Shiv Texchem IPO

Shiv Texchem Limited IPO: Fresh issue of 61.05 lakh shares (₹101.35 Cr) to fund long-term working capital needs and for general corporate purposes.

Important Details

Open Date : October 8, 2024 Close Date : October 10, 2024 Allotment Date: October 11, 2024 Listing Date: October 15, 2024

Important Details

IPO Price: INR 156-166 per share Lot Size: 800 Shares Total Issue Size: INR 101.35 crores

Fundamental Analysis

Shiv Texchem IPO shows mixed performance: 1. Strong revenue growth. 2. Improving profitability. 3. Solid equity base. 4. Reduced financial risk.

Peer Comparison

1. No comparable listed companies in terms of business operations or size. 2. Industry comparison: Not possible due to lack of similar companies.

Objective

Shiv Texchem IPO Objective: 1. IPO Objective: INR 75 crores for long-term working capital. 2. Remaining Funds: General corporate purposes, including operational expenses and project development.

Risks And Challenges

Shiv Texchem IPO Risks: 1. Heavy reliance on select products. 2. Risks: Key product unavailability and industry dependence. 3. Concerns: Import substitution policies and employee misconduct.