Shiv Texchem Limited IPO
BSE SMEListed On: Oct 15, 2024 at ₹ 239.0
₹ 265600 /1600 Shares
*Min Investment
08 Oct, 2024
Open Date10 Oct, 2024
Close Date11 Oct, 2024
Allotment Date15 Oct, 2024
Listing DateExpected Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.
Shiv Texchem IPO Issue Details
- Issue Price ₹158-166 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 61,05,600 shares(aggregating up to ₹101.35 crore)
- Fresh Share 61,05,600 shares(aggregating up to ₹101.35 crore)
- Listing at BSE SME
- List Price 239.0
- Listing Date 2024-10-15
- Lead Manager Vivro Financial Services Private Limited
- Registrar Link Intime India Private Ltd
Market Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 800 | ₹1,32,800 |
| Retail(max) | 1 | 800 | ₹1,32,800 |
| NII (min) | 2 | 1,600 | ₹2,65,600 |
Shiv Texchem IPO Reservation
Shiv Texchem IPO offers total 61,05,600 shares. Out of which 11,60,000 (19%) allocated to QIB, 8,70,400 (14.26%) allocated to NII,20,30,400 (33.25%) allocated to RII, NA (NA%) allocated to employees and 17,39,200 (28.49%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 17,39,200 (28.49%) | |
| Market Maker Shares Offered | 3,05,600 (5.01%) | |
| QIB Shares Offered | 11,60,000 (19%) | |
| NII (HNI) Shares Offered | 8,70,400 (14.26%) | |
| Retail Shares Offered | 20,30,400 (33.25%) | |
| Total Shares Offered | 61,05,600 (100%) |
Shiv Texchem IPO Details
Shiv Texchem Limited IPO is an SME IPO, priced at ₹158-166 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 61,05,600 equity shares, aggregating up to ₹101.35 crores..
The IPO bidding window is open from Oct 8, 2024 to Oct 10, 2024. The allotment is expected to be finalized on Oct 11, 2024, and the tentative listing date is Oct 15, 2024.
The minimum lot size for Retail investors is 800 shares, with a minimum investment of ₹1,32,800. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,65,600.
Vivro Financial Services Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Rikhav Securities Limited will act as the market maker for this issue.
Shiv Texchem IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,160,000 / 870,400 | 2,030,400 | 4,060,800 |
Day 1 08-10-24 06:00 PM | 3.11 / 2.28 x | 4.83 x | 3.79 x |
Day 2 09-10-24 06:00 PM | 3.22 / 15.81 x | 14.54 x | 11.58 x |
Day 3 10-10-24 06:00 PM | 86.70 / 455.58 x | 68.27 x | 156.55 x |
Shiv Texchem Valuations
Shiv Texchem Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 79,868.05 | 60,234.98 | 42,543.57 |
| Revenue | 1,53,668.79 | 1,11,866.98 | 86,547.46 |
| Profit After Tax | 3,011.3 | 1,602.72 | 1,386.48 |
| Net Worth | 19,287.69 | 12,276.39 | 10,673.68 |
| Reserves & Surplus | 19,074.36 | 12,116.39 | 10,513.68 |
| Total Borrowing | 29,665.25 | 32,914.39 | 12,034.33 |
About Shiv Texchem Company
Shiv Texchem Limited imports and distributes hydrocarbon-based secondary and tertiary chemicals, which are important raw materials for numerous industries.
The company imports and distributes hydrocarbon-based chemicals of the Acetyls, Alcohol, Aromatics, Nitriles, Monomers, Glycols Phenolic, Ketones, and Isocyanates product family, which are important raw materials and feedstocks for a wide range of industries such as paints and coatings, printing inks, agrochemicals, specialty polymers, pharmaceuticals, and industrial specialty chemicals. These secondary and tertiary chemicals are indispensable basic raw materials for various industries such as paints, coatings, printing inks, agrochemicals, pharmaceuticals, specialty polymers, and industrial chemicals. The company procures these chemicals from international manufacturers and suppliers, distributes them to the domestic industry, and ensures sufficient and timely supplies to manufacturers.Some of the company's customers include Apcotex Industries Limited, Hemani Industries Limited and Gujarat Fluorochemicals Limited. The company sources these chemicals from several countries including China, Taiwan, South Korea, Kuwait, Qatar, the USA, the Netherlands, Belgium, and Italy.
Over the last three financial years, the company has expanded its product portfolio from 21 products in the financial year 2022 to 39 products in the financial year 2024. The company's customer base has also grown from over 400 customers in the 2022 financial year to over 650 customers in the 2024 financial year.As of March 31, 2024, Shiv Texchem had 50 permanent employees.
Shiv Texchem - Promoter(s)
Vikas Pavankumar
Hemanshu S. Chokhani
Pavankumar Sanwaria Realty Private Limited
Hemanshu Syntex Private Limited
Pre Issue Share Holding : 100%
Post Issue Share Holding : %
Shiv Texchem IPO - Issue Objectives
To meet long-term working capital requirements
General Corporate Purposes.
Contact Details
Shiv Texchem
Kamla Space, Unit no. 216, 2nd Floor Khira Nagar TPS III, S.V. Road, Santacruz (West) Mumbai - 400054
+91 96195 11788
Registrar Contact Details
Shiv Texchem IPO - FAQs
Ans. Shiv Texchem Limited IPO is a SME IPO. The issue is priced at ₹158-166 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Oct 8, 2024, and closes on Oct 10, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Shiv Texchem Limited IPO opens on Oct 8, 2024 and closes on Oct 10, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shiv Texchem Limited IPO is 6,105,600 shares(aggregating up to ₹101.35 Cr).
Ans. The Shiv Texchem Limited IPO price band is set between ₹158-166 per equity share.
Ans. To apply for Shiv Texchem Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shiv Texchem Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shiv Texchem Limited IPO is Oct 11, 2024.
Ans. The Shiv Texchem Limited IPO will be listed on Oct 15, 2024.
Ans. Follow the steps to check the Shiv Texchem Limited IPO allotment status online.
