The Shivam Chemicals IPO started on April 23, 2024, and ended on April 25, 2024. Shares were allocated on April 26, 2024, and refund processes began on April 29, 2024. On April 29, 2024, the shares were credited to investors demat accounts. Shivam Chemicals was officially listed on the stock exchange on April 30, 2024.
During the IPO, Shivam Chemicals offered shares at a price range of ₹44 per share, and the lot size was 3000 shares. The total issue size was ₹20.18 crores, with ₹20.18 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Shivam Chemicals IPO Subscription Update Video
Shivam Chemicals IPO Subscription Status
The Shivam Chemicals IPO on April 25, 2024 was subscribed 6.61 times, with the retail category being subscribed 8.88 times, the other category being subscribed 4.33 times.
| Category | Subscription |
| Other | 4.33x |
| Retail | 8.88x |
| Total | 6.61x |
Shivam Chemicals IPO Basic Details
| Company Name | Shivam Chemicals Limited |
| Domain of Company | Chemical Company |
| 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 |
About Shivam Chemicals Limited
Founded in October 2010, Shivam Chemicals Limited is a company that makes stuff like Hydrated Lime (which is basically Calcium Hydroxide) and sells a bunch of other products like Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, and more. So far, they’ve supplied over 250,000 metric tons of different products.
Here’s what they offer:
- Poultry Feed Supplements
- Di-calcium Phosphate
- Magnesium Oxide
- Limestone Powder
- Hydrated Lime (Calcium Hydroxide)
They’ve also got a little sister company called Shivam Chemicals and Minerals Private Limited, chilling out in Dahej, Gujarat. This place can make up to 60,000 metric tons of hydrated lime (calcium hydroxide).
As of December 31, 2023, the whole gang at Shivam Chemicals Limited, including their sister company, has 25 employees. Out of these, 12 are contract workers at their subsidiary Shivam Chemicals and Minerals Private Limited.
Shivam Chemicals IPO Should you subscribe?
Shivam Chemicals IPO More Details Click Here
Shivam Chemicals IPO FAQs
What is the start and end date of Shivam Chemicals IPO Subscription?
The Shivam Chemicals IPO started on April 23, 2024, and ended on April 25, 2024.
When does Shivam Chemicals IPO Subscription open?
The Shivam Chemicals IPO open on April 23, 2024.
When does Shivam Chemicals IPO Subscription close?
The Shivam Chemicals IPO Close on April 25, 2024.
What is the allotment date of Shivam Chemicals IPO?
The allotment date for Shivam Chemicals IPO is April 26, 2024.
When is the initial refund date of Shivam Chemicals IPO?
The initial Refund date for Shivam Chemicals IPO is April 29, 2024.
When were the shares credited to investors demat accounts for the Shivam Chemicals IPO?
The shares for the Shivam Chemicals IPO were credited to investors demat accounts on April 29, 2024.
When will Shivam Chemicals IPO be listed on the stock market?
Shivam Chemicals IPO stock market will be listed on April 30, 2024 at 10 am.
What was the price range of the Shivam Chemicals IPO shares?
The Shivam Chemicals IPO shares were offered at a price range of ₹44 per share.
What was the lot size for the Shivam Chemicals IPO shares?
The lot size for the Shivam Chemicals IPO shares was 3000 shares.
What was the total issue size of the Shivam Chemicals IPO?
The total issue size of the Shivam Chemicals IPO was ₹20.18 crores.
How were the shares allocated among different types of investors for the Shivam Chemicals IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Shivam Chemicals IPO listed?
The Shivam Chemicals IPO was listed on the BSE SME.
What is the Shivam Chemicals IPO Subscription Status?
Shivam Chemicals IPO is subscribed 6.61 Times.
