Meson Valves India Limited IPO (Meson Valves India IPO) Detail

MESON VALVES DETAILED ANALYSIS.
📌📌📌
BULK deals:
➡️BLUE LOTUS CAPITAL MULTI BAGGER FUND IIBought 1,83,600 shares @ Rs.213.6 &
➡️INDIA EMERGING GIANTS FUND LIMITED Bought 1,83,600 shares @ Rs.213.6 of MESON Valves India ltd✅.🔥🔥
(They are Holding Multibaggers like RMC Switchgears , inflame Appliances, Remus Pharmaceuticals, praveg )

▪️The Company Meson Valves India Limited supplies valves, actuators, Strainers and remote-control valve systems to the industries both in domestic and international markets. It supplies mainly to NAVAL🔥, Oil and Gas industries, Power, Refineries and General Industries, both in domestic and international markets.✅

▪️Meson Valves India Limited is the only manufacturer of remote operated valves ✅. They have a MONOPOLY for this business. They have tied up with Marine Electricals Ltd. For serving in this space and they have also executed order from Cochin Shipyard for same.

📌MVIL intends to expand its business operations by entering into a segment of MANUFACTURING✅ of Valves, actuators, REMOTE CONTROL systems, control cabinets, tanks, visualization systems, piping, pumps, fittings, gaskets, flanges and measurement devices.🔥🔥

▪️Making valves and components for ships is a lucrative business And will be always in demand with huge profits. Valves do fail and are required to be replaced and older ships require more and more maintenance, so it will increase their Revenue multifolds. 💫

📌MVIL aims Rs.500 CR revenue by FY2028, and this will be achieved by Acquisitions and regular orders from DEFENSE sector ✅ and Oil and Gas industry post API certification is obtained .Company also has approval from Indian Navy DGQA✅.

📍📍➡️➡️

▪️Incorporated in 2016, Meson Valves India Limited is engaged in the business of assembling, buying, selling, distributing, importing, exporting, installing, maintaining, servicing, of products like valves, actuators, remote control systems, control cabinets, visualization systems, gaskets, flanges and measurement devices.

▪️ Manufacturing unit: Pune, Maharashtra.

▪️The company has its presence in Andhra Pradesh, Assam, Goa, Gujarat, Kerela, Maharashtra, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal, and Karnataka.
➡️🔥Internationally it supplies products in countries such as Germany, South Korea, Oman, Russia, Sweden, United Arab Emirates, Srilanka, Qatar, and Thailand.✅

▪️MVIL has been accredited with various quality certifications✅ such as ISO 14001:2015, ISO 9001: 2015, and ISO 45001: 2018 certified by TUV Austria✅.

📌Meson valves was joint ventures between India Futuristic Marine Pvt Ltd. and Meson AB of Sweden. They had a tie up with Meson AB for manufacturing of high-performance defense valve technology. Later on, the Meson AB ended the partnership and sold its stake to India futuristic in 2022. Meson valves can still use ‘Meson’ brand logo for next 10 years as per the agreement. They don’t have to pay any royalty as well in India. Outside India, they may have to pay some 3-5% of the sales.

📌Meson AB has completely stopped manufacturing of these products so it’s a very positive advantage for Meson India.✅

📌📌
▪️IPO price: Rs.102
▪️IPO size: 31.09 CR
▪️CMP: Rs.213
▪️Market cap: Rs.217 CR
▪️P/E: 47 (low for company catering to DEFENSE sector)
▪️Net asset Value:Rs.38.47
▪️EPS: 4.45 (post IPO)
▪️RoNW:42.26%
▪️Reserves and Surplus: 11.57 Cr.
▪️total borrowings:11.24 Cr

📌FINANCIALS:
▪️FY23 revenue is 37.19 CR as compared to 14.31 CR(FY22), 160%✅ growth yoy.
▪️FY23 PAT is 4.52 CR as compared to 2.12 CR(FY22), 113%✅ growth yoy.
▪️141% 🔥growth in revenue in last 2 years.
▪️3727%🔥 growth in PAT in last 2 years.
(As of 31st July 2023 company has order book of Rs.90 CR 💫 and few orders are under approval stage. This order is to be executed over next 12 months. Next year company expecting revenue of approx. Rs.100 Cr with 12 to 15% PAT margins.)

📌IPO funds:
from the net proceeds, it will utilize Rs. 11.37 cr. for the purchase of plant and machinery for setting up a new MANUFACTURING unit✅, Rs. 11.95 cr. for working capital, and Rs. 7.26 cr. for general corporate purposes.

📌CLIENTS:
Meson India is catering to Marine, Defense, Power sector, Mining, Chemical and other industries. Major clients are
Hindustan Petroleum, Cinda US, L&T defense, Indian Oil, Asian Paints, etc. 💫

📌SECTOR GROWTH:
▪️The global industrial valves market size is estimated to be USD 80.4 billion in 2023 and is projected to reach USD 99.8 billion by 2028 at a CAGR of 4.4%. ➡️The rising demand for valves from healthcare and pharmaceutical industries, establishment of smart cities globally, and rapid deployment of connected networks to monitor valve conditions and predict system failures are the major factors driving the growth of the industrial valves market.✅

▪️India industrial valves market was valued at USD 2.6 billion in 2021 and is projected to reach USD 3.7 billion by 2028, growing at a CAGR of 5.2% during the forecast period. ➡️Technological upgrades and product development highly influence the Indian industrial valves market.✅

▪️Industrial valves have applications in those industries that contribute significantly to India’s GDP, so these valves are in great demand in the forecast period as well.✅

📌STRENGTH:
➢Customer base across geographies and industries.✅
➢Perfect mix and high quality Product Portfolio.✅
➢Quality assurance.✅
➢Experienced Promoter and management team.✅

📌FUTURE PLAN:
▪️Enter into manufacturing segment.🔥

▪️Company is also planning to acquire Europe based company for future expansion and to increase the presence Internationally. ✅✅

▪️Widen their product portfolio.✅

▪️Expand their domestic/international presence.✅

▪️Continue to maintain good relationships with their customers.

▪️Enhance Brand Image.

For more details, visit https://mvi.ltd
. ✅

📌Disclosure: Not a buy recommendation. only for study and education purpose. Please consult your financial advisor before investing.

Dear s.jogi,
Good analysis done by you, please🙏 your views on Shri techtex, I think jagdamba polymer management and shri techtex are same, if any please share, also good analysis done by you on shri techtex.
Thanks

​@Safe Bet 
MESON may give more returns than REMUS did.✅️✅️ (remus listed near 1800rs and today it made a high of 5000rs)
I may be wrong also🙏

bought few Meson valves lots today at UC for long term.
will post my detailed analysis tonight.

@abhishek Rajkot,
buying. DYDD company name.
Thanks

​@DHARMENDRA SHARMA DYDD is short form of Do your due dilliegence (It also means do your own research) and Here I was saying about Meson Valves buying. I hope it's clear now :)

➡️BLUE LOTUS CAPITAL MULTI BAGGER FUND II Bought 1,83,600 shares @ Rs.213.6 &
➡️INDIA EMERGING GIANTS FUND LIMITED Bought 1,83,600 shares @ Rs.213.6 of MESON Valves India ltd✅.🔥🔥
(They are Holding Multibaggers like RMC Switchgears , inflame Appliances, Remus Pharmaceuticals, praveg )

SOLD @ 210..........will wait for correction and add
Overall market not going to go up .......due to upcoming election things etc.

sold 1 allotted today at UC

Holding my 1 lot sir, please do share your analysis !

Market cap to sales
Infosys - 4
Meson Valves - 5.8

Exited mine at UC. Very much satisfied with the super profit. Actually didnot expect to double.

Tomorrow circuit may open, some profit booking can be seen tomorrow.
I may be wrong also.
Due to many ipos in line this week, many of the recent listed ipos were at lc today. Select the fundamentally strong stocks and keep holding it for few months as this unstable phase will also pass through.
Due to few some negative news from FED and US market and india-canada tensions, indian market shall be weak but the long term holders will win at last.

it will open today, as on monday heavy selling pressure might come.

will close in strong UC.

Sold 1200 shares @ Rs. 203.75. Excellent profit on my 1st. SME allotment.

​@RAJESH NAGARIA Ji, if stock is good, pls hold for sometime. No need to sell in hurry. I understand the excitement on first allotment but it will be sweeter if you hold allotment for longer duration in good comapnies.

​@IPOGainers Sir, Yeh SME hai. Yahan par operator hi bhav decide karta hai. For small retailers, its good to exit in preopen. Baki no doubt, in long run good companies will always give good returns.

Out of 3048000 share of IPO 128400 shares changes hands...in just 20 min .....which is almost ~80% of retail quota....
Looks biggies cornering MESON...

yes basilic fly , CPS shapers, Pramara , saroja , kahan , Jiwanram were badly beaten today. we have so many ipos in next 10 days so profit booking will be everywhere.
we should invest only in strong company in such situation.

​@SJogi SME is under pressure since last week. Even technically sound stocks, which were putting some resistance for past few days, are beaten today. Broader market sentiment coupled with US Federal reserve meeting outcome might be the trigger point. But uos and downs are the part and parcel of the market. This is the best time when one can pick up the good stocks at affordable price.

A very good listing as expected. After such a great listing, followed a upper circuit. Subscription figures were great even.
One one thing make me uncomfortable, the views of Mr. D D. AVOID. I respect him as other members. We can understand the reviews with some plus or minus. But such big plus of more than 99%. One can call it 100%. In such a shaking market for two days. Why was he so negative ?
It happens. Not to blame anyone.
So, always hear the voice of ❤️ in addition and act according. No one is near to perfect even.
Best of luck to all who got the allotment.
I am still waiting for my first SME allotment.
" SITTING ON THE SORE OF A RIVER AND WAITING FOR THE WAVE TO COME".

Nice words.

@ Ligij Kumar, Thanks for correcting spelling mistake. Sometimes it happens. But it is 'Bank of a River'. We learn of lot of things other than share market in this forum.
​@Savio and @G profit Thanks.

Guna Bhai in this IPO. Must hold strongly

GUNA CONPANY HOGA 4 GUNA

BUY BUY BUY....

DONT SELL BIG UC TOM ALSO

Chal jhute

​@Manup Sounding so well like a ___<<.

​@kapildevsharma When did you come to know? Whether got allotment?

Bought one lot. Looks good as per my research.

​@Noorul Apne 1 lot pre open mein liya hai ya gray market se liya because mene try Kiya lekin pre open mein buying nahi kar paya.
If any strategy for buying BSE sme shares on listing day ,if any please share with us.

On listing at 10am

Superb listing+ uc

17,24,400 shares order pending at UC, not all would be genuine but still most would be !
Holding for now....

Congratulations! Anyone got in pre-open?

BSE did not revise UC as always in pre-open.
Listed at 193.80/- (90% UP), waiting for few more UC.
Volume looks good in demand...

Looks fantastic preopen with strong UC..
Wait for few for minute....for final verdict.