Shiv Texchem Limited IPO GMP

Shiv Texchem is primarily engaged in the business of importing and distribution of hydrocarbon-based chemicals of the product family viz. Acetyls, Alcohol, Aromatics, Nitriles, Monomers, Glycols Phenolic, Ketones, and Isocynates, which are critical raw materials and inputs and have application across wide spectrum of industries like paints and coatings, printing inks, agro-chemical products, specialty polymers, pharmaceuticals products and specialty industrial chemicals.

Shiv Texchem, an Book Built Issue amounting to ₹101.35 Crores, consisting entirely an Fresh Issue of 61.05 Lakh Shares. The subscription period for the Shiv Texchem IPO opens on October 08, 2024, and closes on October 10, 2024. The allotment is expected to be finalized on or about Friday, October 11, 2024, and the shares will be listed on the BSE SME with a tentative listing date set on or about Tuesday, October 15, 2024.

The Share price band Shiv Texchem IPO is set at ₹158 to ₹166 equity per share, with a minimum lot size of 800 shares. Retail investors are required to invest a minimum of ₹1,32,800, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1,600 shares), amounting to ₹2,65,600.

Vivro Financial Services Private Limited is the book-running lead manager, Link Intime Private Limited is the registrar for the Issue. Rikhav Securities Limited will act as Market Marker for the Shiv Texchem.

Shiv Texchem Limited IPO GMP Today
The Grey Market Premium of Shiv Texchem Limited IPO is expected to be ₹20 to ₹25 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Shiv Texchem Limited IPO Live Subscription Status Today: Real-Time Updates
As of 07:00 PM on 10 October 2024, the Shiv Texchem IPO live subscription status shows that the IPO subscribed 145.67 times on its Third day of subscription period. Check the Shiv Texchem IPO Live Subscription Status Today at BSE.

Shiv Texchem Limited IPO Anchor Investors Report
Shiv Texchem has raised ₹28.87 Crore from Anchor Investors at a price of ₹166 per shares in consultation of the Book Running Lead Managers. The company allocated 17,39,200 equity shares to the Anchor Investors. Check Full list of Shiv Texchem Anchor Investors List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion. 

Shiv Texchem Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Shiv Texchem IPO allotment date is 11 October, 2024, Friday. Shiv Texchem IPO Allotment will be out on 11th October 2024 and will be live on Registrar Website from the allotment date. Check Shiv Texchem Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Shiv Texchem Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Shiv Texchem Limited IPO
Shiv Texchem Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹7,500.00 Lakhs will be used to meet long-term working capital requirements; and 
2. General Corporate Purposes.

Refer to Shiv Texchem Limited RHP for more details about the Company.