Shivam Chemicals Ltd IPO
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Shivam Chemicals Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 45.87 L | TBA | ₹ 21.78 L | ₹ 105.4 L | BSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 23 Apr, 24 | 25 Apr, 24 | 3000 | TBA | Fixed Price - SME | 30 Apr, 24 |
Shivam Chemicals Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Trading |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 6000 |
| NII | 4.43x | 2178000 | 9651000 |
| Retail | 8.88x | 2178000 | 19350000 |
| Employee | 0x | 0 | 0 |
| Total | 6.32x | 4587000 | 29007000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Shivam Chemicals Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 146.54 | 156.52 | 6.08 |
| EBITDA | 2.98 | 5.25 | 6.18 |
| PAT | 2.01 | 3.72 | 4.49 |
| Total Assets | 32.04 | 21.64 | 20.63 |
| Share Capital | 12.40 | 0.40 | 0.40 |
| Total Borrowings | 16.99 | 9.49 | 6.45 |
| Operating Activities (Net Cash) | 2.08 | 3.81 | 4.59 |
| Investing Activities (Net Cash) | 1.50 | 1.50 | 0.05 |
| Financing Activities (Net Cash) | 16.99 | 9.49 | 6.45 |
| Net Cashflow | 0.12 | 0.14 | 0.22 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Shivam Chemicals Ltd
Shivam Chemicals Limited was incorporated as Sun Organosys Private Limited on October 12, 2010 under the provisions of Companies Act, 1956 with the Registrar of Companies, Mumbai bearing Registration number 208870. The name of the Company was changed to Shivam Chemicals Private Limited vide Ordinary Resolution dated January 17, 2012 and a fresh certificate of incorporation consequent to conversion was issued on January 30, 2012 by the Registrar of Companies, Mumbai. Thereafter, the status of the Company was changed to Public Limited and the name of the Company was changed to Shivam Chemicals Limited vide Specia l Resolution dated November 04, 2023 and a fresh certificate of incorporation consequent to conversion was issued on November 21, 2023 by the Registrar of Companies, Mumbai. The Corporate Identification Number of the Company is U24100MH2010PLC208870.
The Company operates in the animal feed industry.
Shivam Chemicals Limited is a manufacturer of Hydrated Lime (Calcium Hydroxide) & a distributor of various products such as Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, etc With rich experience and knowledge we have built a well-established marketing network across India and the company distributes animal feed products for various well renowned manufacture over the years, it has successfully supplied an impressive quantity of over 2.50 Lakh metric tons of various products, reflecting its commitment to meeting the demands of the market. The cumulative value of these supplied products has exceeded INR 7,500 million, underscoring our financial significance in the sector. With an average monthly sales volume of 2,650 metric tons, the company maintains a consistent presence and contribute to the steady flow of products in the market. Its journey began with a primary focus on animal feed supplement trading till FY 2022-23 and its evolution into manufacturing is happened through the establishment of a 100% owned subsidiary. Its wholly owned subsidiary company Shivam Chemicals and Minerals Private Limited is located at Dahej Gujarat with a manufacturing capacity of 60,000 MT. They are engaged in manufacturing of Hydrated lime (Calcium hydroxide) product.
Peer Comparison:
- Narmada Agrobase Ltd
- Godrej Agrovet Ltd
Shivam Chemicals Ltd IPO Key Points
Strengths
- In house manufacturing through 100% owned subsidiary.
- Well educated and experienced board of directors and management team.
- Technological competitive advantage.
- Logistic Efficiency.
Risk
- The company derives revenue from distribution of animal feed nutrients and chemical products with preserving quality of the highest international standards and any reduction in demand or in the production of such products could have an adverse effect on its business, results of operations and financial condition.
- 100% Trading activities till FY 22-23 in holding company and started manufacturing activity in its wholly owned subsidiary company from FY 23-24, diversification into manufacturing could lead to increased costs, resource allocation issues, and potential conflicts of interest between the two entities.
- Manufacturing activity is carried out by the subsidiary company & they have recently started its manufacturing activity of producing hydrated lime product.
Strategy
- Its manufacturing capacities in existing product categories is to leverage industry growth driver.
- Continue to focus on maintaining operational efficiency and profitability.
- Continue to build its domestic customer base and enter new geographical market.
- Continue to focus on quality, environment, health and safety.
- In house manufacturing through 100% owned subsidiary.
- Well educated and experienced board of directors and management team.
- Technological competitive advantage.
- Logistic Efficiency.
How To Apply for Shivam Chemicals Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
