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Shivchem Agro Ltd IPO

Listed SME BSE SME Bookbuilding IPO
Min Investment
₹2,48,000
2000 shares · 1 lot

Shivchem Agro Ltd IPO was priced at ₹59–₹62 per share with an issue size of ₹14 crore. The IPO opened on Sep 28, 2026 and closed on Sep 30, 2026, with a lot size of 2,000 shares and a minimum investment of ₹2,48,000.

Open
28 Sep
Close
30 Sep
Allotment
01 Oct
Refund
05 Oct
Listing
06 Oct

Market Sentiment

Grey Market Premium

Full history →
+₹11.00 +17.7%
Est. listing: ₹73
Updated 29 Sep 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹59.00 - ₹62.00 per share
Lot Size2000 shares
Min Investment₹2,48,000
Total Issue Size ₹14.00 crore
Shares Offered22,60,000
Issue Structure Fresh Issue
Issue TypeBookbuilding IPO
Lead Manager(s)Shannon Advisors Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.
Listing AtBSE SME

Quick Profit Calculator

Issue price ₹62 · lot size 2000 shares · estimated listing price ₹73 (GMP +₹11)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 2,000 ₹1,24,000 ₹1,46,000 +₹22,000
S-HNI (Min) 2 4,000 ₹2,48,000 ₹2,92,000 +₹44,000
S-HNI (UPI limit) 4 8,000 ₹4,96,000 ₹5,84,000 +₹88,000
S-HNI (Max) 8 16,000 ₹9,92,000 ₹11,68,000 +₹1,76,000
B-HNI (Min) 9 18,000 ₹11,16,000 ₹13,14,000 +₹1,98,000
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹6.16
P/E (Post)
14.39 x
RoNW
28.76%
RoCE
30.04%
Net Worth
₹12.92 Cr
MetricLatest Reported
Total Income₹33.84 Cr
Profit After Tax₹3.25 Cr
Net Worth₹12.92 Cr

Promoters & Holding

Promoters: Rohit Agarwal, Sachin Agarwal, Deepa Agarwal

Promoter Holding (Pre-Issue)92.73%
Promoter Holding (Post-Issue)64.91%

Strengths & Risks

Strengths

  • 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.

Risks & Concerns

  • Dependence on a limited number of products for revenue.
  • Regulatory risks associated with the agrochemical industry.
  • Competition from established players in the agrochemical market.
  • Fluctuations in raw material prices.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Shivchem Agro Limited is an agrochemical company engaged in the manufacturing, stocking, distribution and sale of agricultural formulations.

Founded2021-09-01
HeadquartersNorth West Delhi, New Delhi
IndustryAgrochemicals
Websitehttps://www.shivchemagro.com/

Objects of the Issue

  • Funding the working capital requirements of the Company
  • Repayment/prepayment, in full or part, of certain loans availed by Company
  • General Corporate Purposes

Registrar & Allotment

RegistrarMaashitla Securities Pvt.Ltd.
Phone011-45121795
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Shivchem Agro Ltd IPO — dates, pricing, allotment and listing.

Shivchem Agro Ltd IPO is a bookbuilding ipo of ₹14 crore. The issue was priced at ₹59–₹62 per share, with a lot size of 2,000 shares. Bidding ran from Mon, 28 Sep 2026 to Wed, 30 Sep 2026, with shares listed on BSE SME.

The price band was ₹59–₹62 per share.

One lot was 2,000 shares. Bids had to be placed in multiples of 2,000.

A retail investor needed at least ₹2,48,000 – one lot of 2,000 shares at ₹62, the upper end of the price band.

Shivchem Agro Ltd IPO opened on Mon, 28 Sep 2026 and closed on Wed, 30 Sep 2026.

Allotment was finalised on Thu, 01 Oct 2026.

Shivchem Agro Ltd shares were listed on Tue, 06 Oct 2026 on BSE SME.

The company intended to use the net proceeds towards funding the working capital requirements of the company, repayment/prepayment, in full or part, of certain loans availed by company and general corporate purposes.

Shannon Advisors Pvt.Ltd. is the book running lead manager. Maashitla Securities Pvt.Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Shivchem Agro Ltd IPO subscription page, and on the BSE and NSE websites.

From Thu, 01 Oct 2026, check the Shivchem Agro Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.