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Home › IPOs › Shivam Chemicals Ltd
SH
Shivam Chemicals Ltd
CLOSED BSE SME Fixed Price IPO Fresh Capital Shivam Chemicals IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹44
Issue Price: ₹ 44
Issue Price
₹44
Face Value
₹10
Lot Size
3,000 shares
Open Date
23 Apr 2024
Close Date
25 Apr 2024
Allotment
26 Apr 2024
Listing Date
30 Apr 2024
Exchange
BSE SME
Shivam Chemicals IPO About the Company

Incorporated in October 2010, Shivam Chemicals Limited produces 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.

The product portfolio of the company includes:

  • Poultry Feed Supplements
  • Di-calcium Phosphate
  • Magnesium Oxide
  • Limestone Powder
  • Hydrated Lime (Calcium Hydroxide)

Shivam Chemicals and Minerals Private Limited is a wholly owned subsidiary located in Dahej, Gujarat, with a manufacturing capacity of 60,000 MT. It specializes in producing hydrated lime (calcium hydroxide).

On December 31, 2023, the company has a total of 25 employees, including 12 contract workers in their subsidiary Shivam Chemicals and Minerals Private Limited.

...read more
Shivam Chemicals IPO Objects of the Issue
Purpose Amount (₹ Cr)
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 Lead Managers
Aryaman Financial Services Ltd
Financial Summary Amount in ₹ Lakhs
Metric 31 Dec 2023 31 Mar 2023
Total Assets 3,882 3,117 —
Revenue 10,711 15,658 —
PAT 71 357 —
Net Worth 1,400 1,328 —
Reserves 160 1,289 —
Total Borrowing 1,638 1,351 —
Shivam Chemicals IPO Key Financial Ratios
ROE
5
ROCE
6
RONW
5
Debt/Equity
1
P/BV
4
Issue Details
Total Shares Offered
4,587,000 (100%)
Reserved for Market Maker
Up to ₹1 Cr
Net Offer to Public
Up to ₹19 Cr
Pre-Issue Shareholding
12,400,000 shares
Post-Issue Shareholding
16,987,000 shares
UPI Mandate
25 Apr 2024
IPO Analytics Dashboard
LIVE
Shivam Chemicals IPO GMP Insights
👤
Retail Demand
Strong
💼
HNI Interest
Strong
📊
Valuation
Weak
Shivam Chemicals IPO GMP Strength Score
8 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Shivam Chemicals IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI — 2,178,000 (47%) —
👤 Retail (RII) — 2,178,000 (47%) —
📊 Market Maker — 231,000 (5%) —
Σ Total — 4,587,000 (100%) —

* Amount calculated at upper price band (₹44) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
💼
NII / HNI ? 2,178,000 (47%)
47%
👤
Retail (RII) ? 2,178,000 (47%)
47%
📊
Market Maker ? 231,000 (5%)
5%
Total Shares Offered 4,587,000 (100%)
Shivam Chemicals IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 3,000
Min. Investment ₹132,000
💼 HNI Investors ?
Min. Lots 2
Min. Shares 6,000
Min. Investment ₹264,000
Shivam Chemicals IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 3
Post-Issue EPS ?
₹ 1
Pre-Issue P/E ?
15 x
Post-Issue P/E ?
79 x
Shivam Chemicals IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 29 Apr 2024
  2. 2 📂 Credit of Shares to Demat 29 Apr 2024
Investor Interpretation
  • Retail allocation is strong at 47% of the total offering.
  • HNI/NII demand is strong at 47%.
  • The IPO P/E of 79x reflects a weak valuation relative to typical market ranges.
  • Pre-issue EPS of ₹3 compares to post-issue EPS of ₹1 after dilution.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

STOCK PRICE HISTORY  ·  NSE
—
Issue Price: ₹ 44  ·  Symbol: —
H —
L —
O —
Shivam Chemicals IPO Company Info
📍 Office No. 108, 1st Floor, Hubtown Solaris Off N.S.Phadke Marg, Saiwadi, Andheri (E), Mumbai,-400069 Andheri, Maharashtra
Visit Website
Shivam Chemicals IPO Registrar
Cameo Corporate Services Ltd
Check Allotment Status
Shivam Chemicals IPO FAQs
Shivam Chemicals IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Shivam Chemicals IPO is ₹44 per share. One lot has 3,000 shares, so the minimum investment is about ₹132,000. It is a Fresh Capital issue.
Shivam Chemicals IPO opened on 23 Apr 2024 and closed on 25 Apr 2024. Allotment is tentatively finalised on 26 Apr 2024. Shares are listed on BSE SME on 30 Apr 2024.
Incorporated in October 2010, Shivam Chemicals Limited produces Hydrated Lime (Calcium Hydroxide) and distributes various products including Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, and more.
As per the offer document, Shivam Chemicals plans to use the IPO proceeds for: 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.
The lead manager of Shivam Chemicals IPO is Aryaman Financial Services Ltd.
Shivam Chemicals IPO is proposed to list on BSE SME; it is a Fixed Price IPO and the issue is a Fresh Capital.
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