Shivchem Agro Limited

SMElistedBSE SME

28 Sep 2026 – 30 Sep 2026

LISTED

Offer Price

₹59–62

Bid lot

2000

Min Application

₹2,48,000

Issue Size

₹14 Cr

Key dates

Open date

28 Sep 2026

Done

Close date

30 Sep 2026

Done

Basis of allotment

01 Oct 2026

Done

Initiation of refunds

01 Oct 2026

Done

Credit to demat

01 Oct 2026

Done

Listing date

06 Oct 2026

Done

Issue reservation

₹14 Cr

HNI (10L+) 29.91%HNI (2-10L) 14.96%Retail 45.31%5.04%

QIB

1.1 L sh · ₹66,92,000

4.78%

HNI (10L+)

6.8 L sh · ₹4.19 Cr

29.91%

HNI (2-10L)

3.4 L sh · ₹2.09 Cr

14.96%

Retail

10.2 L sh · ₹6.34 Cr

45.31%

Market maker

1.1 L sh · ₹70,68,000

5.04%

Applications required for 1× subscription

Retail (≤₹2L)

256 forms

S-HNI (₹2–10L)

56 forms

B-HNI (>₹10L)

38 forms

From this issue's reservation split and lot size — the minimum bid each category can place.

BRLM: Shannon Advisors Private Limited

Lot ladder — how much to bid

1 lot = 2000 shares

Individual · up to ₹2 L2+ lots

Min · 2 lots

4,000 sh · ₹2,48,000

Entry point

₹2,48,000 onward

sHNI · ₹2 L to ₹10 L3+ lots

Min · 3 lots

6,000 sh · ₹3,72,000

Entry point

₹3,72,000 onward

bHNI · Above ₹10 L9+ lots

Min · 9 lots

18,000 sh · ₹11,16,000

Entry point

₹11,16,000 onward

Issue details

Lead managersShannon Advisors Private Limited

Fresh issue22,60,000 sh · ₹14 Cr

Face value₹10

Listing onBSE SME

RegistrarMaashitla Securities Pvt.Ltd.

Grey-market sentiment

No grey-market data yet.

Financials

Particulars	FY26	FY25	FY24
Assets	45.04	36.29	16.41
Total Income	33.84	27.5	10.95
PAT	3.25	2.6	1.29
Net Worth	12.92	9.67	1.5
Reserves & Surplus	10.28	7.04	1.45
Total Borrowings	7.28	8.26	7.1

Objects of the issue

Working Capital: ₹6.90 Cr
Loan Repayment/Prepayment: ₹3.50 Cr
General Corporate Purposes: Balance amount
Total Issue Size: ₹10.40 Cr

About the company

Incorporated in September 2021, Shivchem Agro Limited is an agrochemical company engaged in the manufacturing, distribution and sale of agricultural formulations. Its diversified portfolio includes insecticides, fungicides, herbicides, plant growth regulators, rodenticides and fertilizers. As of the Red Herring Prospectus date, the Company is licensed to manufacture 176 agrochemical products and 82 fertilizers.

The Company operates across eight states in India and, as of March 31, 2026, had 685 distributors supported by five godowns. Its manufacturing facility in Jhajjar is equipped with agrochemical production machinery, an Effluent Treatment Plant and a Wet Scrubber Unit. The Company holds ISO 9001:2015, ISO 22000:2018 and ISO 31000:2018 certifications and provides crop protection solutions through its manufacturing and distribution network. As of March 31, 2026, it had 66 permanent employees.

Company strengths

Diversified Product Portfolio
Wide Distributor Network
Automated Filling & Packaging
Strong Field Demonstration Capabilities
Versatile Manufacturing Facility

Promoters

Rohit AgarwalSachin AgarwalDeepa Agarwal

Registered office & contact

Shivchem Agro Limited

Address - Unit No. 703, 704, Amba Tower,

Plot No.2, Community Centre, D.C Chowk, Sector-9

Rohini Sec-11

North West Delhi, New Delhi, 110085

📞 +91 11 46008555

✉️ compliance@shivchemagro.com

How to apply

1Create your account & log inSign up on Investoyard and complete a quick KYC.

2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.

3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.

4Approve the UPI mandateYou receive a fund-block request on your UPI app.

5DoneFunds stay blocked until allotment, then auto-debited (or released).

Frequently asked questions

What is the minimum investment in the Shivchem Agro Limited IPO?

One lot of 2000 shares — ₹2,48,000 at the upper price band of ₹62.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-10-06 on BSE SME.

₹59–62

Applications are closed.