Skip to main content
  1. Shivchem Agro IPO
Shivchem Agro IPO
3.25xsubscribed

Shivchem Agro IPO

Pesticides & Agrochemicals
listed
₹2.36LMin. investment

Shivchem Agro Limited IPO Details

SectorPesticides & Agrochemicals
Price range₹59.00 – ₹62.00
IPO type
SME
Lot size2000 shares
Issue size₹14Cr
Red Herring Prospectus
Read
Market cap
₹46.7CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹33.82CrLower than sector avg
Growth rate3Y CAGR
75.82%

Shivchem Agro IPO Subscription Status

Date
QIB
NII
Retail
Total
28-Sep-26
0.0 times (X)
0.41 times (X)
0.1 times (X)
0.16 times (X)
29-Sep-26
0.0X
2.14X
0.68X
0.97X
30-Sep-26
1.0X
3.33X
3.47X
3.25X

As on 28-Sep-26, 5:00 PM

Shivchem Agro IPO Timeline

  1. Pre-apply
    25 Sep 2026
  2. Bid start
    28 Sep 2026
  3. Bid end
    30 Sep 2026
  4. Allotment
    1 Oct 2026
  5. Release of funds
    5 Oct 2026
  6. Demat transfer
    5 Oct 2026
  7. Listing
    6 Oct 2026

About Shivchem Agro Limited

Shivchem Agro was incorporated in September 2021. It manufactures, stocks, distributes and sells agricultural formulations in solid and liquid forms. Its portfolio comprises insecticides, fungicides, herbicides, plant growth regulators, rodenticides and fertilizers.
The company supplies these crop-protection products through a distributor-led model. The company operates one 22,680 sq. ft. manufacturing facility at Barhana, Jhajjar, Haryana, with an effluent treatment plant and wet scrubber, and five godowns supporting distribution. It holds licences for 176 agrochemical products and authorisation for 82 fertilisers, and is licensed to sell, stock, exhibit and distribute products in eight states. Revenue is entirely domestic and the company has no presence or revenue outside India. It also sources raw materials only from domestic suppliers.
In FY26, herbicides contributed 43.5% of revenue from operations, insecticides 30.3%, fungicides 15.8%, plant growth regulators 8.1%, fertilizers 2.1% and rodenticides 0.1%. From FY24 to FY26, the herbicide share rose from 34.1% to 43.5%, fungicides from 6.8% to 15.8%.
Andhra Pradesh contributed 33.9% of FY26 revenue, Assam (20.8%), Haryana (19.7%), Telangana (16.4%), Odisha (8.6%) and Bihar (0.3%). The distributor network expanded from 185 in FY24 to 685 in FY26. Total production volume capacity increased to 65,07,500 kg/litre in FY25 and remained unchanged in FY26.The company’s employee base increased from 40 in FY24 to 66 in FY26, while its sales team expanded from 17 to 39.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Shivchem Agro Limited IPO

Working capital
49.20%
The company will utilise ₹6.90 crore to fund its working capital requirements.
General corporate purposes
25.70%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Repayment of borrowings
25.00%
The company will utilise ₹3.50 crore to repay certain outstanding borrowings.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹33.82Cr75.82%₹3.25Cr₹46.7Cr10.060.56
This sector (avg.)₹2,166.44Cr---₹120.15Cr₹7,758.76Cr32.380.50
₹46,637Cr---₹820Cr₹59,422.93Cr28.320.77
₹7,977.8Cr---₹1,660.2Cr₹48,475.25Cr32.060.02
₹3,148.52Cr---₹506.44Cr₹20,447.5Cr38.480.02

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Shivchem Agro IPO Contact Details

Company NameShivchem Agro Limited

How to apply for Shivchem Agro IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Shivchem Agro Limited IPO FAQs

Investors can apply for the Shivchem Agro IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Shivchem Agro IPO is 14 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Shivchem Agro IPO will be open between 2026-09-28 and 2026-09-30.
Shivchem Agro IPO allotment date is 2026-10-05. For Shivchem Agro IPO allotment status check, you can visit the website of the registrar of the IPO.
For Shivchem Agro IPO, the IPO registrar is MAASHITLA SECURITIES PRIVATE LIMITED . You can check Shivchem Agro IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Shivchem Agro IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Shivchem Agro IPO lot size is 2000 and minimum order quantity is 4000.
Shivchem Agro IPO has set the price band for its IPO at 62 per equity share with a face value of 5.