Shivalic Power Control, an LT & HT electric panel manufacturer, listed at a 211% premium on NSE SME platform.

Shivalic Power Control, an LT & HT electric panel manufacturer, debuted on NSE SME platform at a 211% premium over its IPO price, listing shares at Rs 311. The IPO, consisting of 64.32 lakh shares, received 250 times subscription. With a focus on quality and product development, the company serves over 500 clients in various industries. The electric control panel market is expected to grow at 7.3% CAGR to reach $7.79 billion by 2028.

July 01, 2024
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