GMP IPO Watch
Shivchem Agro IPO
Shivchem Agro IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Shivchem Agro IPO Details
Key facts at a glance| IPO Open Date | 27 September 2026 | IPO Close Date | 29 September 2026 |
|---|---|---|---|
| Basis of Allotment | 30 September 2026 | Listing Date | 5 October 2026 |
| Price Band | ₹59 - ₹62 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,48,000 |
| Total Issue Size | ₹14.01 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹14.01 Cr | Offer for Sale (OFS) | — |
| Listing At | BSE SME | Issue Category | SME Issue |
| Registrar | Maashitla Securities Pvt. Ltd. | ||
Shivchem Agro IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 27 September 2026 | Confirmed |
| IPO Close Date | 29 September 2026 | Confirmed |
| Basis of Allotment | 30 September 2026 | Tentative |
| Initiation of Refunds | 5 October 2026 | Tentative |
| Credit of Shares to Demat | 5 October 2026 | Tentative |
| IPO Listing Date | 5 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 30 September 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Shivchem Agro IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,48,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,48,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹3,72,000 |
| S-HNI (Max) | 8 Lots | 16,000 Shares | ₹9,92,000 |
| B-HNI (Min) | 9 Lots | 18,000 Shares | ₹11,16,000 |
Shivchem Agro IPO Live GMP & Movement History
Daily unofficial grey market trends₹0 +0.0%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 6 Oct 2026 | ₹2 | ₹64.00 | +3.23% |
| 5 Oct 2026 | ₹2 | ₹64.00 | +3.23% |
| 3 Oct 2026 | ₹1 | ₹63.00 | +1.61% |
| 2 Oct 2026 | ₹2 | ₹64.00 | +3.23% |
| 1 Oct 2026 | ₹1 | ₹63.00 | +1.61% |
| 30 Sept 2026 | ₹10 | ₹72.00 | +16.13% |
| 29 Sept 2026 | ₹10 | ₹72.00 | +16.13% |
| 28 Sept 2026 | ₹6 | ₹68.00 | +9.68% |
Shivchem Agro IPO Subscription Status
Demand breakdown by investor categoryShivchem Agro Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 16.41 Cr. | 10.95 Cr. | 9.22 Cr. | 1.29 Cr. |
| 2025 | 36.29 Cr. | 27.50 Cr. | 23.98 Cr. | 2.60 Cr. |
| 2026 | 45.04 Cr. | 33.84 Cr. | 29.44 Cr. | 3.25 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Shivchem Agro IPO Valuation & KPIs
Key metrics pre-issueShivchem Agro Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Super Corp Safe Limited | 27.83 | 0.52 | 6.69% | 7.80 | 53.13 Cr. |
| Sikko Industries ltd | 15.21 | 0.33 | 5.92% | 1.98 | 65.01 Cr. |
About Shivchem Agro
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 Important 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 శివ్ కెమ్ ఆగ్రో IPO is tentative and subject to change.
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 శివ్ కెమ్ ఆగ్రో.
Shivchem Agro Company Financial Report
| 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 శివ్ కెమ్ ఆగ్రో are in ₹ Crores unless stated otherwise.
Shivchem Agro Company Valuation & Key Performance Indicators
| 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 శివ్ కెమ్ ఆగ్రో are computed for FY2026.
Shivchem Agro 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 శివ్ కెమ్ ఆగ్రో are sourced from DRHP filings.
Shivchem Agro IPO FAQs
Shivchem Agro IPO opens for subscription on 27 September 2026 and closes on 29 September 2026.
The price band for Shivchem Agro IPO is set at ₹59.00 to ₹62.00 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,48,000).
The latest Grey Market Premium (GMP) for Shivchem Agro IPO is ₹0.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Shivchem Agro IPO is tentatively scheduled for 30 September 2026, and shares are expected to list on the stock exchanges on 5 October 2026.
Maashitla Securities Pvt. Ltd. is the official registrar for Shivchem Agro IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.