Shivchem Agro IPO
Shivchem Agro opens for subscription on 28 Sept 2026 and closes on 30 Sept 2026, at a price band of ₹59 – ₹62 with a lot of 4000 shares. Listing is expected on 6 Oct 2026.
Updated 22 Oct 2026
Important dates
Opens
28 Sept 2026
Closes
30 Sept 2026
Allotment
1 Oct 2026
Listing
6 Oct 2026
IPO details
| Price band | ₹59 – ₹62 |
|---|---|
| Lot size | 4000 shares |
| Minimum investment | ₹2,48,000 |
| Issue size | ₹14.01 crore |
| Face value | ₹5 per share |
| Board | SME |
| Listing at | BSE SME |
| Retail quota | 35% |
| EPS | ₹6.16 |
| RoNW | 28.76% |
Grey market premium (GMP)
Last reported GMP: ₹2 (3.2%), an unofficial estimated listing price near ₹64 or about ₹8,000 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 2.20 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0× | 0.14× | 0.1× | 0.11× |
| Day 2 | 0× | 0.6× | 0.68× | 0.61× |
| Day 3 | 1× | 1× | 3.5× | 2.2× |
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 10.95 | 9.22 | 1.29 |
| FY25 | 27.5 | 23.98 | 2.6 |
| FY26 | 33.84 | 29.44 | 3.25 |
About Shivchem Agro
Set up in September 2021, Shivchem Agro is an agrochemical firm that manufactures, distributes, and sells agricultural formulations. Its product range includes insecticides, fungicides, herbicides, plant growth regulators, rodenticides, and fertilizers. As of today, the firm has made 176 agrochemical products, including 88 insecticides, 40 fungicides, 37 herbicides, 8 plant growth regulators, and 3 rodenticides.
The company holds the license to sell and distribute products across 8 states in India, with 685 distributors in five godowns. Its manufacturing facility is situated in Jhajjar, which includes machinery for agrochemical production, an Effluent Treatment Plant, and a Wet Scrubber Unit for managing wastewater and air emissions. Moreover, Shivchem Agro distributes its products in 2 ways: first, by visiting farmers and showing them how to use the products, and second, by using distributors to distribute its products in different areas.
Objects of the issue
- Funding the working capital requirements of the Company
- Repayment/prepayment, in full or part, of certain loans availed by the Company
- General Corporate Purpose
Allotment status and registrar
Maashitla Securities Pvt. Ltd. is the registrar. After 1 Oct 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 011-45121795 · investor.ipo@maashitla.com
Lead managers and offer documents
- Shannon Advisors Pvt. Ltd.
Shivchem Agro IPO: FAQs
When does the Shivchem Agro IPO open and close?
The Shivchem Agro IPO opens on 28 Sept 2026 and closes on 30 Sept 2026.
What is the Shivchem Agro IPO price band?
The price band is ₹59 – ₹62 per share (face value ₹5).
What is the Shivchem Agro IPO lot size?
One lot is 4000 shares, so the minimum investment is ₹2,48,000 at the upper price band.
When is the Shivchem Agro IPO allotment date?
Allotment is expected on 1 Oct 2026. Check the status on the registrar's site (Maashitla Securities Pvt. Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Shivchem Agro shares list?
Listing is expected on 6 Oct 2026 on BSE SME.
What is the Shivchem Agro IPO GMP today?
The grey market premium was about ₹2 (3.2%) when this page was last updated, implying an unofficial estimated listing near ₹64. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.