Shivam Chemicals IPO GMP, Review, Price, Allotment


Last updated on April 30, 2024

Shivam Chemicals IPO GMP

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.

Shivam Chemicals

Promoters of Shivam Chemicals – Sanjiv Girdharlal Vasant, Soham Sanjiv Vasant, and Shivam Sanjiv Vasant

Shivam Chemicals IPO Details

Shivam Chemicals IPO Dates23 – 25 April 2024
Shivam Chemicals Issue PriceINR 44 per share
Fresh issue4,587,000 shares (INR 20.18 crore)
Offer For SaleNIL
Total IPO size4,587,000 shares (INR 20.18 crore)
Minimum bid (lot size)3,000 shares (INR 132,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Shivam Chemicals Financial Performance

 FY 2021*FY 2022*FY 20239M FY 2024
Net income0.874.443.570.71
Figures in INR Crores unless specified otherwise
* All Standalone Data

Shivam Chemicals Offer News

Shivam Chemicals Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio15.28
RONW (%)16.3945.6826.90
ROCE (%)23.8442.3519.88
EBITDA (%)1.803.583.43
Debt/Equity 0.290.521.02
*Compiled by IPO Central from Prospectus

Shivam Chemicals IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
Coming soon

Shivam Chemicals IPO Subscription – Live Updates

Shares Offered2,178,0002,178,0004,356,000
25 Apr 20244.438.886.66
24 Apr 20241.063.032.05
23 Apr 20240.721.291.00

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 Date23 April 2024
IPO Closing Date25 April 2024
Finalization of Basis of Allotment26 April 2024
Initiation of refunds29 April 2024
Transfer of shares to demat accounts29 April 2024
IPO Listing Date30 April 2024
Opening Price on BSE SMEINR 48 per share (up 9.09%)
Closing Price on BSE SMEINR 47.40 per share (up 7.73%)

Shivam Chemicals Offer Lead Manager

60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001
Phone: +91 22 – 6216 6999
Email[email protected]

Shivam Chemicals Offer Registrar

“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700
Email: [email protected]

Shivam Chemicals Issue Contact Details

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]


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.


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