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Shivalik Engineering Industries IPO
Shivalik Engineering Industries
Shivalik Engineering Industries IPO Details
Company Business
Shivalik Engineering Industries Limited is a leading precision engineering firm in India, specializing in casting components for the automotive, agriculture, railways, and off-highway sectors. As of December 31, 2023, they offer 297 SKUs, providing comprehensive services like designing, casting, machining, and assembly. Founded in 2007, the company operates three manufacturing facilities in Chhattisgarh with a capacity of 83,800 MT and is expanding with a new machining unit. Their clients include major Indian brands like Daimler, Ashok Leyland, and Mahindra, as well as U.S. companies such as Accuride Corporation and Webb Wheel Products. They also supply to Indian Railways.
IPO Objectives
The IPO funds will be primarily used to set up a solar plant and expand the foundry capacity with a new foundry line. A portion will also be allocated for general corporate purposes, with no more than 25% of the gross proceeds used for this purpose.
Shivalik Engineering Industries Revenue & Profit
10
8
6
4
2
0
Shivalik Engineering Industries IPO Dates
| Open Date | To be announced |
| Close Date | To be announced |
| Allotment Date | To be announced |
| Initiation of Refunds | To be announced |
| Credit of Shares to Demat Account | To be announced |
| Listing Date | To be announced |
Shivalik Engineering Industries IPO Lot Size
| Minimum Lot Size | To be announced |
| Maximum Lot Size | To be announced |
Seize the Opportunity! Apply for Shivalik Engineering Industries IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory
Shivalik Engineering Industries IPO Subscription Breakup
| QIBs | To be announced |
| Non Institutional Investors | To be announced |
| Retail Investors | To be announced |
How to Apply for Shivalik Engineering Industries IPO?
Step 1
First, you need to visit the IPO section on our website.
Step 2
Then, click on the 'IPO Listing' option to view the IPO.
Step 3
Open the Shivalik Engineering Industries IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the Shivalik Engineering Industries IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.