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Issue Open Date
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23-Apr-24
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Issue Closing Date
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25-Apr-24
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Application Money
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100
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Allotment Money
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Price Band
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44
-
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Minimium Application No.
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3000
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Issue Size (Shares)
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4587000
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Market Lot
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1
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Objective
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1. Funding Working capital requirements in our Company.2. Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt Ltd. for financing the augmentation of its working capital capabilities.3. General Corporate Purpose.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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9651000
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Qualified Institutional Buyers
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6000
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Retail Individual Investors
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19350000
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Business Description
Our company is a manufacturer of Hydrated Lime (Calcium Hydroxide) & a distributor of various products such asPoultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, etcWith rich experience and knowledge we have built a well-established marketing network across India and we distributeanimal feed products for various well renowned manufacture over the years, we have successfully supplied animpressive quantity of over 2.50 Lakh metric tons of various products, reflecting our commitment to meeting thedemands of the market. The cumulative value of these supplied products has exceeded INR 7,500 million, underscoringour financial significance in the sector. With an average monthly sales volume of 2,650 metric tons, we maintain aconsistent presence and contribute to the steady flow of products in the market. Our journey began with a primary focuson animal feed supplement trading till FY 2022-23 and our evolution into manufacturing is happened through theestablishment of a 100% owned subsidiary.
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Promoter's Holding
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Total Share Capital
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12399998
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Offered to Public
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4587000
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Promoter's Holding (Pre-Issue)
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99.99
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Promoter's Holding (Post-Issue)
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72.98
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Address |
Office No. 108
1st Floor
Hubtown Solaris
Off N. S. Phadke Marg
Saiwadi
Andheri (E)
Mumbai,
Maharashtra,
400069
Phone : 9820159555 / 9820795935
Email : sanjiv@shivamchem.com
Website : www.shivamchem.com
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Registrar |
Cameo Corporate Services Ltd
Subramanian Buildings No 1
Club House Road
Chennai
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Listed at |
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BSE
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Lead Manager |
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Aryaman Financial Services Ltd.
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Promoters |
Sanjiv Girdharlal Vasant
Shivam Sanjiv Vasant
Soham Sanjiv Vasant
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