering Industries IPO GMP

The estimated Grey Market Premium of Shivalik Engineering Industries IPO is ₹0 per share (-)

Category Allocation
Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer
Employee B1
Shareholder B2
Shivalik Engineering Industries IPO Financials

(Rs. in crores)

Particulars Dec-23 Mar-23 Mar-22 Mar-21
Revenue from Operations 521.18 666.21 404.39 242.69
Profit after Tax 55.64 36.97 6.37 1.34
Net Worth 0.00 0.00 0.00 0.00
Total Borrowing 109.59 125.22 154.39 157.91
Total Assets 398.42 335.67 190.11 187.37
NAV per share (in ₹) 191.68 128.96 99.27 86.67
EPS - Basic (in ₹) 49.90 29.90 5.16 1.09
Key Performance Indicators
KPI Values
EBITDA 10.29%
PAT 4.73%
ROE 23.26%
ROCE 21.42%

All the data pertains to FY 2022-23. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shivalik Engineering Industries IPO Peer Comparision
Shivalik Engineering Industries IPO Peer Comparision
Promoter Details
Name Shareholding
Giriraj Singhania 25.53%
Raghvendra Singhania 23.25%
Others 40.97%
Total 89.75%
Management Details
Name Designation
Ajay Pancholi Chairperson
Manoj Patni CFO
Company Details

Name: Shivalik Engineering Industries Limited

Address: C-33, 3rd Floor, Ashoka Millenium, Ring Road No. 1, Rajendra Nagar Chowk, Near Shailendra Nagar, Raipur, Chhattisgarh – 492001, India

Number: 8370002022

Email: cs@shivalikengineering.com

Website:www.shivalikengineering.com

Book Running Lead Managers (BRLMs)
Company
Axis Capital
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IIFL Capital Services
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RTAs
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Bigshare Services
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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Shivalik Engineering Industries IPO is a Mainboard IPO having an issue size of Rs. ₹0.41 Crs. Shivalik Engineering Industries IPO is priced at ₹ - ₹ per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.

Shivalik Engineering Industries IPO opens on 12 Jul 25 and closes on 12 Jul 25.

The estimated Grey Market Premium of Shivalik Engineering Industries IPO is ₹0 per share (-).

The minimum lot size of Shivalik Engineering Industries IPO is shares & the minimum application amount is Rs. 0.

The allotment date of Shivalik Engineering Industries IPO is 12 Jul 25.

The listing date of Shivalik Engineering Industries IPO is 12 Jul 25.

Shivalik Engineering Industries IPO is subscribed -.

Shivalik Engineering Industries IPO is priced at ₹ - ₹ per share.

Click the allotment link on Shivalik Engineering Industries IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Shivalik Engineering Industries IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date