Shivam Chemicals Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

23 Apr 2024

Close Date

25 Apr 2024

Allotment

26 Apr 2024

Listing Date

30 Apr 2024

Exchange

BSE SME

Price Band

₹44

Listing Price

See chart

Allotment Status

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Price Band

₹44

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

45,87,000 shares (aggregating up to ₹20.18 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹132,000

1 lot

Pre-IPO Holding

1,24,00,000 shares

Promoters

Post-IPO Holding

1,69,87,000 shares

Promoters

P/E (Pre)

15.26x

P/E (Post)

79.19x

EPS (Pre)

₹2.88

EPS (Post)

₹0.56

UPI Deadline

2024-04-25

Mandate

Anchor AllotmentMon, 22 Apr 2024

Basis of AllotmentFri, 26 Apr 2024

Refund InitiationMon, 29 Apr 2024

Demat CreditMon, 29 Apr 2024

Listing DayTue, 30 Apr 2024

UPI Mandate Deadline2024-04-25

Sale TypeFresh Capital

Net Offer to Public43,56,000 shares (aggregating up to ₹19.17 Cr)

Market Maker Quota2,31,000 shares (aggregating up to ₹1.02 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Shivam Chemicals Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Apr 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	231,000	—	₹1.02
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,587,000	100%	₹20.18

IPO Shares Offered

Shivam Chemicals Ltd IPO total issue size: ₹20.18 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	231,000	₹1.02	5.04%
Total	4,587,000	₹20.18	100.00%

* Based on upper price band ₹44 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹44.00

Upper Band

Min Investment

₹132,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹264,000
Retail (Max — 13 Lots)	13	39,000	₹1,716,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,848,000
B-HNI (Min — 68 Lots)	68	204,000	₹8,976,000

* Issue Price ₹44 × Lot Size 3,000 shares

IPO Schedule

Anchor

22 Apr 2024

✓ Done

IPO Open

23 Apr 2024

✓ Done

IPO Close

25 Apr 2024

✓ Done

Allotment

26 Apr 2024

✓ Done

Refunds

29 Apr 2024

✓ Done

Demat Credit

29 Apr 2024

✓ Done

Listing Day

30 Apr 2024

✓ Done

₹44.00

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Issue ₹44.00 Live Price

About Shivam Chemicals Ltd

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 SupplementsDi-calcium PhosphateMagnesium OxideLimestone PowderHydrated 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.

Objects of the 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 Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

N/A

FY 2022-23

₹15,658.3

31 Mar 2023

₹10,710.7

31 Dec 2023

Profit After Tax (PAT)

N/A

FY 2022-23

₹357.4

31 Mar 2023

₹70.8

31 Dec 2023

Particulars	31 Dec 2023	31 Mar 2023	FY 2022-23
Revenue from Operations	10710.70	15658.34	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	70.79	357.44	N/A
Net Worth	1399.64	1328.35	N/A
Total Assets	3881.92	3117.11	N/A
Reserves & Surplus	159.64	1288.85	N/A
Borrowings	1638.20	1351.37	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

P/BV Ratio

3.90

RoE

5.13%

RoCE

6.19%

RoNW

5.06%

Debt/Equity

1.17

Issue Structure & Shareholding

Total Shares Offered45,87,000 (100.00%)

Net Offer to Public43,56,000 shares (aggregating up to ₹19.17 Cr)

Reserved for Market Maker2,31,000 shares (aggregating up to ₹1.02 Cr)

Pre-Issue Promoter Holding1,24,00,000 shares

Post-Issue Promoter Holding1,69,87,000 shares

P/BV Ratio3.90

RoE5.13%

RoCE6.19%

Debt / Equity1.17

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Cameo Corporate Services Ltd

+91-44-28460390

priya@cameoindia.com

https://ipo.cameoindia.com/

Check Allotment

Book Running Lead Managers

Aryaman Financial Services Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Shivam Chemicals Ltd IPO subscribed? ▲

Shivam Chemicals Ltd IPO is subscribed 1.00 times by Apr 25, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Shivam Chemicals Ltd IPO retail subscription status? ▼

The Shivam Chemicals Ltd IPO retail category is subscribed 1.00 times as of 25 Apr 2024. The retail portion is oversubscribed.

How to subscribe Shivam Chemicals Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 23 Apr 2024 and closes 25 Apr 2024. Min investment: ₹132,000 (1 lot = 3,000 shares). UPI mandate: 2024-04-25.

How many times Shivam Chemicals Ltd IPO subscribed? ▼

The Shivam Chemicals Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Shivam Chemicals Ltd IPO allotment? ▼

Check allotment on the registrar website (Cameo Corporate Services Ltd) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 26 Apr 2024. Refunds: on 29 Apr 2024.

When Shivam Chemicals Ltd IPO will be listed? ▼

The Shivam Chemicals Ltd IPO listing date is 30 Apr 2024, Tuesday. Listed on: BSE SME. Issue price: ₹44. Estimated listing: ₹44. GMP: NIL.

When Shivam Chemicals Ltd IPO close? ▼

The Shivam Chemicals Ltd IPO closes on 25 Apr 2024, Thursday. UPI mandate: 2024-04-25. Allotment: 26 Apr 2024. Listing: 30 Apr 2024.

Quick Actions

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Live Price LIVE

Last Price₹44.00

Change—

Issue Price₹44.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹44

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹132,000

GMPNIL

Est. Listing₹44

Subscribed1.00x

Open Date23 Apr 2024

Close Date25 Apr 2024

Allotment26 Apr 2024

Listing Date30 Apr 2024

ExchangeBSE SME

UPI Deadline2024-04-25