Shivam Chemicals Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | April 23, 2024 to April 25, 2024 |
| Face Value | ₹ 10 per share |
| Price Band | ₹ 44 per share |
| Lot Size | 3,000 Shares |
| Total Issue Size | 45,87,000 shares (aggregating up to ₹ 20.18 Cr) |
| Fresh Issue | 45,87,000 shares (aggregating up to ₹ 20.18 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,24,00,000 |
| Share holding post issue | 1,69,87,000 |
About Shivam Chemicals Limited IPO
Shivam Chemicals Ltd. (SCL) is a manufacturer of Hydrated Lime (Calcium Hydroxide) & a distributor of various products such as Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, etc. Shivam Chemicals IPO is a fixed price issue of Rs 20.18 crores. The issue is entirely a fresh issue of 45.87 lakh shares.Shivam Chemicals IPO price is ₹44 per share. The minimum lot size for an application is 3000 Shares. Aryaman Financial Services Limited is the book running lead manager of the Shivam Chemicals IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for Shivam Chemicals IPO is Shreni Shares.
Objectives of the Issue
The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- 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
Shivam Chemicals Limited IPO Financial Information
Latest Revenue
10,710.70
₹ Crore
Profit After Tax
70.79
₹ Crore
Net Worth
1,399.64
₹ Crore
Total Borrowing
1,638.20
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2023 | 3,881.92 | 10,710.70 | 70.79 | 1,399.64 | 1,638.20 | ||||
| 31 Mar 2023 | 3,117.11 | 15,658.34 | 357.44 | 1,328.35 | 1,351.37 | ||||
| Amount in ₹ Crore | |||||||||
Shivam Chemicals Limited Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 5.13% |
| ROCE | 6.19% |
| Debt/Equity | 1.17 |
| RoNW | 5.06% |
| P/BV | 3.9 |
Frequently Asked Questions
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Competitive Strengths
Shivam Chemicals Limited IPO Timeline
| IPO Open Date | Tuesday, April 23, 2024 |
| IPO Close Date | Thursday, April 25, 2024 |
| Basis of Allotment | Friday, April 26, 2024 |
| Initiation of Refunds | Monday, April 29, 2024 |
| Credit of Shares to Demat | Monday, April 29, 2024 |
| Listing Date | Tuesday, April 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 25, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹132,000 |
| Retail (Max) | 1 | 3000 | ₹132,000 |
| HNI (Min) | 2 | 6,000 | ₹264,000 |