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Shiv Texchem IPO is a Book Building IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Chemical sector. Vivro Financial Services is the merchant banker of Shiv Texchem IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th July 2024.
Shiv Texchem IPO open date is 8th October 2024 and close date is 10th October 2024. IPO Allotment Date is 11th October 2024 and Listing date is 15th October 2024.
IPO
Size:
₹ 101.35 Cr.
Avg IPO Size (Sector Based)
: ₹
25.30 cr.
Sector: Chemical
SME IPO so far:
59
Merchant Banker:
Vivro Financial
SME IPO by BRLM so far:
7
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹
2268.28
cr. 
PE
Ratio:
9.56x
Average Sector PE Ratio: 17.10x
Shiv Texchem IPO size is ₹ 101.35 Cr. with IPO price of ₹ 166.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Vivro Financial Services Private Limited is the book-running lead manager of the Shiv Texchem IPO. Link Intime India Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Shiv Texchem IPO.
Shiv Texchem IPO anchor investors are the below investors. The number of anchor investors in this IPO is 10.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Invicta Continuum Fund | 512,800.00 | ₹ 166.00 | ₹ 85,124,800.00 |
| Nav Capital Vcc | 205,600.00 | ₹ 166.00 | ₹ 34,129,600.00 |
| Ashika Global Securities | 77,600.00 | ₹ 166.00 | ₹ 12,881,600.00 |
| FINAVENUE GROWTH FUND | 200,000.00 | ₹ 166.00 | ₹ 33,200,000.00 |
| StepTrade Revolution Fund | 112,000.00 | ₹ 166.00 | ₹ 18,592,000.00 |
| Vikasa India EIF | 112,000.00 | ₹ 166.00 | ₹ 18,592,000.00 |
| Matterhorn India Fund | 112,800.00 | ₹ 166.00 | ₹ 18,724,800.00 |
| Craft Emerging Market | 116,000.00 | ₹ 166.00 | ₹ 19,256,000.00 |
| Rajasthan Global Securities | 90,400.00 | ₹ 166.00 | ₹ 15,006,400.00 |
| Mavira Growth Opportunities | 200,000.00 | ₹ 166.00 | ₹ 33,200,000.00 |
Shiv Texchem IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shiv Texchem IPO, based in Mumbai, operates in the Chemical sector with a focus on Imports and distributes hydrocarbon-based secondary and tertiary chemicals. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Shiv Texchem IPO size is ₹ 101.35 Cr. with fresh issue size of ₹ 101.35 Cr. and Offer for sale being Nil
The IPO allotment date for Shiv Texchem IPO is expected to be 11th October 2024, after the finalization of basis of allotment. Investors can check Shiv Texchem IPO allotment status on the registrars website, Link Intime India Private Limited. Shiv Texchem IPO refund dates are 14th October 2024.
Shiv Texchem IPO is expected to be listed on 15th October 2024.
The upper price band for the Shiv Texchem IPO is set at ₹ 166.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shiv Texchem IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Shiv Texchem IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 10th October 2024. After submission, funds are blocked until the basis of allotment of Shiv Texchem IPO is finalised.
The merchant banker for Shiv Texchem IPO is Vivro Financial Services Private Limited . Vivro Financial Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shiv Texchem IPO RHP for further details.
The registrar for Shiv Texchem IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shiv Texchem IPO through their official website or helpline.
Shiv Texchem IPO was subscribed 156.55 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 101.35 Cr.
Avg IPO Size (Sector Based)
:
₹ 25.30 Cr.
Sector: Chemical
SME IPO so far:
59
Merchant Banker:
Vivro Financial
SME IPO by BRLM so far:
7
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 22.64 cr.
PE
Ratio:
9.56x
Average Sector PE Ratio: 17.10x
Shiv Texchem IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shiv Texchem Financial Review Page
Merchant Banker(s) of Shiv Texchem IPO: Vivro Financial Services Private Limited
Shiv Texchem IPO subscription was 156.55 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Shiv Texchem IPO listed at a listing price of 250.95 against the offer price of 166.00.
The current market price of Shiv Texchem is 279.95.
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