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Shiv Texchem Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Shiv Texchem Ltd IPO

Registered Office: Kamla Space Unit #.216 2nd Flr,Khira Nagar TPS 3 SV.Rd Santac , Mumbai - 400054 , Maharashtra , India.
Phone : +91 96195 11788   Fax:
Email :  cs@shivtexchem.com  
Website :  www.shivtexchem.com
Initial public issue of upto 61,05,600 equity shares of face value of (Rs)10/- each of Shiv Texchem Limited ("STL" or the "Company" or the "Issuer") for cash at a price of (Rs)166/- per equity share including a share premium of (Rs)156/- per equity share (the "Issue Price") aggregating to (Rs)101.35 crores ("The Issue"), of which 3,05,600 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)166/- per equity share including a share premium of (Rs)156/- per equity share aggregating to (Rs)5.07 crores was reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 58,00,000 equity shares of face value of (Rs)10/- each at a price of (Rs)166/- per equity share including a share premium of (Rs)156/- per equity share aggregating to (Rs)96.28 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.35 % and 25.03 %, respectively, of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
08-Oct-24 10-Oct-24 (Rs)166.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 91.74
Vivro Financial Services Pvt Ltd
Project Financed through Current Offer 101.35  
Post Issue Equity Share Capital 23.17  
Issue Price (Rs)166.00  
 
Projects
Utilization towards long-term working capital requirements of the companyGeneral corporate purposes
Promoted By
Vikas Pavankumar  
Hemnanshu S Chokhani  
Manjudevi Shyamsundar Chokhani  
Listing At
BSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd