The Shivam Chemicals IPO commenced on April 23, 2024, and concluded on April 25, 2024. The allotment of shares took place on April 26, 2024, and the initiation of refunds began on April 29, 2024. The shares were credited to the demat accounts of investors on April 29, 2024. Finally, the listing of Shivam Chemicals on the stock exchange occurred on April 30, 2024.
The Shivam Chemicals IPO was priced at ₹44 per share, with a lot size of 3000 shares. The total issue size was ₹20.18 crores, comprising a fresh issue of ₹20.18 crores. The IPO was listed on the BSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Shivam Chemicals IPO Basic Details
| Company Name | Shivam Chemicals Limited |
| Domain of Company | Chemical Company |
| Shivam Chemicals IPO GMP Today | ₹0 |
| Shivam Chemicals IPO Listing Gain | 0.00% |
| Shivam Chemicals IPO Open Date | April 23, 2024 |
| Shivam Chemicals IPO Close Date | April 25, 2024 |
| Shivam Chemicals IPO Allotment Date | April 26, 2024 |
| Shivam Chemicals IPO Listing Date | April 30, 2024 |
| Face Value | ₹10 per share |
| Price | ₹44 per share |
| Lot Size | 3000 Shares |
| Issue Size | 4,587,000 shares of ₹10 (aggregating up to ₹20.18 Cr) |
| Fresh Issue | 4,587,000 shares of ₹10 (aggregating up to ₹20.18 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Sanjiv Girdharlal Vasant, Soham Sanjiv Vasant and Shivam Sanjiv Vasant |
Shivam Chemicals IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹0 | 0.00% | – | – |
| 22 April 2024 | ₹0 | 0.00% | – | – |
| 21 April 2024 | ₹0 | 0.00% | – | – |
| 20 April 2024 | ₹0 | 0.00% | – | – |
Shivam Chemicals IPO Details:
Established in October 2010, Shivam Chemicals Limited is a company that makes Hydrated Lime (also known as Calcium Hydroxide) and deals in various other products such as Poultry Feed Supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, and Limestone Powder. Since its inception, the company has provided over 250,000 metric tons of different products to its customers.
Here are the main products offered by the company:
- Poultry Feed Supplements
- Di-calcium Phosphate
- Magnesium Oxide
- Limestone Powder
- Hydrated Lime (Calcium Hydroxide)
The company has a subsidiary called Shivam Chemicals and Minerals Private Limited, situated in Dahej, Gujarat. This subsidiary, with a production capacity of 60,000 metric tons, focuses on manufacturing hydrated lime (calcium hydroxide).
As of December 31, 2023, the total workforce of the company is 25, which includes 12 contract workers employed in their subsidiary, Shivam Chemicals and Minerals Private Limited.
Shivam Chemicals IPO More Details Click Here
Shivam Chemicals IPO FAQs
When is Shivam Chemicals IPO open?
Shivam Chemicals IPO will open on 23 April 2024.
When is Shivam Chemicals IPO Close?
Shivam Chemicals IPO will be closed on 25 April 2024.
What is Shivam Chemicals IPO GMP Today?
The Shivam Chemicals IPO GMP aka Grey Market Premium is ₹0.
What is Shivam Chemicals IPO Kostak Rates Today?
The Shivam Chemicals IPO Kostak Rate is ₹000.
What is Shivam Chemicals IPO Subject to Sauda Price Today?
The Shivam Chemicals IPO subject to sauda rates is ₹000.
Shivam Chemicals IPO Expected Returns?
The Shivam Chemicals expected return is 0.00%.
How much will be the listing gain in Shivam Chemicals IPO?
Shivam Chemicals IPO will get listing gain of 0.00%. (Approx.)
