Shiv Texchem Limited – IPO

The IPO of Shiv Texchem is a book-built issue totaling ₹101.35 crores, consisting entirely of a fresh issue of 61.06 lakh shares.

The subscription period for the Shiv Texchem IPO will open on October 8, 2024, and close on October 10, 2024. Allotment is expected to be finalized on October 11, 2024, with a tentative listing date on BSE SME set for October 15, 2024.

The price band for the IPO is established at ₹158 to ₹166 per share. The minimum lot size for application is 800 shares, requiring a minimum investment of ₹132,800 for retail investors. For HNIs, the minimum investment involves 2 lots (1,600 shares), totaling ₹265,600.

Refer to Shiv Texchem IPO DRHP for detailed information.

Shiv Texchem Limited – IPO Details

IPO Date October 8, 2024 to October 10, 2024
Listing Date October 15, 2024
Face Value ₹ 10 / Share
Price Band ₹ 158 to ₹ 166 / Share
Lot Size 800 Shares
Total Issue Size ₹101.35 Cr
Fresh Issue ₹101.35 Cr
Offer for Sale
Employee Discount
Issue Type Book Built Issue IPO
Listing At BSE SME
Share holding pre issue 100.00%
Share holding post issue
Market Maker portion 305,600 shares

Shiv Texchem Limited Timeline (Tentative Schedule)

Shiv Texchem Limited IPO opens on October 8, 2024, and closes on October 10, 2024.

IPO Open Date October 8, 2024
IPO Close Date October 10, 2024
Basis of Allotment October 11, 2024
Initiation of Refunds October 14, 2024
Credit of Shares to Demat October 14, 2024
Listing Date October 15, 2024
Cut-off time for UPI mandate confirmation October 10, 2024

Shiv Texchem Limited IPO Lot Size

Investors can place bids for a minimum of 800 shares and in multiples thereafter. The table below illustrates the minimum and maximum investment amounts for retail investors and HNIs, presented in terms of shares and total investment.

Application Lots Shares Amount
Retail (Min) 1 800 Rs.132,800
Retail (Max) 1 800 Rs.132,800
S-HNI (Min) 1 800 Rs.132,800
S-HNI (Max)
B-HNI (Min)
HNI (Min)

Shiv Texchem Limited IPO Promoter Holding

Share Holding Pre Issue
Share Holding Post Issue

Shiv Texchem Limited IPO Reservation

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered Not more than 50.00% of the Net Issue
NII (HNI) Shares Offered Not less than 15.00% of the Net Issue
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered
Employee Shares Offered Not less than 35.00% of the Net Issue
Total Shares Offered

Shiv Texchem Limited IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Shiv Texchem Limited

Shiv Texchem Limited, established in 2005, specializes in importing and distributing hydrocarbon-based secondary and tertiary chemicals, crucial raw materials for various industries.

The company focuses on a range of chemicals from the Acetyls, Alcohol, Aromatics, Nitriles, Monomers, Glycols, Phenolic, Ketones, and Isocyanates product families. These chemicals serve as essential feedstocks for industries such as paints and coatings, printing inks, agrochemicals, specialty polymers, pharmaceuticals, and industrial specialty chemicals. Shiv Texchem procures these chemicals from international manufacturers and suppliers, ensuring timely and adequate supplies to domestic manufacturers.

Key Performance Indicator

KPI Values
ROE
ROCE
Debt/Equity
RoNW
P/BV
PAT Margin (%)
  Pre IPO Post IPO
EPS (Rs)
P/E (x)

Objects of the Issue (Shiv Texchem Limited IPO Objectives)

The gross proceeds raised through the issue are intended to be utilized by the company for the following objectives:

  • Meeting long-term working capital requirements
  • Addressing general corporate purposes

Shiv Texchem Limited Contact Details

Shiv Texchem Limited

Kamla Space, Unit no. 216,

2nd Floor Khira Nagar TPS III,

S.V. Road, Santacruz (West) Mumbai - 400054

Phone: +91 96195 11788

Email: cs@shivtexchem.com

Website: http://www.shivtexchem.com/

Shiv Texchem Limited IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: shivtexchem.smeipo@linkintime.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

Frequently Asked Questions


What is Shiv Texchem Limited IPO?
The Shiv Texchem Limited IPO is classified as an Mainline IPO. The issue price is set between ₹158 and ₹166 per equity share. A minimum of 800 shares is required per order. The IPO will be open from October 8, 2024, to October 10, 2024. The shares are proposed to be listed on BSE SME.

When does the Shiv Texchem Limited IPO open and close?
The Shiv Texchem Limited IPO will be opened on October 8, 2024, and closed on October 10, 2024.

What is the issue size of the Shiv Texchem Limited IPO?
The size of the Shiv Texchem Limited IPO is in total. A fresh issue of ₹101.35 Cr shares, aggregating up to , is included.

What is the price band of the Shiv Texchem Limited Limited IPO?
The price band for the IPO has been set between ₹158 - ₹166 per equity share.

What is the allotment date of the Shiv Texchem Limited IPO?
The share allotment date for the Shiv Texchem Limited IPO is set for October 11, 2024.

What is the Shiv Texchem Limited listing date?
The Shiv Texchem Limited IPO is scheduled to be listed on October 15, 2024.

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