Quest Flow Controls Raises Rs. 16.75 Crore Through Equity Shares and Convertible Warrants Allotment
Meson Valves has raised Rs. 16.75 crore through a strategic capital raise. The company allotted 97,561 equity shares at Rs. 410 each to India Emerging Giants Fund Limited, raising Rs. 4 crore. Additionally, 9,02,780 convertible warrants were issued at Rs. 410 each to 20 investors, raising Rs. 12.75 crore. Major warrant recipients include Bodhivriksha Advisors LLP and Fortune Hands Growth Fund Scheme I. The warrants are convertible into equity shares within 18 months. This move is expected to strengthen Meson Valves' financial position for future growth initiatives.
30Jul 25
Quest Flow Controls Expands Globally with 51% Stake Acquisition in US-Based QUEST Flow Controls, LLC
Meson Valves, formerly Quest Flow Controls Limited, has signed a term sheet to acquire a 51% controlling stake in QUEST Flow Controls, LLC, a US-based valve and actuation solutions provider. This strategic move aims to expand Meson Valves' global presence, combining its manufacturing capabilities with QUEST LLC's strong market presence in North America. The partnership is expected to enhance market access in North America, expand technological capabilities, and serve a broader spectrum of industrial clients worldwide. Meson Valves reported strong financial results with a total income of ₹67.94 crore, EBITDA of ₹13.20 crore, and PAT of ₹6.85 crore.
24Jul 25
Quest Flow Controls Secures BSE Approval for Preferential Issue of Equity Shares and Convertible Warrants
Meson Valves has obtained in-principle approval from BSE for a preferential issue of 97,561 equity shares and 985,080 convertible warrants, priced at not less than Rs. 410.00 each. The issue, approved on July 23, 2025, is aimed at promoters and non-promoters. The company must comply with regulatory requirements, including timely listing application and obtaining allottee undertakings. This capital infusion could potentially fuel growth initiatives for the Goa-based industrial valve company.
15Jul 25
Meson Valves India Secures Submarine Fuel System Order from Mazagon Dock Shipbuilders
Meson Valves India Limited has received an order worth ₹46.26 lakhs from Mazagon Dock Shipbuilders Limited for submarine fuel systems. The order involves supplying high-precision critical valves for submarine applications. This marks Meson Valves' entry into submarine components and is seen as a strategic breakthrough. The company views this as an opportunity for future larger projects in the defense sector. Meson Valves' CEO, Kishor Makvan, expressed pride in the order, highlighting it as validation of their capabilities and quality standards.
14Jul 25
Meson Valves India Secures Crucial Submarine Fuel System Order from Mazagon Dock Shipbuilders
Meson Valves India Limited has received an order worth ₹46.26 lakhs from Mazagon Dock Shipbuilders Limited for submarine fuel system components. This marks the company's entry into the submarine components market and strengthens its position in the defense sector. The order includes high-precision critical valves for submarine applications. CEO Kishor Makvan views this as a significant validation of the company's capabilities and a step towards contributing to India's indigenization efforts in high-end manufacturing.
29May 25
Meson Valves India Secures ₹10.93 Crore Defense Sector Order
Meson Valves India has won a ₹10.93 crore order to supply critical non-ferrous valves for the defense sector. This order strengthens the company's position in the defense supply chain and demonstrates its capability to produce high-precision components for strategic applications. While specific client details and timelines are undisclosed, this development is expected to positively impact Meson Valves India's order book and potential future revenue.
30Apr 25
Meson Valves India Secures ₹12.50 Crore International Order for High-Performance Valves
Meson Valves India Limited has received a significant order worth USD $1.46 million (₹12.50 crore) from a prominent international client. The order involves supplying high-performance critical valves and is expected to be executed within 8 to 12 months. This development showcases the company's global competitiveness and could potentially enhance its market position.