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Shiv Texchem Limited

  • Minimum Investment
    ₹1,26,400
  • Price Range
    ₹158 - ₹166
  • Issue Size
    ₹101.35 Cr
  • Lot Size
    800 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

To meet long-term working capital requirements

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Shiv Texchem Limited

Differentiated business model

Hydrocarbon availability is limited in India, yet the country has been one of the largest consumers of chemicals and petrochemical products in the Asia Pacific for the past 10 to 15 years. Utilizing an integrated research database and relationships with global hydrocarbon manufacturers, the company serves as a knowledge partner for customers to optimize their manufacturing and consumption plans

Product portfolio

As of March 31, 2024, the company’s product portfolio comprised around 39 products sourced from over 60 manufacturers and suppliers, distributed to more than 650 customers. This diversification across multiple industries and customers mitigates the risk of customer concentration, while the varied product portfolio helps counter seasonal trends and address different business cycles across the industries served

Storage solution

The company has established storage and handling agreements at Kandla, Mundra, JNPT, Mumbai, and Hazira ports, as well as contracted storage facilities to meet customer needs. With specialized facilities for sensitive chemicals and bulk storage tanks for hydrocarbon chains, the company is equipped to handle any requirement with precision and efficiency

Dependent on transportation providers

The company depends on third-party transportation providers for the supply and distribution of its products. Any failure or delay in these transportation and logistics arrangements could materially affect its business, operations, and financial condition

Currency fluctuations

The company has partially hedged, or in some cases not hedged, its foreign currency exposure, which may negatively impact its business and financial condition due to fluctuations in foreign currency

Capital intensive

The company operates in a working capital-intensive business, requiring high levels of inventory and trade receivables, which necessitates substantial financing for operations. Its indebtedness and the conditions imposed by financing arrangements could adversely affect its ability to conduct business

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Shiv Texchem Limited

Shiv Texchem Ltd. was incorporated on March 31, 2005. The company primarily imports and distributes hydrocarbon-based chemicals, including acetyls, alcohols, aromatics, nitriles, monomers, glycols, phenolics, ketones, and isocyanates. These critical raw materials have applications across various industries, such as paints and coatings, printing inks, agro-chemicals, specialty polymers, pharmaceuticals, and industrial chemicals
  • Promoter
    Vikas Pavankumar
  • Promoter
    Hemanshu S. Chokhani
  • Promoter
    Pavankumar Sanwaria Realty Private Limited
  • Promoter
    Hemanshu Syntex Private Limited

Shiv Texchem Limited IPO FAQs

What is Shiv Texchem Limited IPO?

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Shiv Texchem Limited IPO refers to the initial public offering of shares by Shiv Texchem Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Shiv Texchem Limited IPO?

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For Shiv Texchem Limited IPO the issue size is ₹101 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Shiv Texchem Limited IPO?

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For Shiv Texchem Limited IPO the minimum investment is ₹1,26,400. The minimum investment for Shiv Texchem Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Shiv Texchem Limited IPO?

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For Shiv Texchem Limited IPO the lot size is 800 shares. The lot size of Shiv Texchem Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Shiv Texchem Limited IPO on Share.Market?

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To apply for Shiv Texchem Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Shiv Texchem Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Shiv Texchem Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Shiv Texchem Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Shiv Texchem Limited IPO?

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For Shiv Texchem Limited IPO the allotment date is October 11, 2024. The allotment date of Shiv Texchem Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Shiv Texchem Limited IPO?

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For Shiv Texchem Limited IPO, the subscription opens on October 8, 2024 and closes on October 10, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
184.00x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
184.00x Oversubscribed
Trade