Open Date
24 Jun 2024
Close Date
26 Jun 2024
Listing Date
01 Jul 2024
Max Investment
₹1,20,000
Price Range
₹100 - ₹100
Lot Size
1200
IPO Size
₹64.32Cr
Exchange Symbols


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Open Date
Close Date
Listing Date
Max Investment
Price Range
Lot Size
IPO Size
Exchange Symbols
Experienced Promoter and management team with strong industry expertise and successful track record.
Modern facility set up in Faridabad equipped with advance technology.
Strong financial position, reducing leverage & increasing returns to scales.
Strategic Partnerships with world leading OEMs for component procurement.
Shivalic Power Control Limited is an ISO-certified LT and HT electric panel manufacturer with an operating history of 20 years. We are a technology- driven company with a strong focus on quality, design and product development, which has allowed it to develop products suited to its customers' requirements. Its 1,25,000 Sq. Feet of in-house manufacturing unit allowed it 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. The Company is authorised by industry leaders such as L&T, Siemens, Schneider Electric and TDK to manufacture fully type-tested panels as per IEC 61439 - 1&2 ,IEC 61641, IS1893 which the company serves 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. The company has a dedicated team of engineers who are experts in designing and developing advanced designs which enable it to manufacture the Techno Modular Design - Fully Bolted Panels with Aluminium and Copper Bus Bar, which make us different from traditional welding panel manufacturers with a strong focus on the quality of the panel.
: IPO Dates
The IPO opens for subscription on 24 Jun 2024, and closes on 26 Jun 2024. Investors will likely receive their allotment status updates on 27 Jun 2024. Those who get allotted shares can expect them credited to their Demat accounts by 28 Jun 2024. The shares will be officially listed on the stock exchange on 01 Jul 2024.
: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹100.0 and ₹100.0 per share.Investors can apply within this range. This book-building issue includes a fresh issue worth ₹64.32 crore and an offer for sale valued at ₹ - crore. The exact listing price will be revealed on 01 Jul 2024, which is when the shares start trading on the exchange.
: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately - crore.
You will also get notified of your allotment via push notifications and email from Torus Digital.

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