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Shivam Chemicals IPO Overview
You are at right place to check all the details regarding Shivam Chemicals IPO. The dates for Shivam Chemicals IPO is announced. The IPO will open on April 23, 2024 and will close on April 25, 2024 .
The Shivam Chemicals IPO price band is fixed at ₹44 Per Share. The company aims to to raise around ₹20.18 Crores via this IPO. You can find complete information about Shivam Chemicals IPO in this post.
The Shivam Chemicals IPO lot size for the application is 3000 shares and hence minimum amount that you would need for this IPO (by retail investors) is ₹1,32,000.
About Shivam Chemicals IPO:
Shivam Chemicals is a manufacturer of Hydrated Lime (Calcium Hydroxide) & a distributor of various products such as Poultry feed supplements (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, etc. With rich experience and knowledge they have built a well-established marketing network across India and they distribute animal feed products for various well renowned manufacture over the years, they have successfully supplied an impressive quantity of over 2.50 Lakh metric tons of various products, reflecting their commitment to meeting the demands of the market.
The cumulative value of these supplied products has exceeded INR 7,500 million, underscoring our financial significance in the sector. With an average monthly sales volume of 2,650 metric tons, they maintain a consistent presence and contribute to the steady flow of products in the market. Their journey began with a primary focus on animal feed supplement trading till FY 2022-23 and our evolution into manufacturing happened through the establishment of a 100% owned subsidiary.
Their wholly owned subsidiary company Shivam Chemicals and Minerals Private Limited is located at Dahej Gujarat with a manufacturing capacity of 60,000 MT. They are engaged in the manufacturing of Hydrated lime (Calcium hydroxide) product.
Objects of the Issue
- 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 IPO Review (Apply or Not?)
You may consider avoiding Shivam Chemicals IPO
Shivam Chemicals IPO Brokrage House Reviews:
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
Shivam Chemicals IPO Date & Price Band Details
| IPO Open: | April 23, 2024 |
| IPO Close: | April 25, 2024 |
| IPO Size: | ₹20.18 Crores |
| Fresh Issue: | 4,587,000 Equity Shares |
| Face Value: | Rs10 Per Equity Share |
| IPO Price Band: | ₹44 Per Share |
| IPO Lot Size | 3000 Shares |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 47.48% |
| QIB Quota: | 5.04% |
| NII Quota: | 47.48% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Shivam Chemicals IPO Market Lot
The Shivam Chemicals IPO minimum market lot is 3000 shares which is equal to ₹132,000 application amount. The retail investors can apply up-to 1 lot with 3000 shares which is equal to ₹132,000
| Category | Lot Size | Shares | Required Amount |
| Retail Minimum | 1 | 3000 | ₹1,32,000 |
| Retail Maximum | 1 | 3000 | ₹1,32,000 |
| S-HNI Minimum | 2 | 6000 | ₹2,64,000 |
Shivam Chemicals IPO Allotment & Listing Dates
The Shivam Chemicals IPO open date is April 23, 2024 and the close date is April 25, 2024 . The Shivam Chemicals IPO allotment will be finalized on April 26, 2024 and the IPO listing on April 30, 2024.
You can check out the live subscription data by visiting this page and similarly visit IPO allotment status page for allotment updates.
| IPO Open Date: | April 23, 2024 |
| IPO Close Date: | April 25, 2024 |
| Basis of Allotment: | April 26, 2024 |
| Refunds: | April 29, 2024 |
| Credit to Demat Account: | April 29, 2024 |
| IPO Listing Date: | April 30, 2024 |
Shivam Chemicals Company Financial Report
| Year | Revenue (Cr) | Expense (Cr) | PAT (Cr) |
| 2021 | ₹95.58 | ₹94.30 | ₹0.87 |
| 2022 | ₹177.99 | ₹172.00 | ₹4.44 |
| 2023 | ₹156.58 | ₹151.70 | ₹3.57 |
Shivam Chemicals IPO Valuation
Below is the financial details of Shivam Chemicals for the year FY2023.
| Earning Per Share (EPS): | ₹2.88 per Equity Share |
| P/E Ratio: | 15.28 |
| Return on Net Worth (RoNW): | 26.90% |
| Debt/Equity: | ₹10.72 per Equity Share |
Company Promoters:
- Sanjiv Girdharlal Vasant
- Soham Sanjiv Vasant
- Shivam Sanjiv Vasant
Competitor Companies:
- Narmada Agrobase Limited
- Godrej Agrovet
Shivam Chemicals IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/
Shivam Chemicals IPO Lead Managers
- Aryaman Financial Services Limited
Shivam Chemicals IPO Allotment Status Check
Allotment status of Shivam Chemicals IPO can be checked on Cameo Corporate website : Click here
Company Address of Shivam Chemicals :
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/
Shivam Chemicals IPO FAQs:
Q1) What is Shivam Chemicals IPO?
Answer: Shivam Chemicals IPO is Initial Public Offer from Shivam Chemicals company. The company is planning to raise ₹20.18 Crores via this IPO. The share price is priced at band of ₹94 per equity share. The IPO will be listed on BSE & NSE.
Q2) When Shivam Chemicals IPO will open and close?
Answer: The IPO is to open on April 23, 2024 for QIB, NII, and Retail Investors and closes on 25 April, 2024
Q3) What is Shivam Chemicals IPO Investors Portion?
Answer: The investors’ portion for QIB is 5.04%, NII is 47.48%, and Retail is 47.48%.
Q4) What is the Shivam Chemicals IPO Allotment Date?
Answer: Shivam Chemicals IPO allotment date is April 26, 2024.
Q5) What is the Shivam Chemicals IPO Listing Date?
Answer: Shivam Chemicals IPO listing date is April 30, 2024. The IPO is to list on BSE and NSE.
Q6) How to Apply the Shivam Chemicals IPO through Zerodha?
Answer: You can apply to this IPO through Zerodha by logging in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Shivam Chemicals ”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App like PhonePe or GooglePay etc to Approve the mandate. If you still dont have Demat account with Zerodha you can open it using this link, Open Demat Account with Zerodha.