Shivam Chemicals IPO description – Shivam Chemicals manufactures 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, with a cumulative value surpassing INR 7,500 million, highlighting its financial significance in the sector. It maintains an average monthly sales volume of 2,650 metric tons.
The company’s wholly-owned subsidiary, Shivam Chemicals and Minerals Private Limited, is situated in Dahej, Gujarat, with a manufacturing capacity of 60,000 metric tons. They specialize in the production of Hydrated lime (Calcium hydroxide).
As of 31 December 2023, Shivam Chemicals has 25 employees on a consolidated basis. The company employs 12 contract laborers in its subsidiary Shivam Chemicals and Minerals Private Limited.
Promoters of Shivam Chemicals – Sanjiv Girdharlal Vasant, Soham Sanjiv Vasant, and Shivam Sanjiv Vasant
Table of Contents
Shivam Chemicals IPO Details
| Shivam Chemicals IPO Dates | 23 – 25 April 2024 |
| Shivam Chemicals Issue Price | INR 44 per share |
| Fresh issue | 4,587,000 shares (INR 20.18 crore) |
| Offer For Sale | NIL |
| Total IPO size | 4,587,000 shares (INR 20.18 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 132,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Shivam Chemicals Financial Performance
| FY 2021* | FY 2022* | FY 2023 | 9M FY 2024 | |
| Revenue | 95.50 | 177.94 | 156.52 | 106.93 |
| Expenses | 94.30 | 172.00 | 151.70 | 105.72 |
| Net income | 0.87 | 4.44 | 3.57 | 0.71 |
* All Standalone Data
Shivam Chemicals Offer News
- Shivam Chemicals RHP
- Shivam Chemicals Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Shivam Chemicals Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.70 | 3.58 | 2.88 |
| PE ratio | – | – | 15.28 |
| RONW (%) | 16.39 | 45.68 | 26.90 |
| NAV | 4.26 | 7.83 | 10.72 |
| ROCE (%) | 23.84 | 42.35 | 19.88 |
| EBITDA (%) | 1.80 | 3.58 | 3.43 |
| Debt/Equity | 0.29 | 0.52 | 1.02 |
Shivam Chemicals IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Shivam Chemicals IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 2,178,000 | 2,178,000 | 4,356,000 |
| 25 Apr 2024 | 4.43 | 8.88 | 6.66 |
| 24 Apr 2024 | 1.06 | 3.03 | 2.05 |
| 23 Apr 2024 | 0.72 | 1.29 | 1.00 |
The market maker reservation portion of 2,31,000 shares is not included in the above calculations.
Shivam Chemicals IPO Allotment Status
Shivam Chemicals IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.
Shivam Chemicals IPO Dates & Listing Performance
| IPO Opening Date | 23 April 2024 |
| IPO Closing Date | 25 April 2024 |
| Finalization of Basis of Allotment | 26 April 2024 |
| Initiation of refunds | 29 April 2024 |
| Transfer of shares to demat accounts | 29 April 2024 |
| IPO Listing Date | 30 April 2024 |
| Opening Price on BSE SME | INR 48 per share (up 9.09%) |
| Closing Price on BSE SME | INR 47.40 per share (up 7.73%) |
Shivam Chemicals Offer Lead Manager
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001
Phone: +91 22 – 6216 6999
Email: [email protected]
Website: www.afsl.co.in
Shivam Chemicals Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700
Email: [email protected]
Website: www.cameoindia.com
Shivam Chemicals Issue Contact Details
SHIVAM CHEMICALS LIMITED
Office No. 108, 1st Floor, Hubtown Solaris,
Off N.S.Phadke Marg, Saiwadi, Andheri (E),
Mumbai, Maharashtra, India, 400069
Phone: +91 98199 68855
E-mail: [email protected]
Website: www.shivamchem.com
IPO FAQs
What is the Shivam Chemicals offer size?
Shivam Chemicals offer size is INR 20.18 crores.
What is the Shivam Chemicals offer price band?
Shivam Chemicals public offer price is INR 44 per share.
What is the lot size of the Shivam Chemicals IPO?
Shivam Chemicals offer a lot size is 3,000 shares.
What is Shivam Chemicals IPO GMP today?
Shivam Chemicals IPO GMP today is INR NA per share.
What is the Shivam Chemicals kostak rate today?
Shivam Chemicals kostak rate today is INR NA per application.
What is Shivam Chemicals Subject to the Sauda rate today?
Shivam Chemicals is Subject to the Sauda rate today is INR NA per application.
