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MESON VALVES INDIA LIMITED
Issue Size (Net)
up to ₹31.09 Cr
Price Band
Rs.102 per share
Issue Opens
08-Sep-23
Issue Closes
12-Sep-23

Company Highlights

1.Company Information

Incorporated in 2016, Meson Valves India Limited, previously known as Sander Meson India Private Limited, is a supplier of valves, actuators, Strainers, and remote-control valve systems to industries both in domestic and international markets.

Meson Valves India is engaged in the business of assembling, buying, selling, distributing, importing, exporting, or otherwise dealing in products like valves, actuators, remote control systems, control cabinets, tanks, visualization systems, piping, pumps, fittings, gaskets, flanges, and measurement devices. It also deals in the installation, maintenance, servicing, or otherwise handling of equipment and services that control and manage all products like valves, actuators, remote control systems, control cabinets, tanks, visualization system, piping, pumps, fittings, gaskets, flanges, and measurement devices.

2. Objective of the Issue
The Company proposes to utilize the Net Proceeds towards funding the following objects:

1. To meet working capital requirements, and

2. General Corporate Purposes and Issue Expenses.

3.Meson Valves India IPO Registrar
Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: ipo@maashitla.com

Meson Valves India IPO Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-21
2105.58
1542.35
11.81
55.17
48.17
918.26
31-Mar-22
2738.78
1431.57
212.54
267.71
260.71
923.93
31-Mar-23
4509.01
3719.30
452.43
1849.57
1157.32
1124.16

Meson Valves India

Issue Opening Date
September 8, 2023
Issue Closing Date
September 12, 2023
Listing Date
[.]
Face Value
Rs.10 per share
Price
Rs.102 per share
Lot Size
1200 Shares
Issue Size
3,048,000 shares (aggregating up to ₹31.09 Cr)
Fresh Issue
3,048,000 shares (aggregating up to ₹31.09 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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