Shivam Chemicals IPO Details: Shivam Chemicals has announced the fixed dates for its IPO, which is scheduled to open on April 23 and conclude on April 25. This BSE SME IPO aims to raise ₹20.18 crores from the market, with a price band set at ₹44 per share and a market lot size of 3000 shares.
Specializing in the production of Hydrated Lime (Calcium Hydroxide) and distribution of various products including Poultry feed supplements (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, and Limestone Powder, Shivam Chemicals has established itself as a prominent player in the industry. Leveraging their extensive experience and expertise, the company has cultivated a robust marketing network across India, serving as a distributor for several renowned manufacturers. Over the years, Shivam Chemicals has facilitated the supply of over 2.50 Lakh metric tons of diverse products, with a cumulative value surpassing INR 7,500 million. This track record underscores their significant financial footprint in the sector.
With an average monthly sales volume of 2,650 metric tons, Shivam Chemicals maintains a consistent market presence, ensuring a steady flow of products to meet market demands. The company’s journey initially began with a focus on trading animal feed supplements until FY 2022-23, after which they expanded into manufacturing through the establishment of their wholly owned subsidiary, Shivam Chemicals and Minerals Private Limited. Situated in Dahej, Gujarat, this subsidiary operates with a manufacturing capacity of 60,000 MT, primarily focusing on the production of Hydrated Lime (Calcium Hydroxide) products.
Shivam Chemicals IPO Objectives:
The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects.
- 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)
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Shivam Chemicals IPO Date & Price Band Details:
| IPO Open: | 23-April-2024 |
| IPO Close: | 25-April-2024 |
| IPO Size: | Approx ₹20.18 Crores, 4,587,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹44 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Shivam Chemicals IPO Lot Size:
The minimum market lot for the Shivam Chemicals IPO consists of 3000 shares, requiring an application amount of ₹132,000. This structure ensures accessibility for investors while maintaining regulatory compliance.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹132,000 |
| Retail Maximum | 1 | 3000 | ₹132,000 |
| S-HNI Minimum | 2 | 6000 | ₹264,000 |
Shivam Chemicals IPO Timeline:
The Shivam Chemicals IPO is scheduled to commence on April 23 and conclude on April 25. Following the closure, the IPO allotment process will take place on April 26. Investors can anticipate the potential listing of the IPO on April 30, marking a significant milestone in the company’s journey.
Shivam Chemicals IPO GMP Today:
Shivam Chemicals IPO is not commanding any premium or discount in the grey market, as per market observers. This is because Shivam Chemicals IPO GMP today, or grey market premium, is 0.
Shivam Chemicals Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹95.58 | ₹94.30 | ₹0.87 |
| 2022 | ₹177.99 | ₹172.00 | ₹4.44 |
| 2023 | ₹156.58 | ₹151.70 | ₹3.57 |
| Dec 2023 | ₹107.11 | ₹105.72 | ₹0.71 |
Shivam Chemicals IPO Valuation – FY2023
Check Shivam Chemicals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.88 per Equity Share |
| Price/Earning P/E Ratio: | 15.28 |
| Return on Net Worth (RoNW): | 26.90% |
| Net Asset Value (NAV): | ₹10.72 per Equity Share |
Peer Group
- Narmada Agrobase Limited
- Godrej Agrovet
Company Promoters
- Sanjiv Girdharlal Vasant
- Soham Sanjiv Vasant
- Shivam Sanjiv Vasant
Shivam Chemicals IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/
Shivam Chemicals IPO Allotment Status
Check Shivam Chemicals IPO allotment status on Cameo Corporate website URL. Click Here
Shivam Chemicals IPO Lead Managers aka Merchant Bankers
- Aryaman Financial Services Limited
Company Address
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/
