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Home/IPO/Shivchem Agro IPO
Updated: 29-Sep 22:37
Shivchem Agro

Shivchem Agro IPO

OpenBSE SME

Listing at: BSE SME • Unit No. 703, 704, Amba Tower,Plot No.2, Community Centre, D.C Chowk, Sector-9Rohini Sec-11North West Delhi, New Delhi, 110085

Allotment status Not declared yet

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

Live GMP Today
₹10 (16.13%)
Rating:3/5
Est. Listing Price
₹72
Est. Gain: +16.1%
Est. Profit / Lot
₹20,000
Per Retail Application
Price Band
₹62
Face Value: ₹5
Min. Retail Inv.
₹1,24,000
Lot: 2000 Shares
Total Subscription
0.61x
Anchor: No

Shivchem Agro IPO GMP History

Genuine daily snapshots retained by the WeeStox backend

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

GMP dateIPO priceGMPPremiumEst. profit / lotSubscriptionMovement
29 Sept 2026₹62+₹1016.13%+₹20,0000.61x↑ Up
28 Sept 2026₹62+₹69.68%+₹12,0000.11x↑ Up
27 Sept 2026₹62₹00.00%+₹0-Flat
26 Sept 2026₹62₹00.00%+₹0-Flat
25 Sept 2026₹62₹00.00%+₹0-Flat
24 Sept 2026₹62₹00.00%+₹0-Flat
23 Sept 2026₹62₹00.00%+₹0-Flat

Explore the complete GMP movement

Open the chart and all available daily records.

Shivchem Agro IPO Details

IPO Date28 Sept 2026 to 30 Sept 2026
Listing AtBSE SME
Face Value₹5 per share
Price Band₹62
Lot Size2000 Shares
Total Issue Size₹14.01 Cr(₹1,255.57 Cr)
Fresh Issue22.60L shares (₹13 Cr)
Offer for Sale (OFS)Nil
Issue TypeSME Issue

Shivchem Agro IPO Timetable

IPO Open Date28 Sept 2026
IPO Close Date30 Sept 2026
Basis of Allotment01 Oct 2026
Initiation of Refunds05 Oct 2026
Credit of Shares to Demat05 Oct 2026
Listing Date06 Oct 2026
Cut-off time for UPI Mandate5 PM on 30 Sept 2026
Employee Discount₹20.00/share (Up to 52,083 shares)

Shivchem Agro IPO Reservation

CategoryReservationShares Offered
QIB Shares Offered5.03%1,08,000
NII (HNI) Shares Offered47.25%10,14,000
− bNII > ₹10L Shares Offered–6,76,000
− sNII < ₹10L Shares Offered–3,38,000
Retail Shares Offered47.72%10,24,000
Market Maker Shares Offered–1,14,000

Shivchem Agro Anchor Details

Anchor investor bidding data has not been announced or is not applicable.

Shivchem Agro IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)Reserved Applications
Individual investors (IND) (Min)2 Lots Shares₹2,48,000–
Individual investors (IND) (Max)2 Lots Shares₹2,48,000–
S-HNI (Min)3 Lots Shares₹3,72,000–
S-HNI (Max)8 Lots Shares₹9,92,000–
B-HNI (Min)9 Lots Shares₹11,16,000–

Shivchem Agro Promoter Holding

Pre-Issue HoldingDisclosed in RHP
Post-Issue HoldingTo be calculated

Shivchem Agro IPO Live Subscription Status

Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost
Overall Demand:0.61x
03:31 am
Investor CategoryShares OfferedShares BiddedSubscription Times
QIBs1,08,000–0.00x
HNIs10,14,0001,38,0000.14x
bHNI6,76,0001,14,0000.17x
sHNI3,38,00024,0000.07x
Individual10,24,0001,00,0000.10x
Total21,46,0002,38,0000.11x

Shivchem Agro Limited Financial Information (Restated Consolidated in ₹ Crores)

Period EndedAssetsTotal IncomeProfit After TaxEBITDANet WorthTotal Borrowing
31 Mar 2026₹45.04 Cr₹33.84 Cr₹3.25 Cr₹5.98 Cr₹12.92 Cr₹7.28 Cr
30 Mar 2026₹45.04 Cr₹33.84 Cr₹3.25 Cr₹5.98 Cr₹12.92 Cr₹7.28 Cr
31 Mar 2025₹36.29 Cr₹27.50 Cr₹2.60 Cr₹4.32 Cr₹9.67 Cr₹8.26 Cr
30 Mar 2025₹36.29 Cr₹27.50 Cr₹2.60 Cr₹4.32 Cr₹9.67 Cr₹8.26 Cr
31 Mar 2024₹16.41 Cr₹10.95 Cr₹1.29 Cr₹1.93 Cr₹1.50 Cr₹7.10 Cr
30 Mar 2024₹16.41 Cr₹10.95 Cr₹1.29 Cr₹1.93 Cr₹1.50 Cr₹7.10 Cr

Shivchem Agro Key Valuation & Financial KPIs

ROE28.76%
ROCE30.04%
Debt / Equity0.56x
P/E (Post IPO)14.39
EBITDA Margin17.69%
Market Cap₹46.7 Cr

Shivchem Agro IPO Analysis

Review the company's key advantages and material business risks.

Strengths & Positives

Competitive advantages and operational merits

  • Shivchem Agro Limited was incorporated as Shivchem Agro Private Limited on September 12, 2021. It was subsequently converted into a public limited company and renamed Shivchem Agro Limited, with a fresh certificate of incorporation issued on November 19, 2024.

  • The Company focuses on crop protection solutions and aims to educate farmers on the judicious use of crop- and pest-specific products. Its sales and marketing team guides farmers on techniques related to sowing, harvesting and crop selection based on changing weather conditions, while the Company works towards adding new chemistries to its product portfolio.

  • The Company initially started operations in North India and is gradually expanding towards Central India, with an objective to establish operations across the country. It has its registered office in Delhi and a manufacturing facility in Haryana.

  • Its primary sales come from Andhra Pradesh, Telangana, Assam and Odisha, with a presence in Bihar, Jharkhand and Madhya Pradesh. The Company works with 500+ distributors and 2,000 retailers, while its products are positioned alongside leading brands. High-quality products and attractive packaging have supported repeat purchases and strengthened farmer trust.

  • Diversified Product Portfolio: Holds licences to manufacture 176 agrochemical products, including insecticides, fungicides, herbicides, plant growth regulators and rodenticides, along with 82 fertilizers.

  • Large Distribution Network: Has 516 distributors across various states, supported by a 23-member sales and marketing team focused on distribution, customer service and product promotion.

  • On-Field Product Demonstrations: Conducts farmer demonstrations through a 16-member field and marketing team, providing guidance on correct product dosage and application techniques.

About Shivchem Agro Limited

Shivchem Agro IPO is a book build issue of ₹14.01 crores. The issue is entirely a fresh issue of 22.60 lakh shares of ₹14.01 crore.Shivchem Agro IPO opens for subscription on Sep 28, 2026 and closes on Sep 30, 2026. The allotment for the Shivchem Agro IPO is expected to be finalized on Oct 1, 2026. Shivchem Agro IPO will list on the BSE SME with a tentative listing date fixed as Oct 6, 2026.Shivchem Agro IPO is set issue price band at ₹59 to ₹62 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,48,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,72,000.Shannon Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd.Refer to Shivchem Agro IPO RHP for detailed Information.

Incorporated in September 2021, Shivchem Agro Limited is an agrochemical company engaged in the manufacturing, stocking, distribution and sale of agricultural formulations.The Company offers a diversified portfolio of insecticides, fungicides, herbicides, plant growth regulators, rodenticides and fertilizers. As of the date of the Red Herring Prospectus, the Company is licensed to manufacture 176 agrochemical products, including 88 insecticides, 40 fungicides, 37 herbicides, 8 plant growth regulators and 3 rodenticides. It also has authorization for manufacturing 82 fertilizers, of which it currently manufactures 8. The Company is licensed to sell, stock, exhibit and distribute its products across eight states in India and, as of March 31, 2026, had 685 distributors supported by five godowns. Its manufacturing facility in Jhajjar is equipped with machinery for agrochemical production and includes an Effluent Treatment Plant and Wet Scrubber Unit for managing wastewater and air emissions. The Company is ISO 9001:2015, ISO 22000:2018 and ISO 31000:2018 certified and provides crop protection solutions through the manufacturing, supply and distribution of solid and liquid formulations. Its product portfolio is supported by on-field product demonstrations and a distribution network serving multiple agricultural markets. As of March 31, 2026, the Company had 66 permanent employees, with the largest workforce deployed across sales and marketing, manufacturing and operations, accounts and finance, and field functions. • Diversified Product Portfolio. • Large and Diverse Distributor Network. • Automated Filling and Packaging Infrastructure. • Strong On-Field Product Demonstration Capabilities. • Manufacturing Facility with Diverse Product Capabilities.

Shariah Compliance Screening (AAOIFI Standard 21)

Business ActivityRequires ReviewImpermissible Revenue ≤ 5%
Debt-to-Assets Ratio16.16%Threshold ≤ 33% of Assets
Purification GuidanceStandard 0.5%Donate interest dividend fraction
Auditor Notes: Sector information not available — cannot screen business activity

Shivchem Agro IPO Documents & Reports

Official prospectus, reports and regulatory filings
Document TitleAuthority / HostStatusAction
Red Herring Prospectus (RHP)
Complete offer document filed with ROC & SEBI
SEBI / ROCAvailable View RHP
Draft Red Herring Prospectus (DRHP)
Initial regulatory draft submitted for public comments
SEBI FilingsFiled View DRHP
Anchor Investor Allocation Report
Allotment list to institutional bidders
BSE / NSE CircularN/ANot Applicable
IPO Allotment Status & Basis of Allotment
Registrar query portal via PAN / Application No.
Maashitla Securities Pvt.Ltd.Live Portal Check Allotment
Corporate Website & Investor Relations
Official portal and financial reports
Issuer PortalActive Visit Portal

Shivchem Agro IPO Registrar & Lead Managers

Registrar of the Issue
Maashitla Securities Pvt.Ltd.
011-45121795
Book Running Lead Managers (BRLM)
  • Shannon Advisors Pvt.Ltd.
Registered Office

Unit No. 703, 704, Amba Tower,Plot No.2, Community Centre, D.C Chowk, Sector-9Rohini Sec-11North West Delhi, New Delhi, 110085