Shivchem Agro IPO
GMP, Subscription, Price, Dates & Financial Details
Pesticides & Agrochemicals
Shivchem Agro is an ISO-certified (ISO 9001:2015, ISO 22000:2018, and ISO 31000:2018) Indian agrochemical company. Incorporated in 2021, the company manufactures, stocks, distributes, and sells a wide range of solid (powder) and liquid (emulsifiable concentrate) agricultural formulations aimed at…
Open Date
Mon, 28 Sep 2026
Close Date
Wed, 30 Sep 2026
Price Band
₹ 59 – 62
Lot Size
2000
Issue Size
₹ 14.01 Cr
Minimum Investment
₹ 248,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Shivchem Agro IPO is set to open its Initial Public Offering (IPO) for subscription on September 28, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹14.01 Crore, comprising a fresh issue of 22.60 Lakh equity shares aggregating to ₹14.01 Crore.
The Shivchem Agro IPO will open for subscription on September 28, 2026, and close on September 30, 2026. The basis of allotment is expected to be finalized on October 01, 2026, while the shares are tentatively scheduled to be listed on BSE SME Platform on October 06, 2026.
The company has fixed the price band at ₹59 to ₹62 per share, with a lot size of 2000 shares. Retail investors will require a minimum investment of ₹248,000 (based on the upper price band) to apply for one lot.
Maashitla Securities Pvt. Limited is the registrar to the issue. Shannon Advisors Private Limited are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Shivchem Agro IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on September 30, 2026.
Shivchem Agro IPO Timeline (Tentative)
- IPO Open Date
- Mon, 28 Sep 26
- IPO Close Date
- Wed, 30 Sep 26
- Basis of Allotment
- Thu, 01 Oct 26
- Initiation of Refunds
- Mon, 05 Oct 26
- Credit of Shares to Demat
- Mon, 05 Oct 26
- Listing Date
- Tue, 06 Oct 26 — BSE
Open Date
28 September 2026
Close Date
30 September 2026
Basis Of Allotment
01 October 2026
Listing Date
06 October 2026
IPO Subscription
Check Live Subscription →The Shivchem Agro IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 28 September 2026
IPO Reservations
Reservation Details Are not Available until IPO Opens.
Reservation figures are shown once IPO opens.
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 45.04 | 36.29 | 16.41 |
| Revenue | 33.84 | 27.5 | 10.95 |
| Profit After Tax | 3.25 | 2.6 | 1.29 |
| Net Worth | 12.92 | 9.67 | 1.5 |
| Reserve & Surplus | 10.28 | 7.04 | 1.45 |
| Total Borrowings | 7.28 | 8.26 | 7.1 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Shivchem Agro Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 28.76 | 46.57 | 151.37 |
| ROCE % | 30.04 | 31.993 | 37.55 |
| Debt / Equity | 0.56 | 0.85 | 4.73 |
| RoNW % | 28.76 | 46.57 | 151.37 |
| Pat Margin % | 9.61 | 9.47 | 11.82 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Shivchem Agro Ltd | 5 | 0 | 6.16 | 6.16 | 28.76 | 24.5 |
| Super Crop Safe Ltd | 2 | 27.83 | 0.52 | 0.52 | 6.69 | 7.8 |
| Sikko Industries Ltd | 1 | 15.21 | 0.33 | 0.33 | 5.92 | 1.98 |
About Shivchem Agro Limited
Shivchem Agro is an ISO-certified (ISO 9001:2015, ISO 22000:2018, and ISO 31000:2018) Indian agrochemical company. Incorporated in 2021, the company manufactures, stocks, distributes, and sells a wide range of solid (powder) and liquid (emulsifiable concentrate) agricultural formulations aimed at enhancing crop protection and productivity.
Product Portfolio & Regulatory Approvals
Insecticides: Formulations designed to manage pest populations (88 CIBRC-approved products).
Fungicides: Treatments to combat fungal diseases in crops and seeds (40 CIBRC-approved products).
Herbicides: Solutions to tackle unwanted plants and weeds (37 CIBRC-approved products).
Plant Growth Regulators: Hormones and vitamins to support plant development (8 CIBRC-approved products).
Rodenticides: Chemical substances to control or repel rodent populations (3 CIBRC-approved products).
Fertilizers: Specialized nutrition tailored for diverse soil and crop needs (82 formulations authorized under the Fertilizer Control Order, 1985).
Statutory Licenses: Licensed under the Insecticides Act, 1968 to manufacture 176 agrochemical products approved by the Central Insecticides Board and Registration Committee (CIBRC), Haryana, alongside 82 authorized fertilizer products.
Manufacturing & Operations
Facility: Operates a modern manufacturing unit in Jhajjar, Haryana, integrated with pollution control technologies, including an Effluent Treatment Plant (ETP) and a Wet Scrubber Unit.
Distribution Reach: Licensed for sale and distribution across Andhra Pradesh, Telangana, Odisha, Assam, and Madhya Pradesh.
Logistics & Network: Supported 516 distributors and 6 strategically located godowns across its operating states as of March 31, 2025.
Workforce: Employed 59 permanent employees as of August 31, 2025.
Shivchem Agro IPO Promoters
Rohit Agarwal
Sachin Agarwal
Deepa Agarwal
Promoters Holding
Holding Pre Issue
92.73%
Holding Post Issue
64.91%
Shivchem Agro IPO Objective
The Company Shivchem Agro IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the working capital requirements of our Company
- Repayment/prepayment, in full or part, of certain loans availed by our Company
- General Corporate Purpose
Shivchem Agro Limited Address / Contact Details
Shivchem Agro Ltd.
Unit No. 703, 704, Amba Tower,
Plot No.2, Community Centre,
D.C Chowk, Sector-9Rohini Sec-11
North West Delhi, New Delhi, 110085
Phone: +91 11 4600855
Email: compliance@shivchemagro.com
Website: http://www.shivchemagro.com/
IPO Snapshot
Shivchem Agro IPO Lot Size
The Shivchem Agro IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,48,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,48,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 248,000.00 |
| Retail (Max) | 2 | 4,000 | 248,000.00 |
| S-HNI (Min) | 3 | 6,000 | 372,000.00 |
| S-HNI (Max) | 8 | 16,000 | 992,000.00 |
| B-HNI (Min) | 9 | 18,000 | 1,116,000.00 |
Issue Reservation
Book Running Lead Managers
- Shannon Advisors Private Limited
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Shivchem Agro IPO?
Shivchem Agro IPO is a Book-building IPO with a total issue size of ₹14.01 crore. The Shivchem Agro IPO price band is ₹59 to 62 per share. The Shivchem Agro IPO subscription opens on Mon, Sep 28, 2026, and closes on Wed, Sep 30, 2026. The Shivchem Agro IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the Shivchem Agro IPO.
When will the Shivchem Agro IPO open for subscription?
The Shivchem Agro IPO opens on Mon, Sep 28, 2026 and closes on Wed, Sep 30, 2026
What is Shivchem Agro IPO Price Band?
Shivchem Agro IPO Price Band is ₹59 to 62 per share.
What is Shivchem Agro IPO Lot Size?
Shivchem Agro IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹248000 based on the upper price band
What is the minimum investment for Shivchem Agro IPO?
The minimum investment for Shivchem Agro IPO is ₹248000, based on one lot of 2000 shares at the upper price band of ₹62 per share.
How to apply for Shivchem Agro IPO?
Investors can apply for the Shivchem Agro IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Sep 30, 2026. The application amount remains blocked until the Shivchem Agro IPO allotment is finalized.
What is Shivchem Agro IPO Issue Size?
Shivchem Agro IPO issue size is ₹14.01 crores.
What is the Shivchem Agro IPO Allotment Date?
Shivchem Agro IPO allotment date is Thu, Oct 1, 2026.
Who is the Shivchem Agro IPO Registrar?
The registrar for Shivchem Agro IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Shivchem Agro IPO allotment status, refund processing, and other IPO-related information.
Who is the Shivchem Agro IPO Lead Manager?
The book-running lead managers (BRLMs) for the Shivchem Agro IPO are Shannon Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Shivchem Agro IPO Red Herring Prospectus (RHP).