Shiv Texchem Limited - Logo

Shiv Texchem Limited

SHIVTEX

158-166

per share
Bidding Dates
8-10 Oct
Min. Investment
₹1,26,400.00
Lot Size
800 shares
Issue Size
₹101.35 Cr
IPO Timeline
Bidding starts
08 Oct ‘24
Bidding ends
10 Oct ‘24
Allotment finalisation*
11 Oct ‘24
Refund initiation*
14 Oct ‘24
Demat transfer
14 Oct ‘24
Listing
15 Oct ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About  Shiv Texchem Limited

Established in 2005, Shiv Texchem Limited is a prominent player in the import and distribution of hydrocarbon-based chemicals, specializing in a diverse product family that includes Acetyls, Alcohols, Aromatics, Nitriles, Monomers, Glycols, Phenolics, Ketones, and Isocyanates. These chemicals are vital raw materials used across a wide spectrum of industries such as paints, coatings, printing inks, agrochemicals, specialty polymers, pharmaceuticals, and industrial chemicals. By focusing on these critical inputs, Shiv Texchem Limited supports various sectors in accessing high-quality materials essential for their manufacturing processes.

In the complex landscape of the petrochemical industry, base chemicals form the foundation for secondary and tertiary derivatives. Shiv Texchem Limited excels in the import and redistribution of these derivative chemicals, which play a crucial role in the production of essential compounds like phenol, styrene, and aniline. These derivatives are indispensable for numerous applications, highlighting the company's integral role in the supply chain. By managing the sourcing and distribution of these materials, Shiv Texchem Limited ensures that local industries have reliable access to the raw inputs they need.

The company's commitment to excellence is evident in its robust supply chain management. Shiv Texchem Limited sources chemicals from reputable international producers and suppliers, facilitating a seamless redistribution process to domestic manufacturers. This includes a comprehensive approach to customer engagement—assisting with purchase planning, aggregating orders, and negotiating favorable terms such as price, specifications, and delivery schedules. Furthermore, the company handles all aspects of logistics, ensuring timely and efficient delivery of products to its diverse clientele.

Shiv Texchem Limited prides itself on its experienced management team and board of directors, who collectively bring a wealth of expertise to the organization. With a strong track record of operational excellence and successful sourcing from countries like China, Taiwan, South Korea, and the USA, the company has established itself as a trusted partner for numerous customers, including notable names like Apcotex Industries Limited and Gujarat Fluorochemicals Limited. This strategic positioning, combined with a proactive approach to market opportunities, positions Shiv Texchem Limited for sustained growth and success in the evolving chemical distribution landscape.

 Shiv Texchem Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives

  1. To meet long-term working capital requirements.
  2. General Corporate Purposes.

IPO analysis

Registrar information
Name
Link Intime India Private Ltd
Phone number
+91-22-4918 6270
Email ID
shivtexchem.smeipo@linkintime.in

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