The Shivam Chemicals date has been confirmed from April 23, 2024 and closes on April 25, 2024.
Shivam Chemicals IPO is a fixed price issue of Rs 20.18 crores. The price is ₹44 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹264,000.
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Key Details Of Shivam Chemicals IPOKey Details Of
Bidding Dates
April 23-25
Price Range
₹44 per share
Face Value
₹10 per share
GMP
₹2
Shivam Chemicals IPO GMP
The Shivam Chemicals IPO GMP Today is ₹2.
Shivam Chemicals IPO Overview
Shivam Chemicals IPO is a new issue of 45.87 lakh shares at a fixed price of Rs 20.18 crores. The subscription period for Shivam Chemicals IPO starts on April 23, 2024 and ends on April 25, 2024. The Shivam Chemicals IPO GMP Today is ₹2. The allotment results are anticipated to be announced on Friday, April 26, 2024. Shivam Chemicals IPO will be listed on BSE SME on Tuesday, April 30, 2024.
Shivam Chemicals is offering its IPO at a price of ₹44 per share. Retail investors can apply for a minimum lot size of 3000 shares, requiring an investment of ₹132,000. On the other hand, HNI investors must invest in 2 lots (6,000 shares) with a total amount of ₹264,000.
Shivam Chemicals IPO Details
| IPO Date | April 23, 2024 to April 25, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹44 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 4,587,000 shares (aggregating up to ₹20.18 Cr) |
| Fresh Issue | 4,587,000 shares (aggregating up to ₹20.18 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 12,400,000 |
| Share holding post issue | 16,987,000 |
| Market Maker portion | 231,000 shares |
Shivam Chemicals Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 |
| 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 and Surplus | 159.64 | 1,288.85 |
| Total Borrowing | 1,638.20 | 1,351.37 |
| Amount in ₹ Lakhs | ||
Shivam Chemicals 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 |
Company Profile
Our company, initially known as “Sun Organosys Private Limited” when it was established in 2010, underwent a name change in 2023 and became “Shivam Chemicals Limited”. We are a significant player in the production of Hydrated Lime and the distribution of a wide range of products. Through our strong marketing network, we have successfully distributed over 250,000 metric tons of products, with a cumulative value exceeding INR 7,500 million. We are a well-known company in the chemical industry, with solid partnerships and top-notch facilities that exceed customer expectations.
Registrar Info
| Name | Cameo Corporate Services Limited |
| Phone number | +91-44-28460390 |
| Email ID | [email protected] |
| Website | ipo.cameoindia.com |
Contact Details
| Name | Shivam Chemicals Limited |
| Phone number | +91 98199 68855 |
| Email ID | [email protected] |
| Website | shivamchem.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Shivam Chemicals IPO FAQs
When Shivam Chemicals IPO will open?
The Shivam Chemicals IPO opens on April 23, 2024 and closes on April 25, 2024.
What is the lot size of Shivam Chemicals IPO?
Shivam Chemicals IPO lot size is 3000 Shares, and the minimum amount required is ₹132,000.
When is Shivam Chemicals IPO allotment?
The finalization of Basis of Allotment for Shivam Chemicals IPO will be done on Friday, April 26, 2024, and the allotted shares will be credited to your demat account by Monday, April 29, 2024. Check the Shivam Chemicals IPO allotment status.
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