The Shivam Chemicals IPO minimum market lot is 3000 shares with ₹132,000 application amount. The Shivam Chemicals IPO is a SME IPO, and it is to be listed on BSE.
Shivam Chemicals is a manufacturer of Hydrated Lime (Calcium Hydroxide) & a distributor of various products such as Poultry feed supplements (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, etc. With rich experience and knowledge they have built a well-established marketing network across India and they distribute animal feed products for various well renowned manufacture over the years, they have successfully supplied an impressive quantity of over 2.50 Lakh metric tons of various products, reflecting their 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, they maintain a consistent presence and contribute to the steady flow of products in the market. Their journey began with a primary focus on animal feed supplement trading till FY 2022-23 and our evolution into manufacturing happened through the establishment of a 100% owned subsidiary.
IPOWatch View
We recommend investors may apply for an IPO with Avoid. Investors should also look at the QIB, NII, and Retail numbers before investing.
Shivam Chemicals IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.72 | 0.95 | 4.33 |
| RII | 1.29 | 3.02 | 8.88 |
| Total | 1.00 | 1.99 | 6.61 |
Shivam Chemicals IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Shivam Chemicals IPO Review
- Avoid
Shivam Chemicals IPO Form
How to apply for the Shivam Chemicals IPO? You can apply for Shivam Chemicals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shivam Chemicals IPO in the Invest section. The other option is you can apply for Shivam Chemicals IPO via IPO forms downloaded online. Check out the Shivam Chemicals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
