Shivalic Power Control Limited IPO
Shivalic Power Control Limited was a SME IPO in the Other Electrical Equipment sector, offered at ₹95–₹100 per share to raise ₹64 crore. It listed on 1 Jul 2024 at ₹311 and closed its first day at ₹327, a listing gain of +226.6% versus the ₹100 issue price. It now trades around ₹40 (-59.6% versus the issue price).
Frequently asked questions
- What were the Shivalic Power Control Limited IPO listing gains?
- Shivalic Power Control Limited listed on 1 Jul 2024 at ₹311, closing its first day at ₹327 — a listing gain of +226.6% versus the ₹100 issue price.
- What was the price band and lot size of the Shivalic Power Control Limited IPO?
- The price band was ₹95–₹100 per share, with a minimum lot of 1,200 shares (₹1,20,000 at the upper band).
- Who were the registrar and lead manager for the Shivalic Power Control Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Corporate Capital Ventures was the book-running lead manager.