Shivam Chemicals Limited IPO (Shivam Chemicals IPO)

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

Shivam Chemicals IPO – Details

IPO Opening Date23 April 2024
IPO Closing Date25 April 2024
Issue TypeFixed Price Issue IPO
Issue Size45,87,000 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 Lot3000 Shares
Min Order3000 Shares (1 Lot)
Listing AtBSE SME
RegisterCameo Corporate Services Limited
Retail Shares Offered50% of the Net issue
Other Shares Offered50% of the Net issue

Shivam Chemicals IPO – Date Schedule

IPO Open DateTuesday, April 23, 2024
IPO Close DateThursday, April 25, 2024
Basis of AllotmentFriday, April 26, 2024
Initiation of RefundMonday, April 29, 2024
Credit of Shares to Demat AccountMonday, April 29, 2024
IPO Listing DateTuesday, April 30, 2024
Cut-off time for UPI mandate confirmation5 PM on April 25, 2024

Shivam Chemicals IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)13000₹1,32,000
Retail (Maximum)13000₹1,32,000
HNI (Minimum)26000₹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.
Varyaa Creations IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal 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
Amount in ₹ Crore

Key Performance Indicator

EPS (Rs)2.880.56
P/E (x)15.2679.19

Shivam Chemicals IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding73.00%

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

Shivam Chemicals IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Shivam Chemicals IPO Lead Manager(s)

1. Aryaman Financial Services Limited

Shivam Chemicals IPO FAQs

Varyaa Creations 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.
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