IPO Synopsis

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 Opens On Closes On 23-Apr-24 25-Apr-24 Money Payable On Application Allotment 44.00 0.00 Minimum Application for shares in Nos : 3000 Further Multiples of : 3000 Cr Lead Managers to the Issue Project Cost (.Cr) 17.68 Aryaman Financial Services Ltd Project Financed through Current Offer (.Cr) 20.18   Post Issue Equity Share Capital (.Cr) 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

No Data Available