IPO SYNOPSIS

Shivam Chemicals Ltd
Registered Office:
# 108 1st Flr Hubtown Solaris,Off NS Phadke Marg Andheri E,
Mumbai - 400069,
Maharashtra, India.
Website :  www.shivamchem.com
Initial public offer of 45,87,000 equity shares of (₹) 10 each ("Equity Shares") of Shivam Chemicals Limited ("SCL" or the "Company") for cash at a price of (₹) 44 per share (the "Issue Price"), aggregating (₹) 20.18 crores ("The Issue"), of which 2,31,000 equity shares of (₹) 10 each will be reserved for subscription by market maker to the issue (the "Market
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
23-Apr-24
25-Apr-24
44.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 3000     Further Multiples of : 3000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
17.68
Aryaman Financial Services Ltd
Project Financed
20.18
 
Post Issue
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
No Data Available!!!
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