Shiv Texchem IPO Review
Neutral158-166 · SME
✦
Analyst Verdict
Shiv Texchem IPO
Neutral
IPO at a Glance
Price Band
158-166
Issue Size
101cr
Min. Investment
₹1,32,800
Opens
2024-10-06
Closes
2024-10-08
Listing
2024-10-13
Category
SME
Key Strengths
✓The company integrates commercial and supply chain solutions, leveraging global hydrocarbon supplier relationships and providing insights to support distribution.
✓The company provides a variety of products from numerous suppliers to a wide customer base across different industries, reducing reliance on any one sector.
✓Storage facilities at major ports allow safe, efficient handling and timely delivery of materials to customers.
Key Risks
⚠A large portion of revenue depends on a select group of products, any disruption in their supply or demand could impact business performance.
⚠The company relies on a few key suppliers without long-term contracts, which could disrupt their operations if supplies are delayed.
⚠The business is highly dependent on specific industries, such as paints, coatings, and agrochemicals, making revenue vulnerable to fluctuations in these sectors.
⚠Potential policy shifts towards import substitution in India might reduce demand for imported products, affecting the company’s business model.
⚠The company depends on bank credit for its operations; any challenges in renewing or increasing these facilities could strain its finances.
⚠Unsecured debt, including loans from related parties, poses risks if recalled, as it can strain cash flow and impact financial stability.
Frequently Asked Questions
Should I apply for Shiv Texchem IPO?
Based on our analysis, our rating for Shiv Texchem IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Shiv Texchem IPO?
A large portion of revenue depends on a select group of products, any disruption in their supply or demand could impact business performance. The company relies on a few key suppliers without long-term contracts, which could disrupt their operations if supplies are delayed. The business is highly dependent on specific industries, such as paints, coatings, and agrochemicals, making revenue vulnerab
What are the strengths of Shiv Texchem IPO?
The company integrates commercial and supply chain solutions, leveraging global hydrocarbon supplier relationships and providing insights to support distribution. The company provides a variety of products from numerous suppliers to a wide customer base across different industries, reducing reliance on any one sector. Storage facilities at major ports allow safe, efficient handling and timely deli
What is the price band of Shiv Texchem IPO?
The price band for Shiv Texchem IPO is 158-166. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more