Shiv Texchem IPO description – Shiv Texchem is engaged in the business of importing and distributing hydrocarbon-based chemicals of products such as Acetyls, Alcohol, Aromatics, Nitriles, Monomers, Glycols Phenolic, Ketones, and Isocyanates. These are critical raw materials and inputs and have applications across various industries like paints and coatings, printing inks, agrochemical products, specialty polymers, pharmaceutical products, and specialty industrial chemicals.
Shiv Texchem sources chemicals from China, Taiwan, South Korea, Kuwait, Qatar, USA, Netherlands, Belgium, and Italy amongst others, and supplies to a diverse range of customers such as Apcotex Industries, Hemani Industries, Gujarat Fluorochemicals amongst others.
The company has expanded its product portfolio from offering 21 products to 39 products, and also grown its customer base from 400 customers to 650 customers by FY 2024. As of 31 March 2024, Shiv Texchem had 50 employees on payroll.
Promoters of Shiv Texchem – Vikas Pavankumar, Hemanshu S. Chokhani, Pavankumar Sanwaria Realty Private Limited and Hemanshu Syntex Private Limited
Table of Contents
Shiv Texchem IPO Details
| Shiv Texchem IPO Dates | 8 – 10 October 2024 |
| Shiv Texchem Issue Price | INR 158 – 166 per share |
| Fresh issue | 61,05,600 shares (INR 96.47 – 101.35 crore) |
| Offer For Sale | NIL |
| Total IPO size | 61,05,600 shares (INR 96.47 – 101.35 crore) |
| Minimum bid (lot size) | 800 Shares (INR 1,32,800) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Shiv Texchem Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 |
| Revenue | 858.66 | 1,117.59 | 1,534.90 | 566.05 |
| Expenses | 846.79 | 1,097.13 | 1,495.84 | 553.50 |
| Net income | 13.86 | 16.03 | 30.11 | 10.06 |
Shiv Texchem Offer News
- Shiv Texchem RHP
- Shiv Texchem Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Shiv Texchem Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 20.45 | 12.52 | 20.68 |
| PE ratio | – | – | 7.64 – 8.03 |
| RONW (%) | 20.64 | 13.97 | 19.08 |
| NAV | 83.39 | 95.91 | 113.01 |
| ROCE (%) | 22.75 | 20.98 | 26.88 |
| EBITDA (%) | 2.65 | 3.32 | 3.90 |
| Debt/Equity | 1.13 | 2.68 | 1.54 |
Shiv Texchem IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 14 October 2024 | 37 | – | 30,000 |
| 11 October 2024 | 35 | – | 23,000 |
| 10 October 2024 | 35 | – | 23,000 |
| 9 October 2024 | 35 | – | 22,000 |
| 8 October 2024 | 40 | 25,000 | |
| 7 October 2024 | 40 | – | 25,000 |
| 5 October 2024 | 40 | – | 25,000 |
Shiv Texchem IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 11,60,000 | 8,70,400 | 20,30,400 | 40,60,800 |
| 10 Oct 2024 | 86.70 | 455.93 | 68.27 | 156.63 |
| 9 Oct 2024 | 3.22 | 16.16 | 14.54 | 11.65 |
| 8 Oct 2024 | 3.11 | 2.28 | 4.83 | 3.79 |
The market maker reservation portion of 3,05,600 shares and anchor investor portion of 17,39,200 are not included in the above calculations.
Shiv Texchem IPO Allotment Status
Shiv Texchem IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Shiv Texchem IPO Dates & Listing Performance
| IPO Opening Date | 8 October 2024 |
| IPO Closing Date | 10 October 2024 |
| Finalization of Basis of Allotment | 11 October 2024 |
| Initiation of refunds | 14 October 2024 |
| Transfer of shares to demat accounts | 14 October 2024 |
| IPO Listing Date | 15 October 2024 |
| Opening Price on BSE SME | INR 239 per share (up 43.98%) |
| Closing Price on BSE SME | INR 250.95 per share (up 51.17%) |
Shiv Texchem Offer Lead Manager
VIVRO FINANCIAL SERVICES PRIVATE LIMITED
Vivro House, 11, Shashi Colony, Opposite Suvidha Shopping Center,
Paldi, Ahmedabad – 380 007, Gujarat, India
Phone: +91-226666 8040
Email:Â [email protected]
Website:Â www.vivro.net
Shiv Texchem Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Shiv Texchem Issue Contact Details
SHIV TEXCHEM LIMITED
602, 6th Floor, Savoy Chambers,
Hasmukh Nagar, Santacruz (W) Mumbai, 400 054
Phone: +91 96195 11788
E-mail: [email protected]
Website: www.shivtexchem.com
IPO FAQs
What is Shiv Texchem offer size?
Shiv Texchem offer size is INR 96.47 – 101.35 crores.
What is Shiv Texchem offer price band?
Shiv Texchem public offer price is INR 158 – 166 per share.
What is the lot size of Shiv TexchemIPO?
Shiv Texchem offer lot size is 800 shares.
What is Shiv Texchem IPO GMP today?
Shiv Texchem IPO GMP today is INR 37 per share.
What is Shiv Texchem kostak rate today?
Shiv Texchem kostak rate today is INR NA per application.
What is Shiv Texchem IPO Subject to Sauda rate today?
Shiv Texchem’s Subject to Sauda rate today is INR 30,000 per application.
