Shivam Chemicals Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹44 - ₹44
- Lot size
- 3,000 shares
- Issue amount
- ₹20.18 cr
- Total subscription
- 6.66×
- Opens
- 23 Apr 2024
- Closes
- 25 Apr 2024
- Allotment
- 26 Apr 2024
- Listing
- 30 Apr 2024
Offer at a glance
Issue overview
- Issue size
- 45,87,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,32,000
- Fresh issue
- ₹20.18 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,32,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 1,24,00,000
- Shares after issue
- 1,69,87,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,32,000 |
| HNI | 2 | 6,000 | ₹2,64,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 9.58 | 85.14 |
| NIB | 9.58 | 42.49 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 0.57 | 89.36 | 110.93 |
| ROE | 5.13 | 31.55 | 59.2 |
| ROCE | 6.19 | 19.88 | 42.35 |
| RONW | 5.06 | 26.9 | 45.68 |
| PRE IPO(PE) | 3.9 | 0 | 0 |
| POST IPO(PE) | 15.26 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Shivam Chemicals Limited, formerly known as Sun Organosys Private Limited, has been a trusted player in the chemical manufacturing sector since its inception in 2010. Specializing in the production of poultry feed supplements, Di Calcium Phosphate (Feed Grade), Mono Calcium Phosphate (MCP), Limestone Powder, Soya De-Oiled Cake, and Magnesium Oxide for cattle, the company has built a strong reputation for quality and reliability. With a robust marketing network, it has successfully distributed over 2.50 Lakh metric tons of products, exceeding INR 7,500 million in cumulative value. Committed to continuous growth, Shivam Chemicals has expanded its operations through strategic initiatives, including the establishment of a wholly-owned subsidiary with substantial manufacturing capacity in Dahej, Gujarat. Accredited by top international regulatory authorities and equipped with state-of-the-art machinery, the company remains dedicated to innovation, quality, and customer satisfaction, forging lasting partnerships in the global market.
Strengths
- Strong Manufacturing Control: Owning the entire production process helps maintain quality, improve efficiency, and reduce costs.
- Experienced Leadership: A skilled and knowledgeable management team makes smart decisions and ensures smooth operations.
- Technology Advantage: Using advanced technology boosts efficiency, improves quality, and keeps the company ahead of the competition.
Risk factors
- High Investment Requirement: The manufacturing process needs a lot of capital, which can be risky if funding falls short.
- Market Dependency: Earnings depend on demand for animal feed nutrients and chemicals, so a drop in demand could impact financial performance.
- Cash Flow Challenges: Past and possible future cash shortages may affect liquidity, making it harder to grow and stay financially strong.
Promoters
Sanjiv Girdharlal Vasant
Soham Sanjiv Vasant
Shivam Sanjiv Vasant
Registrar & documents
Lead manager
Aryaman Financial Services Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office No. 108, 1st Floor, Hubtown Solaris, Off N.S.Phadke Marg, Saiwadi, Andheri (E) Mumbai-400069
+91 98199 68855
[email protected]Company website ↗Understanding SHIVAM IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.