Shivam Chemicals Ltd Summary
Shivam Chemicals Limited was initially incorporated as Sun Organosys Private Limited on October 12, 2010 with the Registrar of Companies, Mumbai. The name of the Company got changed to Shivam Chemicals Private Limited and a fresh Certificate of Incorporation was issued on January 30, 2012. Thereafter, the name of the Company was changed to Shivam Chemicals Limited with effect from November 21, 2023.
The Company is a manufacturer of Hydrated Lime product (Calcium Hydroxide) & a distributor of various products such as Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, etc. With rich experience and knowledge, it built a well-established marketing network across India and distribute animal feed products for various well renowned manufacture Over the years, it supplied an impressive quantity of over 2.50 Lakh metric tons of various products, reflecting their commitment to meet the demands of the market. The cumulative value of these supplied products exceeded Rs 750 Cr., underscoring the financial significance in the sector.
With an average monthly sales volume of 2,650 metric tons, Shivam maintain a consistent presence and contribute to the steady flow of products in the market. Their journey began with a primary focus on animal feed supplement trading till FY 2022-23 and established a 100% owned subsidiary, Shivam Chemicals and Minerals Private Limited with a manufacturing capacity of 60,000 MT at Dahej, Gujarat, which was incorporated in 2019. The manufacturing unit started commercial production in May 2023 and achieved 40% capacity utilization by December.
The Company came up with a public issue which consisted 45,87,000 Equity Shares of Rs 10 each, by raising Rs 20.18 Cr on 25 April, 2024.