About Company – Shivalic Power Control

Shivalic Power Control is an ISO-certified LT and HT (Low Tension and High Tension) electric panel manufacturing company. It manufactures diverse range of electric panels i.e., PCC Panels, IMCC Panels, Smart Panels, MCC Panels, Outdoor Panels, , VFD Panels, Power Distribution Boards, Bus Duct and LT & HT APFC Panels.

The company is an authorized partner with industry giants such as Siemens, L&T, TDK, and Schneider Electric to manufacture fully type-tested panels.

The company serves customers across industries including Paper, Sugar, Cement, Steel, FMCG, Automobile, etc. Its key customers include Hewlett Packard, DCM Shriram, Rungta Mines, Reliance Cement, Kalpataru Power Transmission, Jindal Steel & Power, JSW, J K Paper, Orient Papers, J K Cement, Escorts, and many more. Its products are not only sold in India but also exported to several countries i.e., Nepal, Bangladesh, South Africa, Afghanistan, Mongolia, Sudan, Uganda, Kenya, Nigeria, and Algeria.

It has a 1.25 lakh square feet state-of-the-art manufacturing facility in Faridabad, Ballabgarh, Haryana. The manufacturing plant has a total production capacity of 10,000 verticals per annum.

Shivalic Power Control SME IPO Strengths

• Diversified range of electric panel products
• Manufacturing High quality products with ISO certification
• Use of Techno Modular Design Fully Bolted Panel in the manufacturing process.
• Strategic tie ups with original equipment manufacturers; L&T, Siemens, ABB, and TDK
• Backed by strong industry expertise of promoters and managers

Shivalic Power Control SME IPO Objective

The company intends to utilize the Net Proceeds for the following objects:

1. To meet the working capital requirements of the company
2. To meet the capital expenditure of the company
3. Funding for procurement of new machinery.
4. Civil construction of warehouse by shedding the roof.
5. To meet out the inorganic growth through unidentified acquisition for the Company
6. General Corporate Expenses