Shiv Texchem IPO

Shiv Texchem is a BSE SME IPO listed on the BSE SME platform, priced at ₹158–₹166 per share. The stock debuted at ₹239, delivering a listing gain of 44.0%. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,32,800.

Shiv Texchem Limited IPO

BSE SME Listed
₹1,32,800 (800 Shares)
Minimum Investment
Check Allotment
IPO Dates
Oct 8, 2024 – Oct 10, 2024
Price band
₹158-166 per equity share
Minimum Investment
₹1,32,800
Issue size
₹101.35 Cr
Lot size
800
Allotment Date
Oct 11, 2024
Listing
Oct 15, 2024
Listing At
BSE SME

IPO timeline

  1. Oct 8, 2024

    Open Date

    Completed

  2. Oct 10, 2024

    Close Date

    Completed

  3. Oct 11, 2024

    Allotment Date

    Completed

  4. Oct 15, 2024

    Listing Date

    Completed

Shiv Texchem IPO Essentials

Shiv Texchem IPO Details

Shiv Texchem IPO is priced at ₹158-166 per share with a total issue size of 101.35 crore. The IPO has a lot size of 800 shares and is listed on BSE SME.

Issue price
₹158-166 per equity share
Lot size
800 shares
Face value
₹10 Per Equity Share
Issue size
6,105,600 shares(aggregating up to ₹101.35 Cr)
Total issue size
61,05,600 shares
(aggregating up to ₹101.35 crore)
Fresh issue
61,05,600 shares
(aggregating up to ₹101.35 crore)
Listing at
BSE SME
List price
239.0
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Vivro Financial Services Private Limited

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 Documents

Shiv Texchem IPO Reservation

Shiv Texchem IPO reservation details show category-wise allocation of shares. Out of the total 61,05,600 shares, approximately 19% are reserved for QIB, 14.26% for NII, 33.25% for retail investors, 5.01% for market maker, and 28.49% for 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 Analytics

Shiv Texchem IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Shiv Texchem IPO Subscription Status

Shiv Texchem IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS Pre IPO
₹165.42/-
EPS Post IPO
₹17.36/-
P/E Pre IPO
8.02
P/E Post IPO
9.56

Returns

ROE
19.08%
ROCE
26.99%
RoNW
19.08%
PAT Margin
1.96

Fundamentals

Debt / Equity
1.54
Price / Book
1.40

Data sourced from DRHP / RHP • For educational purposes only

Shiv Texchem Financials( In Lakhs)

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

Shiv Texchem Company & Offer Insights

About Shiv Texchem

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 are the company's promoters of Shiv Texchem.

Shiv Texchem IPO Issue Objectives

To meet long-term working capital requirements
General Corporate Purposes.

Contact Information

Contact Details

Shiv Texchem

+91 96195 11788

cs@shivtexchem.com

http://www.shivtexchem.com/

Kamla Space, Unit no. 216, 2nd Floor Khira Nagar TPS III, S.V. Road, Santacruz (West) Mumbai - 400054

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

Shiv Texchem IPO is a book-built IPO worth ₹101.35 crore. The price band is ₹158–₹166 per share. The IPO opens on Oct 8, 2024 and closes on Oct 10, 2024. It will be listed on BSE SME Platform. Link Intime India Private Ltd is the registrar.

The price band of Shiv Texchem IPO is ₹158 to ₹166 per share.

The lot size of Shiv Texchem IPO is 800 shares.

The minimum investment for Shiv Texchem IPO is approximately ₹1,32,800 based on the upper price band .

Shiv Texchem IPO opens on Oct 8, 2024 and closes on Oct 10, 2024.

The allotment date of Shiv Texchem IPO is Oct 11, 2024.

Shiv Texchem IPO is expected to be listed on Oct 15, 2024, on BSE SME Platform.

Shiv Texchem IPO valuation snapshot: P/E 9.56, EPS ₹17.36/-, P/B 1.40, RoNW 19.08%, and market cap N/A.

To apply for Shiv Texchem IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Shiv Texchem IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Shiv Texchem IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Shiv Texchem IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shiv Texchem IPO allotment status on IPO Ji for quick and easy access.