Meson Valves India Limited IPO

Meson Valves India Limited IPO Review, Date, Price, GMP

Meson Valves India Limited Incorporated in 2016 is a company engaged in the supply of valves, actuators, strainers, and remote-control valve systems to industries in both domestic and international markets. The Company’s Main Clients are the oil and gas industries, the Naval, Power, Refineries, and General Industries

Meson Valves India Limited’s main activities include assembling, distributing, purchasing, selling, importing & exporting, also dealing with various range of products which include control cabinets, tanks, visualization systems, piping, pumps, fittings, gaskets, flanges, and measurement devices. Meson Valves India also offers services related to the installation, maintenance, monitoring, and servicing of these products.

Their manufacturing unit is strategically located at Village Bhamboli, Khed, Pune-410501, Maharashtra, India. This manufacturing unit is well-equipped with CNC machines with all essential fixtures for assembly, quality assurance test machinery, and other equipment to ensure a smooth assembly process and efficient logistics. Safety standards are diligently maintained on the premises, following internal health and safety protocols, complemented by regular safety meetings. Meson Valves India Limited depends on an ERP System for handling all routine operations, from customer inquiries to product dispatch.

Meson Valves India Limited sources its products for assembly and supply from various countries worldwide, including Denmark, Germany, Poland, South Korea, Netherlands, Sweden, Turkey, and the United Arab Emirates. 

The company purchases goods for the local market from Goa, Gujarat, Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh, Dadra Nagar Haveli, Delhi, and Telangana, among other states. Domestic sales and exports are the two main divisions that the corporation runs. It is present in several states of India as well as abroad in countries like Germany, South Korea, Oman, Russia, Sweden, the United Arab Emirates, Sri Lanka, Qatar, and Thailand.

Meson Valves India Limited has expanded its product range by regularly releasing new designs and varieties while also evolving its product mix in recent years by entering new product categories. The company maintains close contact with customers while understanding market trends through personal conversations as well as cooperation with its sales team. The company’s approach is very aggressive which helps them to grow its product line to successfully satisfy market expectations.

Meson Valves India Limited IPO Complete Details:

Meson Valves India Limited IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP OF Meson Valves India Limited is Around 90 Rs.

Objects Of Issue:

  1. The acquisition of plant and machinery to establish a manufacturing unit.
  2. The provision of funding for meeting working capital needs.
  3. Addressing general corporate requirements.

Promoters:

Brijesh Madhav Manerikar, aged 44 years, serves as the Promoter, Chairman, and Managing Director of the company. He holds a Diploma in Shipbuilding Engineering from the Board of Technical Examinations, Goa, awarded in the year 2000. With approximately 6 years of experience within the same company, he has been a part of the company since its inception. His responsibilities encompass the comprehensive management and administration of the company.

Swaroop Raghuvir Natekar, aged 45 years, holds the position of Promoter and Whole Time Director within the company. He obtained his Diploma in Mechanical Engineering from the Board of Technical Examinations, Maharashtra State, in 1998. Accumulating approximately 6 years of experience within the same company, he has been an integral part of the company since its establishment. Swaroop Raghuvir Natekar primarily oversees the company’s financial aspects and actively engages in maintaining relationships, discussions, and negotiations with suppliers.

FAQs:

When Meson Valves India Limited IPO is Opening?

Meson Valves India Limited IPO is Opening on 08 September 2023(Friday).

When Meson Valves India Limited IPO is Closing?

Meson Valves India Limited IPO is Closing on 12 September 2023(Tuesday).

What is the IPO Issue Size of Meson Valves India Limited?

The IPO Issue Size of Meson Valves India Limited is 31.09 Crore.

Price Band of Meson Valves India Limited IPO?

Meson Valves India Limited IPO is a Fixed-price IPO at 102 Rupees Per Share.

What is the minimum investment for Meson Valves India Limited IPO?

The minimum investment for Meson Valves India Limited IPO is 122,400 Rupees.

Allotment Date of Meson Valves India Limited IPO?

The Allotment of Meson Valves India Limited IPO is on 15 September 2023(Friday).

Listing Date of Meson Valves India Limited IPO?

The Listing Of Meson Valves India Limited is Scheduled on 21 September 2023(Thursday).

One Should Apply Meson Valves India Limited IPO or Not?

One can Apply for listing gains.

How to apply for Meson Valves India Limited IPO through the Zerodha Application?

Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Meson Valves India Limited IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.

How to apply for Meson Valves India Limited IPO through the Upstox Application?

Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Meson Valves India Limited IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.

How to apply for Meson Valves India Limited IPO through Angel One Application?

Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Meson Valves India Limited IPO from the list ——–> Click on IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.

Who is Meson Valves India Limited IPO’s Lead Manager?

Shreni Shares Private Limited is the Lead Manager of Meson Valves India Limited IPO.

Where To Check the Allotment of Meson Valves India Limited IPO?

The allotment status for the Meson Valves India Limited IPO will be accessible on the Maashitla Securities Private Limited Website.

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