Shivam Chemicals IPO GMP, IPO Price Band, IPO Lot Size

Shivam Chemicals IPO is opening for subscription on April 23, 2024 and closing on April 25, 2024. This BSE SME IPO aims to raise ₹20.18 crores, with a 100% Fresh Issue of 4,587,000 equity shares, each with a face value of ₹10. The price band for the Shivam Chemicals IPO is fixed at ₹44 Per Share, with a market lot of 3000 Shares. The allocation for this IPO is as follows: 50% for retail investors, and 50% for high-net-worth individuals (HNI). Shivam Chemicals IPO Allotment will done on April 26, 2024, and Shivam Chemicals IPO listing date is April 30, 2024.

 

Shivam Chemicals Company Profile

Shivam Chemicals specializes in the manufacturing of Hydrated Lime (Calcium Hydroxide) and distribution of various products including Poultry feed supplements (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, etc. With a well-established marketing network across India, the company distributes animal feed products for various renowned manufacturers, reflecting its commitment to meeting market demands. With over 2.50 Lakh metric tons of various products supplied, valued at over INR 7,500 million, Shivam Chemicals maintains a consistent presence in the market with an average monthly sales volume of 2,650 metric tons. The company’s journey began with a primary focus on animal feed supplement trading, evolving into manufacturing through the establishment of a wholly-owned subsidiary, Shivam Chemicals and Minerals Private Limited, located in Dahej, Gujarat, with a manufacturing capacity of 60,000 MT.

 

Shivam Chemicals IPO GMP

 

Shivam Chemicals IPO Objectives

The funds raised through the IPO will be utilized for:

1. Funding Working capital requirements in the Company.
2. Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt Ltd. for financing the augmentation of its working capital capabilities.
3. General Corporate Purpose.

 

Shivam Chemicals IPO Key Details

• Shivam Chemicals IPO Open Date: April 23, 2024
• Shivam Chemicals IPO Close Date: April 25, 2024
• Shivam Chemicals IPO Size: Approximately ₹20.18 crores, 4,587,000 Equity Shares
• Face Value: ₹10 Per Equity Share
• Shivam Chemicals IPO Price Band: ₹44 Per Equity Share
• Shivam Chemicals IPO Listing on: BSE SME IPO
• Retail Quota: 50% of the net offer
• NII Quota: 50% of the net offer

 

Shivam Chemicals IPO Timeline

• Shivam Chemicals IPO Open Date: April 23, 2024
• Shivam Chemicals IPO Close Date: April 25,2024
• Basis of Allotment: April 26, 2024
• Refunds: April 29, 2024
• Credit to Demat Account: April 29, 2024
• Shivam Chemicals IPO Listing Date: April 30, 2024

 

How to Apply for Shivam Chemicals IPO

Investors can apply for the Shivam Chemicals IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the BSE website.

 

Shivam Chemicals Financial Performance (in Crores)

• Year 2021: Revenue ₹95.58, Expense ₹94.30, PAT ₹0.87
• Year 2022: Revenue ₹177.99, Expense ₹172.00, PAT ₹4.44
• Year 2023: Revenue ₹156.58, Expense ₹151.70, PAT ₹3.57
• Dec 2023: Revenue ₹107.11, Expense ₹105.72, PAT ₹0.71

 

Shivam Chemicals Valuation FY2024

• 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

 

Shivam Chemicals Peer Group

• Narmada Agrobase Limited
• Godrej Agrovet

 

Shivam Chemicals Company Promoters

• Sanjiv Girdharlal Vasant
• Soham Sanjiv Vasant
• Shivam Sanjiv Vasant

 

Shivam Chemicals IPO Registrar

Cameo Corporate Services Limited
Subramanian Building # 1, Club House Road,
Chennai 600 002 – India
Website: https://ipo.cameoindia.com/
Phone: +91-44-28460390
Email: priya@cameoindia.com

 

Shivam Chemicals IPO Allotment Status Check

• Check the Shivam Chemicals IPO allotment status on the Cameo Corporate Services website.

 

Shivam Chemicals IPO Allotment Link

• Check the Shivam Chemicals IPO allotment on the ipogmp.org website.

 

Shivam Chemicals IPO Lead Managers (Merchant Bankers)

• Aryaman Financial Services Limited

 

Shivam Chemicals Company Address

Office No. 108, 1st Floor, Hubtown Solaris,
Off N.S.Phadke Marg, Saiwadi,
Andheri (E),
Mumbai,Maharashtra-400 069 India
Website: https://www.shivamchem.com/
Phone: +91 98199 68855
Email: info@shivamchem.com

 

Shivam Chemicals IPO FAQs

 

What is Shivam Chemicals IPO?

Shivam Chemicals IPO is a BSE SME IPO. They are going to raise ₹20.18 crores via IPO. The issue is priced at ₹44 Per equity share. The IPO is to be listed on BSE.

 

When will the Shivam Chemicals IPO open?

The IPO is to open on April 23, 2024 for NII, and Retail Investors.

 

What is Shivam Chemicals IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

 

How to Apply for the Shivam Chemicals IPO?

You can apply for Shelter Finance 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 up the offline form.

 

How to Apply Shivam Chemicals IPO through Zerodha?

For those using Zerodha, the application process involves logging into the Zerodha Console, selecting the IPO under the Portfolio section, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with Zerodha may be necessary for some applicants. Open Demat Account with Zerodha.

 

How to Apply the Shivam Chemicals IPO through Alice Blue?

Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.

 

How to Apply for the Shivam Chemicals IPO through Motilal Oswal?

Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. 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 Motilal Oswal.

 

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 Per equity share.

 

What is Shivam Chemicals IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 Shares with ₹132,000.

 

What is Shivam Chemicals IPO Allotment Date?

Shivam Chemicals IPO allotment date is April 26, 2024.

 

What is Shivam Chemicals IPO Listing Date?

Shivam Chemicals IPO listing date is April 30, 2024. The IPO to list on BSE SME IPO.