Shri Balaji Valve Components Limited

About the company

## **About  Shri Balaji Valve Components Limited** Incorporated in 2011, Shri Balaji Valve Components Limited are into machining of components and delivering ‘Ready to assemble’ valve components according to customers designs and specifications. Currently, the company is operating from its 2 manufacturing facilities located at Pune, Maharashtra. One of our manufacturing facilities is located at Bhosari, Pune which is equipped with the forging capabilities and heat treatment capabilities, the second manufacturing facility is located at Chakan MIDC, Bhamboli, Pune which undertakes the machining work. Most of their valves components are made as per the requirements specified by their customers’. They work in close connections with their clients, so that the valve components match with the customers’ requirement and can handle the desired applications. Over the years, their valve components have proved suitable and safe for many operations requirements. They manufacture valve components using the forging method, bar routing method and casting methods. In case of any casting products, they generally get the casts manufactured from the customers nominated vendors or outsourcing. The use of methods depends upon the manufacturing plans, customer requirements, component manufactured, material complexity etc. The company is very quality conscious and makes continuous efforts to maintain the desired level of quality starting from the raw material inward stage, manufacturing process and packaging and storage stage. They maintain a continuous check at different levels of output to ensure that the product is in conformity with quality standards and meet the customer’s specification. They also undertake discussions with the customers to understand the design specifications at the RFQ stage to the production stage, so that the valve components match with the customer’s requirements. As Shri Balaji Valve Components Limited prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1) Funding Capital Expenditure towards installation of additional plant and machinery.;       2) To meet working capital requirements;        3) General Corporate Purpose. Here are key details about the Shri Balaji Valve Components Limited IPO: Company Name| **Shri Balaji Valve Components Limited Limited**|  | Shri Balaji Valve Components Limited IPO Opening Date| **December 27, 2023** ---|---|---|---|--- Company Established On|**2011**Shri Balaji Valve Components Limited IPO Price band|**₹95 to ₹100 per share**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   27 Dec 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   29 Dec 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   29 Dec 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   02 Jan 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   01 Jan 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   03 Jan 2024

   Shares list on NSE / BSE

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