IPO

Shivam Chemicals Limited IPO

BSE SME

Listed On: Apr 30, 2024 at ₹ 48.0

₹ 132000 /3000 Shares

Check Allotment
Shivam Chemicals Limited IPO Details

23 Apr, 2024

Open Date

25 Apr, 2024

Close Date

26 Apr, 2024

Allotment Date

30 Apr, 2024

Listing Date

Issue Price

₹44 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Cameo Corporate Services Limited

List Price

48.0

Listing Date

2024-04-30

Market Lot

3000 Shares (₹132,000/-)

Lead Manager

Aryaman Financial Services Limited

Issue Size

4,587,000 shares(aggregating up to ₹20.18 Cr)

Retail Portion

50%

Subscription

6.66 times

IPO Docs

DRHP RHP


The IPO of Shivam Chemicals Limited is priced at ₹44 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Cameo Corporate Services Limited is the registrar of the issue.

Shivam Chemicals Limited IPO bid opening date is from Apr 23, 2024 and the bid closing date was Apr 25, 2024.
Shivam Chemicals Limited IPO allotment result will be available on Apr 26, 2024. The tentative listing date for Shivam Chemicals Limited is Apr 30, 2024.

The total issue size is 4,587,000 shares(aggregating up to ₹20.18 Cr).

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Shivam Chemicals Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved2,178,0002,178,0004,356,000
Day 1 - 23-04-24 06:00 PM0.72 x1.29 x1.00 x
Day 2 - 24-04-24 06:00 PM0.95 x3.02 x1.99 x
Day 3 - 25-04-24 06:00 PM4.43 x8.88 x6.66 x
Total No. of Applications: 7,689 (Approx)

Shivam Chemicals Limited Valuations

EPS Pre IPO

₹2.88/-

EPS Post IPO

₹0.56/-

P/E Pre IPO

15.26

P/E Post IPO

79.19

ROE

5.13%

ROCE

6.19%

Debt/Equity

1.17

RoNW

5.06%

Price to Book Value

3.90

Shivam Chemicals Limited Company Financials All values are in ₹ Lakh

31-Dec-2331-Mar-23
Assets3,881.923,117.11
Revenue10,710.7015,658.34
Profit After Tax70.79357.44
Net Worth1,399.641,328.35
Reserves & Surplus159.641,288.85
Total Borrowing1,638.201,351.37

About The Company

Shivam Chemicals Limited is an incorporated entity of October 2010 and manufactures Hydrated Lime (Calcium Hydroxide). The company provides a number of products like Poultry feed supplements (MBM), Di-calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, etc. So far, the company has sold more than 250,000 metric tons of various products.

The list of the company's products include:
Poultry Feed Supplements
Di-calcium Phosphate
Magnesium Oxide
Limestone Powder
Hydrated Lime (Calcium Hydroxide)

Shivam Chemicals and Minerals Private Limited is a wholly owned subsidiary at Dahej, Gujarat, where the manufacturing capacity is 60,000 MT. The entity mainly specializes in hydrated lime, and calcium hydroxide.

As of December 31, 2023, the company has 25 employees. This includes 12 contract workers in the subsidiary Shivam Chemicals and Minerals Private Limited.

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Shivam Chemicals Limited - Promoter(s)

Pre Issue Share Holding: 99.99%

Post Issue Share Holding: 73.00%

Company Promoter(s)
  1. Sanjiv Girdharlal Vasant
  2. Soham Sanjiv Vasant
  3. Shivam Sanjiv Vasant

Shivam Chemicals Limited IPO - Issue Objectives

  1. Funding Working capital requirements in our Company
  2. Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt Ltd. for financing the augmentation of its working capital capabilities
  3. General Corporate Purpose

Other Details

Company Contact Details

Shivam Chemicals Limited

Office No. 108, 1st Floor, Hubtown Solaris, Off N.S.Phadke Marg, Saiwadi, Andheri (E) Mumbai-400069

Phone: +91 98199 68855

Email: info@shivamchem.com

Website: https://www.shivamchem.com/

Registrar Contact Details

Cameo Corporate Services Limited

Phone: +91-44-28460390

Email: priya@cameoindia.com

Website: https://ipo.cameoindia.com/

Shivam Chemicals Limited IPO - FAQs

Ans. Shivam Chemicals Limited IPO is a SME IPO. The issue is priced at ₹44 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Apr 23, 2024, and closes on Apr 25, 2024. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Shivam Chemicals Limited IPO opens on Apr 23, 2024 and closes on Apr 25, 2024.

Ans. The size of Shivam Chemicals Limited IPO is 4,587,000 shares(aggregating up to ₹20.18 Cr).

Ans. The IPO price band is set between ₹44 per equity share.

Ans. To apply for Shivam Chemicals Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Shivam Chemicals 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 Shivam Chemicals Limited IPO is Apr 26, 2024.

Ans. The Shivam Chemicals Limited IPO will be listed on Apr 30, 2024.

Ans. Follow the steps to check the allotment status for Shivam Chemicals Limited IPO here.