31 Mar 2023
Assets31.17
Total Income156.58
Profit After Tax3.57
NET Worth13.28
Reserves and Surplus12.89
Total Borrowing13.51
At a glance
Updated 2026-08-24Shivam Chemicals is a SME IPO with an issue size of ₹20.18 crore, proposed for listing on BSE SME. The issue structure includes a fresh issue of ₹19.17 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹20.18 Cr
Fresh issue₹19.17 Cr
Face value₹10
Price band—–—
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding Working Capital Requirements | ₹7.05 Cr |
| Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt. Ltd. for financing the augmentation of its working capital capabilities | ₹5.62 Cr |
| General Corporate Purpose | ₹5.01 Cr |
| Issue expenses | ₹2.50 Cr |
| Total | ₹20.18 Cr |
Financials
Full financials ↗31 Dec 2023
Assets38.82
Total Income107.11
Profit After Tax0.71
NET Worth14.00
Reserves and Surplus1.60
Total Borrowing16.38
Trend chart₹ crore
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 5.13% |
| ROCE | 6.19% |
| Debt / Equity | 1.17% |
| RoNW | 5.06% |
| PAT Margin | 0.66% |
| Price to Book Value | 3.9 |
Valuation & shareholding
Pre-IPO EPS2.88
Post-IPO EPS0.56
Pre-IPO P/E15.26
Post-IPO P/E79.19
Promoter holding pre99.99%
Promoter holding post73%
Market cap₹74.74 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Funding Working Capital Requirements | ₹7.05 Cr |
| Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt. Ltd. for financing the augmentation of its working capital capabilities | ₹5.62 Cr |
| General Corporate Purpose | ₹5.01 Cr |
| Issue expenses | ₹2.50 Cr |
| Total | ₹20.18 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Aryaman Financial Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.