Shivalik Global IPO
Shivalik Global IPO — date, price band, lot size & details 2006
Shivalik Global listed on 10 Apr 2006 at ₹72, 20% above the ₹60 issue price.
Shivalik Global is a textile company that makes knitted garments, processes woven fabrics and dyes yarn, mainly for export. Its total income was Rs 165.54 crore in FY2005.
Stock price
Shivalik Global is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 12 November.
- Open 09 Mar 2006
- Close 14 Mar 2006
- Allotment TBA
- Refund/credit TBA
- Listing 10 Apr 2006
Issue summary
The terms of the offer, as filed.
| IPO Dates | 9 to 14 Mar, 2006 |
|---|---|
| Price Band | TBA |
| Face Value | ₹10 |
| Lot Size | 100 Shares |
| Issue Size | ₹60 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 6,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 100 shares at the ₹60 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 100 | ₹6,000 |
| Retail (max) | 33 | 3,300 | ₹1,98,000 |
| S-HNI (min) | 34 | 3,400 | ₹2,04,000 |
| S-HNI (max) | 166 | 16,600 | ₹9,96,000 |
| B-HNI (min) | 167 | 16,700 | ₹10,02,000 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income doubled from Rs 80.83 crore in FY2001 to Rs 165.54 crore in FY2005.
- 02Profit after tax rose from Rs 2.38 crore in FY2004 to Rs 6.09 crore in FY2005.
- 03Net worth rose from Rs 20.85 crore in FY2001 to Rs 34.20 crore in FY2005.
- 04It had 1478 employees across its operations.
Risks · 5
- 01Profit after tax was thin at Rs 6.09 crore on income of Rs 165.54 crore in FY2005.
- 0255.75% of its workforce was contract labour.
- 03Profit fell from Rs 3.62 crore in FY2002 to Rs 2.38 crore in FY2004.
- 04Textile exports bring currency risk; the Rs 60 crore issue was large next to its net worth.
- 05Promoter holding fell from 55.63% before the issue to 32.7% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Shivalik Global offer document.
| Metric | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|---|
| Total Income | 165.54 | 148.34 | 127.39 | 111.55 | 80.83 |
| Profit After Tax | 6.09 | 2.38 | 2.64 | 3.62 | 3.40 |
| NET Worth | 34.20 | 28.11 | 25.73 | 25.02 | 20.85 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Shivalik Global RHP.
Where the money goes
₹50.00 Cr of the issue is earmarked to named objects.
About the company
It makes knitted garments, processes woven fabrics and produces dyed yarn, mostly for export markets.
It had 1478 employees, of whom 654 were permanent and 824, or 55.75%, contract labour. A group company, Ruchi India, had received an ESI show cause notice.
The IPO was Rs 60 crore and was entirely a fresh issue at Rs 60 per share, with a face value of Rs 10.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Shivalik Global IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Centrum Capital Ltd.
27 issues handledBest listing: Nandan Exim (+140.0%). Weakest: Prime Focus (-22.8%).
Almondz Global Securities Ltd
23 issues handledBest listing: Amar Remedies (+100.0%). Weakest: First Winner Industries (-12.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Shivalik Global?
The current Grey Market Premium is ₹0.
What is the Shivalik Global IPO price band?
₹60, on a face value of ₹10.
When is the allotment?
The basis of allotment is TBA, with listing on 10 April 2006.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
