Shivam Chemicals Limited
listed
₹1.32LMin. investment
Shivam Chemicals Limited IPO Details
Issue size
₹20.18Cr
IPO type
SME
Price range
₹44.00 – ₹44.00
Listing date
30 Apr 2024
Lot size
3000 shares
RHP/DRHP
Read
Price range₹44.00 – ₹44.00
IPO type
SME
Lot size3000 shares
Issue size₹20.18Cr
RHP/DRHP
Read
Shivam Chemicals Limited Timeline
- Bid start23 Apr 2024
- Bid end25 Apr 2024
- Allotment25 Apr 2024
- Release of funds29 Apr 2024
- Demat transfer26 Apr 2024
- Listing30 Apr 2024
About Shivam Chemicals Limited
Established in 2010, Shivam Chemicals Limited has emerged as a leading manufacturer of Hydrated Lime (Calcium Hydroxide) and a trusted distributor of various chemical products. With a strong foothold in the Indian market, the company has garnered immense success, reflecting its unwavering commitment to quality and customer satisfaction.
Over the years, Shivam Chemicals Limited has meticulously developed a well-established marketing network across India. Leveraging rich experience and extensive knowledge, the company distributes a wide range of products, including Poultry Feed Supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, and more. Partnering with renowned manufacturers, Shivam Chemicals Limited has successfully supplied over 2.50 Lakh metric tons of various products, surpassing INR 7,500 million in cumulative value. With an average monthly sales volume of 2,650 metric tons, the company maintains a consistent presence in the market, ensuring a steady flow of products to meet market demands.
Initially focused on animal feed supplement trading, Shivam Chemicals Limited expanded its horizons by venturing into manufacturing. This evolution led to the establishment of a wholly owned subsidiary, Shivam Chemicals and Minerals Private Limited. Located in Dahej, Gujarat, the subsidiary boasts a robust manufacturing setup with a production capacity of 60,000 MT of Hydrated Lime (Calcium Hydroxide) annually.
To capitalize on emerging opportunities and enhance manufacturing capabilities, Shivam Chemicals Limited embarked on strategic investments in physical and operational infrastructure. The company's recent acquisition of 14,303 sq. mtr. of land in Dahej, Gujarat, paved the way for the establishment of a state-of-the-art manufacturing facility spanning 4161 sq. mtr. Equipped with cutting-edge technology, the facility ensures seamless production and efficient distribution of chemicals.
Shivam Chemicals Limited is poised to diversify its product portfolio by introducing innovative offerings to the market. With a strategic focus on enhancing manufacturing capacities and introducing new products, the company anticipates a substantial upswing in both profits and revenues. The strategic positioning of the manufacturing plant, coupled with efficient transportation infrastructure, enables Shivam Chemicals Limited to meet the escalating demand from customers while ensuring cost-effectiveness and operational efficiency.
As Shivam Chemicals Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
- Funding Working capital requirements in our Company;
- Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt Ltd. for financing the augmentation of its working capital capabilities
- General Corporate Purpose;
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Shivam Chemicals Limited Contact Details
Company NameShivam Chemicals Limited
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