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ALLOTMENT STAGESME

Balaji Valve Component IPO

Open 27th Dec 2023 · Close 29th Dec 2023 · Listing

Price Band₹95.00–₹100.00
Live GMP₹51.00
SubscriptionNO DATA
Issue Size₹21.60 Cr
Allotment1st Jan 2024

At a glance

Updated 2026-08-24

The shares listed at ₹190.00, a 90.00% move from the issue price. Balaji Valve Component is a SME IPO with an issue size of ₹21.60 crore, proposed for listing on BSE SME. The offer opens on 27th Dec 2023 and closes on 29th Dec 2023. The issue structure includes a fresh issue of ₹20.46 crore.

Issue details

Listing atBSE SME
Issue typeBook Build Issue
Issue size₹21.60 Cr
Fresh issue₹20.46 Cr
Face value₹10
Price band₹95.00–₹100.00
Allotment1st Jan 2024

Listing performance

Full performance ↗
Issue price₹100.00
Listing price₹190.00
Current price
Listing gain90.00%
Current return
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹51.00
GMP / upper price51.00%
Est. listing₹151.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens27th Dec 2023
Closes29th Dec 2023
Allotment1st Jan 2024
Refund2nd Jan 2024
Demat2nd Jan 2024

Subscription demand

Full bidding ↗
NO DATAWaiting for a verified live exchange update.

Lot size

InvestorLotsSharesAmount
Minimum Bid11200₹120,000

Company

Use of proceeds

ObjectAmount
Funding Capital Expenditure towards installation of additional plant and machinery.₹8.05 Cr
To meet working capital requirements₹7.50 Cr
General Corporate Purpose₹3.97 Cr
Total₹19.52 Cr

31 Mar 2021

Assets17.59
Total Income16.16
Profit After Tax-0.03
NET Worth-0.11
Reserves and Surplus-0.06
Total Borrowing14.00

31 Mar 2022

Assets39.73
Total Income39.06
Profit After Tax1.53
NET Worth1.45
Reserves and Surplus1.48
Total Borrowing28.00

31 Mar 2023

Assets50.23
Total Income62.94
Profit After Tax6.43
NET Worth7.89
Reserves and Surplus7.91
Total Borrowing28.78

30 Jun 2023

Assets51.32
Total Income16.55
Profit After Tax1.85
NET Worth9.76
Reserves and Surplus3.77
Total Borrowing28.79
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
Debt / Equity
RoNW
PAT Margin

Valuation & shareholding

Pre-IPO EPS10.72
Pre-IPO P/E9.33
Post-IPO P/E11.04
Promoter holding pre100%
Promoter holding post73.53%
Market cap₹81.60 Cr.

Issue expenses

ExpenseAmount
Lead Manager Fees₹0.25 Cr
Fees Payable to Registrar to the Issue₹0.01 Cr
Fees Payable for Advertising and Publishing Expenses₹0.05 Cr
Fees Payable to Regulators including Stock Exchange₹0.06 Cr
Payment for Printing & Stationery, Postage, etc.₹0.02 Cr
Fees Payable to Underwriter₹0.22 Cr
Fees Payable to Auditor, Legal Advisors and other Professionals₹0.03 Cr
Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees and Miscellaneous Expenses)₹1.44 Cr

Registrar & lead managers

Registrar

Bigshare Services Pvt.Ltd.

Lead managers

  • Hem Securities Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.