Shivalic Power Control Limited

About the company

## **About Shivalic Power Control Limited** Founded in 2004, Shivalic Power Control Limited is an ISO-certified LT and HT electric panel manufacturer with an operating history of 20 years. They are a technology-driven company with a strong focus on quality, design and product development, which has allowed them to develop products suited to their customers’ requirements. Their 1,25,000 Sq. Feet of in-house manufacturing unit allowed them to manufacture a diversified range of electric panels such as PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronisation panels, Outdoor panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Duct and LT & HT APFC Panels. Their manufacturing facility is located at Haryana India. They are authorised by industry leaders such as L&T, Siemens, Schneider Electric and TDK to manufacture fully type tested panels which they serve to more than 15+ industrial Sectors in India as well as in outside India, viz, Nepal, Bangladesh, African countries such as Uganda, Kenya, Nigeria, Algeria.They have served more than 500+ Clients in different industries such as Sugar, Papers, Cement, Steel, FMCG, Automobile etc. Their clientele in this industry includes Hewlett Packard, DCM Shriram, Rungta Mines, Reliance Cement, Kalpataru Power Transmission, Jindal Steel & Power, JSW, Bikaji Foods, Dabur, Radico, Naini Paper, J K Paper, Orient Papers, J K Cement, Escorts, Yamaha Motors and many more. They are buying most of the materials directly from industrial giants like L&T, Siemens, ABB, C&S, EPCOS. So far, they are serving traditional industries like FMCG, Metal, Cement, Automobile etc. The company assembly line is well-equipped with the latest machines procured from renowned brands like Trumpf, Ermaksan, Gasprini, Amada, LV-HD machines and Bosch. The company has a dedicated team of engineers who are experts in designing and developing advanced designs which enable to manufacture the Techno Modular Design – Fully Bolted Panels with Aluminium and Copper Bus Bar, which make them different from traditional welding panel manufacturers with a strong focus on the quality of the panel. With a team size of around 180 personnel, they can meet the requirements of their customers. Shivalic Power Control Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. To meet out the working capital requirements of the company  1. To meet out the capital expenditure of the company  1. Funding for procurement of new machineries.  1. Civil construction of warehouse by shedding the roof.  1. To meet out the inorganic growth through unidentified acquisition for Company  1. General Corporate Expenses

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   24 Jun 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   26 Jun 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   26 Jun 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   28 Jun 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   27 Jun 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   01 Jul 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.