ISSUE OPEN
Shivam Chemicals Ltd.
Min Investment
₹132000
Subscribed Times
6x
Issues size
₹20 Crores
Price Range
₹44 - ₹44
Open on
23 Apr'24
Close on
25 Apr'24

Application Details

Lot Size
3000
Issue Size
₹20 Crores
Issue Type
Book Building

IPO Timeline

23
Apr'24
Issue Open
25
Apr'24
Issue Close
26
Apr'24
Finalization of Basis of Allotment
29
Apr'24
Initiation of refund
29
Apr'24
Transfer of shares to Demat Account
30
Apr'24
Listing Date

Shares Offered

Qualified Inst. Buyers
0.00
Non Inst. Buyers
50.00
Retails Ind. Buyers
50.00

Subscription Status 

(as of 06 May 2024)
Overall Status6.29x
Qualified Inst. Buyers
0.00x
Non Inst. Buyers
4.15x
Retails Ind. Buyers
8.67x

Objects of the offer

1. Funding Working Capital Requirements in Our 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

Company’s Financials

Mar 2021
Mar 2022
Mar 2023
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
Sutlej Textiles & Industries Ltd.3074.2337.282.2825.69
Sintex Industries Ltd.3059.7-573.82-9.58-0.23
Jindal Worldwide Ltd.2070.01115.725.7759.51
Bannari Amman Spinning Mills Ltd.1398.57-29.6-4.56-11.25
Garware Technical Fibres Ltd.1305.55172.286.7436.94
TCNS Clothing Co. Ltd.1201.59-17.55-2.77-157.74
SVP Global Textiles Ltd.917.69-234.32-18.52-0.37
Bombay Rayon Fashions Ltd.777.54-1254.63-39.52-0.05
SEL Manufacturing Company Ltd.554.37-185.91-56.11-1.34
Anand Rayons Ltd.336.53.162.1119.15

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Guide to IPO Investment

Company Contact Info

Office No. 108, 1st Floor, Hubtown Solaris, Off N.S.Phadke Marg,
Office No. 108, 1st Floor, Hubtown Solaris, Off N.S.Phadke Marg,Mumbai,Maharashtra-400069
Phone : 9819968855

Book Running Managers

Aryaman Financial Services Limited

Registrar & Transfer Agent

Cameo Corporate Services Ltd.
"Subramanian Building",#1, Club House Road,Chennai (Madras),Tamil Nadu-600002
Phone : 40020700
Fax :28460129/

Offer Related Information

Initial public offering of up to 4587000 equity shares of face value of Rs.10.00 each (Equity Shares) of Shivam Chemicals Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.44.00 per equity share (including a premium of Rs.34.00 per equity share) ("Offer Price")
aggregating up to Rs.201828000 crores.
Offer Price: Rs.44.00 per equity share of face value of Rs.10.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 3000 equity shares and in multiples of 3000 equity shares thereafter
Single-click UPI-based IPO application
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