Registered Office:
# 108 1st Flr Hubtown Solaris,Off NS Phadke Marg Andheri E,
Mumbai
-
400069,
Phone : +91 98199 68855
Fax : NA
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 Rs) 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.00% and 25.64% respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is (Rs) 10 and the issue price is 4.4 times of the face value.
The Minimum application of 3000
Opens On
Closes On
Application
Allotment
23-Apr-24
25-Apr-24
44.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
3000
Further Multiples of :
3000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
17.68
Aryaman Financial Services Ltd
Project Financed through Current Offer
20.18
Post Issue Equity Share Capital
16.99