The Shiv Texchem IPO presents a compelling opportunity for investors, set with a minimum market lot of 800 shares requiring an application amount of ₹132,800. This IPO is classified as a Small and Medium Enterprise (SME) IPO, and it will be listed on the BSE, making it accessible for a broad range of investors looking to diversify their portfolios.
About Shiv Texchem Limited
Founded on March 31, 2005, under the Companies Act of 1956 and registered in Mumbai, Shiv Texchem Limited specializes in the import and distribution of hydrocarbon-based chemicals. The company plays a crucial role in sourcing these chemicals for international producers and suppliers while redistributing them to meet the needs of domestic industries. Key product categories include:
- Alcohol
- Aromatics
- Monomers
- Isocyanates
These raw materials are essential components in various applications, notably in the paint, printing inks, and agrochemical sectors, highlighting Shiv Texchem’s importance in the chemical supply chain.
IPOWatch View
Given the potential long-term growth prospects of Shiv Texchem, we recommend that investors consider applying for this IPO with a Long-term View. It is vital to evaluate participation from Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Investors (RII) before making an investment decision.
Shiv Texchem IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.00 | 0.00 | 0.00 |
| RII | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
Shiv Texchem IPO Investor Categories
- Qualified Institutional Buyers (QIB): Includes financial institutions, banks, foreign institutional investors, and mutual funds.
- Non-Institutional Investors (NII): Comprises individual investors, NRIs, companies, trusts, etc.
- Retail Individual Investors (RII): Consists of individual retail investors including NRIs.
- Employee (EMP): Eligible employees of the company.
- Others: Eligible shareholders of the company.
Shiv Texchem IPO Review
The Shiv Texchem IPO offers a strategic entry point for investors looking to invest in a company with a solid foundation in the chemical industry. Despite the slow initial subscription rates, it’s essential for potential investors to keep an eye on market trends and the company’s performance metrics.
How to Apply for the Shiv Texchem IPO
To apply for the Shiv Texchem IPO, you have several options. The most common method is to use the ASBA (Application Supported by Blocked Amount) facility available in your bank account. Here’s a simple guideline:
- Login to your bank’s online platform.
- Select the Shiv Texchem IPO in the Invest section.
- Fill in the required details and submit your application.
You can also download the IPO form from the internet, fill it out, and submit it either to your bank or your broker.
Shiv Texchem IPO Subscription Status FAQs
When will the Shiv Texchem IPO Subscription start?
How to subscribe to the Shiv Texchem IPO?
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How to apply for the Shiv Texchem IPO through popular trading platforms?
Upstox: Access your Upstox account, find the IPO, click on Bid, confirm your application, and approve the mandate through your UPI app.
Paytm Money: Open the Paytm Money app, select the IPO “Shiv Texchem,” click Bid, confirm, and then approve via your UPI app.
