Shiv Texchem Limited
Oct 8, 2024 - Oct 10, 2024
Shiv Texchem Limited IPO Details
Status
listed
Issue Price
₹158.00 - ₹166.00
Lot Size
800 Shares
Subscription
156.55 times
Listing Price
₹239 (43.98%)
Face Value
₹10 Per share
Issue Size
Approx ₹101.35 Cr
Fresh Issue
Approx ₹101.35 Cr
Total Shares Offered
-
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE SME
Registrar
Link Intime India Private Ltd
BSE Code
544272
IPO Tentative Timetable
Valuation
Earning Per Share (EPS)
₹20.68
Price/Earning P/E Ratio
-
Return on Net Worth (RoNW)
19.08%
Net Asset Value (NAV)
₹112.99
Promoters
Pre issue Share Holding
100.00%
Post issue Share Holding
-
Company Promoters
- Vikas Pavankumar
- Hemanshu S. Chokhani
- Pavankumar Sanwaria Realty Private Limited
- Hemanshu Syntex Private Limited
Lead Managers
Vivro Financial Services Private Limited
Live Subscription
| Date | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Oct 8, 2024 | 3.11 | 2.28 | 4.83 | 3.79 |
| Oct 9, 2024 | 3.22 | 15.81 | 14.54 | 11.58 |
| Oct 10, 2024 | 86.70 | 455.58 | 68.27 | 156.55 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹132,800 |
| Retail (Max) | 1 | 800 | ₹132,800 |
| HNI (Min) | 2 | 1,600 | ₹265,600 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 19.08% |
| ROCE | 26.99% |
| Debt/Equity | 1.54 |
| RoNW | 19.08% |
| P/BV | 1.4 |
| PAT Margin (%) | 1.96 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 17,39,200 (28.49%) |
| Market Maker Shares Offered | 3,05,600 (5.01%) |
| QIB Shares Offered | 11,60,000 (19%) |
| NII (HNI) Shares Offered | 8,70,400 (14.26%) |
| Retail Shares Offered | 20,30,400 (33.25%) |
| Total Shares Offered | 61,05,600 (100%) |
Company Financial
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 85,483.43 | 79,868.05 | 60,234.98 | 42,543.57 |
| Revenue | 56,707.83 | 1,53,668.79 | 1,11,866.98 | 86,547.46 |
| Profit After Tax | 1,005.89 | 3,011.3 | 1,602.72 | 1,386.48 |
| Net Worth | 20,293.58 | 19,287.69 | 12,276.39 | 10,673.68 |
| Reserves and Surplus | 20,080.25 | 19,074.36 | 12,116.39 | 10,513.68 |
| Total Borrowing | 27,085.63 | 29,665.25 | 32,914.39 | 12,034.33 |
About Company
Shiv Texchem sources its chemicals from international suppliers across China, Taiwan, South Korea, Kuwait, Qatar, the USA, the Netherlands, Belgium, and Italy, ensuring a steady supply to domestic manufacturers. Their customer base includes companies like Apcotex Industries Limited, Hemani Industries Limited, and Gujarat Fluorochemicals Limited. Over the past three fiscal years, Shiv Texchem expanded its product offerings from 21 in FY 2022 to 39 in FY 2024, while growing its customer base from over 400 in FY 2022 to more than 650 in FY 2024.
As of March 31, 2024, the company employed 50 permanent staff members.
Key strengths include:
- A unique business model offering comprehensive retail and supply chain solutions
- A diverse product portfolio and extensive supplier network
- Long-term relationships with clients
- A highly experienced and skilled management team with deep expertise in the hydrocarbon-based chemical industry
- A focus on providing storage solutions and maintaining strong financial performance.
Company Contact
shiv texchem limited kamla space, unit no. 216, 2nd floor khira nagar tps iii, s.v. road, santacruz (west) mumbai - 400054
Phone: +91 96195 11788
Email: cs@shivtexchem.com
Website: http://www.shivtexchem.com/
Registrar Contact
link intime india private ltd
Phone: +91-22-4918 6270
Email: shivtexchem.smeipo@linkintime.in
Website: https://linkintime.co.in/initial_offer/public-issues.html