Shivam Chemicals Limited

About the company

## **About  Shivam Chemicals Limited** Established in 2010, Shivam Chemicals Limited has emerged as a leading manufacturer of Hydrated Lime (Calcium Hydroxide) and a trusted distributor of various chemical products. With a strong foothold in the Indian market, the company has garnered immense success, reflecting its unwavering commitment to quality and customer satisfaction. Over the years, Shivam Chemicals Limited has meticulously developed a well-established marketing network across India. Leveraging rich experience and extensive knowledge, the company distributes a wide range of products, including Poultry Feed Supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, and more. Partnering with renowned manufacturers, Shivam Chemicals Limited has successfully supplied over 2.50 Lakh metric tons of various products, surpassing INR 7,500 million in cumulative value. With an average monthly sales volume of 2,650 metric tons, the company maintains a consistent presence in the market, ensuring a steady flow of products to meet market demands.   Initially focused on animal feed supplement trading, Shivam Chemicals Limited expanded its horizons by venturing into manufacturing. This evolution led to the establishment of a wholly owned subsidiary, Shivam Chemicals and Minerals Private Limited. Located in Dahej, Gujarat, the subsidiary boasts a robust manufacturing setup with a production capacity of 60,000 MT of Hydrated Lime (Calcium Hydroxide) annually.   To capitalize on emerging opportunities and enhance manufacturing capabilities, Shivam Chemicals Limited embarked on strategic investments in physical and operational infrastructure. The company's recent acquisition of 14,303 sq. mtr. of land in Dahej, Gujarat, paved the way for the establishment of a state-of-the-art manufacturing facility spanning 4161 sq. mtr. Equipped with cutting-edge technology, the facility ensures seamless production and efficient distribution of chemicals.   Shivam Chemicals Limited is poised to diversify its product portfolio by introducing innovative offerings to the market. With a strategic focus on enhancing manufacturing capacities and introducing new products, the company anticipates a substantial upswing in both profits and revenues. The strategic positioning of the manufacturing plant, coupled with efficient transportation infrastructure, enables Shivam Chemicals Limited to meet the escalating demand from customers while ensuring cost-effectiveness and operational efficiency. As Shivam Chemicals Limited  Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Funding Working capital requirements in our Company;  1. Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt Ltd. for financing the augmentation of its working capital capabilities  1. General Corporate Purpose;

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   23 Apr 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   25 Apr 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   25 Apr 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   29 Apr 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   26 Apr 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   30 Apr 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.