Shiv Texchem IPO Details
| IPO Open Date: | October 8, 2024 |
| IPO Close Date: | October 10, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹158 to ₹166 Per Share |
| Issue Size: | Approx ₹101.35 Crores |
| Fresh Issue: | Approx ₹101.35 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Shiv Texchem IPO IPO Market Lot
The Shiv Texchem IPO minimum market lot is 800 shares with ₹132,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 800 | ₹132,800 |
| Retail Maximum | 1 | 800 | ₹132,800 |
| S-HNI Minimum | 2 | 1,600 | ₹265,600 |
Shiv Texchem IPO Dates
The Shiv Texchem IPO date is October 8 and the close date is October 10. The Shiv Texchem IPO allotment will be finalized on October 11 and the IPO listing on October 25.
| IPO Open Date: | October 8, 2024 |
| IPO Close Date: | October 10, 2024 |
| Basis of Allotment: | October 11, 2024 |
| Refunds: | October 14, 2024 |
| Credit to Demat Account: | October 14, 2024 |
| IPO Listing Date: | October 15, 2024 |
Promoters of Shiv Texchem IPO
The promoters of the company are Vikas Pavankumar, Hemanshu S. Chokhani, Pavankumar Sanwaria Realty Private Limited, and Hemanshu Syntex Private Limited.
About Shiv Texchem IPO
Shiv Texchem Limited was established on March 31, 2005, as a private limited company under the Companies Act, 1956 registered with the Registrar of Companies, Mumbai. and is well-known for the business of importing and distributing hydrocarbon-based chemicals of the product family, moreover, it has the main role that sourcing these chemicals for overseas producers and suppliers and also redistributing them for domestic industries.
Alcohol, Aromatics, Monomers, and Isocyanates are the major raw materials that have been playing a major role in paint, printing inks, and agrochemical products.
Furthermore, the company has a substantial total income such as 1,53,668.79 lakhs for 2024,₹ 1,11,866.98 lakhs for the previous year, and ₹ 86,547.46 lakhs, for 2022. For the consumer’s satisfaction, it also has well educated team with extensive experience. Approximately 21 product portfolios have been enlarged in 2022 and 39 in 2024.
Shiv Texchem IPO Company Financial Report
The company reported revenue of ₹1536.69 crores in 2024 against ₹1118.67 crore in 2023. The company reported profit of ₹30.11 crores in 2024 against profit of ₹16.03 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹865.47 | ₹846.79 | ₹13.86 | ₹425.44 |
| 2023 | ₹1,118.67 | ₹1,097.13 | ₹16.03 | ₹602.35 |
| 2024 | ₹1,536.69 | ₹1,495.84 | ₹30.11 | ₹798.68 |
Shiv Texchem IPO Valuation – FY2024
Check Shiv Texchem IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 19.08% |
| ROCE: | 26.88% |
| EBITDA Margin: | 3.90% |
| PAT Margin: | 1.96% |
| Debt to equity ratio: | 1.54 |
| Earning Per Share (EPS): | ₹20.68 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 19.08% |
| Net Asset Value (NAV): | ₹112.99 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | – Cr. |
| NA | NA | NA | NA | NA | – Cr. |
Objects of the Issue
- To meet long-term working capital requirements; and
- General Corporate Purposes.
Shiv Texchem IPO Review
- IPO Watch – May Apply
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- Capital Market –
- BP Wealth –
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- Choice Broking –
Shiv Texchem IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Kotak Mahindra Capital Company Limited
- J.P. Morgan India Private Limited
- ICICI Securities Limited
Company Address
Shiv Texchem Limited
Kamla Space, Unit no. 216,
2nd Floor Khira Nagar TPS III,
S.V. Road, Santacruz (West) Mumbai – 400054
Phone: +91 96195 11788
Email: [email protected]
Website: http://www.shivtexchem.com/
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Note: The Shiv Texchem IPO price band and date are officially announced. The (Shiv Texchem IPO grey market premium) will be added to the IPO GMP page as it will start).
