Shivam Chemicals Limited IPO

Shivam Chemicals Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹44 per share. The stock debuted at ₹48, delivering a listing gain of 9.1%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,32,000.

Shivam Chemicals Limited IPO

BSE SME Listed
₹1,32,000 (3000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Apr 23, 2024 – Apr 25, 2024
Price band
₹44 per equity share
Minimum Investment
₹1,32,000
Issue size
₹20.18 Cr
Lot size
3000
Allotment Date
Apr 26, 2024
Listing
Apr 30, 2024
Listing At
BSE SME

IPO timeline

  1. Apr 23, 2024

    Open Date

    Completed

  2. Apr 25, 2024

    Close Date

    Completed

  3. Apr 26, 2024

    Allotment Date

    Completed

  4. Apr 30, 2024

    Listing Date

    Completed

Shivam Chemicals Limited IPO Essentials

Shivam Chemicals Limited IPO Details

Shivam Chemicals Limited IPO is priced at ₹44 per share with a total issue size of 20.18 crore. The IPO has a lot size of 3000 shares and is listed on BSE SME.

Issue price
₹44 per equity share
Lot size
3000 shares
Face value
₹10 Per Equity Share
Issue size
4,587,000 shares(aggregating up to ₹20.18 Cr)
Total issue size
45,87,000 shares
(aggregating up to ₹20.18 crore)
Fresh issue
45,87,000 shares
(aggregating up to ₹20.18 crore)
Listing at
BSE SME
List price
48.0
Listing date
Registrar
Cameo Corporate Services Limited
Lead manager
Aryaman Financial 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 Documents

Shivam Chemicals Limited IPO Reservation

Shivam Chemicals Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,587,000 shares, approximately 47.48% for retail investors, and 5.04% for market maker.

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 Analytics

Shivam Chemicals Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Shivam Chemicals Limited IPO Subscription Status

Shivam Chemicals Limited 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 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

Earnings

EPS Pre IPO
₹2.88/-
EPS Post IPO
₹0.56/-
P/E Pre IPO
15.26
P/E Post IPO
79.19

Returns

ROE
5.13%
ROCE
6.19%
RoNW
5.06%

Fundamentals

Debt / Equity
1.17
Price / Book
3.90

Data sourced from DRHP / RHP • For educational purposes only

Shivam Chemicals Limited Financials( In Lakhs)

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

Shivam Chemicals Limited Company & Offer Insights

About Shivam Chemicals Limited

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 are the company's promoters of Shivam Chemicals Limited.

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:

  1. 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.
  2. Return on Net Worth (%) = Net profit after tax divided by net worth.
  3. NAV per share is computed as the closing net worth divided by the weighted average number of outstanding equity shares.

Contact Information

Contact Details

Shivam Chemicals Limited

+91 98199 68855

info@shivamchem.com

https://www.shivamchem.com/

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

Registrar Contact Details

Cameo Corporate Services Limited

+91-44-28460390

priya@cameoindia.com

https://ipo.cameoindia.com/

Frequently Asked Questions

Click any question to reveal the answer

Shivam Chemicals Limited IPO is a Fixed Priced IPO worth ₹20.18 crore. The issue price is ₹44 per share (fixed price). The IPO opens on Apr 23, 2024 and closes on Apr 25, 2024. It will be listed on BSE SME Platform. Cameo Corporate Services Limited is the registrar.

The issue price of Shivam Chemicals Limited IPO is ₹44 per share (fixed price).

The lot size of Shivam Chemicals Limited IPO is 3000 shares.

The minimum investment for Shivam Chemicals Limited IPO is approximately ₹1,32,000 based on the issue price .

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

The allotment date of Shivam Chemicals Limited IPO is Apr 26, 2024.

Shivam Chemicals Limited IPO is expected to be listed on Apr 30, 2024, on BSE SME Platform.

Shivam Chemicals Limited IPO valuation snapshot: P/E 79.19, EPS ₹0.56/-, P/B 3.90, RoNW 5.06%, and market cap N/A.

To apply for Shivam Chemicals Limited 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 Shivam Chemicals Limited 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 Shivam Chemicals Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

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