Shivam Chemicals Limited
ListedSMEEmerging SME Services · BSE
Shivam Chemicals Limited, formerly known as Sun Organosys Private Limited, has been a trusted player in the chemical manufacturing sector since its inception in 2010. Specializing in the production of poultry feed supplements, Di Calcium Phosphate (Feed Grade), Mono Calcium Phosphate (MCP), Limestone Powder, Soya De-Oiled Cake, and Magnesium Oxide for cattle, the company has built a strong reputation for quality and reliability. With a robust marketing network, it has successfully distributed over 2.50 Lakh metric tons of products, exceeding INR 7,500 million in cumulative value. Committed to continuous growth, Shivam Chemicals has expanded its operations through strategic initiatives, including the establishment of a wholly-owned subsidiary with substantial manufacturing capacity in Dahej, Gujarat. Accredited by top international regulatory authorities and equipped with state-of-the-art machinery, the company remains dedicated to innovation, quality, and customer satisfaction, forging lasting partnerships in the global market.
Price Band
₹44
Issue Size
₹20.18 Cr
Lot Size
3000 shares
GMP
₹2
+4.5%
Est. Listing
₹46
at current GMP
Subscribed
6.66x
overall
Open
23 Apr 2024
Close
25 Apr 2024
Allotment
26 Apr 2024
Refund
27 Apr 2024
Demat Credit
28 Apr 2024
Listing
30 Apr 2024
Last updated 12 days ago
Live Grey Market Premium
Shivam Chemicals Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹2+4.5%
Issue Price (Upper)
₹44
Band: ₹44
Estimated Listing Price
₹46
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,32,000
Estimated Profit / Lot
₹6,000
3000 × ₹2
Shivam Chemicals Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹2
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹2 | 4.5% | ₹46 |
| 30 Oct 2026 | +₹2 | 4.5% | ₹46 |
| 29 Oct 2026 | +₹2 | 4.1% | ₹46 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Shivam Chemicals Limited Public Issue & Market Profile
Shivam Chemicals Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹20.18 Crores. The shares are offered at a price band of ₹44 to ₹44 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,32,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-04-28, while un-allotted funds or UPI block mandates will be released on 2024-04-27.
Frequently Asked Questions
What is Shivam Chemicals Limited IPO GMP today?
The latest grey market premium for Shivam Chemicals Limited IPO is ₹2, which indicates an expected listing price of ₹46.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.