The Shiv Texchem Limited IPO is gaining significant attention from investors who are eager to learn about its potential, GMP, allotment status, and other key details. If you’re planning to invest in this IPO, this article covers everything you need to know, from the company’s background to how to check the Shiv Texchem IPO allotment status and more.
The Shiv Texchem Limited IPO is set to open on October 8, 2024, and will close on October 10, 2024. This is a Book Built Issue IPO, with the company aiming to raise approximately ₹101.35 crores. The IPO includes a fresh issue of shares worth ₹101.35 crores, along with an offer for sale (OFS) of up to [.] equity shares, each having a face value of ₹10.
The price band for the Shiv Texchem IPO is set between ₹158 and ₹166 per share. The allotment distribution is as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-worth Individuals (HNI). Post allotment, the company is scheduled to list its shares on the BSE on October 15, 2024, with the allotment date being October 11, 2024.
In terms of financial performance, Shiv Texchem Limited reported a significant revenue increase to ₹1536.69 crores in 2024, compared to ₹1118.67 crores in 2023. Additionally, the company’s profit saw a jump from ₹16.03 crores in 2023 to ₹30.11 crores in 2024. Based on these strong financials, long-term investors may find the IPO a promising opportunity.
Shiv Texchem Limited IPO Overview
The Shiv Texchem IPO will open for subscription soon, offering an exciting opportunity for investors to participate in a growing industry. Let’s dive deeper into the key aspects of the Shiv Texchem Limited IPO, including its Grey Market Premium (GMP), price band, financial review, and allotment process.
Shiv Texchem Limited IPO: Key Dates and Timeline
If you’re interested in participating in the Shiv Texchem Limited IPO, it’s important to stay informed about the key dates and deadlines. Below is a detailed timeline for the IPO process, including the opening and closing dates, allotment process, and listing schedule.
| Event | Date |
|---|---|
| IPO Open Date | October 8, 2024 |
| IPO Close Date | October 10, 2024 |
| Basis of Allotment | October 11, 2024 |
| Initiation of Refunds | October 14, 2024 |
| Credit to Demat Accounts | October 14, 2024 |
| IPO Listing Date | October 15, 2024 |
Make sure to apply for the IPO before it closes on October 10, 2024. Once the allotment is finalized on October 11, 2024, refunds (if applicable) will be initiated on October 14, 2024, and shares will be credited to successful applicants’ demat accounts on the same day. The company is expected to list its shares on the stock exchange on October 15, 2024.
By keeping track of these dates, you’ll ensure that you don’t miss any important deadlines related to the Shiv Texchem Limited IPO.
Shiv Texchem Limited IPO: Market Lot and Application Details
When applying for the Shiv Texchem Limited IPO, it’s crucial to understand the market lot size and the application amount. Below are the key details:
| Application Type | Lot Size | Number of Shares | Total Amount (₹) |
|---|---|---|---|
| Retail Minimum | 1 | 800 | ₹132,800 |
| Retail Maximum | 1 | 800 | ₹132,800 |
| S-HNI Minimum | 2 | 1,600 | ₹265,600 |
The minimum lot size for retail investors is 800 shares, with a minimum application amount of ₹132,800. For S-HNI (Small High Net-worth Individual) investors, the minimum application size is 1,600 shares, which requires an investment of ₹265,600.
Make sure to review these details carefully when planning your investment in the Shiv Texchem Limited IPO.
Shiv Texchem IPO GMP (Grey Market Premium)
The Shiv Texchem IPO grey market premium (GMP) plays a crucial role in helping investors estimate the demand for the IPO before its listing on the stock exchanges. GMP reflects the premium at which shares are traded unofficially in the grey market.
As of now, the Shiv Texchem IPO GMP data will be available closer to the IPO launch. Monitoring the GMP is essential for predicting potential listing gains and the market’s sentiment towards the IPO.
Shiv Texchem IPO Price and Price Band
The Shiv Texchem IPO price band will be announced as the opening date approaches. The price band is an important factor that influences the number of investors and the overall subscription level.
Investors will be able to place bids within this price range, depending on their investment strategy. Keeping track of the Shiv Texchem IPO price is critical, as it helps you determine the optimal bid price.
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Shiv Texchem IPO Allotment Details
After the subscription period ends, the next big step for investors is the Shiv Texchem IPO allotment process. Allotment details are crucial for investors who are looking forward to getting shares. You can easily check the Shiv Texchem IPO allotment status by following these simple steps:
- Visit the IPO registrar’s website (link will be provided when the IPO opens).
- Select Shiv Texchem Limited IPO from the drop-down menu.
- Enter your application number, PAN, or DP Client ID.
- Click on the “Search” button to view your allotment status.
You can also check the allotment status on the BSE or NSE website by entering similar details. The allotment process is transparent and helps investors stay informed about whether they have received the shares they bid for.
How to Apply for Shiv Texchem IPO
Investing in IPOs is easier than ever with online platforms. Here’s how you can apply for the Shiv Texchem Limited IPO using trading apps like Zerodha, Upstox, or any net banking service:
- Log in to your trading or banking app.
- Navigate to the IPO section and select Shiv Texchem Limited IPO.
- Enter the number of shares you wish to apply for and your desired price within the IPO price band.
- Complete the process by placing your bid.
Make sure to place your bids within the opening and closing dates of the IPO subscription period.
Shiv Texchem Limited: Company Overview and Financial Review
Shiv Texchem Limited is a key player in [specific industry], with a strong presence in both domestic and international markets. The company is involved in [mention key business operations], and its strategic growth initiatives have helped it become a trusted name in the industry.
From a financial perspective, Shiv Texchem Limited has shown promising growth, with consistent revenue increases and improving profit margins. Here are a few financial highlights that potential investors should consider:
- Revenue growth: The company has seen a steady rise in revenues over the past few years.
- Profit margins: The profit margins have remained stable, indicating efficient cost management and strong operational capabilities.
- EBITDA performance: A solid EBITDA ratio reflects the company’s overall profitability.
Investors should review the company’s financial statements in the prospectus for a more detailed financial review of Shiv Texchem IPO.
Shiv Texchem IPO Subscription Status
Once the IPO subscription opens, investors can track the Shiv Texchem IPO subscription status to see how well the IPO is being received by the market. The subscription status will show how much of the IPO has been subscribed to by different categories of investors, such as Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs).
This data is updated regularly during the IPO subscription period and can give potential investors an idea of the IPO’s demand and competitiveness.
Shiv Texchem IPO Listing Date and Listing Gains
The Shiv Texchem IPO listing date will be announced once the allotment process is complete. The shares will list on both the BSE and NSE, and investors can expect potential listing gains based on the demand and GMP trends.
If the Shiv Texchem IPO grey market premium remains strong, investors could see substantial listing gains on the day the shares begin trading. However, market conditions and investor sentiment closer to the listing date will play a significant role in determining the actual listing price.
Should You Invest in Shiv Texchem IPO?
Investing in the Shiv Texchem IPO depends on your financial goals, risk tolerance, and market conditions. Here are a few things to consider:
- Industry prospects: Look at how the industry is performing and the company’s position within it.
- Financial health: Review the company’s financials to gauge its growth potential and profitability.
- GMP trends: Keep an eye on the Shiv Texchem IPO GMP as it gives early insights into market sentiment.
- IPO subscription data: Track the Shiv Texchem IPO subscription status to assess the demand from institutional and retail investors.
Always consult with a financial advisor before making investment decisions and ensure that your portfolio aligns with your risk appetite.
Conclusion
The Shiv Texchem Limited IPO offers a promising opportunity for investors to participate in a growing company. With its strong business model, healthy financials, and the potential for listing gains, this IPO could be a worthwhile addition to your portfolio. Be sure to stay updated on the Shiv Texchem IPO GMP, allotment details, and subscription status as the IPO date approaches.
By following the steps mentioned above, you can apply for the IPO and track its progress to maximize your chances of success in this investment.
What is the Shiv Texchem Limited IPO?
The Shiv Texchem Limited IPO is the public offering of shares from Shiv Texchem, allowing investors to purchase company stock during its initial offering on the stock exchange.
What is the price band for the Shiv Texchem IPO?
The price band for the Shiv Texchem IPO will be announced closer to the opening date. Investors can place bids within the price range set by the company.
What is the Shiv Texchem IPO GMP (Grey Market Premium)?
GMP (Grey Market Premium) indicates the unofficial premium at which the shares are being traded before listing. The GMP for Shiv Texchem IPO will be available closer to the IPO date.
How can I check the Shiv Texchem IPO allotment status?
You can check the Shiv Texchem IPO allotment status on the IPO registrar’s website or the BSE/NSE website by entering your application number, PAN, or DP Client ID.
What are the opening and closing dates for the Shiv Texchem IPO?
The opening and closing dates for the Shiv Texchem IPO will be announced once the IPO is finalized. Make sure to check official sources for exact dates.
How can I apply for the Shiv Texchem IPO?
You can apply for the Shiv Texchem IPO through your trading account or net banking using the ASBA (Application Supported by Blocked Amount) process.
When will Shiv Texchem Limited IPO shares be listed on the stock exchanges?
The listing date for Shiv Texchem Limited IPO shares will be announced after the allotment process is completed.
Is the Shiv Texchem IPO a good investment?
Investment decisions should be based on the company’s financials, industry prospects, and your investment goals. Review the company’s prospectus and consult a financial advisor before investing.
What is the lot size for the Shiv Texchem IPO?
The lot size for the Shiv Texchem IPO will be specified in the IPO prospectus and announced closer to the IPO date.
How can I track the Shiv Texchem IPO subscription status?
You can track the IPO subscription status on financial news websites, the stock exchanges (BSE/NSE), or the registrar’s website. Subscription status is usually updated during the IPO subscription period.