Shiv Texchem Ltd., established in 2005, operates in the Chemicals - Speciality - Others sector. The company's IPO opened on October 8, 2024 and closed on October 10, 2024, with an issue price of ₹166. ... Read more
Our Company is primarily engaged in the business of importing and distributing hydrocarbon-based chemicals that are crucial raw materials for a wide range of industries including paints, coatings, printing inks, agro-chemicals, polymers, pharmaceuticals, and industrial chemicals. Serving as ... Read more
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 17,40,000 (28.5%) |
| Market Makers | 3,05,600 (5.01%) |
| Non Institutional Investors | 8,70,000 (14.25%) |
| Qualified Institutional Buyers (QIBs) | 11,60,000 (19%) |
| Retail Individual Investors (RIIs) | 20,30,000 (33.25%) |
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 1,536.69 Cr | 30.11 Cr | 190.74 Cr |
| 31 Mar 2023 | 1,118.67 Cr | 16.03 Cr | 121.16 Cr |
| 31 Mar 2022 | 865.47 Cr | 13.86 Cr | 105.14 Cr |
Our Company was originally incorporated as ‘Shiv Texchem Private Limited’ as a private limited company under the provisions of the Companies Act, 1956, pursuant to certificate of incorporation dated March 31, 2005, issued by Registrar of Companies, Maharashtra, Mumbai. ...
Subsequently, our Company was converted from a private limited company to a public limited company pursuant to special resolution passed by our shareholders at an Extra-Ordinary General held on June 11, 2024, and the name of our Company was subsequently changed to ‘Shiv Texchem Limited.’ A fresh certificate of incorporation consequent to conversion dated July 05, 2024, was issued by the Registrar of Companies bearing Corporate Identity Number U24110MH2005PLC152341.
Read more1. Utilization towards long term working capital requirements of our Company
2. General Corporate Purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 166.00 | - |
| Open | ₹ 239.00 | - |
| Low | ₹ 227.05 | - |
| High | ₹ 250.95 | - |
| Last Trade | ₹ 250.95 | - |
1. Vikas Pavankumar
2. Hemanshu S. Chokhani
3. Neha Chokhani
4. Manjudevi Shyamsundar Chokhani
5. Shyamsundar Chokhani
6. Pavankumar Sanwaria Realty Private Limited
7. Hemanshu Syntex Private Limited
India has been one of the largest consumers of chemicals & petrochemical products in Asia Pacific region for the bulk of the last 10 – 15 years. The rapid growth in India’s manufacturing infrastructure during this time period have created strong demand for a wide range of chemical ... Read more
When does Shiv Texchem Ltd. IPO opens and closes?
What is the size of Shiv Texchem Ltd. IPO?
What is the price range of Shiv Texchem Ltd. IPO?
What is the minimum investment and lot size required for the Shiv Texchem Ltd. IPO?
When is Shiv Texchem Ltd. IPO listing date?
What is the objective of Shiv Texchem Ltd. IPO?
Shiv Texchem Limited plans to conduct an IPO to raise Rs.101.35 crores by issuing 61.06 lakh new equity shares. The IPO will be up for subscriptions on October 8, 2024, and will conclude on October 10. The allotment is likely to be concluded on October 11, 2024, with a tentative listing date of October 15, 2024 on the BSE SMEs platform. The IPO price band is established at Rs.158 to Rs.166 per share.
The IPO consists entirely of fresh equity shares, totaling 61.06 lakh shares. and assigns at least 35% of the net issue to retail investors, 15% to high-net-worth individuals (HNIs), and up to 50% to qualified institutional buyers(QIB). Retail investors can participate with a minimum lot size of 800 shares (Rs.132,800), while high net-worth individuals (HNIs) must invest in at least two lots 1,600 shares (Rs. 265,600).
Shiv Texchem Limited is a prominent importer and distributor of hydrocarbon-based secondary and tertiary chemicals. Established in 2005, the company supplies these essential raw materials to a wide range of industries. The company is led by a team of experienced professionals, including Vikas Pavankumar, Hemanshu S. Chokhani, Pavankumar Sanwaria Realty Private Limited, and Hemanshu Syntex Private Limited.
8 October 2024
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