Shivchem Agro IPO Details
Shivchem Agro IPO Summary

Shivchem Agro IPO opens for subscription on 28 Sep 2026 and closes on 30 Sep 2026.The IPO will be listed on BSE with the tentative listing date set for 06 Oct 2026.
Shivchem Agro IPO price band has been fixed at ₹59 – ₹62 per share. The face value is ₹5 per share with a lot size of 2000.
Shivchem Agro IPO total issue size comprises 22,60,000 shares (aggregating up to ₹14.01 Cr). This includes a fresh issue of 22,60,000 shares (aggregating up to ₹14.01 Cr). Pre-issue shareholding stands at 52,72,873, which will increase to 75,32,873 post-issue.
Shivchem Agro IPO carries a ₹1.5 (2.42%) GMP, reflecting investor sentiment.
Shivchem Agro IPO Lot Size :Individual Minimum is 2 lots (4,000 shares) amounting to ₹2,48,000. Individual Maximum is 2 lots (4,000 shares) amounting to ₹2,48,000. SHNI Minimum is 3 lots (6,000 shares) amounting to ₹3,72,000. SHNI Maximum is 8 lots (16,000 shares) amounting to ₹9,92,000. BHNI Minimum is 9 lots (18,000 shares) amounting to ₹11,16,000.
Shivchem Agro IPO Details
Shivchem Agro IPO Subscription
Shivchem Agro IPO Application Wise Breakup
Shivchem Agro IPO Dates
- 28 Sep 2026Opening dateOpen
- 30 Sep 2026Closing dateClose
- 01 Oct 2026Allotment Date Allotment
- 05 Oct 2026Initiation of RefundsRefund
- 05 Oct 2026Credit of SharesCredit
- 06 Oct 2026Listing dateListing
Shivchem Agro IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 4000 | ₹2,48,000 |
| Individual Maximum | 2 | 4000 | ₹2,48,000 |
| SHNI Minimum | 3 | 6000 | ₹3,72,000 |
| SHNI Maximum | 8 | 16000 | ₹9,92,000 |
| BHNI Minimum | 9 | 18000 | ₹11,16,000 |
Shivchem Agro IPO Reservation
Promoter Holding
Documents
Shivchem Agro IPO Valuations
Shivchem Agro Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 36.16 | 16.41 | 2.75 |
| Total Income | 27.50 | 10.95 | 2.28 |
| Profit After Tax | 2.51 | 1.29 | 0.13 |
| EBITDA | 4.26 | 1.93 | 0.18 |
| NET Worth | 9.58 | 1.50 | 0.21 |
| Reserves and Surplus | 6.95 | 1.45 | 0.16 |
| Total Borrowing | 8.26 | 7.10 | 1.28 |
| Amount in ₹ Crore | |||
About Shivchem Agro IPO
Incorporated in 2021, Shivchem Agro is an ISO 9001:2015, ISO 22000:2018, and ISO 31000:2018 certified agrochemical company based in India. The company manufactures stock, distribute, and sell a wide range of agricultural formulations, including insecticides, fungicides, herbicides, plant growth regulators, rodenticides, and fertilizers. These products are available in both solid (powders) and liquid (emulsifiable concentrates) forms, helping farmers improve crop protection and productivity.
Products:
- Insecticides to manage pest challenges in agriculture
- Fungicides used to combat fungal diseases in crops and seeds
- Herbicides offer a solution to tackle unwanted plants or weeds
- Plant Growth Regulators: plant hormones or vitamins
- Rodenticide: Chemical substances to control rodent populations by killing or repelling
- Fertilizers used to meet the needs of various soils and crops
The company is licensed under the Insecticides Act, 1968 to manufacture 176 agrochemical products—88 insecticides, 40 fungicides, 37 herbicides, 8 plant growth regulators, and 3 rodenticides—approved by the Central Insecticides Board and Registration Committee (CIBRC), Haryana. It is also authorized to manufacture 82 fertilizers under the Fertilizer Control Order, 1985.
The company is licensed to sell and distribute our products in Andhra Pradesh, Telangana, Odisha, Assam, and Madhya Pradesh, with a network of 516 distributors and 6 godowns across these states as of March 31, 2025.
Manufacturing facility: Its manufacturing facility in Jhajjar, Haryana, is equipped with modern machinery and pollution control systems, including an Effluent Treatment Plant (ETP) and a Wet Scrubber Unit.
As on August 31, 2025, its total workforce has 59 permanent employees.
Strength Of Shivchem Agro IPO
- Diversified product portfolio including a wide range of insecticides, fungicides, herbicides, plant growth regulators, rodenticides, and fertilizers.
- A large and diverse Distributors and Distribution Network.
- On-Field Product Demonstrations.
- Manufacturing facility with ability to manufacture a wide range of products.
- Enhanced Efficiency Through Automated Filling and Packaging Machines.
Risk Of Shivchem Agro IPO
- We require various statutory and regulatory approvals, including licenses under the Insecticides Act, 1968 and the Fertilizer Control Order, 1985 for our products. Any failure to successfully obtain such registrations or renew or maintain our statutory and regulatory permits and approvals required to operate our business and manufacturing facility would adversely affect our operations, results of operations and financial condition.
- We are subject to stringent technical specifications and quality requirements in relation to our products. Our failure to comply with the quality standards and technical specifications may lead to loss of business from such customers and could negatively impact our reputation, which would have an adverse impact on our business prospects and results of operations.
- Our products may become obsolete or ineffective, which could adversely affect our revenues, profitability, overall business prospects and results of operations.
- Our cost of materials consumed constituted a majority of the total expenses incurred in financial year ended March 31, 2026, 2025 and 2024. Any further increase in our costs of materials consumed or our inability to reasonably offset our costs with the prices of our products may have an adverse impact on our profitability.
- Our Company has paid capital advances to our Promoters for proposed property acquisitions. The transaction with Rohit Agarwal has been cancelled and the advance refunded, while the transaction with Sachin Agarwal remains incomplete and may expose us to forfeiture risk.
- We are dependent on our distribution network for the sale of our products to our end customers. Our revenue from operations is primarily driven through our Distributors. Any challenges in maintaining relationships with these Distributors or unfavourable market developments affecting Distributor driven sale could have an adverse impact on our business, operational performance, cash flows, and overall financial health.
- We depend on a few suppliers for supply of raw materials. Any failure to procure such raw materials from these suppliers may have an adverse impact on our manufacturing operations and results of operations.
- We typically do not enter into long-term agreements with our customers. Any inability to retain our customers may have a material adverse impact on our profitability, financial condition and results of operations.
- Our inability to collect receivables in time or at all, and any default in payment from our clients, could materially and adversely affect our business, cash flows, financial condition and results of operations.
- There are certain discrepancies in some of our corporate records relating to forms filed with the Registrar of Companies.
Objectives Shivchem Agro IPO
1. Funding the working capital requirements of our Company
2. Repayment/prepayment, in full or part, of certain loans availed by our Company
3. General Corporate Purpose
Company Contact Details
Shivchem Agro Ltd.
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
Phone: +91 11 4600855
Email: compliance@shivchemagro.com
Website: http://www.shivchemagro.com/
Registrar Contact Details
Shivchem Agro FAQs
The Shivchem Agro IPO is a SME public issue comprising 2260000 equity shares with a face value of ₹5 each, aggregating to a total issue size of ₹14.01 Cr. The issue price has been fixed at ₹62 per equity share, and the minimum application size is 2000 shares.
The IPO opens for subscription on 28 Sep 2026, and closes on 30 Sep 2026.
Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹1.5 (2.42%).

