Shivam Chemicals
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 23-04-2024 | 25-04-2024 | ₹10 per share | 0 | 3000 Shares | BSE SME | 4,587,000 shares (aggregating up to ₹20.18 Cr) | 2024-04-26 00:00:00 | 2024-04-29 00:00:00 | 2024-04-29 00:00:00 | 30-04-2024 |
About The Company
Shivam Chemicals IPO is a fixed price issue of Rs 20.18 crores. The issue is entirely a fresh issue of 45.87 lakh shares.
Shivam Chemicals IPO opens for subscription on April 23, 2024 and closes on April 25, 2024. The allotment for the Shivam Chemicals IPO is expected to be finalized on Friday, April 26, 2024. Shivam Chemicals IPO will list on BSE SME with tentative listing date fixed as Tuesday, April 30, 2024.
Shivam Chemicals IPO price is ₹44 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹264,000.
Aryaman Financial Services Limited is the book running lead manager of the Shivam Chemicals IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for Shivam Chemicals IPO is Shreni Shares.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-12-2023 | 3882 | 10711 | 71 | 1399.64 | 159.64 | 1638.2 |
| 31-03-2023 | 3117 | 15658 | 357 | 1328.35 | 1288.85 | 1351.37 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| 8.88 | 4.33 |
| Retail Investors | 8.88 |
| Total | 6.61 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | 132000 |
| Retail (Max) | 1 | 3000 | 132000 |
| HNI (Min) | 2 | 6000 | 264000 |
IPO Listing Details
| Listing Date | 30-04-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | INE0SGR01013 |
| Final Issue Price | 44 |
Promoter holdings
Sanjiv Girdharlal Vasant, Soham Sanjiv Vasant and Shivam Sanjiv Vasant.
Contact Information of the Company
Shivam Chemicals Limited
Office No. 108, 1st Floor, Hubtown Solaris
Off N.S.Phadke Marg,
Saiwadi, Andheri (E), Mumbai,-400069
Phone: +91 98199 68855
Email: info@shivamchem.com
Website: https://www.shivamchem.com/
IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/
IPO Lead Manager
Aryaman Financial Services Limited (Past IPO Performance)