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  1. Shiv Texchem Limited
Shiv Texchem Limited

Shiv Texchem Limited

listed
₹1.26LMin. investment

Shiv Texchem Limited IPO Details

Price range₹158 – ₹166
IPO type
SME
Lot size800 shares
Issue size₹101.35Cr

Shiv Texchem Limited Timeline

  1. Bid start
    8 Oct 2024
  2. Bid end
    10 Oct 2024
  3. Allotment
    10 Oct 2024
  4. Release of funds
    14 Oct 2024
  5. Demat transfer
    11 Oct 2024
  6. Listing
    15 Oct 2024

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.

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Shiv Texchem Limited Contact Details

Company NameShiv Texchem Limited

How to apply for Shiv Texchem Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Shiv Texchem IPO FAQs

Investors can apply for the Shiv Texchem Limited through their Demat account via the stock exchange or through their broker.
The issue size of the Shiv Texchem Limited is 101.35 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Shiv Texchem Limited will be open between 2024-10-08 and 2024-10-10.
Shiv Texchem Limited allotment date is 2024-10-11. For Shiv Texchem Limited allotment status check, you can visit the website of the registrar of the IPO.
For Shiv Texchem Limited, the IPO registrar is Link Intime India Private Ltd. You can check Shiv Texchem Limited allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Shiv Texchem Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Shiv Texchem Limited lot size is 800 and minimum order quantity is 800.
Shiv Texchem Limited has set the price band for its IPO at 166 per equity share with a face value of 10.