IPO Synopsis
| Shivam Chemicals Ltd |
|---|
| Registered Office: # 108 1st Flr Hubtown Solaris,Off NS Phadke Marg Andheri E,Mumbai-400069, Maharashtra |
| Tel. No: +91 98199 68855 |
| Fax No: NA |
| Email: info@shivamchem.com |
| Website: www.shivamchem.com |
| Initial public offer of 45,87,000 equity shares of Rs. 10 each ("Equity Shares") of Shivam Chemicals Limited ("SCL" or the "Company") for cash at a price of Rs. 44 per share (the "Issue Price"), aggregating Rs. 20.18 crores ("The Issue"), of which 2,31,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "Market |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 23-Apr-2024 | 25-Apr-2024 | ₹44.00 - 0.00 | |
| Minimum Application for shares in Nos : 3000.0 | Further Multiples of :3000.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 17.68 | Aryaman Financial Services Ltd |
| Project Financed through Current Offer | 20.18 | |
| Post Issue Equity Share Capital | 16.99 | |
| Issue Price | 44.00 |
| Projects |
|---|
| Funding working capital requirements in the company |
| Investment in subsidiary co M/s Shivam Chemical & Minerals Pvt Ltd for financing the augmentation of its working capital capabilities |
| General corporate purposes |
| Promoted By |
|---|
| Sanjiv Girdharlal Vasant |
| Soham Sanjay Vasant |
| Shivam Sanjay Vasant |
| Listing At |
|---|
| BSE - SME |
| Registrar To The Issue |
|---|
