Shiv Texchem is primarily engaged in the business of import and distribution of hydrocarbon-based chemicals; Acetyls, Alcohol, Aromatics, Nitriles, Monomers, Glycols Phenolic, Ketones, and Isocyanates. These products are used across industries such as paints & coatings, printing inks, specialty polymers, pharmaceutical products, agro-chemical products, and specialty industrial chemicals.
The company source these products from international producers and suppliers in multiple countries, including China, Taiwan, South Korea, Kuwait, Qatar, USA, Netherlands, Belgium, Italy, and others. Imported products are then redistributed to domestic industries.
In the last 3 fiscals, the company has expanded its product portfolio from 21 to 39 products. In Fiscal 2024, the company has 650 served customers across different industries. Apcotex Industries Ltd, Hemani Industries ltd, and Gujarat Fluorochemicals Ltd are some of the key customers served by the company.
Shiv Texchem IPO, a SME IPO of ₹101.35 Cr opens for subscription from 08-10-2024 to 10-10-2024. The IPO consists of ₹101.35 Cr fresh issue. The face value is Rs. 10 and the price band is fixed at 158.00-166.00 per share. You can apply to the Shiv Texchem SME IPO for a minimum lot of 800 shares amounting of Rs. 132800.The tentative listing date on the exchange (BSE SME) is 15-10-2024.
Shiv Texchem IPO Details
| IPO Open Date: | October 8, 2024 |
| IPO Close Date: | October 10, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹158 to ₹166 Per Share |
| Issue Size: | Approx ₹101.35 Crores |
| Fresh Issue: | Approx ₹101.35 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Shiv Texchem IPO Dates
The Shiv Texchem IPO date is October 8 and the close date is October 10. The Shiv Texchem IPO allotment will be finalized on October 11 and the IPO listing on October 25.
| IPO Open Date: | October 8, 2024 |
| IPO Close Date: | October 10, 2024 |
| Basis of Allotment: | October 11, 2024 |
| Refunds: | October 14, 2024 |
| Credit to Demat Account: | October 14, 2024 |
| IPO Listing Date: | October 15, 2024 |
Shiv Texchem IPO Market Lot
The Shiv Texchem IPO minimum market lot is 800 shares with ₹132,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 800 | ₹132,800 |
| Retail Maximum | 1 | 800 | ₹132,800 |
| S-HNI Minimum | 2 | 1,600 | ₹265,600 |
Shiv Texchem IPO Valuation – FY2024
Check Shiv Texchem IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 19.08% |
| ROCE: | 26.88% |
| EBITDA Margin: | 3.90% |
| PAT Margin: | 1.96% |
| Debt to equity ratio: | 1.54 |
| Earning Per Share (EPS): | ₹20.68 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 19.08% |
| Net Asset Value (NAV): | ₹112.99 |
