Shivam Chemicals IPO Details | GMP, Date, Price, Review

Shivam Chemicals IPO Details ( Shivam Chemicals Limited IPO Review )

(23 Apr 2024 – 25 Apr 2024)

Established in October 2010, Shivam Chemicals Limited is a company that makes Hydrated Lime (also known as Calcium Hydroxide) and sells a range of other products like Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, and Limestone Powder. Over the years, we’ve supplied more than 250,000 metric tons of various products.

Our product lineup includes:

1. Poultry Feed Supplements
2. Di-calcium Phosphate
3. Magnesium Oxide
4. Limestone Powder
5. Hydrated Lime (Calcium Hydroxide)

We also have a wholly owned subsidiary called Shivam Chemicals and Minerals Private Limited, situated in Dahej, Gujarat. This subsidiary has a production capacity of 60,000 MT and specializes in manufacturing hydrated lime.

As of December 31, 2023, our company has a total of 25 employees, with 12 contract workers employed at our subsidiary, Shivam Chemicals and Minerals Private Limited.

Shivam Chemicals Limited IPO Competitive Strength

• Well educated and experienced board of directors and management team
• In house manufacturing through 100% owned subsidiary
• Technological competitive advantage
• Logistic Efficiency

Shivam Chemicals IPO Financials Performance ( Results )

Shivam Chemicals Limited Financial Information (Restated Consolidated)

All Amount in ₹ Lakhs

Period Ended	Total Assets	Total Revenue	PAT	Net Worth	Reserves	Borrowing
31-Mar-23	3,117.11	15,658.34	357.44	1,328.35	1,288.85	1,351.37
31-Dec-23	3,881.92	10,710.70	70.79	1,399.64	159.64	1,638.20

Objective of Shivam Chemicals IPO Issue

• 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 Basic Details

IPO Date	Apr 23, 2024 to Apr 25, 2024
Listing Date	Tuesday, April 30, 2024
Face Value	₹10 per share
Price	₹44 per share
Lot Size	3000 Shares
Issue Size	4,587,000 shares of ₹10 (aggregating up to ₹20.18 Cr)
Fresh Issue	4,587,000 shares of ₹10 (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
Company Promoters	Sanjiv Girdharlal Vasant, Soham Sanjiv Vasant and Shivam Sanjiv Vasant

Shivam Chemicals IPO Reservation

Other Shares Offered	50% of the Net Issue
Retail Shares Offered	50% of the Net Issue

Shivam Chemicals IPO Timetable

Shivam Chemicals IPO will open on April 23, 2024 and close on April 25, 2024. You can join Shivam Chemicals IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	23 April 2024 (Monday)
Closing Date	25 April 2024 (Thursday)
Basis of Allotment	26 April 2024 (Friday)
Initiation of Refunds	29 April 2024 (Monday)
Credit of Shares to Demat	29 April 2024 (Monday)
Listing Date	30 April 2024 (Tuesday)
Deadline for UPI mandate confirmation	5 PM on 25 April 2024

Shivam Chemicals IPO Lot Size

For retail investors in Shivam Chemicals IPO, 3000 shares will come in 1 lot or the minimum investment will be ₹132,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹132,000.

Application	Lots	Shares	Amount
Retail (Min)	1	3000	₹132,000
Retail (Max)	1	3000	₹132,000
S-HNI (Min)	2	6000	₹264,000

Shivam Chemicals IPO Promoter Holding

The company’s promoters include Sanjiv Girdharlal Vasant, Soham Sanjiv Vasant and Shivam Sanjiv Vasant.

Pre Issue Share Holding	99.99%
Post Issue Share Holding	73.00%

Shivam Chemicals Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

KPI	Values
Market Cap (₹ Cr.)	74.74
Earning Per Share (EPS)	₹2.88 per Equity Share
Net Asset Value (NAV)	₹10.72 per Equity Share
P/E Ratio (P/E) (x)	15.26
Post P/E Ratio (P/E) (x)	79.19
Return on Net Worth (RoNW) (%)	5.06
Return on equity (ROE) (%)	5.13
Return on Capital Employed (ROCE) (%)	6.19
Debt/Equity Ratio	1.17
Price/Book Value Ratio	3.90

Shivam Chemicals IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
Today	₹0	–	–
20 April 2024	₹0	–	–

Shivam Chemicals IPO Detail Video:

link

Shivam Chemicals IPO Subscription Status (Bidding Detail)

The Shivam Chemicals IPO on April 25, 2024 at 7:00:20 PM was subscribed 6.61 times, with the retail category being subscribed 8.88 times, the other category being subscribed 4.33 times.

Category	Subscription
Other	4.33x
Retail	8.88x
Total	6.61x

Shivam Chemicals IPO Prospectus

Shivam Chemicals IPO DRHP	Download
Shivam Chemicals IPO RHP	Download
Shivam Chemicals IPO Anchor Investors Details PDF	Download

Shivam Chemicals IPO Rating

Our Rating

2.5/5.0

Shivam Chemicals Company Contact Information

Shivam Chemicals Limited

Registered Office: Office No. 108, 1st Floor, Hubtown Solaris, Off N.S.Phadke Marg, Saiwadi, Andheri (E), Mumbai, Maharashtra, India, 400069
Tel No.: +91 98199 68855
Email: info@shivamchem.com
Website: www.shivamchem.com
Contact Person: Rishita Taparia, Company Secretary and Compliance Officer
Corporate Identity Number : U24100MH2010PLC208870
Our Promoters: Sanjiv Girdharlal Vasant, Soham Sanjiv Vasant and Shivam Sanjiv Vasant

Shivam Chemicals IPO Registrar

Cameo Corporate Services Limited

Registered Office: Subramanian Building, No. 1, Club House Road, Chennai – 600 002.
Tel.: +91 – 44 – 40020700 (5 Lines)
E-mail: priya@cameoindia.com
Investor Grievance Email: investor@cameodina.com
Website: www.cameoindia.com
Contact Person: K. Sreepriya
SEBI Registration. No.: INR000003753

Shivam Chemicals IPO Lead Manager

Registered Office: 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg Fort, Mumbai – 400 001
Tel No.: +91 22 6216 6999
Email: ipo@afsl.co.in
Website: www.afsl.co.in
Investor Grievance Email: feedback@afsl.co.in
Contact Person: Vatsal Ganatra/ Jigar Bhanushali
SEBI Registration No. INM000011344

Shivam Chemicals IPO FAQs