Shivam Chemicals Limited IPO
BSE SMEListed On: Apr 30, 2024 at ₹ 48.0
₹ 264000 /6000 Shares
*Min Investment
23 Apr, 2024
Open Date25 Apr, 2024
Close Date26 Apr, 2024
Allotment Date30 Apr, 2024
Listing DateShivam Chemicals Limited IPO Issue Details
- Issue Price ₹44 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 45,87,000 shares(aggregating up to ₹20.18 crore)
- Fresh Share 45,87,000 shares(aggregating up to ₹20.18 crore)
- Listing at BSE SME
- List Price 48.0
- Listing Date 2024-04-30
- Lead Manager Aryaman Financial Services Limited
- Registrar Cameo Corporate Services Limited
Market Lot Size
Investors can bid for a minimum of 3000 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 | 3000 | ₹1,32,000 |
| Retail(max) | 1 | 3000 | ₹1,32,000 |
| NII (min) | 2 | 6,000 | ₹2,64,000 |
Shivam Chemicals Limited IPO Reservation
Shivam Chemicals Limited IPO offers total 4,587,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,2,178,000 (47.48%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 231,000 (5.04%) | |
| Retail Shares Offered | 2,178,000 (47.48%) | |
| Total Shares Offered | 4,587,000 (100%) |
Shivam Chemicals Limited IPO Details
Shivam Chemicals Limited IPO is an SME IPO, priced at ₹44 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 45,87,000 equity shares, aggregating up to ₹20.18 crores..
The IPO bidding window is open from Apr 23, 2024 to Apr 25, 2024. The allotment is expected to be finalized on Apr 26, 2024, and the tentative listing date is Apr 30, 2024.
The minimum lot size for Retail investors is 3000 shares, with a minimum investment of ₹1,32,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,64,000.
Aryaman Financial Services Limited is acting as the lead manager to the issue. The registrar of the IPO is Cameo Corporate Services Limited, and Shreni Shares Limited will act as the market maker for this issue.
Shivam Chemicals Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,178,000 | 2,178,000 | 4,356,000 |
Day 1 23-04-24 06:00 PM | 0.72 x | 1.29 x | 1.00 x |
Day 2 24-04-24 06:00 PM | 0.95 x | 3.02 x | 1.99 x |
Day 3 25-04-24 06:00 PM | 4.43 x | 8.88 x | 6.66 x |
Shivam Chemicals Limited Valuations
Shivam Chemicals Limited Company Financials
| 31-Dec-23 | 31-Mar-23 | |
|---|---|---|
| Assets | 3,881.92 | 3,117.11 |
| Revenue | 10,710.70 | 15,658.34 |
| Profit After Tax | 70.79 | 357.44 |
| Net Worth | 1,399.64 | 1,328.35 |
| Reserves & Surplus | 159.64 | 1,288.85 |
| Total Borrowing | 1,638.20 | 1,351.37 |
About Shivam Chemicals Limited 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.
Shivam Chemicals Limited - Promoter(s)
Sanjiv Girdharlal Vasant
Soham Sanjiv Vasant
Shivam Sanjiv Vasant
Pre Issue Share Holding : 99.99%
Post Issue Share Holding : 73.00%
Shivam Chemicals Limited IPO - Issue Objectives
Funding Working capital requirements in our Company
Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt Ltd. for financing the augmentation of its working capital capabilities
General Corporate Purpose
Shivam Chemicals Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Shivam Chemicals Limited | 2.88 | 2.88 | 10.72 | 15.26 | 26.9 | 4.1 | Consolidated |
| Narmada Agrobase Limited | 0.48 | 0.48 | 11.72 | 48.96 | 4.11 | 2.01 | Standalone |
| Godrej Agrovet Ltd | 15.71 | 15.71 | 142.78 | 34.33 | 10.77 | 3.78 | Standalone |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on April 5, 2024, divided by the Basic EPS.
- Return on Net Worth (%) = Net profit after tax divided by net worth.
- NAV per share is computed as the closing net worth divided by the weighted average number of outstanding equity shares.
Contact Details
Shivam Chemicals Limited
Office No. 108, 1st Floor, Hubtown Solaris, Off N.S.Phadke Marg, Saiwadi, Andheri (E) Mumbai-400069
+91 98199 68855
Registrar Contact Details
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Shivam Chemicals Limited IPO is 4,587,000 shares(aggregating up to ₹20.18 Cr).
Ans. The Shivam Chemicals Limited IPO price band is set between ₹44 per equity share.
Ans. To apply for Shivam Chemicals Limited 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 Shivam Chemicals Limited IPO allotment status online.
