Ashok Rathi

Shivalic Power Control Limited IPO Detail Date Review 2024

Shivalic Power Control Limited was incorporated in 2004. Shivalic Power Control Limited  IPO subscription opens from 24 June 2024 and issue closes on 26 June 2024. IPO Face value is Rs.10 per share. IPO Issue bid size is between Rs.95 to Rs.100 per share. The lot size is 1200 shares per lot. This is a Book Built Issue IPO.

  1. Company Share Holding, Pre Issue is17,683,754 shares.
  2. Company Share Holding, Post Issue will be 24,115,754 shares.
  3. This IPO is Listing at NSE SME, on 1 July 2024.

Corporate Capitalventures Pvt Ltd is the book-running lead manager for the Shivalic Power Control IPO, with Skyline Financial Services Private Ltd serving as the registrar for the issue. The market maker for the Shivalic Power Control IPO is Ss Corporate Securities.

Shivalic Power Control Limited IPO Detail Date Review 2024
Shivalic Power Control Limited IPO Detail Date Review 2024

Shivalic Power Control Limited IPO Timeline :

  1. Shivalic Power Control Limited IPO issue opens on 24 June and closes on 26 June 2024.
  2. Cut Off Time of UPI Payment is, 5pm on 26 June 2024.
  3. IPO Issue Basis of Allotment is, 27 June 2024.
  4. Who did not get the allotment of shares, Refunds Initiation begins from 28 June 2024.
  5. Who got the allotment, Shares will be Credited in their Demat Account by 28 June 2024.
  6. Finally IPO lists on 1 July  2024. This was the IPO timeline of Shivalic Power Control Limited IPO.

Shivalic Power Control Limited IPO Reservations for Investor Categories :

Retail Shares Offered Not less more 50% of the Net Issue.

Retail Shares Offered Not less than 35% of the Net Issue.

NII (HNI) Shares Offered Not less than 15% of the Net Issue.


Shivalic Power Control Limited IPO Detail Date Review 2024
Shivalic Power Control Limited IPO Detail Date Review 2024

Shivalic Power Control Limited IPO Lot Size Minimum to Maximum allotment for Investors :

  1. Retail Investor can apply for Minimum, 1 lot which has 1200 shares and investing amount ₹ 120,000.
  2. Retail Investor Maximum apply for 1 lot, 1200 shares, amount ₹ 120,000.
  3. HNI Investor Minimum 2 lot, 2400 shares, amount ₹ 240,000.

An Intro About Shivalic Power Control Limited  :

– Established in 2004, Shivalic Power Control Restricted makes electric boards. The item arrangement of the organization incorporates PCC Boards, IMCC Boards, Brilliant Boards, MCC Boards, DG synchronization boards, Open air boards, HT Boards up to 33KV, VFD Boards, Power Dissemination Sheets, Transport Channel and LT and HT APFC Boards.

Industry pioneers like L&T, Siemens, Schneider Electric, and TDK approve the organization to make completely type-tried boards according to IEC 61439 – 1&2, IEC 61641, and IS1893.

The organization makes 11kv and 33kv of HT Boards.

The organization serve these boards to in excess of 15 modern areas in India as well as outside India, including Nepal, Bangladesh, and African nations like Uganda, Kenya, Nigeria, and Algeria.

The organization’s assembling office has been ensured to satisfy global guidelines for quality administration frameworks, ecological administration frameworks, and word related wellbeing and security the executives frameworks, as illustrated in ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018.

The organization’s assembling unit is situated in Faridabad, Ballabgarh, Haryana, and has a creation limit of 10,000 verticals for each annum.

As of December 31, 2023, the organization has a sum of 180 workers.

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Shivalic Power Control Limited IPO Detail Date Review 2024
Shivalic Power Control Limited IPO Detail Date Review 2024

How to apply for Shivalic Power Control Limited IPO Subscription ?

There are some simple steps to follow

  • First go to your brokers website and login there
  • 2nd after login see the IPO section and click there
  • 3rd click the IPO Service Bid button here
  • 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
  • 5th Now visit your UPI app page and approve the amount transaction.
  • 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application.

An Review About Shivalic Power Control Limited :

Shivalic Power Control Limited is a prominent player in the power control and electrical solutions industry, renowned for its commitment to innovation, quality, and sustainability. Since its inception, the company has made significant strides in developing and providing advanced electrical solutions that cater to a diverse range of industries. This extensive description explores the company’s history, mission, core values, comprehensive product and service offerings, technological advancements, market presence, sustainability initiatives, client-centric approach, training and development programs, and future outlook.

Company History and Vision

Foundation and Early Years

Shivalic Power Control Limited was established with a clear vision to revolutionize the power control industry. From its early days, the company has focused on delivering high-quality, reliable, and innovative electrical solutions. The founders, driven by a passion for excellence and a deep understanding of the industry, set out to create a company that would stand at the forefront of technological advancements in power control.

Growth and Expansion

Over the years, Shivalic Power Control has grown significantly, expanding its product portfolio and market reach. The company’s commitment to quality and innovation has earned it a reputation as a trusted provider of electrical solutions. Today, Shivalic Power Control operates across multiple regions and serves a diverse clientele, including industries such as manufacturing, construction, energy, and utilities.

Vision and Mission

Shivalic Power Control’s vision is to be a global leader in power control solutions, driving innovation and sustainability in the industry. The company’s mission is to deliver high-quality, innovative electrical solutions that empower businesses and improve lives. By staying true to its core values and continuously pushing the boundaries of technology, Shivalic Power Control aims to create lasting value for its clients and stakeholders.

Core Values

At the heart of Shivalic Power Control’s success are its core values, which guide every aspect of the company’s operations:

  1. Innovation: Continuously pushing the boundaries of technology to develop state-of-the-art solutions that address the complex challenges of the power control industry.
  2. Quality: Committed to upholding the highest standards of quality in all products and services, ensuring reliability and excellence.
  3. Customer-Centricity: Prioritizing the needs and goals of clients, offering personalized solutions and dedicated support.
  4. Integrity: Conducting business with transparency, honesty, and ethical practices.
  5. Sustainability: Committing to sustainable practices and environmentally friendly solutions that contribute to a better future.

Comprehensive Product and Service Offerings

Shivalic Power Control Limited offers a wide array of products and services designed to meet the diverse needs of its clients. The company’s comprehensive offerings include:

Electrical Control Panels

Shivalic Power Control specializes in manufacturing high-quality electrical control panels that are essential for managing and distributing electrical power in various industries. Key products in this category include:

  • Motor Control Centers (MCCs): Designed for motor control and protection, offering enhanced operational efficiency and safety.
  • Power Control Centers (PCCs): Used for the control and distribution of electrical power, ensuring reliable performance and minimal downtime.
  • Distribution Boards: Efficiently distributing electrical power to various circuits, ensuring safety and reliability.
  • Automatic Power Factor Correction (APFC) Panels: Improving energy efficiency by maintaining the power factor at an optimal level.

Automation Solutions

In an era of digital transformation, Shivalic Power Control provides advanced automation solutions that enhance operational efficiency and productivity. These solutions include:

  • Programmable Logic Controllers (PLCs): Offering precise control and automation of industrial processes.
  • Supervisory Control and Data Acquisition (SCADA): Enabling real-time monitoring and control of industrial processes, improving decision-making and efficiency.
  • Human-Machine Interfaces (HMIs): Providing user-friendly interfaces for seamless interaction between operators and machinery.
  • Building Management Systems (BMS): Integrating various building systems to optimize performance and energy usage.

Power Quality Solutions

Ensuring high power quality is critical for the smooth operation of electrical systems. Shivalic Power Control offers solutions that address power quality issues, including:

  • Uninterruptible Power Supplies (UPS): Providing backup power during outages, ensuring continuous operation of critical systems.
  • Harmonic Filters: Reducing harmonic distortion and improving power quality, enhancing the lifespan and performance of electrical equipment.
  • Power Factor Correction (PFC) Systems: Improving energy efficiency and reducing power costs by correcting power factor issues.

Renewable Energy Solutions

In line with its commitment to sustainability, Shivalic Power Control offers innovative renewable energy solutions that harness the power of natural resources. These solutions include:

  • Solar Power Systems: Designing and installing solar power systems for residential, commercial, and industrial applications, reducing reliance on conventional energy sources.
  • Wind Power Solutions: Offering wind power solutions that provide clean and sustainable energy.
  • Hybrid Energy Systems: Combining different renewable energy sources to create efficient and reliable power solutions.
  • Energy Storage Solutions: Implementing advanced energy storage systems to ensure a consistent power supply.

Technological Advancements

Shivalic Power Control Limited is at the forefront of technological innovation in the power control industry. The company invests heavily in research and development to explore new technologies and enhance its existing offerings. By leveraging the latest advancements in automation, digitalization, and renewable energy, Shivalic Power Control delivers solutions that are both innovative and future-proof.

Research and Development

The company’s state-of-the-art research and development (R&D) center is dedicated to exploring new technologies and improving existing products. The R&D team collaborates with leading universities and research institutions to stay ahead of industry trends and ensure that Shivalic Power Control remains at the cutting edge of technological innovation.

Advanced Manufacturing

Shivalic Power Control’s manufacturing facilities are equipped with advanced machinery and quality control systems, ensuring that every product meets rigorous quality standards. The company employs lean manufacturing principles to optimize production processes, reduce waste, and enhance efficiency.

Market Presence and Reach

Shivalic Power Control has a strong market presence, with a wide distribution network that spans across various regions. The company’s products are trusted by a diverse clientele, including businesses in sectors such as manufacturing, construction, energy, and utilities. This broad market reach underscores Shivalic Power Control’s ability to understand and address the unique challenges faced by different industries.

Key Markets

  1. Manufacturing: Providing reliable power control solutions that enhance productivity and efficiency in manufacturing processes.
  2. Construction: Offering advanced electrical systems for residential, commercial, and industrial construction projects.
  3. Energy: Delivering innovative solutions for power generation, transmission, and distribution.
  4. Utilities: Ensuring the reliable and efficient operation of utility systems, including water and waste management.

Sustainability and Environmental Responsibility

Shivalic Power Control Limited is deeply committed to sustainability and environmental stewardship. The company integrates eco-friendly practices into its operations and offers green technology solutions that help clients reduce their environmental footprint. Additionally, Shivalic Power Control is involved in various community initiatives aimed at driving social impact and fostering sustainable development.

Eco-Friendly Practices

  1. Sustainable Manufacturing: Utilizing eco-friendly materials and processes to minimize environmental impact.
  2. Energy Efficiency: Implementing energy-efficient technologies in its products and operations.
  3. Waste Reduction: Adopting waste reduction strategies and recycling programs to reduce landfill contributions.

Community Initiatives

Shivalic Power Control actively participates in community initiatives that promote social and environmental well-being. The company supports educational programs, environmental conservation projects, and community development initiatives, demonstrating its commitment to corporate social responsibility.

Client-Centric Philosophy

A cornerstone of Shivalic Power Control’s success is its unwavering commitment to a client-centric approach. The company works closely with clients to understand their specific needs and challenges, developing customized solutions that deliver tangible results. This dedication to client satisfaction is reflected in the long-term relationships Shivalic Power Control has built with its clients, characterized by trust, collaboration, and mutual growth.

Personalized Solutions

Shivalic Power Control’s team of experts collaborates with clients to design and implement solutions tailored to their unique requirements. This personalized approach ensures that each solution is optimized for performance, efficiency, and reliability.

Shivalic Power Control Limited Dedicated Support

The company provides comprehensive support services to ensure the smooth operation of its products and solutions. From installation and commissioning to maintenance and technical support, Shivalic Power Control is committed to delivering exceptional service at every stage.

Training and Development

Shivalic Power Control recognizes the importance of skilled personnel in delivering high-quality solutions. The company invests in the training and development of its employees, ensuring that they are equipped with the latest knowledge and skills. This focus on continuous learning enables Shivalic Power Control to maintain its competitive edge and provide superior service to its clients.

Employee Training Programs

  1. Technical Training: Providing employees with in-depth training on the latest technologies and industry practices.
  2. Leadership Development: Developing the leadership skills of employees to foster a culture of innovation and excellence.
  3. Health and Safety: Ensuring a safe and healthy work environment through comprehensive health and safety training programs.

Shivalic Power Control Limited IPO Future Outlook

Looking ahead, Shivalic Power Control Limited is poised for continued growth and success. The company is focused on expanding its product portfolio, exploring new markets, and leveraging emerging technologies to stay at the forefront of the industry. By remaining committed to its core values and embracing innovation, Shivalic Power Control aims to drive progress and create lasting value for its clients and stakeholders.

Shivalic Power Control Limited IPO Detail Date Review 2024
Shivalic Power Control Limited IPO Detail Date Review 2024

Strategic Initiatives

  1. Product Innovation: Continuously developing new products and solutions to meet the evolving needs of the market.
  2. Market Expansion: Exploring new markets and expanding its global footprint.
  3. Sustainability Goals: Advancing its sustainability initiatives and setting ambitious environmental targets.


Shivalic Power Control Limited stands out as a leader in the power control and electrical solutions industry, driven by a passion for innovation and a commitment to excellence. With a diverse range of products and services, cutting-edge technology, and a client-centric approach, the company is well-positioned to help businesses navigate the complexities of the modern electrical landscape. As Shivalic Power Control continues to push the boundaries of what’s possible, it remains a trusted partner for organizations looking to enhance their operations and achieve lasting success in an ever-evolving technological environment. Through its dedication to quality, innovation, and sustainability, Shivalic Power Control Limited is truly powering the future.



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