Shiv Texchem Limited launched its IPO on October 8, 2024. The Shiv Texchem IPO is a book-built issue that aims to raise ₹101.35 crores through a fresh issue of 61.06 lakh shares. With its IPO segment, the company plans to raise ₹101.35 crores by offering 61.06 lakh shares at a price between ₹158 and ₹166 each. Retail investors can participate with a minimum IPO lot size of 800 shares. The IPO allotment is expected on October 11, with a listing on the BSE SME set for October 15.
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Shiv Texchem SME IPO Details
| Detail | Information |
| IPO Opening Date | October 8, 2024 |
| IPO Closing Date | October 10, 2024 |
| Listing Date | October 15, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹158 to ₹166 per share |
| IPO Lot Size | 800 shares |
| Total Issue Size | 61,05,600 |
| Book Running Lead Manager | VIVRO FINANCIAL SERVICES PRIVATE LIMITED |
| IPO Segment | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 17,066,672 shares |
Shiv Texchem Limited| Company Overview
Shiv Texchem Limited, established in 2005, is a company that imports and distributes hydrocarbon-based secondary and tertiary chemicals, essential raw materials for various industries. It offers Acetyls, Alcohol, Aromatics, Nitriles, Monomers, etc.
Shiv Texchem is known to have built a strong relationships with customers and suppliers globally.
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Shiv Texchem Ltd IPO- Key Details
- Shiv Texchem IPO Opening Date: October 8, 2024
- Shiv Texchem IPO Closing Date: October 10, 2024
- Shiv Texchem Allotment Date: October 11, 2024
- Shiv Texchem IPO Price Band: ₹158 to ₹166 per share
- Shiv Texchem IPO Lot Size: 800 shares
- IPO Refunds Initiated: October 14, 2024
- Shares Credited to Demat: October 14, 2024
- IPO Listing Date: October 15, 2024
Shiv Texchem Ltd: Financial Overview
Shiv Texchem Limited has shown notable growth in its financial performance, with a revenue increase of 37% and profit after tax (PAT) rising by 88%.
| Period Ended | Revenue (₹ Lakhs) | Profit After Tax (₹ Lakhs) | Net Worth (₹ Lakhs) |
| 30 Jun 2024 | 56,707.83 | 1,005.89 | 20,293.58 |
| 31 Mar 2024 | 1,53,668.79 | 3,011.3 | 19,287.69 |
| 31 Mar 2023 | 1,11,866.98 | 1,602.72 | 12,276.39 |
| 31 Mar 2022 | 86,547.46 | 1,386.48 | 10,673.68 |
Shiv Texchem Limited IPO: SWOT Analysis
Shiv Texchem IPO presents a significant opportunity for investors.
The company has established a diverse and comprehensive supply chain solution in the chemical sector. A well-diversified product portfolio with extensive supplier networks and long-standing customer relationships.
However, the fluctuating prices of imported chemicals may affect profitability.
FAQs | Shiv Texchem Ltd IPO
Shiv Texchem Limited, founded in 2005, imports and distributes hydrocarbon-based chemicals. It imports a wide range of products, including Acetyls and Phenolics.
The IPO bidding date for the Shiv Texchem SME IPO is from October 8, 2024, to October 10, 2024.
The IPO lot size for Shiv Texchem is 800 shares.
The Shiv Texchem SME IPO launch date is October 8, 2024, and it will remain open for subscription until October 10, 2024.
You can check the allotment of IPO shares through the official registrar’s website.
The IPO allotment is expected to be finalized on Friday, October 11, 2024.
The IPO face value is set at ₹10 per share.
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