Initial public offer of 45,87,000 equity shares of Rs. 10 each ("Equity Shares") of Shivam Chemicals Limited ("SCL" or the "Company") for cash at a price of Rs. 44 per share (the "Issue Price"), aggregating Rs. 20.18 crores ("The Issue"), of which 2,31,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "Market <Maker Reservation Portion"). The issue less than the market maker reservation portion i.e. issue of 43,56,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.00% and 25.64% respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is Rs. 10 and the issue price is 4.4 times of the face value.
The Minimum application of 3000
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
23-Apr-2024
25-Apr-2024
₹ 44.00
₹ 0.00
Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0