Shivchem Agro IPO GMP today is Rs 0. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
SHIVCHEM
Shivchem Agro IPO GMP, Subscription & Allotment Status Today
Shivchem Agro manufactures and distributes a wide range of agrochemicals and fertilizers designed for crop protection and yield enhancement. The company’s portfolio includes insecticides, fungicides, herbicides, plant growth regulators, rodenticides, and various fertilizers. Operating from a manufacturing facility located in Jhajjar, Haryana, the business formulates chemical solutions to address diverse farming requirements. Shivchem Agro generates its revenue primarily through the sale and distribution of these agrochemical formulations across domestic markets, including Andhra Pradesh, Assam, Haryana, Telangana, Odisha, and Bihar. The company sells its offerings through an extensive distribution network, supported by strategically leased godowns across multiple Indian states to facilitate product supply and timely delivery. Raw materials are sourced from third-party suppliers on a purchase order basis to maintain continuous production. Shivchem Agro focuses on expanding its product portfolio, optimizing manufacturing capacity, and strengthening its regional market presence to effectively serve agricultural needs.
- Price Band
- ₹59.00 - ₹62.00
- Lot Size
- 2,000 Shares
- Bidding Closes
- 30 Sept 2026
- Listing Date
- 06 Oct 2026
Current GMP Status
₹0
+0% vs upper band
Est. Listing Gain
+0.00%
Last Trend
06 Oct 2026
Listing Price
₹62.00
Retail Entry
₹2,48,000
IPO Details
Complete IPO information
| Current GMP | ₹0 |
|---|---|
| Estimated Listing Gain | +0.00% |
| Price Band | ₹59.00 - ₹62.00 |
| Issue Price | Approx ₹14.01 Crores |
| Listing Price | ₹62.00 |
| Lot Size | 2,000 Shares |
| Issue Type | SME |
| Registrar | Maashitla Securities Pvt. Ltd. |
| Exchange | BSE SME |
| Retail Quota | TBA |
| Overall Subscription | 2.14x |
| Listing Date | 06 Oct 2026 |
| Minimum Investment | ₹2,48,000 |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 1.08 | 1.08 | 1x |
| NII | 11.28 | 1.32 | 1x |
| Retail | 10.24 | 35.88 | 3.50x |
| Overall Subscription | 22.60 | 48.28 | 2.14x |
Day-wise demand
Shivchem Agro IPO subscription status day-wise
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 2 (29 Sept) | 0x | 0.12x | 0.1x | 0.11x |
| Day 3 (30 Sept) | 1x | 1x | 3.5x | 2.14x |
Subscription in times (x) at the end of each bidding day. Today's row updates through the day.
Company data
{Shivchem Agro}: financials, valuation & listing
Listing details
| Listing date | 06 Oct 2026 |
|---|---|
| BSE code | 544967 |
| ISIN | INE18CU01023 |
| Offer price | ₹59 – ₹62 |
| Face value | ₹5 |
| Listing price | ₹62 |
Valuation
| Return on equity (ROE) | 28.76% |
|---|---|
| Return on capital employed (ROCE) | 30.04% |
| EBITDA margin | 17.69% |
| PAT margin | 9.61% |
| Debt to equity | 0.56 |
| EPS | 6.16 (Basic) |
| P/E ratio | N/A |
| Return on net worth | 28.76% |
| NAV per share | 24.50 |
Financial history
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 10.95 Cr. | 9.22 Cr. | 1.29 Cr. | 16.41 Cr. |
| 2025 | 27.50 Cr. | 23.98 Cr. | 2.60 Cr. | 36.29 Cr. |
| 2026 | 33.84 Cr. | 29.44 Cr. | 3.25 Cr. | 45.04 Cr. |
Peer comparison
| Company | Income | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|---|
| Super Corp Safe Limited | 53.13 Cr. | 0.52 | 27.83 | 6.69% | 7.80 |
| Sikko Industries ltd | 65.01 Cr. | 0.33 | 15.21 | 5.92% | 1.98 |
Use of proceeds
| Purpose | Amount (₹ crore) |
|---|---|
| Funding the working capital requirements of the Company | 6.9 (49.25%) |
| Repayment / pre-payment of borrowings | 3.5 (24.98%) |
| General Corporate Purposes | 3.61 (25.77%) |
Key dates
| UPI mandate deadline | 30 Sept 2026 |
|---|---|
| Allotment finalised | 01 Oct 2026 |
| Refund initiation | 05 Oct 2026 |
| Shares credited | 05 Oct 2026 |
| Mandate end date | 15 Oct 2026 |
| Anchor lock-in ends (50%) | 30 Oct 2026 |
| Anchor lock-in ends (remaining) | 29 Dec 2026 |
Grey Market Premium (GMP) data is entirely unofficial and speculative, and is influenced by market sentiment, demand and supply for IPO shares, and market rumors. While GMP can provide an indication of the expected IPO listing price, it may not always be accurate and does not guarantee the actual listing price.
Head-to-head
Compare Shivchem Agro IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Shivchem Agro is priced at ₹62 per share. With a minimum lot size of 2,000 shares, a retail investor applying for one lot would need approximately ₹2,48,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Shivchem Agro stands at ₹0, implying an estimated listing gain of around 0.00% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Shivchem Agro's IPO was subscribed 2.14x overall, with a category-wise breakdown of Retail 3.5x, QIB 1x, NII 1x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
28 Sept 2026
✓
Bidding Closes
30 Sept 2026
✓
Allotment
01 Oct 2026
✓
Listing
06 Oct 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 06 Oct 2026 | ₹2.00 | - | 3.23% |
| 05 Oct 2026 | ₹2.00 | +₹1.00 | 3.23% |
| 03 Oct 2026 | ₹1.00 | -₹1.00 | 1.61% |
| 02 Oct 2026 | ₹2.00 | +₹1.00 | 3.23% |
| 01 Oct 2026 | ₹1.00 | -₹9.00 | 1.61% |
| 30 Sept 2026 | ₹10.00 | - | 16.13% |
| 29 Sept 2026 | ₹10.00 | +₹4.00 | 16.13% |
| 28 Sept 2026 | ₹6.00 | - | 9.68% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 4,000 | ₹2,48,000 |
| Retail Maximum | 2 Lot | 4,000 | ₹2,48,000 |
| S-HNI Minimum | 3 Lot | 6,000 | ₹3,72,000 |
| S-HNI Maximum | 8 Lot | 16,000 | ₹9,92,000 |
| B-HNI Minimum | 9 Lot | 18,000 | ₹11,16,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Shivchem Agro IPO Details
Shivchem Agro IPO is a book building issue with an issue size of Approx ₹14.01 Crores. The IPO comprises a fresh issue of Approx ₹14.01 Crores and is proposed to be listed on the BSE SME. The IPO price band is set at ₹59 – ₹62 per equity share.
| Particular | Details |
|---|---|
| IPO Open Date | 28 Sept 2026 |
| IPO Close Date | 30 Sept 2026 |
| IPO Price Band | ₹59 – ₹62 |
| Issue Size | Approx ₹14.01 Crores |
| Fresh Issue | Approx ₹14.01 Crores |
| Issue Type | SME |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Note: The above Shivchem Agro IPO details are based on the information provided for the issue.
Analysis
Shivchem Agro IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 28 Sept 2026 |
| IPO Close Date | 30 Sept 2026 |
| Basis of Allotment | 01 Oct 2026 |
| Refunds | 05 Oct 2026 |
| Credit to Demat Account | 05 Oct 2026 |
| IPO Listing Date | 06 Oct 2026 |
Note: The timeline for Shivchem Agro IPO is tentative and subject to change.
Analysis
Shivchem Agro Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Funding the working capital requirements of the Company | 6.9 (49.25%) |
| Repayment / pre-payment of borrowings | 3.5 (24.98%) |
| General Corporate Purposes | 3.61 (25.77%) |
Note: Objectives are as specified in the DRHP/RHP documents of Shivchem Agro.
Analysis
Shivchem Agro Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 10.95 Cr. | 9.22 Cr. | 1.29 Cr. | 16.41 Cr. |
| 2025 | 27.50 Cr. | 23.98 Cr. | 2.60 Cr. | 36.29 Cr. |
| 2026 | 33.84 Cr. | 29.44 Cr. | 3.25 Cr. | 45.04 Cr. |
Note: Financial numbers for Shivchem Agro are in ₹ Crores unless stated otherwise.
Analysis
Shivchem Agro Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 28.76% |
| ROCE | 30.04% |
| EBITDA Margin | 17.69% |
| PAT Margin | 9.61% |
| Debt to Equity Ratio | 0.56 |
| Earning Per Share (EPS) | 6.16 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 28.76% |
| Net Asset Value (NAV) | 24.50 |
Note: Valuation KPIs for Shivchem Agro are computed for FY2026.
Analysis
Shivchem Agro IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Super Corp Safe Limited | 0.52 | 27.83 | 6.69% | 7.80 | 53.13 Cr. |
| Sikko Industries ltd | 0.33 | 15.21 | 5.92% | 1.98 | 65.01 Cr. |
Note: Peer group comparisons for Shivchem Agro are sourced from DRHP filings.
FAQ
Shivchem Agro IPO FAQs
Shivchem Agro IPO price band is Rs 59.00 to Rs 62.00. Check the latest issue price, lot size and GMP together before applying.
Shivchem Agro IPO open date is 28 Sept 2026, close date is 30 Sept 2026, and listing date is 06 Oct 2026.
Shivchem Agro IPO lot size is 2,000 shares. The minimum retail investment is Rs 2,48,000.
Shivchem Agro is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Shivchem Agro IPO subscription status currently shows Retail 3.5x, QIB 1x, NII 1x, Overall 2.14x.
Shivchem Agro manufactures and distributes a wide range of agrochemicals and fertilizers designed for crop protection and yield enhancement. The company’s portfolio includes insecticides, fungicides, herbicides, plant growth regulators, rodenticides, and various fertilizers. Operating from a manufacturing facility located in Jhajjar, Haryana, the business formulates chemical solutions to address diverse farming requirements. Shivchem Agro generates its revenue primarily through the sale and distribution of these agrochemical formulations across domestic markets, including Andhra Pradesh, Assam, Haryana, Telangana, Odisha, and Bihar. The company sells its offerings through an extensive distribution network, supported by strategically leased godowns across multiple Indian states to facilitate product supply and timely delivery. Raw materials are sourced from third-party suppliers on a purchase order basis to maintain continuous production. Shivchem Agro focuses on expanding its product portfolio, optimizing manufacturing capacity, and strengthening its regional market presence to effectively serve agricultural needs.
Shivchem Agro IPO issue size is TBA and the expected allotment date is 01 Oct 2026.
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