Shivam Chemicals IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Apr 23 to Apr 25 2024
Price Band
₹44
Current GMP
₹48(9.09%)
Subscription
6.61 times
IPO Details
| IPO Date | April 23, 2024 to April 25, 2024 |
| Listing Date | Tuesday, April 30, 2024 |
| Face Value | ₹10 per share |
| Price | ₹44 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 4,587,000 shares (aggregating up to ₹20.18 Cr) |
| Fresh Issue | 4,587,000 shares (aggregating up to ₹20.18 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 12,400,000 |
| Share holding post issue | 16,987,000 |
| Market Maker portion | 231,000 shares Shreni Shares |
IPO Date
April 23, 2024 to April 25, 2024
Listing Date
Tuesday, April 30, 2024
Face Value
₹10 per share
Price
₹44 per share
Lot Size
3000 Shares
Total Issue Size
4,587,000 shares (aggregating up to ₹20.18 Cr)
Fresh Issue
4,587,000 shares (aggregating up to ₹20.18 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
12,400,000
Share holding post issue
16,987,000
Market Maker portion
231,000 shares Shreni Shares
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 4.33 |
| Retail Investors | 8.88 |
| Total ** | 6.61 |
Market Maker
1
Non-Institutional Buyers***
4.33
Retail Investors
8.88
Total **
6.61
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Apr 23, 2024 | 0.72 | 1.29 | 1.00 |
| Day 2 Apr 24, 2024 | 0.95 | 3.02 | 1.99 |
| Day 3 Apr 25, 2024 | 4.33 | 8.88 | 6.61 |
DayDay 1
Apr 23, 2024
NII*0.72
Retail1.29
Total1.00
DayDay 2
Apr 24, 2024
NII*0.95
Retail3.02
Total1.99
DayDay 3
Apr 25, 2024
NII*4.33
Retail8.88
Total6.61
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 30-04-2024 | 44.00 | 2(4.55%) | 46 |
| 29-04-2024 | 44.00 | 2(4.55%) | 46 |
| 28-04-2024 | 44.00 | 2(4.55%) | 46 |
| 27-04-2024 | 44.00 | 2(4.55%) | 46 |
| 26-04-2024 | 44.00 | 2(4.55%) | 46 |
| 25-04-2024 | 44.00 | 2(4.55%) | 46 |
| 24-04-2024 | 44.00 | 2(4.55%) | 46 |
| 23-04-2024 | 44.00 | 0(0.0%) | 44 |
| 22-04-2024 | 44.00 | 0(0.0%) | 44 |
| 21-04-2024 | 44.00 | 0(0.0%) | 44 |
| 20-04-2024 | 44.00 | 0(0.0%) | 44 |
| 19-04-2024 | 44.00 | 0(0.0%) | 44 |
| 18-04-2024 | 44.00 | 0(0.0%) | 44 |
Date30-04-2024
Price44.00
GMP2(4.55%)
Estimate List Price46
Date29-04-2024
Price44.00
GMP2(4.55%)
Estimate List Price46
Date28-04-2024
Price44.00
GMP2(4.55%)
Estimate List Price46
Date27-04-2024
Price44.00
GMP2(4.55%)
Estimate List Price46
Date26-04-2024
Price44.00
GMP2(4.55%)
Estimate List Price46
Date25-04-2024
Price44.00
GMP2(4.55%)
Estimate List Price46
Date24-04-2024
Price44.00
GMP2(4.55%)
Estimate List Price46
Date23-04-2024
Price44.00
GMP0(0.0%)
Estimate List Price44
Date22-04-2024
Price44.00
GMP0(0.0%)
Estimate List Price44
Date21-04-2024
Price44.00
GMP0(0.0%)
Estimate List Price44
Date20-04-2024
Price44.00
GMP0(0.0%)
Estimate List Price44
Date19-04-2024
Price44.00
GMP0(0.0%)
Estimate List Price44
Date18-04-2024
Price44.00
GMP0(0.0%)
Estimate List Price44
IPO Important Dates
| IPO Open Date | Tuesday, April 23, 2024 |
| IPO Close Date | Thursday, April 25, 2024 |
| Basis of Allotment | Friday, April 26, 2024 |
| Initiation of Refunds | Monday, April 29, 2024 |
| Credit of Shares to Demat | Monday, April 29, 2024 |
| Listing Date | Tuesday, April 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 25, 2024 |
IPO Open Date
Tuesday, April 23, 2024
IPO Close Date
Thursday, April 25, 2024
Basis of Allotment
Friday, April 26, 2024
Initiation of Refunds
Monday, April 29, 2024
Credit of Shares to Demat
Monday, April 29, 2024
Listing Date
Tuesday, April 30, 2024
Cut-off time for UPI mandate confirmation
5 PM on April 25, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹132,000 |
| Retail (Max) | 1 | 3000 | ₹132,000 |
| HNI (Min) | 2 | 6,000 | ₹264,000 |
ApplicationRetail (Min)
Lots1
Shares3000
Amount₹132,000
ApplicationRetail (Max)
Lots1
Shares3000
Amount₹132,000
ApplicationHNI (Min)
Lots2
Shares6,000
Amount₹264,000
Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 |
|---|---|---|
| Period Ended | 31 Dec 2023 | 31 Mar 2023 |
| Assets | 3,881.92 | 3,117.11 |
| Revenue | 10,710.70 | 15,658.34 |
| Profit After Tax | 70.79 | 357.44 |
| Net Worth | 1,399.64 | 1,328.35 |
| Reserves and Surplus | 159.64 | 1,288.85 |
| Total Borrowing | 1,638.20 | 1,351.37 |
Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
Period EndedAssets
31 Dec 20233,881.92
31 Mar 20233,117.11
Period EndedRevenue
31 Dec 202310,710.70
31 Mar 202315,658.34
Period EndedProfit After Tax
31 Dec 202370.79
31 Mar 2023357.44
Period EndedNet Worth
31 Dec 20231,399.64
31 Mar 20231,328.35
Period EndedReserves and Surplus
31 Dec 2023159.64
31 Mar 20231,288.85
Period EndedTotal Borrowing
31 Dec 20231,638.20
31 Mar 20231,351.37
Key Performance Indicator
| ROE | 5.13% |
| ROCE | 6.19% |
| Debt/Equity | 1.17 |
| RoNW | 5.06% |
| P/BV | 3.9 |
| EPS (Rs) | 2.88 |
ROE
5.13%
ROCE
6.19%
Debt/Equity
1.17
RoNW
5.06%
P/BV
3.9
EPS (Rs)
2.88
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 231,000 (5.04%) |
| Other Shares Offered | 2,178,000 (47.48%) |
| Retail Shares Offered | 2,178,000 (47.48%) |
| Total Shares Offered | 4,587,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
231,000 (5.04%)
Other Shares Offered
2,178,000 (47.48%)
Retail Shares Offered
2,178,000 (47.48%)
Total Shares Offered
4,587,000 (100%)
Information about 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.
Objectives of IPO
The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects.
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
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
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