IPO Analysis > Everything You Need To Know About Shivalik Engineering IPO
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Shivalik Engineering Industries Ltd 

Everything You Need To Know About Shivalik Engineering IPO

India’s commercial vehicle production is set to rise by 2–4% CAGR from FY24 to FY29, while tractor manufacturing is expected to grow even faster at 6–8% annually. In this industry, Shivalik Engineering Limited has been working and is all set to step into the public market.

Axis Capital and IIFL Securities are the fund managers, while Bigshare Services is the registrar. Explore the allotment status

Don’t miss the Shivalik Engineering DRHP

Note: For the Shivalik Engineering IPO, 50% of the IPO shares will become tradable 30 days after allotment, and the remaining portion will be released from lock-in after 90 days.

Shivalik Engineering Limited: Company Profile

The complete profile of Shivalik Engineering is given below:


Particulars

Details 

Incorporated Year

2007

Registered Office

Chhattisgarh

Products 

Casting components 

Promoters

Raghvendra Singhania and Giriraj Singhania and

Competitors 

CIE Automotive, Endurance Technologies, and Bharat Forge 


Shivalik Engineering IPO Details 

Below, we've given the information related to the IPO share price, size, and dates. 

  • Shivalik Engineering IPO Date

For the Shivalik Engineering Limited IPO, the DRHP was filed with SEBI on July 1, 2024. Shivalik Engineering IPO listing date was given the approval on  Sept 13, 2024. 

  • Shivalik Engineering IPO Size


Particulars

Shares

Aggregate Value

Fresh Issue 

Undisclosed 

₹ 3,350 million

Offer for Sale

4,130,000

Undisclosed

Overall Issue 

Undisclosed

Undisclosed


  • Objectives of the Shivalik Engineering Limited Offer


Purpose

Estimated Amount (₹ in million)

Setting up a new solar plant

1,792.40

Expanding existing foundry capacity with a new line

500.00

General corporate needs

Undisclosed 

Total Net Proceeds

Undisclosed


  • Other takeaways and the Shivalik Engineering IPO price 


Particulars

Description

Face value of each share

₹5

Price Range

Undisclosed 

Lot Size

Undisclosed

Listed At 

BSE NSE


  • Categorisation of Different Investors  


Application Category

Maximum Bidding Limit

Cut-off Price Option

Retail Individual Investor (RII)

Up to ₹2 lakhs

Yes

Small Non-Institutional Investor (sNII)

Above ₹2 lakhs and up to ₹10 lakhs

No

Big Non-Institutional Investor (bNII)

Above ₹10 lakhs (up to NII reserved portion)

No

Employee

As specified for the employee quota

Yes

Employee + RII/NII

Employee limit as applicable; RII up to ₹2 lakhs; sNII between ₹2–10 lakhs; bNII above ₹10 lakhs

Yes (for Employee and RII/NII)


  • Anchor Investor


Particulars

Description

Offer period 

Undisclosed 

Terms of Payment 

Full due payable on bid submission 


Shivalik Engineering IPO details: Key Financials 


Particulars

December 31, 2023

March 31, 2023

2022

2021

Equity Share Capital

44.43

52.29

80.42

75.12

Other Equity

2,092.73

1,541.90

565.86

449.65

Total Equity

2,137.16

1,594.19

646.28

524.77

Revenue from Operations

5,211.83

5,507.08

3,130.05

1,886.48

Profit before tax for the Year/period

776.52

390.09

36.28

19.43

Profit after tax for the Year/period

556.35

260.53

40.76

10.27

Earnings per Equity Share (basic, in ₹)

49.90

29.43

5.31

1.37

Earnings per Equity Share (diluted, in ₹)

49.90

29.43

5.31

1.37

NAV

191.68

180.06

84.12

69.86

Return on Equity (Return on Net Worth) (in %)

29.82

23.26

6.96

1.98

Total borrowings

1,095.89

1,252.18

695.45

779.35


Strengths and Risks

The risks and strengths of Shivalik Engineering Private Limited are as follows: 

Strengths

  • Works in many industries: Shivalik Engineering makes parts for trucks, tractors, railways, and even water systems.

  • Big and trusted clients: The company works with well-known names like Mahindra, Ashok Leyland, and Daimler India, along with global brands such as Accuride.

  • Strong manufacturing base: It has three plants and a new machining unit coming up in Chhattisgarh.

  • Wide warehouse network: With warehouses across several states, it can deliver products quickly.

 Risks

  • Depends on vehicle demand: A big part of its income comes from the auto sector, so a slowdown there can affect business.

  • Needs a lot of investment: Building factories and equipment costs a lot, which can put pressure on cash.

  • Few major customers: If any key customer reduces orders or switches suppliers, it could hurt revenue.

  • Changing raw material prices: Fluctuations in metal costs can make production more expensive and affect profits.

Should You Bid For The Shivalik Engineering Limited IPO?


The Shivalik Engineering IPO GMP details aren’t out yet. You can still follow live GMP updates, see how subscriptions are going, and read the offer documents for clarity.

Also, know the live subscription information. Apply Today.

FAQs

1. How is the Shivalik Engineering IPO review?

Shivalik Engineering Limited is seen as one of the precision engineering companies. With this IPO, it will expand Shivalik Engineering turnover. For the latest sentiment, you can look for the Shivalik Engineering Limited GMP updates

2. What is the Shivalik Engineering IPO listing date?

The IPO open and close dates are not updated as per 15 October 2025. Live subscription details can be monitored through FinnPick, showing live subscription data in real time.

3. What is the Shivalik Engineering share price? 

The Shivalik Engineering Limited IPO price is unavailable as of 15 October 2025. Also, don't forget to check the IPO size. 

4. Should I use a demat account to bid for the Shivalik Engineering Limited IPO?

Yes, a demat account is required to bid for the Shivalik Engineering Limited IPO. Click here to get the ultimate list of the top demat account providers.
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