Registered Office:
Unit #.703 704 Amba Tower Plot,No.2 Community Centre DC Chowk,
New Delhi - 110085,
New Delhi, India.
Phone : +91 11 4600 8555
Fax : NA
This initial public offer of 22,60,000 equity shares of face value of (Rs) 5/- each ("Equity Shares") of Shivchem Agro Limited ("The company" or "The Issuer") for cash at a price of (Rs) 62 per equity share including a share premium of (Rs) 57 per equity share ("Issue Price") aggregating to (Rs) 14.01 Crores ("The Issue"), out of which, 1,14,000 equity shares of face value of (Rs) 5/- each at a price of (Rs) 62 per equity share, aggregating to (Rs) 0.71 Crores, were reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion, i.e., 21,46,000 equity shares of face value of (Rs) 5/- each at a price of (Rs) 62 per equity share, aggregating to (Rs) 13.31 Crores, is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.00% and 28.49%, respectively, of the post-issue paid-up equity share capital of the company.
Price Band: (Rs) 62 per equity share of face value (Rs) 5/- each.
The floor price is 12.40 times the face value of the equity shares.
Bids can made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
Opens On
Closes On
Application
Allotment
28-Sep-26
30-Sep-26
62.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
4000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
11.91
Shannon Advisors Private Limited