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.

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      Shivalik Engineering Industries Revenue & Profit

      Revenue
      Profit
      Loss
      All value in ₹ To be announced

      10

      8

      6

      4

      2

      0

      Shivalik Engineering Industries IPO Dates

      Open DateTo be announced
      Close DateTo be announced
      Allotment Date To be announced
      Initiation of RefundsTo be announced
      Credit of Shares to Demat AccountTo be announced
      Listing DateTo be announced

      Shivalik Engineering Industries IPO Lot Size

      Minimum Lot SizeTo be announced
      Maximum Lot SizeTo be announced

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      Shivalik Engineering Industries IPO Subscription Breakup

      QIBsTo be announced
      Non Institutional InvestorsTo be announced
      Retail InvestorsTo be announced

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      Shivalik Engineering Industries IPO FAQs

      Shivalik Engineering Industries IPO: Open Date, Price, Lot Size & Subscription Details