Shivam Chemicals Ltd Back Registered Office: # 108 1st Flr Hubtown Solaris,Off NS Phadke Marg Andheri E , Mumbai - 400069 , Maharashtra , India. Phone : +91 98199 68855   Fax: Email :  info@shivamchem.com   Website :  www.shivamchem.com Initial public offer of 45,87,000 equity shares of Rs10 each ("Equity Shares") of Shivam Chemicals Limited ("SCL" or the "Company") for cash at a price of Rs44 per share (the "Issue Price"), aggregating Rs20.18 crores ("The Issue"), of which 2,31,000 equity shares of Rs10 each will be reserved for subscription by market maker to the issue (the "Market Rs10 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 Rs10 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-24 25-Apr-24 Rs44.00-0.00 Rs0.00-0.00 Minimum Application for shares in Nos :3000  Further Multiples of :3000   Rs Cr Lead Managers to the Issue Project Cost 17.68 Aryaman Financial Services Ltd Project Financed through Current Offer 20.18   Post Issue Equity Share Capital 16.99   Issue Price Rs44.00

Projects

Funding working capital requirements in the company	General corporate purposes
Investment in subsidiary co M/s Shivam Chemical & Minerals Pvt Ltd for financing the augmentation of its working capital capabilities

Promoted By Sanjiv Girdharlal Vasant Soham Sanjay Vasant Shivam Sanjay Vasant

Listing At BSE - SME

Registrar to the Issue Cameo Corporate Services Ltd