Incorporated in October 2010, Shivam Chemicals Limited produces Hydrated Lime (Calcium Hydroxide) and distributes various products including Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, and more. The company has supplied over 250,000 metric tons of various products.
The product portfolio of the company includes:
- 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 located in Dahej, Gujarat, with a manufacturing capacity of 60,000 MT. It specializes in producing hydrated lime (calcium hydroxide).
On December 31, 2023, the company had 25 employees, including 12 contract workers in their subsidiary Shivam Chemicals and Minerals Private Limited.
Shivam Chemicals IPO – Details
| IPO Opening Date | 23 April 2024 |
| IPO Closing Date | 25 April 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 45,87,000 Shares Worth ₹20.18 Crore Fresh Issue: 45,87,000 Shares Worth ₹20.18 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹44 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Cameo Corporate Services Limited |
| Retail Shares Offered | 50% of the Net issue |
| Other Shares Offered | 50% of the Net issue |
Shivam Chemicals IPO – Date Schedule
| IPO Open Date | Tuesday, April 23, 2024 |
| IPO Close Date | Thursday, April 25, 2024 |
| Basis of Allotment | Friday, April 26, 2024 |
| Initiation of Refund | Monday, April 29, 2024 |
| Credit of Shares to Demat Account | Monday, April 29, 2024 |
| IPO Listing Date | Tuesday, April 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 25, 2024 |
Shivam Chemicals IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 3000 | ₹1,32,000 |
| Retail (Maximum) | 1 | 3000 | ₹1,32,000 |
| HNI (Minimum) | 2 | 6000 | ₹2,64,000 |
Company Promoters
- Sanjiv Girdharlal Vasant
- Soham Sanjiv Vasant
- Shivam Sanjiv Vasant
Object 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.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | ₹95.58 | ₹94.30 | ₹0.87 | ₹1.53 |
| 31 March 2022 | ₹177.99 | ₹172.00 | ₹4.44 | ₹5.10 |
| 31 March 2023 | ₹156.58 | ₹151.70 | ₹3.57 | ₹13.51 |
| 31 December 2023 | ₹107.11 | ₹105.72 | ₹0.71 | ₹16.38 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 5.13% |
| ROCE | 6.19% |
| Debt/Equity | 1.17 |
| RoNW | 5.06% |
| P/BV | 3.9 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.88 | 0.56 |
| P/E (x) | 15.26 | 79.19 |
Shivam Chemicals IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 73.00% |
Shivam Chemicals IPO Prospectus
Company Contact Information
| 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: www.shivamchem.com/ |
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 Manager(s)
| 1. Aryaman Financial Services Limited |
Shivam Chemicals IPO FAQs
| What is Shivam Chemicals IPO? Shivam Chemicals IPO is an SME IPO. The issue is priced at ₹44 per equity share. The IPO is to be listed on BSE SME. |
| When will Shivam Chemicals IPO open? The IPO is to open on 23 April 2024 for Retails – 50% and Others – 50% Investors. |
| How to Shivam Chemicals IPO? You can apply for Shivam Chemicals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling out the offline form. |
| How to Apply the Shivam Chemicals IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Shivam Chemicals IPO”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Shivam Chemicals IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Shivam Chemicals IPO”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Shivam Chemicals IPO Size? Shivam Chemicals IPO size is ₹20.18 crores. |
| What is Shivam Chemicals IPO Price Band? Shivam Chemicals IPO Price Band is ₹44. |
| What is Shivam Chemicals IPO Minimum and Maximum Lot Size? The minimum bid is 3000 Shares with ₹1,32,000 amount while the maximum bid is 3000 shares with ₹1,32,000. |
| What is the Shivam Chemicals IPO Allotment Date? Shivam Chemicals IPO allotment date is 26 April 2024. |
| What is the Shivam Chemicals IPO Listing Date? Shivam Chemicals IPO listing date is 30 April 2024. The IPO is to be listed on BSE SME. |
