Shivam Chemicals Limited IPO

Incorporated in October 2010, Shivam Chemicals Limited produces Hydrated Lime (Calcium Hydroxide) and distributes various products including Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, and more. The company has supplied over 250,000 metric tons of various products.

The product portfolio of the company includes:

  • Poultry Feed Supplements
  • Di-calcium Phosphate
  • Magnesium Oxide
  • Limestone Powder
  • Hydrated Lime (Calcium Hydroxide)

Shivam Chemicals and Minerals Private Limited is a wholly owned subsidiary located in Dahej, Gujarat, with a manufacturing capacity of 60,000 MT. It specializes in producing hydrated lime (calcium hydroxide).

On December 31, 2023, the company has a total of 25 employees, including 12 contract workers in their subsidiary Shivam Chemicals and Minerals Private Limited.
 

Shivam Chemicals Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets3,881.923,117.11
Revenue10,710.7015,658.34
Profit After Tax70.79357.44
Net Worth1,399.641,328.35
Reserves and Surplus159.641,288.85
Total Borrowing1,638.201,351.37
Amount in ₹ Lakhs

Objects of the Issue (Shivam Chemicals IPO Objectives)

The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects.

  1. Funding Working capital requirements in our Company;
  2. Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt Ltd. for financing the augmentation of its working capital capabilities
  3. General Corporate Purpose

Shivam Chemicals IPO Timeline (Tentative Schedule)

Shivam Chemicals IPO opens on April 23, 2024, and closes on April 25, 2024.

IPO Open DateTuesday, April 23, 2024
IPO Close DateThursday, April 25, 2024
Basis of AllotmentFriday, April 26, 2024
Initiation of RefundsMonday, April 29, 2024
Credit of Shares to DematMonday, April 29, 2024
Listing DateTuesday, April 30, 2024
Cut-off time for UPI mandate confirmation5 PM on April 25, 2024

SHARIAH SCREENING for - Shivam Chemicals Limited IPO

BUSINESS SCREEN

FINANCIAL RATIOS

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