Shivam Chemicals Limited IPO
- IPO Date23 Apr, 2024 to 25 Apr, 2024
- Listing Date30 Apr, 2024
- Face Value₹10 per share
- Issue Price₹44 to ₹44 per share
- Lot Size3000 Shares
- Minimum Investment₹1,32,000
- Listing AtBSE SME
- Total Issue Size45,87,000 Shares
(aggregating up to ₹20.18 Cr) - Fresh Issue45,87,000 Shares
(aggregating up to ₹20.18 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue1,24,00,000
- Shareholding post issue1,69,87,003
IPO Dates
Closing Date
25 Apr, 2024
Initiation of Refunds
26 Apr, 2024
Listing Date
30 Apr, 2024
23 Apr, 2024
Opening Date
26 Apr, 2024
Basis of Allotment
26 Apr, 2024
Credit of Shares
Shivam Chemicals Limited Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI (Min) | 2 | 6000 | ₹2,64,000 |
| Retail (Min) | 1 | 3000 | ₹1,32,000 |
| Retail (Max) | 1 | 3000 | ₹1,32,000 |
Shivam Chemicals Limited Promoter Holding
The promoters of the company are Sanjiv Girdharlal Vasant, Soham Sanjiv Vasant and Shivam Sanjiv Vasant.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.99% | 73% |
Shivam Chemicals Limited COMPANY INFORMATION
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. Refer to Shivam Chemicals IPO RHP for detailed information.
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).
FAQs About Shivam Chemicals Limited Ipo
Shivam Chemicals Limited IPO will open on 23 Apr, 2024 and close on 25 Apr, 2024. Investors must apply within this period to participate.
The Shivam Chemicals Limited IPO price band is set between ₹44.00 and ₹44.00 per share. The minimum lot size is 3000, requiring an investment of at least ₹132000.00.
The Shivam Chemicals Limited IPO shares are expected to be listed on 30 Apr, 2024, subject to regulatory approvals and final allotment.
You can track your Shivam Chemicals Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Shivam Chemicals Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.