Shivalic Power Control IPO

Shivalic Power Control Limited launches IPO with 64,32,000 shares worth INR 64.32 crores to fund working capital, capital expenditure, acquisitions, and corporate expenses.

Important Details

Open Date : June 24, 2024 Close Date : June 26, 2024 Allotment Date: June 27, 2024 Listing Date: July 1, 2024

Important Details

IPO Price: INR 95-100 per share Lot Size: 1200 Shares Total Issue Size: INR 64.32 crores

Fundamental Analysis

Shivalic Power Control analysis shows mixed performance: 1. Revenue increased ,Equity grew & debt reliance decreased. 2. Profitability & EPS improved. 3. RoNW rose; total assets grew. 4. Liquidity strengthened despite potential short-term challenges.

Peer Comparison

Shivalic Power Control Limited: Moderate growth. Saakshi Medtech And Panels Limited: Leads in profitability. Marine Electricals (India) Limited: Significant revenue, lower profitability metrics.


Shivalic Power Control main objective: 1. Meet working capital needs. 2. Fund capital expenditures for new machinery and assembly line construction. 3. Support inorganic growth through acquisitions.

Risks And Challenges

Shivalic Power Control IPO risks: 1. Allocating INR 5.75 crores for unidentified business acquisitions. 2. INR 5.82 crores for capital expenditure with uncertain costs. 3. Working capital challenges from client payment delays.