ListedSMESHIVAM

Shivam Chemicals Limited

Shivam Chemicals Limited is a sme IPO raising ₹20 Cr at a fixed price of ₹44 a share. It listed on 30 Apr 2024 and trades at ₹102 today, +131.5% against its issue price of ₹44. It was subscribed 0.00× in total.

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₹44

Issue price

₹102

Price now

+131.5%

Since issue price

30 Apr 2024

Listed on

0.00×Subscribed (final) · all exchanges

No bids yet

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹44

Cut-off price₹44

Issue size₹20 Cr

Shares per lot3000

Minimum application₹1,32,000

Minimum quantity3000

Face value₹10

Listing exchanges—

ISININE0SGR01013

Bidding hours10:00 – 17:00 IST

Bidding window23 Apr 2024 – 25 Apr 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.