Shiv Texchem Limited
ListedSMEEmerging SME Services · BSE
Shiv Texchem Limited, founded in 2005, is a trusted importer and distributor of essential chemicals used in various industries. The company supplies key raw materials like Acetyls, Alcohol, Aromatics, and more, catering to sectors such as paints, coatings, printing inks, agrochemicals, pharmaceuticals, and specialty polymers. It sources chemicals from global suppliers across China, Taiwan, South Korea, the USA, and Europe, ensuring smooth and timely delivery to Indian manufacturers. Some of its well-known customers include Apcotex Industries, Hemani Industries, and Gujarat Fluorochemicals. Over the past three years, Shiv Texchem has grown significantly, expanding its product range from 21 to 39 and its customer base from 400 to over 650. As of March 31, 2024, the company has a dedicated team of 50 permanent employees
Price Band
₹158 – ₹166
Issue Size
₹101 Cr
Lot Size
800 shares
GMP
₹65
+39.2%
Est. Listing
₹231
at current GMP
Subscribed
156.63x
overall
Open
8 Oct 2024
Close
10 Oct 2024
Allotment
11 Oct 2024
Refund
12 Oct 2024
Demat Credit
13 Oct 2024
Listing
15 Oct 2024
Last updated 12 days ago
Official Registrar Verification
Shiv Texchem Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
11 Oct 2024
Basis finalization
Refunds Initiate
12 Oct 2024
Mandate release
Demat Credit
13 Oct 2024
Shares in demat
Listing Debut
15 Oct 2024
Trading begins
How to Check Shiv Texchem Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Shiv Texchem Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Shiv Texchem Limited Public Issue & Market Profile
Shiv Texchem Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹101.35 Crores. The shares are offered at a price band of ₹158 to ₹166 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2024-10-10, the basis of allotment is scheduled to be finalized on 2024-10-11. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.