Shiv Texchem IPO Details
The Shiv Texchem IPO is a book build issue with a total issue size of ₹101.35 cr, comprising of fresh issue of 6105600 equity shares. Shiv Texchem IPO opened for subscription on Oct 08, 2024 and closed on Oct 10, 2024. Shiv Texchem IPO is set price band at ₹158 to ₹166 per share, with a lot size of 800 shares. Minimum investment for Retail investors was ₹265,600.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Oct 11, 2024, and listed on both the NSE and BSE on Oct 15, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Vivro Financial Services Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Shiv Texchem IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 158 – 166
- Lot Size
- 800
- Issue Size
- ₹101.35 Cr
- Minimum Investment
- ₹265600 (1600 Shares)
- Listing Date
- 15 October 2024
Current GMP
₹65 (+39.16%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Shiv Texchem Limited
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.
Shiv Texchem IPO 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%
Shiv Texchem IPO Objective
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
Book Running Lead Managers
- Vivro Financial Services Private Limited
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 with a total issue size of ₹101.35 crore. The Shiv Texchem IPO price band is ₹158 to 166 per share. The Shiv Texchem IPO subscription opens on Tue, Oct 8, 2024, and closes on Thu, Oct 10, 2024. The Shiv Texchem IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Shiv Texchem IPO.
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 per share.
Shiv Texchem IPO lot size is 800 shares, Retail investors need a minimum investment of ₹265600 based on the upper price band
The minimum investment for Shiv Texchem IPO is ₹265600, based on one lot of 800 shares at the upper price band of ₹166 per share.
Investors can apply for the Shiv Texchem IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Oct 10, 2024. The application amount remains blocked until the Shiv Texchem IPO allotment is finalized.
Shiv Texchem IPO issue size is ₹101.35 crores.
Shiv Texchem IPO allotment date is Wed, Jul 1, 2026.
The registrar for Shiv Texchem IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Shiv Texchem IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.