Shivchem Agro
LISTEDIPO Date: 28 Sept - 30 Sept 2026
Listing Date: 6 Oct 2026
Price Range
Rs.59 - Rs.62
Issue Size
14 Cr
Min Investment
₹2,36,000
2 lots minimum (SEBI rule for SME)
Min Application
4000 Shares
2000 per lot × 2
Schedule of Shivchem Agro
Issue open date
28 Sept 2026
Issue close date
30 Sept 2026
UPI mandate deadline
30 Sept 2026 (5 PM)
Allotment finalization
1 Oct 2026
Share credit
5 Oct 2026
Listing date
6 Oct 2026
Mandate end date
15 Oct 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 14 Cr |
| Fresh Issue | 14.01 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 1 Oct 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 6 Oct 2026Latest | ₹62 | ₹2 | ₹64(+2.42%) |
| 5 Oct 2026 | ₹62 | ₹2 | ₹64(+2.42%) |
| 4 Oct 2026 | ₹62 | ₹2 | ₹64(+2.42%) |
| 3 Oct 2026 | ₹62 | ₹2 | ₹64(+2.42%) |
| 2 Oct 2026 | ₹62 | ₹1 | ₹63(+1.61%) |
| 1 Oct 2026 | ₹62 | ₹1 | ₹63(+1.61%) |
| 30 Sept 2026 | ₹62 | ₹1 | ₹63(+1.61%) |
| 29 Sept 2026 | ₹62 | ₹10 | ₹72(+16.13%) |
| 28 Sept 2026 | ₹62 | ₹6 | ₹68(+9.68%) |
| 27 Sept 2026 | ₹62 | ₹6 | ₹68(+9.68%) |
Performance Shivchem Agro
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.59 - Rs.62 | ₹ 62 (-0.5%) | ₹ 32 | -48.39% |
About Shivchem Agro
Shivchem Agro is an agrochemical company engaged in the manufacturing, stocking, distribution, and sale of agricultural formulations in India. Its product portfolio comprises insecticides, fungicides, herbicides, plant growth regulators, rodenticides and fertilisers, offered in solid and liquid formulations for crop protection and agricultural applications. The company is licensed to sell, stock, exhibit, and distribute its products across eight states: Andhra Pradesh, Telangana, Odisha, Assam, Bihar, West Bengal, Uttar Pradesh, and Madhya Pradesh. As of March 31, 2026, it had 685 distributors and operated five godowns across these states. Its manufacturing facility is located in Jhajjar, Haryana, and is equipped with an effluent treatment plant and wet scrubber unit. The company is ISO 9001:2015, ISO 22000:2018, and ISO 31000:2018 certified and has obtained the required pollution control consents for its manufacturing operations.
| Founded in | 2021 |
| Managing director | Mr Sachin Agarwal |
| Parent organization |
Financial Overview
Strengths
5- 1
Portfolio of 176 agrochemicals and 82 fertilizers.
- 2
In-house manufacturing facility in Jhajjar, Haryana.
- 3
Network of 685 distributors across key domestic markets.
- 4
Strategically located 5 godowns ensuring efficient regional product supply.
- 5
Allocation of IPO funds for working capital expansion.
Risks
5- 1
Vulnerability to seasonal weather and monsoon variations.
- 2
Mandatory statutory approvals and regulatory compliances.
- 3
High working capital needs and history of negative cash flows.
- 4
Raw material price fluctuations without long-term contracts.
- 5
Operations conducted on leased plant and warehouse properties.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | 0.63 |
| Retail Individual Investors (RIIs) | 0.61 |
| Employee | N/A |
| Total | 0.59 |