Shiv Texchem Limited IPO, GMP, Details, Price, And Review IPO Details
| Detail | Description |
|---|---|
| IPO Date | October 8, 2024 to October 10, 2024 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Price Band | ₹ 158 to ₹ 166 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 61,05,600 shares (aggregating up to ₹ 101.35 Cr) |
| Fresh Issue | 61,05,600 shares (aggregating up to ₹ 101.35 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 1,70,66,672 |
| Shareholding post issue | 2,31,72,272 |
| Market Maker portion | 3,05,600 shares |
About Shiv Texchem Limited IPO, GMP, Details, Price, And Review
Shiv Texchem Limited primarily import and distributes hydrocarbon-based chemicals of the product family viz. Acetyls, Alcohol, Aromatics, Nitriles, Monomers, Glycols Phenolic, Ketones, and Isocyanates, are critical raw materials and inputs and have applications across a wide spectrum of industries like paints and coatings, printing inks, agro-chemical products, speciality polymers, pharmaceuticals products and speciality industrial chemicals.
In the petrochemical industry, a wide array of base chemicals serve as the foundation for various derivative substances. These chemicals serve as secondary and tertiary chemicals for application in various industries. Their business focuses on importing and redistributing these secondary and tertiary chemicals, essential raw materials for multiple industries.
Shiv Texchem IPO Overview:
• IPO Size: ₹101.35 crores (Entirely Fresh Issue of 61.06 lakh shares)
• IPO Opening Date: October 8, 2024
• IPO Closing Date: October 10, 2024
• Price Band: ₹158 to ₹166 per share
• Minimum Lot Size: 800 shares
• Book Running Lead Manager: Vivro Financial Services Private Limited
• Registrar: Link Intime India Private Ltd
• Market Maker: Rikhav Securities
Shiv Texchem Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Objectives of Shiv Texchem IPO
-
The Company intends to utilise the gross proceeds raised through the Issue towards the following objectives:
- 1. To meet long-term working capital requirements.
- 2. General Corporate Purposes.
Shiv Texchem Limited IPO, GMP, Details, Price, And Review Financial Information
Latest Revenue
₹ 56,707.83 Cr
Profit After Tax
₹ 1,005.89 Cr
Net Worth
₹ 20,293.58 Cr
Total Borrowing
₹ 27,085.63 Cr
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 30 June 2024 | 85,483.43 | 56,707.83 | 1,005.89 | 20,293.58 | 27,085.63 |
| 31 Mar 2024 | 79,868.05 | 1,53,668.79 | 3,011.3 | 19,287.69 | 29,665.25 |
| 31 Mar 2023 | 60,234.98 | 1,11,866.98 | 1,602.72 | 12,276.39 | 32,914.39 |
| 31 Mar 2022 | 42,543.57 | 86,547.46 | 1,386.48 | 10,673.68 | 12,034.33 |
| Amount in ₹ Crore | |||||
IPO Estimated Listing Return
Based on the IPO Price of ₹166 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹6539 and a lot size of 800 shares.
Shiv Texchem Limited IPO, GMP, Details, Price, And Review IPO GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-10-15 | ₹166 | ₹65 (39.16%) | - |
Shiv Texchem Limited IPO, GMP, Details, Price, And Review Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 5.08% |
| ROCE | 7.16% |
| Debt/Equity | 1.33 |
| RoNW | 5.08% |
| P/BV | 1.4 |
| PAT Margin (%) | 1.78 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 20.68 | 17.36 |
| P/E (x) | 8.02 | - |
Frequently Asked Questions
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Competitive Strengths
A differentiated business model with comprehensive and integrated retail and supply chain solutions
Well-diversified product portfolio, customer base with extensive supplier network
Long-standing and active relationships with customers
Experienced, dedicated and qualified management team with extensive knowledge of the hydrocarbon-based chemical industry
Focus on providing storage solutions and consistent financial performance
Download regulatory filings
Shiv Texchem Limited IPO, GMP, Details, Price, And Review IPO Timeline
| IPO Open Date | Tuesday, October 8, 2024 |
| IPO Close Date | Thursday, October 10, 2024 |
| Basis of Allotment | Friday, October 11, 2024 |
| Initiation of Refunds | Monday, October 14, 2024 |
| Credit of Shares to Demat | Monday, October 14, 2024 |
| Listing Date | Tuesday, October 15, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 10, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹ 1,32,800 |
| Retail (Max) | 1 | 800 | ₹ 1,32,800 |
| HNI (Min) | 2 | 1,600 | ₹ 2,65,600 |