Shiv Texchem IPO
Open SmeCurrent GMP
₹65 (+39.16%)
Price Band
₹ 158 – 166
Lot Size
800
Issue Size
₹101.35 Cr
Minimum Investment
₹265600 (1600 Shares)
Listing Date
15 October 2024
Subscription
156.63x
About the Company
Incorporated on March 31, 2005, Shiv Texchem Limited is primarily engaged in the business of importing and distribution of hydrocarbon-based chemicals of the product family viz. Acetyls, Alcohol, Aromatics, Nitriles, Monomers, Glycols Phenolic, Ketones, and Isocyanates, which are critical raw materials and inputs and have application across wide spectrum of industries like paints and coatings, printing inks, agro-chemical products, specialty polymers, pharmaceuticals products and specialty industrial chemicals.
Company sourcing these chemicals from international producers and suppliers, redistributing them to domestic industries, and ensuring sufficient and timely supply to manufacturers.
Shiv Texchem sources chemicals from China, Taiwan, South Korea, Kuwait, Qatar, USA, Netherlands, Belgium, and Italy amongst others, and supplies to a diverse range of customers such as Apcotex Industries, Hemani Industries, Gujarat Fluorochemicals amongst others.
Promoters
Company's promoters.
- Vikas Pavankumar
- Hemanshu S. Chokhani
- Pavankumar Sanwaria Realty Private Limited
- Hemanshu Syntex Private Limited
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Objects of the Issue
The Company intends to utilize the gross proceeds raised through the Issue (“Gross Proceeds”), after deducting
the Issue related expenses (“Net Proceeds”), for the following objects:
1. To meet long-term working capital requirements; and
2. General Corporate Purposes.
Address / Contact Info
Shiv Texchem Limited
Kamla Space, Unit no. 216, 2nd Floor
Khira Nagar TPS III, S.V. Road, Santacruz
(West) Mumbai – 400054,
Maharashtra,India.
Phone: +91 96195 11788
Email: cs@shivtexchem.com
Website: http://www.shivtexchem.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 08 October 2024
IPO Close Date
Thursday, 10 October 2024
Basis of Allotment
Friday, 11 October 2024
Initiation of Refunds
Monday, 14 October 2024
Credit of Shares to Demat
Monday, 14 October 2024
Listing Date
Tuesday, 15 October 2024 — NSE & BSE
Important Dates
Open Date
08 October 2024
Close Date
10 October 2024
Basis Of Allotment
11 October 2024
Listing Date
15 October 2024
Financial Performance (₹ in Crores)
| Particular | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 85483.43 | 79868.05 | 60234.98 | 42543.57 |
| Revenue | 56707.83 | 153668.79 | 111866.98 | 86547.46 |
| Profit After Tax | 1005.89 | 3011.3 | 1602.72 | 1386.48 |
| Net Worth | 20293.58 | 19287.69 | 12276.39 | 10673.68 |
| Reserve & Surplus | 20080.25 | 19074.36 | 12116.39 | 10513.68 |
| Total Borrowings | 27085.63 | 29665.25 | 32914.39 | 12034.33 |
EPS Pre
17.64%
EPS Post
13.00%
P/E Pre
9.41
P/E (Post Issue)
12.77x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of June 30, 2024. |
|---|---|
| ROE % | 5.08 |
| ROCE % | 7.16 |
| Debt / Equity | 1.33 |
| RoNW % | 5.08 |
| PbW | 1.47 |
| Pat Margin % | 1.78 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 1739200 | 28.49 | 0 |
| Market Maker | 305600 | 5.01 | 0 |
| Qualified Institutions | 1160000 | 19 | 0 |
| Non-Institutional | 870400 | 14.26 | 0 |
| Retail Investors | 2030400 | 33.25 | 0 |
| Total | 6105600 | 100 | 0 |
Subscription Status ( Thu, 10 Oct 24 01:21 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1160000 | 100576800 | 86.7x |
| Non-Institutional | 870400 | 396842400 | 455.93x |
| Retail Investors | 2030400 | 138616800 | 68.27x |
| Total | 4060800 | 636036000 | 156.63x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | 132,800.00 |
| Retail (Max) | 1 | 800 | 132,800.00 |
| S-HNI (Min) | 2 | 1,600 | 265,600.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Vivro Financial Services Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Shiv Texchem IPO is a Book-building IPO worth ₹101.35 crores. The price band is ₹158 to 166 per share. The IPO opens on Tue, Oct 8, 2024 and closes on Thu, Oct 10, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Shiv Texchem IPO opens on Tue, Oct 8, 2024 and closes on Thu, Oct 10, 2024
Shiv Texchem IPO Price Band is ₹158 to 166.
Shiv Texchem IPO lot size is 800, and the minimum amount required for application is ₹265600.
The minimum investment for Shiv Texchem IPO is approximately ₹265600 based on the upper price band.
To apply for the Shiv Texchem IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Oct 10, 2024. After submission, funds are blocked until the basis of allotment of Shiv Texchem IPO is finalised.
Shiv Texchem IPO issue size is ₹101.35 crores.
Shiv Texchem IPO allotment date is Sat, Jun 27, 2026.
The registrar for Shiv Texchem IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Shiv Texchem IPO through their official website or helpline.
The Shiv Texchem IPO GMP (Grey Market Premium) is ₹65 as of Tue, Oct 15, 2024. Based on the upper price band of ₹166 per share, the estimated Shiv Texchem IPO listing price is ₹231, indicating a potential listing gain of approximately 31% over the issue price.