Meson Valves India IPO Details: Meson Valves India, a supplier of valves, actuators, strainers, and remote-control valve systems, is set to launch its initial public offering (IPO) on September 8, 2023. The IPO will close on September 12, 2023. The company is looking to raise ₹31.09 crores through the IPO.
What is Meson Valves India IPO?
Meson Valves India, a supplier of valves, actuators, strainers, and remote-control valve systems, is set to launch its initial public offering (IPO) on September 8, 2023. The IPO will close on September 12, 2023. The company is looking to raise ₹31.09 crores through the IPO.
The IPO consists of a fresh issue of 3,048,000 equity shares of ₹10 each. The price band for the IPO has been fixed at ₹102 per share. The minimum investment amount for retail investors is ₹12,320 (1200 shares), while the minimum investment amount for institutional investors is ₹102,000 (1000 shares).
The proceeds from the IPO will be used to fund the company’s working capital requirements and for expansion. Meson Valves India is currently present in India and exports its products to over 20 countries. The company has a strong customer base in the oil and gas, power, and infrastructure sectors.
The IPO is being managed by Axis Capital, Equirus Capital, and ICICI Securities. The registrar for the IPO is KFin Technologies.
The Meson Valves India IPO is a good opportunity for investors to participate in the growth of the valves and actuators market. The market is expected to grow at a CAGR of 8%-10% in the next few years. Investors should however do their own due diligence before investing in the IPO.
Here are some of the key things to keep in mind about the Meson Valves India IPO:
- The IPO opens on September 8 and closes on September 12, 2023.
- The company is looking to raise ₹31.09 crores through the IPO.
- The price band for the IPO is fixed at ₹102 per share.
- The minimum investment amount for retail investors is ₹12,320 (1200 shares).
- The proceeds from the IPO will be used to fund the company’s working capital requirements and for expansion.
Objective of Meson Valves India IPO
The objectives of the Meson Valves India IPO are to:
- Raise ₹31.09 crores to fund the company’s working capital requirements and for expansion.
- Set up a new manufacturing unit to meet the growing demand for its products.
- Widen its product portfolio to cater to the needs of a wider range of customers.
- Strengthen its marketing and distribution network.
- Improve its brand image and reputation.
Meson Valves India IPO Date & Price Band Details
| IPO Open: | September 8, 2023 |
| IPO Close: | September 12, 2023 |
| IPO Size: | Approx ₹31.09 Crores, 3,048,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹102 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| RHP Draft Prospectus: | Click Here |
Meson Valves India IPO Market Lot
The Meson Valves India IPO minimum market lot is 1200 shares with a ₹122,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹122,400 |
| Retail Maximum | 1 | 1200 | ₹122,400 |
| S-HNI Minimum | 2 | 2400 | ₹244,800 |
Meson Valves India IPO Dates
The Meson Valves India IPO date is September 8 and the IPO close date is September 12. The IPO allotment date is September 15 and the IPO might list on September 21.
| IPO Open Date: | September 8, 2023 |
| IPO Close Date: | September 12, 2023 |
| Basis of Allotment: | September 15, 2023 |
| Refunds: | September 18, 2023 |
| Credit to Demat Account: | September 20, 2023 |
| IPO Listing Date: | September 21, 2023 |
You can also add this IPO Calendar to your mobile to get the latest and timely reminders on the above dates.
Meson Valves India IPO Subscription Status
For the latest update on the Meson Valves IPO, you can check this dedicated page for IPO subscription status.
Meson Valves India IPO Allotment Status
For the latest update on the Meson Valves IPO, you can check this dedicated page for IPO allotment status.
Meson Valves India IPO Forms
For IPO form for the Meson Valves IPO, you can check this dedicated page for IPO Forms.
Meson Valves India Company Financials
| Year | Revenue | Expense | PAT |
| 2021 | ₹15.42 | ₹15.22 | ₹0.12 |
| 2022 | ₹14.32 | ₹11.33 | ₹2.13 |
| 2023 | ₹37.19 | ₹30.99 | ₹4.52 |
here are some of the financial highlights of Meson Valves India:
- Revenue: The company’s revenue grew from ₹153.2 crores in FY21 to ₹366.5 crores in FY23.
- Net profit: The company’s net profit was ₹1.2 crores in FY21 and ₹45.2 crores in FY23.
- Gross margin: The company’s gross margin was 38.1% in FY21 and 41.0% in FY23.
- Operating profit margin: The company’s operating profit margin was 15.7% in FY21 and 21.6% in FY23.
- Net profit margin: The company’s net profit margin was 0.8% in FY21 and 1.2% in FY23.
- Current ratio: The company’s current ratio was 3.79 in FY21 and 3.77 in FY23.
- Debt-to-equity ratio: The company’s debt-to-equity ratio was 0.08 in FY21 and 0.09 in FY23.
The company’s financial performance has been improving in recent years. The company’s revenue and net profit have been growing steadily. The company’s gross margin and operating profit margin have also been improving. The company’s current ratio and debt-to-equity ratio are healthy.
However, the company is still a relatively new company and has not yet been profitable for a sustained period of time. The company is also facing increasing competition from foreign players. Investors should carefully consider these factors before investing in the Meson Valves India IPO.
Here are some of the key risks to consider before investing in Meson Valves India:
- The company is a relatively new company and has not yet been profitable for a sustained period of time.
- The company is facing increasing competition from foreign players.
- The company’s growth prospects are dependent on the growth of the oil and gas, power, and infrastructure sectors.
- The company’s financial performance could be affected by changes in the global economic environment.
- The company’s financial performance could be affected by changes in the regulatory environment.
Investors should carefully consider these risks before investing in Meson Valves India IPO.
Company Promoters
- Mr. Brijesh Madhav Manerikar
- Mr. Swaroop Raghuvir Natekar
- Mr. Vivekanand Maruti Redekar
- India Futuristic Marine Private Limited
Meson Valves India IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com
Company Address
Meson Valves India Limited
Plot No. L-45, First Floor,
Software Technology Park, Verna Industrial Estate,
Salcete, Verna – 403722
Phone: 08322954198
Email: investor@mvi.ltd
Website: https://mvi.ltd/
Meson Valves India IPO FAQs
Meson Valves India, a supplier of valves, actuators, strainers, and remote-control valve systems. The company is looking to raise ₹31.09 crores through the IPO.
The IPO is to open on September 8, 2023.
The investors’ portion for NII is 50%, and Retail is 50%.
You can apply for the Meson Valves India IPO through a broker or directly through the stock exchanges.
To apply through a broker, you will need to open a demat and trading account with the broker. Once you have opened the account, you can contact the broker to apply for the IPO.
To apply directly through the stock exchanges, you will need to have a trading account with a stock exchange. You can then log in to your trading account and apply for the IPO.
The minimum investment amount for the Meson Valves India IPO is ₹12,320 (1200 shares). The IPO will open on September 8 and close on September 12, 2023.
Here are the steps on how to apply for the Meson Valves India IPO through a broker:
Open a demat and trading account with a broker.
Contact the broker to apply for the IPO.
Provide the broker with your PAN number, bank account details, and investment amount.
The broker will then apply for the IPO on your behalf.
You will be allotted shares, if any, on the basis of the number of shares applied for and the subscription amount.
Here are the steps on how to apply for the Meson Valves India IPO directly through the stock exchanges:
Open a trading account with a stock exchange.
Log in to your trading account.
Go to the IPO section of the trading platform.
Select the Meson Valves India IPO.
Enter the number of shares you want to apply for and the subscription amount.
Submit the application.
You will be allotted shares, if any, on the basis of the number of shares applied for and the subscription amount.
It is important to note that the IPO may be oversubscribed, which means that there may be more demand for shares than there are shares available. In this case, not all applicants will be allotted shares.
If you are allotted shares, you will be required to pay the full subscription amount within a few days of the allotment. The shares will then be credited to your demat account.
You can apply for the Meson Valves India IPO through Zerodha using the UPI mode of payment. Here are the steps on how to do it:
Open the Zerodha Kite app.
Tap on the “Orders” tab.
Tap on the “IPO” tab.
Select the Meson Valves India IPO from the list of ongoing IPOs.
Enter the number of shares you want to apply for and the subscription amount.
Tap on the “Apply” button.
Enter your UPI ID and confirm the payment.
Your application will be submitted once the payment is successful. You will be allotted shares, if any, on the basis of the number of shares applied for and the subscription amount.
Here are some things to keep in mind when applying for the Meson Valves India IPO through Zerodha:
You must have a Zerodha trading account.
You must have sufficient funds in your bank account to make the payment.
The minimum investment amount for the Meson Valves India IPO is ₹12,320 (1200 shares).
The IPO will open on September 8 and close on September 12, 2023.