Shivam Chemicals SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Shivam Chemicals IPO. Explore Shivam Chemicals IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Shivam Chemicals Limited is a manufacturer of Hydrated Lime (Calcium Hydroxide) and a distributor of various products including poultry feed supplements, Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, among others. With a strong focus on quality and customer satisfaction, the company has established a well-established marketing network across India and has successfully supplied a significant quantity of products, reflecting its commitment to meeting market demands.
Key Points:
- Product Portfolio: Shivam Chemicals Limited manufactures Hydrated Lime through its wholly-owned subsidiary, Shivam Chemicals and Minerals Private Limited, located in Dahej, Gujarat. The subsidiary has a manufacturing capacity of 60,000 metric tons.
- Supply Volume: The company has successfully supplied over 2.50 Lakh metric tons of various products, with a cumulative value exceeding INR 750 crore. With an average monthly sales volume of 2,650 metric tons, Shivam Chemicals Limited maintains a consistent presence in the market.
- Evolution into Manufacturing: Initially focused on animal feed supplement trading, the company evolved into manufacturing through the establishment of its subsidiary, Shivam Chemicals and Minerals Private Limited.
- Employee Strength: As of December 31, 2023, Shivam Chemicals Limited has 25 employees on a consolidated basis. Additionally, its subsidiary employs 12 contract laborers, contributing to its manufacturing operations.
Objects of the Issue
- Funding Working capital requirements in the Company
- Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt Ltd. for financing the augmentation of its working capital capabilities
- General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 23 Apr - 25 Apr 2024 |
| IPO Price Band | ₹ 44 per share |
| Fresh Issue | 45,87,000 Shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹ 20.18 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 23 Apr 2024 |
| IPO Closing Date | 25 Apr 2024 |
| Basis Of Allotment | 26 Apr 2024 |
| Refunds | 29 Apr 2024 |
| Demat Transfer | 29 Apr 2024 |
| IPO Listing Date | 30 Apr 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 95.58 | 177.99 | 156.58 | 107.11 |
| Total Expenses | 94.30 | 172.0 | 151.7 | 105.72 |
| Net Profit/Loss | 0.87 | 4.44 | 3.57 | 0.71 |
| NPM (*) | 0.91 | 2.49 | 2.33 | 0.66 |
| Total Assets | 9.94 | 23.69 | 31.18 | 38.82 |
| Total Liabilities | 4.66 | 13.97 | 17.89 | 24.82 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 0.70 | 3.58 | 2.88 | 0.57 |
| ROE (%) | 17.83 | 59.20 | 31.55 | 5.13 |
| ROCE (%) | 23.84 | 42.35 | 19.88 | 6.19 |
| D/E Ratio | 0.29 | 0.52 | 1.02 | 1.17 |
| Current Ratio | 2.26 | 1.54 | 1.54 | 1.22 |
| EBITDA MARGIN (%) | 1.80 | 3.58 | 3.43 | 2.63 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Shivam Chemicals Limited | 156.52 | 15.26 | 2.88 | 26.90 | 10.72 |
| Narmada Agrobase Limited | 50.02 | 48.96 | 0.48 | 4.11 | 11.72 |
| Godrej Agrovet | 9,373.68 | 34.33 | 15.71 | 10.77 | 142.78 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 4.33 |
| Retail Individual Investor (RII) | 8.88 |
| Total | 6.61 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Cameo Corporate Services Limited
Phone: +91 - 44 – 40020700
Email: investor@cameodina.com
Website: www.cameoindia.com
Company Promoters
- SANJIV GIRDHARLAL VASANT
- SOHAM SANJIV VASANT
- SHIVAM SANJIV VASANT
Lead Managers
- ARYAMAN FINANCIAL SERVICES LIMITED
Company Address
Shivam Chemicals Limited
Office No. 108, 1st Floor, Hubtown Solaris, Off N.S.Phadke Marg, Saiwadi,
Andheri (E), Mumbai, Maharashtra, India, 400069
Phone: +91 98199 68855
Email: info@shivamchem.com
Website: www.shivamchem.com
FAQs
- What is the issue size of the Shivam Chemicals SME IPO?The Shivam Chemicals SME IPO has an issue size of ₹ 20.18 crore. This includes a fresh issue of 45,87,000 Shares and an offer for sale (OFS) of NIL.
- What is the price band of the Shivam Chemicals IPO?The price band for the Shivam Chemicals IPO is ₹ 44 per share.
- What are the bidding dates for the Shivam Chemicals IPO?The Shivam Chemicals IPO will open for bidding on 23 Apr 2024 and close on 25 Apr 2024.
- What is the allotment date for the Shivam Chemicals IPO?The allotment date for the Shivam Chemicals IPO is 26 Apr 2024.
- What is the listing date for the Shivam Chemicals IPO?The listing date for the Shivam Chemicals IPO is 30 Apr 2024.
- What is the Shivam Chemicals IPO grey market premium?The grey market premium (GMP) for the Shivam Chemicals IPO is currently at ₹2, with an expected listing gain of approximately 4.55%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.