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Shivam Chemicals Limited IPO Date, Price, Review and Details

 

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Shivam Chemicals Limited IPO

April 23, 2024 - April 25, 2024 Closed

Shivam Chemicals Limited IPO

Shivam Chemicals Limited IPO was engaged in manufacturer of Hydrated Lime and distributor of various products. They make hydrated lime and sell various products like poultry feed supplement, di-calcium phosphate, magnesium oxide, and limestone powder. With their expertise, they’ve created a strong sales network across India and distribute animal feed from top manufacturers. Their Strengths are Well educated and experienced board of directors and management team, In house manufacturing through 100% owned subsidiary, Technological competitive advantage, Their Strategies are Continue to focus on maintaining operational efficiency and profitability, Continue to focus on quality, environment, health and safety.

Company Promoters:

  • Sanjiv Girdharlal Vasant
  • Soham Sanjiv Vasant
  • Shivam Sanjiv Vasant

Objects of this Issue:

  • Funding Working capital requirements in their Company.
  • Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt Ltd. for financing the augmentation of its working capital capabilities.
  • General Corporate Purpose.

Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2022

As on 31 Mar 2021

As on 31 Mar 2020

Total Assets

3,117.11

2,368.55

993.66

Total Liabilities

2,160.88

1,397.14

465.95

Net Profit

357.44

443.70

86.50

Shivam Chemicals Limited IPO Details

Issue Open

23 April 2024

Issue Close

25 April 2024

IPO Price

₹44 per equity share

Face Value

₹10 per equity share

IPO Size

₹20.18 Cr.

Listing At

BSE, SME

IPO Lot Size

₹3000 Shares

 

Shivam Chemicals Limited IPO Schedule

1.     Bid or Offer Opens on: 23rd April 2022
2.     Bid or Offer Closes on:  25th April 202
3.     Finalization of BoA: 26th April 2024
4.     Initiation of Refunds: 29th April 2024
5.     Credit of shares to Demat account: 29th April 2024
6.     Listing Date: 30th April 2024

Shivam Chemicals Limited IPO Lot Size

Market lot size of the Shivam Chemicals Limited IPO is 6000 shares. Minimum and Maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  3000

₹132,000

Maximum

1

  3000

₹132,000

S-HNI(Minimum)

2

  6,000

₹264,000

 



Company Contact Details:

Shivam Chemicals Limited IPO

Office No. 108, 1st Floor, Hubtown Solaris,

Off N.S.Phadke Marg, Saiwadi, Andheri (E),

Mumbai, Maharashtra, India, 400069

Phone:  +91 98199 68855

Email:  info@shivamchem.com

Website:   www.shivamchem.com

 

Shivam Chemicals Limited IPO Registrar Details:

CAMEO CORPORATE SERVICES LIMITED

Subramanian Building, No. 1, Club House Road, Chennai – 600 002.

Phone: +91 - 44 – 40020700  

Email:  priya@cameoindia.com

Website:  www.cameoindia.com

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