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Shivam Chemicals Ltd

Registered Office: # 108 1st Flr Hubtown Solaris,Off NS Phadke Marg Andheri E, Mumbai - 400069, Maharashtra, India.
Phone : +91 98199 68855   Fax:
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 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 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

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