Shivalic Power Control IPO subscribed over 250 times! Strong interest from retail and non-institutional investors drove massive demand.
Shivalic shares debut with a 211% premium. Listed at ₹311 on NSE SME, way above the issue price of ₹100.
Funds for growth and expansion. Net proceeds will cater to working capital, capex, acquisitions, and corporate purposes.
20 years of excellence in electric panels. Shivalic manufactures LT and HT electric panels with a focus on quality and innovation.
1.25 lakh sq ft manufacturing unit. Produces a wide range of electric panels including PCC, IMCC, Smart, MCC, and HT Panels up to 33KV.
Shivalic shares debut with a 211% premium. Listed at ₹311 on NSE SME, way above the issue price of ₹100.
Strong revenue and profit growth. For the period ending December 2023, revenue was ₹63.55 crore with a net profit of ₹7.6 crore.